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Basel Committee consults on bank audit guidance

  • Author: TA editorial
  • Published: 25 Mar 2013

The Basel Committee on Banking Supervision has launched a consultation on amended guidance of external audits of banks, to enhance existing papers.... read more

PCAOB to consider reorganisation of auditing standards

  • Author: TA editorial
  • Published: 22 Mar 2013

The US Public Company Accounting Oversight Board (PCAOB) is considering a proposal to reorganise its auditing standards.. read more

FRC culminates UK GAAP update with FRS 102

  • Author: Carlos Martin Tornero
  • Published: 15 Mar 2013

The UK Financial Reporting Council (FRC) has issued FRS 102 The Financial Reporting Standard Applicable in the UK and Republic of Ireland which.... read more

EFRAG consults on IAS 39 and IFRS 9 proposals

  • Author: The Accountant
  • Published: 11 Mar 2013

The European Financial Reporting Advisory Group (EFRAG) has launched a consultation on the back of the International Accounting Standards Board’s.... read more

FASB considers amending business segment report standard

  • Published: 8 Mar 2013

The US Financial Accounting Standards Board (FASB) is discussing a review of its business segment reporting standard in response to a.... read more

IASB consults on revised loan loss provisioning

  • Author: Jonathan Minter
  • Published: 7 Mar 2013

The International Accounting Standards Board (IASB) has issued a revised set of proposals for the impairment of financial instruments.. read more

IPSAS EU adoption not likely in current form: EC

  • Author: TA editorial
  • Published: 7 Mar 2013

The European Commission (EC) has warned there will be an issue with implementing International Public Sector Accounting Standards (IPSAS) across EU.... read more

IFRS 1 amendments embraced by EU law

  • Author: TA editorial
  • Published: 6 Mar 2013

The European Commission (EC) has passed regulations adopting the amendments to IFRS 1 Firs-time Adoption of International Financial Reporting.... read more

ICAEW supports adoption of audit quality standards in GCC

  • Author: TA editorial
  • Published: 6 Mar 2013

The Institute of Chartered Accountants in England and Wales (ICAEW) and the Gulf Cooperation Council Accounting and Auditing Organization (GCCAAO).... read more

GRI and IIRC sign agreement for deeper cooperation

  • Author: TA editorial
  • Published: 1 Mar 2013

The Global Reporting Initiative (GRI) and the International Integrated Reporting Council (IIRC) have signed an agreement that is to strengthen.... read more

Haddrill defends comply and explain principle

  • Author: Peter Johnstone
  • Published: 28 Feb 2013

The Financial Reporting Council’s (FRC) chief executive Stephen Haddrill has defended the current comply or explain system for audit tendering at.... read more

GRI to boost sustainability reporting in sub-Saharan Africa

  • Author: TA editorial
  • Published: 26 Feb 2013

The Global Reporting Initiative (GRI) has launched its Focal Point South Africa, a regional office located at the Johannesburg Stock Exchange and.... read more

Investors have mixed views on HSBC’s market risk disclosure changes

  • Author: TA editorial
  • Published: 25 Feb 2013

As part of the UK Financial Reporting Council’s Financial Reporting Lab (FRL) a group of investors reviewing the changes to risk disclosure.... read more

IFRS Foundation undergoes constitutional revision

  • Author: TA editorial
  • Published: 20 Feb 2013

The IFRS Foundation has issued an amended version of its constitution approved by the trustees at a meeting held in January.. read more

Darrel Scott appointed SMEIG chair

  • Author: TA editorial
  • Published: 15 Feb 2013

The International Financial Reporting Standards Foundation has appointed South African Darrel Scott as the chairman of the SME Implementation Group.... read more

FASB to simplify financial instruments accounting

  • Author: TA editorial
  • Published: 15 Feb 2013

The Financial Accounting Standards Board (FASB) has proposed to improve financial reporting by providing a comprehensive measurement framework for.... read more

European Parliament to vote on CSR policy recommendations

  • Author: TA editorial
  • Published: 7 Feb 2013

The European Parliament plans to vote on whether to implement policy recommendations made in two corporate and social responsibility (CSR) reports.. read more

IIRC and IASB sign MoU

  • Author: TA editorial
  • Published: 7 Feb 2013

The International Integrated Reporting Council (IIRC) and the International Accounting Standards Board (IASB) have signed an agreement to deepen.... read more

FASB amends standard on reporting reclassified amounts

  • Author: TA editorial
  • Published: 6 Feb 2013

The US Financial Standards Accounting Board (FASB) has issued an amendment to the standard on comprehensive income covering reporting of amounts.... read more

FRC consults on auditor discloser requirements

  • Author: TA editorial
  • Published: 4 Feb 2013

The UK Financial Reporting Council (FRC) has launched a consultation on the disclosures within the auditor’s report.. read more

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