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Latest News - Regulation

Boards should set the right ‘tone at the top’: CIMA

  • Author: Carlos Martin Tornero
  • Published: 14 Nov 2013

Boards have a crucial role to play in setting the right ‘tone at the top’ if companies want to achieve long term sustainable success, the Chartered.... read more

IFRS-based Nikkei index to be launched in Japan

  • Author: TA editorial
  • Published: 7 Nov 2013

The Japan Exchange Group (JEG) and the media organisation Nikkei will create an index called JPX-Nikkei Index 400, whereby “adoption” or “scheduled.... read more

Errors in EU accounts persist

  • Author: Carlos Martin Tornero
  • Published: 5 Nov 2013

The European Court of Auditors (ECA) has signed off the European Union (EU) accounts for fiscal year 2012, but errors persisted in all main.... read more

UK parliament urges government to adopt natural capital accounting

  • Author: Vincent Huck
  • Published: 22 Oct 2013

The House of Commons has yesterday urged the government to embed the value of natural capital in the national accounts and policy making processes.... read more

Legal concerns over IFRS “misconceived”, UK BIS

  • Author: Carlos Martin Tornero
  • Published: 4 Oct 2013

The UK Department for Business, Innovation and Skills (BIS) has said concerns about the legality of IFRS raised by a group of investors are.... read more

Profession rides out the storm after Lehman Brothers

  • Author: IAB and TA editorial
  • Published: 19 Sep 2013

Five years on from that fateful 15 September 2008, Lehman Brothers’ collapse is seen as the ignition spark that unleashed the on-going effects of.... read more

Singapore tipped to become Asia’s Integrated Reporting hub

  • Author: Carlos Martin Tornero
  • Published: 19 Sep 2013

The Singapore Accountancy Commission (SAC) is determined to transform the country into the Integrated Reporting (IR) hub of South East Asia, The.... read more

Lehman Brothers, a wake-up call for the profession

  • Author: IAB and TA editorial
  • Published: 16 Sep 2013

Influential figures of the accounting industry have shared with The International Accounting Bulletin and The Accountant their views on how Lehman.... read more

There is no investment without risk, UK FRC chairman

  • Author: Carlos Martin Tornero
  • Published: 13 Sep 2013

The UK Financial Reporting Council (FRC) held its annual stakeholder meeting in London yesterday, in which chairman Baroness Hogg stressed the.... read more

UK BIS to implement reporting exceptions for micro-entities

  • Author: TA editorial
  • Published: 11 Sep 2013

The UK Department for Business, Innovation and Skills (BIS) is to implement the EU Directive 2012/6/EU, also known as Micros Directive, which.... read more

US GAAP taxonomy 2014 open for comment

  • Published: 2 Sep 2013

The US Financial Accounting Standards Board (FASB) has released for comment the proposed 2014 US GAAP financial reporting taxonomy.. read more

NZICA issues revised Code of Ethics

  • Author: TA editorial
  • Published: 28 Aug 2013

The New Zealand Institute of Chartered Accountants (NZICA) has issued a revised Code of Ethics and made amendments to its professional engagement.... read more

PCAOB finds “troubling” deficiencies in broker and dealer audits

  • Author: TA editorial
  • Published: 20 Aug 2013

The review by the US Public Company Accounting Oversight Board (PCAOB) of firms auditing brokers and dealers found deficiencies in the audits of.... read more

UK FRC could inspire South Africa’s accounting regulation

  • Author: Carlos Martin Tornero
  • Published: 12 Aug 2013

The regulation of South Africa’s accounting profession could follow the British model of the Financial Reporting Council (FRC), The Accountant has.... read more

German stock exchange joins IIRC’s pilot programme

  • Author: James Wood
  • Published: 8 Aug 2013

The International Integrated Reporting Council has added Deutsche Börse Group to its pilot programme business network, becoming the first stock.... read more

UK FRC adds to insurance accounting review

  • Author: Carlos Martin Tornero
  • Published: 30 Jul 2013

The UK Financial Reporting Council (FRC) has issued an update of the UK accounting standard for insurance contracts, FRS 103, which differs from.... read more

IIRC framework needs external assurance rules: BDO

  • Author: IAB and TA editorial
  • Published: 29 Jul 2013

In a supportive response to the international integrated reporting framework launched by the International Integrated Reporting Council (IIRC), BDO.... read more

ESMA to revise accounting enforcement standards

  • Author: TA editorial
  • Published: 22 Jul 2013

The European Securities and Markets Authority (ESMA) has launched a consultation to revise the standards on the enforcement of financial.... read more

UK parliament passes mandatory greenhouse gas reporting

  • Author: Jonathan Minter
  • Published: 18 Jul 2013

The UK parliament has passed amendments to the Companies Act 2006 that require all UK quoted companies to report greenhouse gas emissions in the.... read more

US Congress votes to ban mandatory audit rotation

  • Author: Jonathan Minter
  • Published: 9 Jul 2013

The US House of Congress has voted through H.R. 1564: The Audit Integrity and Job Protection Act, by 321 votes to 62.. read more


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