Welcome to my blog Accounting Miscellany. I’m writing about accounting topics that people often overlook or forget about.
Most posts fall into one or more of the following categories:
- Standards and projects I worked on, or that were being discussed, in the 26 years I spent working for the International Accounting Standards Board (IASB) and its predecessor (IASC);
- the IASB’s Conceptual Framework for Financial Reporting
- user needs
- links to some useful papers that you will never find if you don’t know they exist
- history of the IASB and of IASC
- the process of setting standards
- academic research about accounting
- language and accounting
Categories and tags
You can click on the links above to find all posts in that category. There is a clickable list of the above categories at the foot of the Home page and also the Blog page.
To sub-categorise posts into more detailed topics, I use tags. A clickable tag cloud appears at the foot of this page, and also the foot of both the Home page and the Blog page. The tag cloud lists the tags I have used most often. Clicking on a tag in the tag cloud will take you to all posts marked with that tag.
Underneath each post is a clickable list of categories and tags marking that post.
At the foot of both the Home and Blog pages, you will also find a search engine.
Commenting and telling other people
If you have something to say about a post, please comment in the box under the post.
If you enjoy the blog (or even just one post), please tell other people to give them a chance to enjoy it too.
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
I also run a blog about my family history, called Birds of Cressingham. There is a list of the main surnames and places covered at They came from 11 counties – Birds of Cressingham
Academic Asset Cash flows Cash flows: discounted future (DCF) Concepts Conceptual Framework Consolidation Contingent Depiction Disclosure Discount rate Drafting Environment Equity FASB Financial performance Financial statements: general Foreign currency Goodwill History IASC Impairment Income Insurance contracts Intangible Interpretation Label Language Liability Measurement Measurement: fair value Mismatch Obligation OCI Offsetting Pensions Presentation Primary financial statement Recognition Revenue Standard setting Tax Transition Uncertainty User needs