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
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.’
The FRC has said that the investigation will 'consider, but not be restricted to, issues regarding misstated accounting balances'
The AAT will deliver the end point assessments for the apprenticeships
The tax return deadline is looming, but the 'mad rush' isn't necessary, argues Carl Reader
The London School of Business & Finance has become the official provider of ACCA tuition materials for the PwC CEE Academy