Новости

Eurostat sets out potential next steps for EU accounting standards

A leading Eurostat official has outlined how the project to adopt European Union accounting rules based on International Public Sector Accounting Standards could move forward.

IASB issues Request for Information on rate regulation

The International Accounting Standards Board (IASB) has today issued a Request for Information as an early step in its reactivated rate-regulated activities research project. The objective of the Request for Information is to identify a range of rate-regulatory schemes to help determine the scope of the research project. The deadline for responses is 30 May 2013.

Russian auditors will be forced to inform on suspicious transactions

A draft law has been prepared by Russia’s government to oblige auditors to inform the Federal Financial Monitoring Service (“Rosfinmonitoring”) on suspicious transactions of their clients.

BRICS counties weren’t able to agree upon the “development bank”

BRICS counties (Brazil, Russia, India, China, and South Africa) weren’t able to reach an agreement upon creation of a new “development bank”. This question was one of the key ones during the latest summit in South Africa which opened yesterday.

CB of Russia drawing a “blacklist” of fly-by-night companies

The banking regulator of Russia obliged banks to pay more attention to whether companies they serve are fly-by-night companies or not.

Bills chipping away at Dodd-Frank hop one hurdle, next vote April 11

Some of the most extensive changes yet to the Dodd-Frank Act moved a step closer to reality with the House Agriculture Committee's approval last week of seven legislative proposals to amend its Title VII derivatives rules.

Companies lagging on business model reporting; background paper released to tackle the issue

Investors and other stakeholders want to know what makes companies tick; at the same time, regulators are increasingly requiring companies to report clearly on their business models. In response, the Chartered Institute of Management Accountants (CIMA), the International Federation of Accountants (IFAC), and PwC, at the request of the International Integrated Reporting Council (IIRC), today released a background paper, Business Model, which highlights the business model as being at the heart of integrated reporting.

Management companies in Ukraine will be allowed to provide consulting services

Traders of financial securities in Ukraine will be able to provide consulting services to their clients and do that absolutely legally. Today companies have a right to consult their clients only on one aspect – opening an deposit account in financial securities. Other services have to be provided in the name of subsidiary companies or "unofficially".

The Unified certification commission of Russia has published results for last year’s certification exams

Unified certification commission of Russia has published a summary of typical mistakes made by practicing auditors and contenders during certification exams in the IV quarter of 2012.

FASB gives more detail on expected credit loss proposal

FASB is providing additional explanation of a proposal in one of its most challenging projects. A 16-page FAQ document posted on FASB’s website Monday is designed to educate those interested in the standard the board is developing on expected credit losses in its financial instruments project.