BOE: IASB and FASB need to agree on UK banks’ buffers
Transition to an international accounting regime characterised by forward-looking provisions on bank’s losses needs to be speeded up, the Bank…
Month: November 2012
IASB issues IFRS 9 changes
The International Accounting Standards Board (IASB) has published proposals for limited changes and measurement requirements for financial instruments under IFRS…
PCAOB approves 2013 budget and four year plan
The Public Company Accounting Oversight Board (PCAOB) has approved its 2013 fiscal-year budget and its 2012-2016 strategic plan. At $245.6m,…
IASB publishes IFRS Taxonomy 2012 interim release
The IFRS Foundation has published the IFRS Taxonomy 2012 interim release for investment entities. The IFRS Taxonomy 2012 is a…
KPMG, ACCA: Islamic finance reporting needs improvement
After bringing together their experts in Islamic finance, KPMG and the Association of Chartered Certified Accountants (ACCA) have published a…
FASB proposes update to clarify offsetting disclosures
The Financial Accounting Standards Board (FASB) has proposed an accounting standards update to clarify the scope of transactions subject to…
CPA Australia and CIMA renew agreement
The Institute of Certified Public Accountants of Australia (CPA Australia) and the Chartered Institute of Management Accountants (CIMA) have renewed…
Mary Schapiro to step down as SEC chairman
Mary Schapiro will step down as chairman of the US Securities and Exchange Commission (SEC) on 14 December, after nearly…