RegulationAccounting StandardsSarkozy joins fair value scrap

Sarkozy joins fair value scrap

French President Nicolas Sarkozy adds his voice to those calling for sweeping changes to be made to fair value accounting rules

Nicolas Sarkozy, the French President has summoned finance executives to
discuss the possibility of dropping fair value rules.

Mr Sarkozy will seek advice from the top brass at major companies including
BNP Paribas and Societe Generale,
Dow
Jones
reported.

The French President will push for valuation rules which take into account
how long an asset is to be held, which will allow for long-term holdings to be
less subject to writedowns than short-term assets.

Related Articles

Demystifying GDPR for accountants

Accounting Standards Demystifying GDPR for accountants

2w Ellen Temperton, Lewis Silkin
EY fined £1.8m over Tech Data audit

Accounting Standards EY fined £1.8m over Tech Data audit

2m Emma Smith, Managing Editor
The great professional services shake-up

Accounting Standards The great professional services shake-up

3m Fergus Payne, Lewis Silkin
What do clients actually want from an accountant?

Accounting Standards What do clients actually want from an accountant?

4m Emma Smith, Managing Editor
Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

Accounting Standards Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

5m Alison Conley
Membership of the accountancy profession on the rise

Accounting Standards Membership of the accountancy profession on the rise

5m Alia Shoaib, Reporter
The real price of mates' rates in the provision of professional services

Accounting Standards The real price of mates' rates in the provision of professional services

5m DAC Beachcroft
IASB overhauls insurance accounting with issuance of IFRS 17

Accounting Standards IASB overhauls insurance accounting with issuance of IFRS 17

7m Alia Shoaib, Reporter