SEC decision over IFRS kicked into the long grass
Accounting Standards

SEC decision over IFRS kicked into the long grass

12y Richard Crump , Writer

SEC decision over IFRS kicked into the long grass

US SEC still not set on a timetable to converge with global reporting standards. Its report will not contain recommendation on whether to move fully t...

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What's in a name: The value of a brand
Business Regulation

What's in a name: The value of a brand

12y Stuart Whitwell

What's in a name: The value of a brand

Stuart Whitwell explains that accountants should ignore brand valuation at their peril Read More...

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IFRS Foundation back in the black after £2m loss in 2010
Regulatory Bodies

IFRS Foundation back in the black after £2m loss in 2010

12y Rachael Singh , Writer

IFRS Foundation back in the black after £2m loss i...

International standard setter announces surplus for 2011 compared to a £2m loss in 2010 Read More...

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BoE’s Haldane calls for separate rules for banks
Accounting Standards

BoE’s Haldane calls for separate rules for banks

12y Richard Crump , Writer

BoE’s Haldane calls for separate rules for banks

Current international reporting standards are falling short for banks Read More...

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Expected-loss model "well on the way", says IASB
Accounting Standards

Expected-loss model "well on the way", says IASB

12y Richard Crump , Writer

Expected-loss model "well on the way", says IASB

Hans Hoogervorst said criticisms of incurred-loss model only partially justified Read More...

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IASB proposes 11 amendments to IFRS
Accounting Standards

IASB proposes 11 amendments to IFRS

12y Richard Crump , Writer

IASB proposes 11 amendments to IFRS

Amendments include changes to the IFRS 13 fair value measurement Read More...

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Don’t delay reporting changes warn firms
Accounting Standards

Don’t delay reporting changes warn firms

12y Rachael Singh , Writer

Don’t delay reporting changes warn firms

E&Y and Grant Thornton warn Accounting Standards Board delays to implementing financial reporting changes could cost businesses Read More...

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Pirc wants KPMG ousted as Standard Chartered auditor
Audit

Pirc wants KPMG ousted as Standard Chartered auditor

12y Richard Crump , Writer

Pirc wants KPMG ousted as Standard Chartered audit...

Pirc is urging investors to vote against the bank's annual report; auditors and audit committee chair Read More...

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World is waiting as US dithers over IFRS
Accounting Standards

World is waiting as US dithers over IFRS

12y Richard Crump , Writer

World is waiting as US dithers over IFRS

Sir David Tweedie warns that US elections could put convergence back ten years Read More...

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Problems with IAS 39 flare up again
Accounting Standards

Problems with IAS 39 flare up again

12y Richard Crump , Writer

Problems with IAS 39 flare up again

Pirc claims that auditors are forcing boards to comply with IFRS rather than the law. Surely auditors would be mad to go against current standards? Re...

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Stop using accounting as a scapegoat says FRAC chair
Accounting Standards

Stop using accounting as a scapegoat says FRAC chair

12y Richard Crump , Writer

Stop using accounting as a scapegoat says FRAC cha...

Blaming IFRS for poor judgment is like blaming tape measures for not building flood defences high enough Read More...

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IASB meets European accounting standard setters
Accounting Standards

IASB meets European accounting standard setters

12y Rachael Singh , Writer

IASB meets European accounting standard setters

IASB chairman Hans Hoogervorst meets European Financial Reporting Advisory Group to discuss progress on key accounting standards including insurance c...

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Public sector IFRS: worth the effort?
Accounting Standards

Public sector IFRS: worth the effort?

12y Peter Bateman , Writer

Public sector IFRS: worth the effort?

Little drama from local government's move to IFRS, but was it worth the hard work in the first place? Read More...

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IFRS in the US could be ‘Chinese water torture’
Accounting Standards

IFRS in the US could be ‘Chinese water torture’

12y Richard Crump , Writer

IFRS in the US could be ‘Chinese water torture’

IASB chairman Hans Hoogervorst is confident US regulators will ‘take a positive decision' to adopt IFRS Read More...

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Former Deloitte CEO takes IFRS Foundation role
People Business

Former Deloitte CEO takes IFRS Foundation role

12y Accountancy Age , Reporters

Former Deloitte CEO takes IFRS Foundation role

Deloitte US' senior partner James Quigley joins Foundation to work on adoption of a global accounting standard Read More...

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ABI wants cover for insurance accounting
Accounting Standards

ABI wants cover for insurance accounting

12y Accountancy Age

ABI wants cover for insurance accounting

With insurance accounting up in the air, the ABI wants the right balance between consistency of application while avoiding the burden of new rules Rea...

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'Less revolutionary' UK accounting changes welcomed
Accounting Standards

'Less revolutionary' UK accounting changes welcomed

12y Kevin Reed , Writer

'Less revolutionary' UK accounting changes welcome...

ASB has listened during the consultation process on the future of UK accounting, say experts Read More...

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E&Y: UK finance executives unprepared for global accounting rules
Accounting Standards

E&Y: UK finance executives unprepared for global accounting rules

12y Nick Huber , Writer

E&Y: UK finance executives unprepared for glob...

UK finance department staff unprepared for 'big bang'in financial reporting Read More...

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Financial instruments accounting deadline eased
Accounting Standards

Financial instruments accounting deadline eased

12y Kevin Reed , Writer

Financial instruments accounting deadline eased

IFRS 9 mandatory date moves to 2015, from 2013 Read More...

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IASB and FASB propose netting workaround
Accounting Standards

IASB and FASB propose netting workaround

12y Kevin Reed , Writer

IASB and FASB propose netting workaround

Gap between US and international rules for netting of derivatives assets and liabilities prove too difficult to bridge Read More...

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Shipping accounts lack clarity
Accounting Standards

Shipping accounts lack clarity

12y Kevin Reed , Writer

Shipping accounts lack clarity

Third of the biggest shipping companies fail to produce publicly available accounts Read More...

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Local government IFRS adoption 'a significant challenge'
Audit

Local government IFRS adoption 'a significant challenge'

12y Rose Orlik

Local government IFRS adoption 'a significant chal...

Local government has coped well will the "significant challenge" of global accounting standards, watchdog concludes Read More...

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Michel Prada takes IASB governance chieftainship
Accounting Standards

Michel Prada takes IASB governance chieftainship

12y Rose Orlik

Michel Prada takes IASB governance chieftainship

Frenchman Michel Prada is the IASB's new trustee chairman, ending a 12-month hunt Read More...

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US considers 'modified incorporation' of IFRS
Accounting Standards

US considers 'modified incorporation' of IFRS

12y Rose Orlik

US considers 'modified incorporation' of IFRS

US standard setters urge keeping the name US GAAP but merging with IFRS where possible Read More...

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US decision on IFRS delayed 'for at least a few months'
Accounting Standards

US decision on IFRS delayed 'for at least a few months'

12y Rose Orlik

US decision on IFRS delayed 'for at least a few mo...

The US will miss its 2011 deadline to decide on switching to global accounting standards Read More...

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Global standard setter examines convergence agenda
Accounting Standards

Global standard setter examines convergence agenda

12y Rose Orlik

Global standard setter examines convergence agenda

IASB chairman Hans Hoogervorst tells Melbourne conference convergence should not be the only objective for global standard setters Read More...

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Standard setters strengthen links with global institute
Accounting Standards

Standard setters strengthen links with global institute

12y Rose Orlik

Standard setters strengthen links with global inst...

The IASB has signed a memorandum of understanding with cross-border institute the International Federation of Accountants Read More...

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