Over ten years in the making, the publication of major new standards on revenue, leases, insurance and credit losses highlights the complexity and challenges of addressing accounting issues and the standard-setting process itself. Perceptions that other long-standing accounting issues, such as accounting for goodwill or inflation, remain unresolved appear to reinforce this point.
At this year’s IFBM conference, expert academics consider why some accounting issues have been deemed too difficult to resolve and what research can tell us about these issues. And with a view to influencing future standard-setting, we also explore what we can learn from these examples and ask what the next big accounting issues might be.
Every talk is followed by a practitioner response and a chance to ask questions.
The event will be held as a series of daily online lectures and is free to view.