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Coping with the Consequences of COVID-19: Redoubling Attention to the Professional Standards

By |2020-07-10T21:19:12+08:00July 10th, 2020|Audit and Assurance|

Barry Jay Epstein, Ph.D., CPA, Accounting Expert at Epstein + Nach LLC and Eva K. Jermakowicz, Ph.D., CPA Professor, College of Business Tennessee State University The current novel coronavirus (COVID-19) epidemic is causing huge concern and disruption throughout the world, for obvious reasons, and the [...]

Preparing your Company for FRS115 (IFRS15)

By |2018-09-25T10:38:25+08:00September 25th, 2018|Audit and Assurance, Insights|

The Accounting Standards Council issued FRS 115 (also known as IFRS 15) on 19 Nov 2014. FRS 115 is effective from annual periods beginning on or after 1 Jan 2018. Earlier application is permitted. Objectives of FRS 115 The objective of IFRS 15 is to set out standards for recognition [...]