UK report: On the cusp of change
The UK accounting bodies have been supporting their members through tough economic conditions for another year and at a pivotal…
Month: October 2011
Center for Audit Quality elects new board members
The Center for Audit Quality (CAQ) has elected PwC US chairman Robert Moritz as its new governing board chair. He…
Hoogervorst backs Latin America standard-setters body
The International Accounting Standards Board (IASB) chairman Hans Hoogervorst has welcomed the work towards establishing the group of Latin American…
FASB proposes updates for investment accounting
The Financial Accounting Standards Board (FASB) has proposed an accounting standards update for investment property entities and a clarification of criteria…
Audit committee reports fail to meet expectations
The majority of audit committee reports fall short of best practice, according to a joint study by BDO UK and…
Columbia one step closer to IFRS
Columbian standards setter, Consejo Técnico de la Contaduría Pública de Colombia, has published a proposal paper on the timeline towards…
EC reviews accounting directives
The European Commission’s review of the 4th and 7th accounting directives has called for measures such as cutting red tape…
US and Hong Kong sign mutual agreement
The US International Qualifications Appraisal Board (IQAB) and the Hong Kong Institute of Certified Public Accountants have signed a five-year…