Welcome to my blog Accounting Miscellany. I’m writing about accounting topics that people often overlook or forget about.
A good way to find your way around the blog is to go to the tag cloud (on the Home and Blog pages or on this page). Then just click on a tag that interests you.
My work for the IASB
I worked for the International Accounting Standards Board (IASB) and its predecessor from 1994 to 2021. I spent most of my time on projects on:
- 1994-2001: employee benefits; income taxes; insurance contracts; events after the reporting period; investment property; provisions; shaping IASC for the future (leading to the creation of the IASB); discounting
- 2001-2012: first-time adoption of IFRS Standards; insurance contracts; fair value measurement; employee benefits; related parties; revenue recognition; provisions
- 2012-2018: conceptual framework for financial reporting
- 2018-2021: rate-regulated activities; management commentary; business combinations under common control; goodwill and impairment; definition of a business
From 1995 to 1999 I also edited IASC Update, the quarterly magazine of the International Accounting Standards Committee (the IASB’s predecessor).
Before the IASC
Before joining the IASC, I trained as a Chartered Accountant (ICAEW) with Peat, Marwick, Mitchell and Co in London. I next spent 4 years in Luxembourg, first with Fiduciaire Générale du Luxembourg (member of Touche Ross International) then with Peat, Marwick, Mitchell and Co (which merged into KPMG). On returning to London, I spent 5 years with a medium-sized accounting firm, Clark Whitehill.
My other blog, Language Miscellany, is about English, other languages and language in general. Home – Language Miscellany
Academic Asset Cash flows Comparability Concepts Conceptual Framework Contingent Cryptocurrency Depiction Disclosure Discounted future cash flows Discount rate Drafting Emission trading Environment Equity Financial performance Financial statements: general Foreign currency Grant History IASC IFRIC Impairment Insurance contracts Intangible Interpretation Label Language Liability Measurement Mismatch Obligation OCI Pensions Presentation Primary financial statement Recognition Residual Revenue Standard setting Stewardship Tax Transition Uncertainty