The chief US financial regulator has backed the appointment of Hans
Hoogervorst as the new chairman of the International Accounting Standards Board
Mary Schapiro, chairman of the Securities and Exchange Commission, commended
the appointment of the former Dutch finance minister.
“Mr Hoogervorst has a demonstrated track record representing the needs of
investors, most recently in his roles as chairman of the Netherlands Authority
for the Financial Markets, chairman of the Technical Committee of the IOSCO, and
co-chair of the Financial Crisis Advisory Group,” she said.
Schapiro also praised Iain Mackintosh, former head of the UK Accounting
Standards Board, who has becomes vice chairman of the IASB, saying
standard-setting would benefit from his considerable experience.
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