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,
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.
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