|
|
01 Apr 2009
A prominent standard setter advisory group has notified the G20 summit that a no-holds-barred study into global financial reporting is being fine-tuned.
The Financial Crisis Advisory Group which sent the letter to Downing St last night was established by the IASB and its US counterpart FASB to advise the two boards about standard-setting implications of the global financial crisis and potential changes to the global regulatory environment.
The study which is due in July, will focus on how improvements to financial reporting may enhance investor confidence, in the wake of the capital markets upheaval.
FCAG said it would provide input and advice on significant accounting issues that require the boards' immediate attention 'including , "fair value (including mark-to-market)" accounting, loan provisioning, and structured entities and other off-balance sheet vehicles.'
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment