FRC launches credit crisis advisory group
The UK Financial Reporting Council (FRC) has created a new senior advisory group to investigate lessons from the credit crisis…
Month: July 2010
Canada proposes IFRS delay for some entities
The Canadian Accounting Standards Board (AcSB) has proposed a two year delay in IFRS implementation for entities with rate-regulated activities.…
Insurance ED to enhance comparability
The International Accounting Standards Board’s (IASB) draft IFRS for insurance contracts will result in one of the biggest challenges to…
PCAOB considers risk assessment and SOX issues
The US Public Company Accounting Oversight Board (PCAOB) is considering adopting auditing standards on auditors’ risk assessment. The standards would…
The sinking of a standard setter
Europe’s largest economy could be without a national accounting standard setter in six months’ time. Carolyn Canham finds that problems…
Constituents call for impairment overhaul
Proposals from the International Accounting Standards Board to update accounting for the impairment of financial instruments have attracted close to…
Research: Transparency trends identified
A report on voluntary and mandatory approaches to sustainability reporting has identified three global trends. KPMG’s Wim Bartels speaks with…
Mexico survey: Growing pains
Mexico’s accounting profession has been hit with the news that a tax service that has provided stable revenue for 20…