Companies such as HSBC, Barclays and Commerzbank will meet with the IASB privately in order to discuss issues surrounding how derivatives will be dealt with in the new standard. The banks believe that it will compromise the widely used risk management strategy of macro hedging.
Sir David Tweedie has said he is prepared to look for compromises but would not tolerate answers that would weaken the principles already set out, such as measuring derivatives at fair value.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel