Philip Laskawy, the former chairman of Ernst & Young, has been made
interim head of the trustees who oversee the International Accounting Standards
This follows the loss of previous chairman Tommaso Padoa-Schioppa who was
named in Romano Prodi’s new Italian government as its finance minister.
Laskawy emphasised that the body was still seeking another European chairman.
The European Commission is demanding that someone from the European Union
head up the IASB trustees over fears that there is too much American influence
over the formation of international accounting standards.
Improvements to cashflow statements are being targeted in a consultation launched by the Financial Reporting Council (FRC)
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
Long-serving PwC director Fiona Westwood has moved to Smith & Williamson and stepped up to partner