The Parliament voted overwhelmingly on Tuesday in favour of the International Accounting Standards Board’s single set of accounting standards to be used by all listed European companies in 2005.
The endorsement means that the necessary legislation will be quickly passed into the member states’ national legislation.
All IASs will be scrutinised by a technical board under the aegis of the European Commission to ensure compliance with other EU laws.
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