US regulators play hardball, China plays hard to get
Audit

US regulators play hardball, China plays hard to get

12y Idris Nagri

US regulators play hardball, China plays hard to g...

China has backtracked on moves towards joint audit oversight and the US looks increasingly belligerent Read More...

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Convergence timetable quietly put to bed
Business Regulation

Convergence timetable quietly put to bed

12y Idris Nagri

Convergence timetable quietly put to bed

IFRS convergence this year seems so unlikely that experts have stopped pretending it will happen Read More...

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SEC's Deloitte subpoena attacked by US court
Audit

SEC's Deloitte subpoena attacked by US court

13y Idris Nagri

SEC's Deloitte subpoena attacked by US court

The SEC must show precedent for bypassing the Hague Convention in its subpoena of Deloitte China, a judge has ruled Read More...

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SEC subpoenas Deloitte Shanghai after client fraud
Audit

SEC subpoenas Deloitte Shanghai after client fraud

13y Idris Nagri

SEC subpoenas Deloitte Shanghai after client fraud

US regulator the SEC has called Deloitte Shanghai to court after it refused to give up audit documents pertaining to client fraud Read More...

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ICAEW: 'Big Bang' IFRS adoption best for US
Accounting Standards

ICAEW: 'Big Bang' IFRS adoption best for US

13y Idris Nagri

ICAEW: 'Big Bang' IFRS adoption best for US

ICAEW insists simultaneous transition is best for major US companies adopting IFRS Read More...

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ICAEW helps US focus on global standards
Accounting Standards

ICAEW helps US focus on global standards

13y Idris Nagri

ICAEW helps US focus on global standards

The ICAEW is focusing on IFRS, chairing a debate of the future of the standards in the US and hosting a webinar for UK local authorities Read More...

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US regulator courts China with joint inspections
Business Regulation

US regulator courts China with joint inspections

13y Idris Nagri

US regulator courts China with joint inspections

US regulators are courting China with calls for joint audit inspections, PCAOB chairman James Doty has revealed Read More...

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Attention turns to News Corp tax affairs
Company News

Attention turns to News Corp tax affairs

13y Kevin Reed , Writer

Attention turns to News Corp tax affairs

News Corp's effective tax rate below US corporate tax rate Read More...

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IASB optimism buoys annual report
Accounting Standards

IASB optimism buoys annual report

13y Idris Nagri

IASB optimism buoys annual report

The IASB's annual report shows optimism and hopes for better days once the rush to US convergence is over Read More...

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SEC de-clawed by China state secrets law
Accounting Firms

SEC de-clawed by China state secrets law

13y Idris Nagri

SEC de-clawed by China state secrets law

Investor protection and the SEC fell flat in the face of Chinese state secret laws, making it hard to crack down on US-listed companies with questiona...

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IFRS championed by SEC commissioner
Accounting Standards

IFRS championed by SEC commissioner

13y Idris Nagri

IFRS championed by SEC commissioner

Support shown in address to Society of Corporate Secretaries and Governance Professionals Read More...

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US SEC roundtable to examine international reporting standards
Accounting Standards

US SEC roundtable to examine international reporting standards

13y Idris Nagri

US SEC roundtable to examine international reporti...

Investors, small public companies and regulators to discuss IFRS Read More...

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US regulator may strengthen broker-dealer audit
Audit

US regulator may strengthen broker-dealer audit

13y Idris Nagri

US regulator may strengthen broker-dealer audit

The US Securities and Exchange Commission is considering stronger audit requirements for broker-dealers Read More...

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SEC staff paper gives clues to convergence
Accounting Standards

SEC staff paper gives clues to convergence

13y Idris Nagri

SEC staff paper gives clues to convergence

An SEC staff paper on convergence was well received by IFRS lovers who say it is a positive signpost Read More...

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SEC: Reverse mergers risk dodgy accounting
Accounting Firms

SEC: Reverse mergers risk dodgy accounting

13y Idris Nagri

SEC: Reverse mergers risk dodgy accounting

Spate of scandals involving reverse mergers by China-based companies has prompts SEC to issue warning Read More...

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US regulator prepared to end Barclays' Protium deal
Corporate Finance

US regulator prepared to end Barclays' Protium deal

13y Idris Nagri

US regulator prepared to end Barclays' Protium dea...

The US regulator found Barclays' Protium deal "inappropriate", after the bank admitted a more pressing motivation behind its strategy Read More...

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US consults on international accounting standards
Accounting Standards

US consults on international accounting standards

13y Idris Nagri

US consults on international accounting standards

US regulators, investors and smaller public companies will come together in July to discuss possible adoption of IFRS Read More...

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US probes accountants' role in preventing financial crisis
Accounting Standards

US probes accountants' role in preventing financial crisis

13y Idris Nagri

US probes accountants' role in preventing financia...

A US inquiry into the role of the accounting profession in preventing another financial crisis opened yesterday, and the body heard from state regulat...

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IFRS doesn't fit with XBRL technology, says US watchdog
Accounting Standards

IFRS doesn't fit with XBRL technology, says US watchdog

13y Idris Nagri

IFRS doesn't fit with XBRL technology, says US wat...

SEC deputy chief accountant Mike Starr is concerned IFRS is too limited for new technology to standardise finance reports Read More...

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US regulator investigates audit shortcomings
Audit

US regulator investigates audit shortcomings

13y Idris Nagri

US regulator investigates audit shortcomings

PCAOB chairman Doty: body to examine audit failings in run-up to financial crisis Read More...

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Three new members join US audit regulator
Audit

Three new members join US audit regulator

13y Kevin Reed , Writer

Three new members join US audit regulator

PCAOB boosts membership, including new chairman Read More...

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SEC charges Deloitte US partner and wife with insider trading
Corporate Governance

SEC charges Deloitte US partner and wife with insider trading

13y Kevin Reed , Writer

SEC charges Deloitte US partner and wife with insi...

Deloitte's Arnold McClellan and wife charged with insider trading. His wife's sister and brother-in-law in the UK charged by the FSA after they receei...

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US tests standard setter's independence
Accounting Standards

US tests standard setter's independence

14y Idris Nagri

US tests standard setter's independence

Securities and Exchange Commission publishes work plan for assessing its decision to accept IFRS and the IASB Read More...

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Tweedie says last chance for global accounting
Accounting Standards

Tweedie says last chance for global accounting

14y Idris Nagri

Tweedie says last chance for global accounting

IASB chairman reveals urgency of committing to international accounting standards Read More...

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Standards chairman must be part-politician
Accounting Standards

Standards chairman must be part-politician

14y Idris Nagri

Standards chairman must be part-politician

"The final decision gives a blend of political and policy making experience" trustee head Tommaso Padoa-Schioppa tells Accountancy Age Read More...

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ICAEW: US standards proposal complicates convergence
Accounting Standards

ICAEW: US standards proposal complicates convergence

14y Kevin Reed , Writer

ICAEW: US standards proposal complicates convergen...

Institute takes a pop at the US standards setter's proposal for fair value accounting Read More...

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IFRS Foundation boosts SME group
Corporate Tax

IFRS Foundation boosts SME group

14y Idris Nagri

IFRS Foundation boosts SME group

The IFRS foundation has recruited Keith Peterka to its newly created SMEs implementation group Read More...

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