About this blog

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:

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.

Language Miscellany

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

Peter Clark


Tag cloud

Academic Asset Cash flows Cash flows: discounted future (DCF) Concepts Conceptual Framework Consolidation Depiction Disclosure Discount rate Drafting Environment Equity Expense FASB Financial performance Financial statements: general Foreign currency Goodwill History IASC Impairment Income Insurance contracts Intangible Label Language Liability Measurement Measurement: fair value Mismatch Obligation OCI Offsetting Pensions Presentation Primary financial statement Recognition Residual Revenue Standard setting Tax Transition Uncertainty User needs