Leisenring: IFRS 9 Abuse “Inevitable”

Somehow I ended up on the mailing list of Risk.Net, which hails itself as “The world’s leading monthly magazine dedicated to the risk management and derivatives industries.”  In this week’s top story, headlined “Abuse of revised IFRS standards “inevitable” – IASB’s Leisenring“, Jim is quoted as expressing concern about using management intent to determine how [...] Read more > >

Welcome to Our New Editorial Assistant

I just got off the phone (Skype, actually) with our new editorial assistant, Jeremy Bentley.  Jeremy is in BYU’s PhD-prep program, which has generated a number of successful accounting researchers.  Jeremy will be doing a little work behind the scenes, but his primary duty will be more visible:  to keep our blog on top of [...] Read more > >

Round Table Discussion: Jim Leisenring, IASB Board Member

On Tuesday, Jan 12th, 4 pm ET, we will be joined by Jim Leisenring. Jim is currently a member of the IASB, where he has been serving since 2001. Given his prior role as a director and later a board member at the FASB, Jim arguably has more standard setting experience than just about any [...] Read more > >

Happy New Year (in Principle)

I hope everyone is refreshed and ready for the new year — and a challenging one it will be for standard setters, with the convergence deadlines rapidly approaching.  To get you started, here are some thoughts on Principles vs. Rules, from Paul Miller and Paul Bahnson, academics who have a regular column (The Spirit of [...] Read more > >