Новости

IFRS Foundation commented on the Maystadt's report

In its comments the IFRS Foundation admits that each jurisdiction should decide for itself how to better organize development of standards. At the same time international developers are mostly worried by possible transformation of the European Financial Reporting Advisory Group (EFRAG).

Minfin to present new anti-offshore pack in the first half of 2013

According to information by the Minfin’s deputy chairman Anton Siluanov, in the first half of 2014 the ministry plans to present two draft laws aimed against offshore practices.

New Corruption Perceptions Index 2013 published by Transparency International

Spain, Libya and Iraq are example of relatively few countries which have lost their positions in the Transparency International’s Corruption Perceptions Index 2013 as compared to its last year’s version.

IIRC publishes <IR> Framework

The International Integrated Reporting Council (IIRC) today published a document which is an important milestone of its work – The International <IR> Framework which is bound to have high importance for future of integrated accountancy.

GAAP-IFRS.COM Digest: 2-6 December

Engagement partners will have to disclose their names

PCAOB representatives commented on results of the recent meeting which took place this Wednesday. Jessica Watts told that although initially names of engagement partners being disclosed in audit reports won’t tell much to investors, in time they will acquire a whole history.

Europe agreed upon funding of IFRS Foundation, PIOB, and EFRAG

A tripartite agreement has been reached between the European Parliament, the European Council, and the European Commission concerning their joint funding of the European Financial Reporting Advisory Group (EFRAG), the IFRS Foundation, and the Public Interest Oversight Board (PIOB).

IVSC proposed a new guidance for evaluation of own credit risk

This week the International Valuation Standards Council (IVSC) published new draft guidance for determination of fair value as part of IFRS 13. The guidance mostly deals with measurement of own credit risk and counterparty credit risk in the process of determination of fair value of financial assets and liabilities.

Deposit insurance payments of Russian banks will depend on their risks

Deputy chairman of the Ministry of Finance Alexei Moiseev proposed this week to make obligatory deductions of Russian banks to deposit insurance funds dependent on bank risks.

Russian financial ombudsman will be formed either within the CB or the DIA

According to the deputy minister of finance Alexei Moiseev, they plan to officially – we’d like to emphasize this important moment, this time officially, not like today - create a new institute of financial ombudsman, and it will function under auspices of either the Central Bank, or the Deposit Insurance Agency.