Welcome to the Wiley IFRS Insider Community! 

Exclusive for adopters of Wiley Accounting textbooks in Intermediate Accounting, we have tried to develop this platform with you in mind. Our hope is that you will find this site to be a great place to learn about what's new in IFRS and other hot accounting topics. You can find links to important resources, chat with your colleagues, and communicate directly with Wiley authors. Our best hope for this site is that it will both answer your questions and spur meaningful discussion.

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Blog Posts

Going, Going....

Posted by Terry Warfield on April 5, 2013 at 12:50pm 1 Comment

With the start of the baseball season, I could not resist a reference to baseball vernacular, as the FASB expects to release a proposal on its Going Concern project within the next several weeks. Going concern is the assumption inherent in…

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Extraordinary Times, but Maybe Not for Accounting

Posted by Terry Warfield on November 27, 2012 at 3:02pm 0 Comments

Hurricane Sandy has brought to the forefront the recurring debate about the accounting for extraordinary events.  GAAP indicates the special treatment (reported “below the operating income line”, net of tax) may be used only for events that are…

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IFRS Update for November, 2012

Posted by Dr. Maureeen Francis Mascha on November 25, 2012 at 11:20am 0 Comments

Barry Melancon, the AICPA president and CEO, warned that if the U.S. continues to stall on the issue of IFRS convergence the U.S. risks losing its stature as leader amongst the world accounting setters. Melancon further stated that the U.S.'…

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IFRS UPDATE SEPT. & OCT. 2012

Posted by Dr. Maureeen Francis Mascha on October 15, 2012 at 11:00am 0 Comments

Even though the SEC seems to be dragging its heals regarding convergence with the FASB, recent developments may indicate otherwise:



Financial instrument impairment models developed by the IASB and FASB will focus on expected losses, not… Continue

Dog-Days Update

Posted by Terry Warfield on August 14, 2012 at 6:37am 0 Comments

Tradition has it that mid-to-late August is referred to as the dog days, when the heat slows everyone down.  Not so much with developments in accounting standard-setting.

First, there is the long-awaited report from the SEC staff on the…

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