At a board meeting in London yesterday the International Accounting Standards Board reached consensus to publish a controversial draft rule on accounting for share options in the autumn with the aim of issuing a final standard in 2003.
Opposition by business has focused on the measurement method and competition issues.
European listed companies must begin reporting under IASs by 2004, but the US has still not signed up to the single set of global reporting standards with European business arguing this will create an uneven playing field.
UK senior partner Phil Verity has been elected for a second term at Mazars
An audit partner has been appointed at Grant Thornton in its North West offices
KPMG has been appointed with “immediate” effect as the auditor of Dorcaster
The audit for Ibstock will be taken over by Deloitte following a competitive tender process