The chief executive of Axa, France’s biggest insurer, has rounded on the
International Accounting Standards Board claiming standard setting was too
important to be left to accountants alone.
The remarks from Henri de Castries were reported in the
The paper quotes de Castries saying the standard setter is accountable to no
one and standards were an ‘instrument of political sovereignty’ that should not
be left to accountants.
The IASB is currently some standards including the issue of fair value
Does Darwin's theory apply to taxation? Colin ponders...
Improvements to cashflow statements are being targeted in a consultation launched by the Financial Reporting Council (FRC)
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure