• Register
Return to: Home > News > Standards > Grant Thornton UK director joins IASB and FASB

Grant Thornton UK director joins IASB and FASB

Grant Thornton UK director of financial reporting Jake Green has been granted membership of the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) Joint Transition Resource Group for Revenue Recognition (TRG).

Green leads Grant Thornton UK's technical team on financial reporting and is also a member of the International Financial Reporting Standards (IFRS) Advisory Council.

As financial reporting director, Green also represents Grant Thornton UK in front of the network's global IFRS interpretations group and revenue implementation group.

The TRG was launched in 2014 with the mandate to advise the IASB and FASB on possible implementation issues arising from the converged standard on the recognition of revenue from contracts with customers, issued in May 2014 by IASB and FASB.

The new standard aims to improve both revenue reporting and comparability reporting between financial statements globally.

Other members of the TRG include representatives from the Big Four, big industry and the wider accounting profession.


Related articles:

FASB and IASB create joint group for revenue recognition standard

Top Content

    Blockchain and the Big Four: does it deserve all the hype?

    Although still in its infancy, blockchain is one of the most talked-about technologies of 2018. Will the blockchain bubble burst, or will it live up to its reputation as the ‘new internet’? Eleanor Jerome investigates

    read more

    Malaysia: Ready to show its strength

    Recent changes have enhanced the quality of audit reports in Malaysia, giving the profession a welcome opportunity to demonstrate its value to clients. Paul Golden reports

    read more

    China: Regulating the Chinese dragon

    Harsh regulatory actions and looming US trade wars have been dampening expectations in a Chinese market still full of potential, finds Jonathan Minter

    read more

    Indigenous Australians: New checks and balances

    With fewer than 40 known qualified Indigenous Australian accountants, Jonathan Minter speaks to Shelley Cable from PwC Australia about how increasing this number is an important part of improving the financial literacy of Indigenous communities

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.