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Latest News - Regulation

Report calls for more co-operation

  • Author: TA editorial
  • Published: 25 Mar 2009

A high-level UK report has called for closer co-operation between financial regulators, banks and auditors in examining the published accounts and.... read more

Independent oversight reveals faults

  • Author: Nicola Maher
  • Published: 2 Mar 2009

Independent oversight of German audit firms has revealed shortcomings in the traditional peer review system.. read more

Probe into Anglo Irish collapse

  • Author: TA editorial
  • Published: 2 Mar 2009

Former Ireland Comptroller and Auditor General John Purcell has been appointed as a special investigator to examine the accounting professions.... read more

EC calls for more trust from the US

  • Author: TA editorial
  • Published: 2 Mar 2009

The EC has put on hold plans to co-operate with Japanese, Canadian and US audit oversight bodies until the US shows more trust in its European.... read more

Audit profession turns spotlight firmly on goodwill valuation

  • Author: Arvind Hickman
  • Published: 28 Jan 2009

Auditors are facing greater scrutiny over the valuation of goodwill as the incidence of goodwill impairment charges escalates in the UK.. read more

SEC study says improve, not suspend, fair value

  • Author: TA editorial
  • Published: 28 Jan 2009

The US Securities and Exchange Commission (SEC) has recommended against the suspension of fair value accounting standards in a report to US.... read more

News briefs

  • Author: TA editorial
  • Published: 15 Dec 2008

The International Auditing and Assurance Standards Board (IASB ) will not fully complete its Clarity Project in 2008, despite releasing another.... read more

PCAOB releases inspection review

  • Author: TA editorial
  • Published: 15 Dec 2008

The Public Company Accounting Oversight Board (PCAOB) has released a report reviewing the first four years of inspections of the nations eight.... read more

International oversight body starts part two of constitutional review

  • Author: TA editorial
  • Published: 15 Dec 2008

The due process followed by the International Accounting Standards Board (IASB) is one item the board's oversight body is seeking feedback on in.... read more

Conference hears of hope for regulatory convergence

  • Author: Carolyn Canham
  • Published: 15 Dec 2008

The current financial crisis is likely to lead to more short-term divergence in audit regulation, but there is room for long-term optimism for.... read more

IASB feature: Trial by fire

  • Author: Carolyn Canham
  • Published: 15 Dec 2008

The final few months of 2008 have seen the IASB thrust into the spotlight as the strength of IFRS has been tested by the financial crisis However,.... read more

IASC insists no conflict for Zalm over ABN AMRO bank job

  • Author: Nicholas Moody
  • Published: 15 Dec 2008

The International Accounting Standards Committee Foundation (IASC) has denied its chairman of trustees has a conflict of interest after being.... read more

EU institutes move closer to standardising qualifications

  • Author: Melanie White
  • Published: 15 Dec 2008

Nine European accounting institutes have taken a step closer to standardising professional qualifications across the continent. The harmonisation.... read more

Research: IFRS for private entities

  • Author: TA editorial
  • Published: 15 Dec 2008

CANADA: Local standards are used for financial reporting in Canada and SMEs may apply options under differential reporting... UGANDA: Uganda has.... read more

The public battle over private entities

  • Author: TA editorial
  • Published: 15 Dec 2008

The combat lines between supporters and opponents of the IFRS for Private Entities have been well defined for some time simplified standards are.... read more

Britain facing skills shortage

  • Author: Nicola Maher
  • Published: 15 Dec 2008

Despite recent job cuts across many sectors, the accounting industry is likely to face a skills shortage in coming years, according to a report.... read more

Cambodia in urgent race ahead of stock exchange opening

  • Author: John Boxsell
  • Published: 15 Nov 2008

In the lead-up to the 2009 opening of the Cambodian stock exchange, the small southeast Asian nation is desperately in need of audit regulation and.... read more

IASB commits to due process

  • Author: Carolyn Canham
  • Published: 15 Nov 2008

The International Accounting Standards Board (IASB) will not make further changes to IFRS without completing proper due process, according to board.... read more

The clash over fair value accounting

  • Author: Nicholas Moody and Melanie White
  • Published: 15 Nov 2008

The US Securities and Exchange Commission (SEC) held two round tables this month to gather input for a study on mark-to-market accounting, which.... read more

Research: Financial leaders question IFRS value

  • Author: Carolyn Canham
  • Published: 15 Nov 2008

Academics from Oxford University in the UK and Duke University in the US have teamed up for what they say is the first major survey about corporate.... read more


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