Jose Manuel Barroso has hinted that he would be behind dropping fair value
The President of the European Commission gave his support to the move in the
wake of French proposals to make fair value accounting standards more flexible.
Barroso is now working with French President Nicolas Sarkozy and the European
Central Bank to present proposals to Britain, France, Germany and Italy at a
summit meeting in Paris at the weekend.
Improvements to cashflow statements are being targeted in a consultation launched by the Financial Reporting Council (FRC)
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
Dr Richard Willis provides a several thousand-year history lesson of the profession, from origin to modern-day
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season