The UK’s insurance representative body has hit out at the European Union for
failing to endorse the IASB’s new standard on financial instruments.
In a letter to the Financial Times Peter Vipond, the Association of British
Insurers’ director of financial regulation, attacked the “increased
politicisation” of the standard setting process and the EU’s approach to IFRS 9.
“It was pressure from the European Commission earlier this year that prompted
the IASB to bring out IFRS 9. It is unhelpful that pressure from within the EU
has stalled the endorsement process. This confusion helps nobody in the end,”
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