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Latest News - Regulation

IFRS Interpretations Committee appoints chair

  • Author: Isobel Greenlees
  • Published: 28 Jul 2011

The trustees of the IFRS Foundation, the oversight body of the International Accounting Standards Board (IASB), have named Upton as the successor.... read more

IFRS signed into Nigerian law

  • Author: TA editorial
  • Published: 25 Jul 2011

Nigera has signed an agreement to being the process of adopting IFRS.Now Nigerian President Goodluck Jonathan has signed the Financial Reporting.... read more

FRC advocates for "comply or explain" principle

  • Author: TA editorial
  • Published: 25 Jul 2011

In a submission to the European Commission the Financial Reporting Council (FRC) claimed the principle of comply or explain plays a vital part in.... read more

US audit regulators push for bilateral agreement with China

  • Author: Sara Perria
  • Published: 7 Jul 2011

US regulators are to meet Chinese authorities to discuss cross-border audit oversight in a push towards a bilateral agreement.. read more

Hoogervorst optimistic US will adopt IFRS

  • Author: IAB editorial
  • Published: 6 Jul 2011

The new chairman of the International Accounting Standards Board (IASB) Hans Hoogervorst is optimistic the US Securities and Exchange Commission.... read more

PwC partner calls for support in Russian IFRS transition

  • Author: TA editorial
  • Published: 23 Jun 2011

PwC Russia accounting consulting services partner Galina Ryltsova has called on the Russian government to provide more clarity to help the country.... read more

PCAOB considers mandatory audit firm rotation

  • Author: TA editorial
  • Published: 3 Jun 2011

Considering the disturbing lack of scepticism we continue to see, and because of the fundamental importance of independence to the performance of.... read more

SEC examines IFRS adoption

  • Author: TA editorial
  • Published: 26 May 2011

The Securities and Exchange Commission (SEC) is investigating the adoption of IFRS in the US, and will publish three papers to outline its findings.... read more

IFAC CEO calls for transparency in government reporting

  • Author: TA editorial
  • Published: 23 May 2011

Investors in government institutions do not get the highest quality financial reports and government reports lack transparency, the International.... read more

FRC to boost EU-wide influence

  • Author: TA editorial
  • Published: 11 May 2011

The UK Financial Reporting Council (FRC) wants to increase its influence on policy-making and standard-setting at European level.. read more

FEE appoints deputy chief executive

  • Author: TA editorial
  • Published: 11 May 2011

The Federation of European Accountants (FEE) has appointed Hilde Blomme as deputy chief executive.. read more

FRC consults on gender diversity

  • Author: TA editorial
  • Published: 5 May 2011

The UK Corporate Governance Code could be changed to include gender diversity policy in all annual reports, following a consultation issued by the.... read more

IASB and FASB to assess Shariah compliant leases

  • Author: TA editorial
  • Published: 28 Apr 2011

The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) will examine Shariah compliant leases to.... read more

Mid-size companies to comply with SOX 404: SEC

  • Author: TA editorial
  • Published: 27 Apr 2011

Medium-size public companies should not be exempt from Section 404(b) of the Sarbanes-Oxley Act (SOX) as benefits to investors outweigh costs,.... read more

Assessing the Lords recommendations

  • Author: TA editorial
  • Published: 26 Apr 2011

Robust regulatory changes are necessary to create a fairer and more transparent audit market, according to recommendations by the UK House of Lords.... read more

SEC to hold IFRS roundtable

  • Author: TA editorial
  • Published: 21 Apr 2011

The Securities and Exchange Commission (SEC) plans to hold a roundtable to discuss the benefits and challenges of adopting IFRS. The event, which.... read more

Fee pressure affects audit quality say auditors

  • Author: TA editorial
  • Published: 18 Apr 2011

Increasing fee pressure in some countries has negatively impacted on audit quality, according to members of the International Forum of Independent.... read more

Cyprus must set up public oversight system: EC

  • Author: TA editorial
  • Published: 8 Apr 2011

European member states are required under EU laws on auditing to set up a public oversight system for statutory auditors and audit firms under.... read more

ICAEW warns against IFRS Foundation proposals

  • Author: TA editorial
  • Published: 8 Apr 2011

The Institute of Chartered Accounts in England and Wales (ICAEW) has warned that proposed changes to IFRS Foundation governance structure could.... read more

PCAOB strikes inspection deal with Swiss

  • Author: TA editorial
  • Published: 7 Apr 2011

The US Public Company Accounting Oversight Board (PCAOB) has entered an agreement with Swiss authorities that will allow it to commence joint.... read more

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