Новости

US authorities suspect S&P in giving ratings illegally

The American Ministry of Justice together with the Securities and Exchange Commission (SEC) is investigating activity of Standard & Poor’s. Associated Press informs that the rating agency is suspected in violating federal laws when it issued ratings earlier.

New GASB Analyst Guide to Governmental Financial Statements

Analysts seeking to better understand and navigate state and local governmental financial statements now have a new and updated resource to help them. The Governmental Accounting Standards Board (GASB) today published An Analysts’ Guide to Governmental Financial Statements, 2nd edition, a comprehensive, easy-to-understand primer for investment firms; rating agencies; institutional investors; mutual funds; bond agencies; and legislative, oversight and research organizations that need financial information about state and local government financial reports.

ESMA publishes a review of accounting treatment of Greek sovereign debt

The European Securities and Markets Authority (ESMA) has today published a Review of Greek Government Bonds accounting practices in the IFRS Financial Statements for the year ended 31 December 2011, which sets out the results of the review conducted by ESMA on accounting practices and disclosures regarding exposure to Greek government bonds.

IASB staff to develop guidance for micro-sized entities applying the IFRS for SMEs

The staff of the International Accounting Standards Board (IASB) is to develop guidance to help micro-sized entities apply the IFRS for Small and Medium-sized Entities (IFRS for SMEs).

IFRS Foundation reappoints members of the SME Implementation Group

The Trustees of the IFRS Foundation have reappointed the current members of the SME Implementation Group (SMEIG) for a further two-year term ending 30 June 2014.

IFRS Foundation Trustees publish Drafting Review of revisions to IFRS Foundation Constitution

The Trustees of the IFRS Foundation, responsible for the governance and oversight of the International Accounting Standards Board (IASB), have today published for public comment a drafting review of the IFRS Foundation Constitution.

Adverse scenario for banks in Russia possible – Moody’s

More news from Moody’s: the international rating agency has published its forecast for banks in Russia: if negative tendencies on financial markets persist, in less than a year and a half Russian banks will face a serious capital deficit. Simultaneously, Russia’s national currency (rouble) is going to devaluate by 30% and the country’s GDP will decrease by 5%.

Moody’s gives “negative” to Germany

The international rating agency Moody’s informed on changing its outlook for credit ratings of Germany, also of Netherlands and Luxemburg from “stable” to “negative”. The former “stable” rating remains for Finland.

Creeping environmental, social, and governance risks a threat to financial stability, says new report

Policy-makers and financiers seeking to bring equilibrium back to the markets should heed the thinking of financial sustainability advocates to stay clear of creeping environmental, social, and governance risks, according to a joint report by the UNEP Finance Initiative, the International Institute for Sustainable Development, and the Blended Capital Group.

IAESB releases clarified standard on Continuing professional development

IES 7 prescribes continuing professional development (CPD) for professional accountants to develop and maintain their professional competence so as to provide high-quality services to clients, employers, and other stakeholders.