Новости

FRC consults on actuarial assumptions used in pension scheme projections

The FRC and FSA have published a joint consultation paper today which sets out proposals to change the assumptions used in projections of the returns from financial products including pensions.

Europe may form a banking union to save euro

The Eurozone should take the path of creation of a “banking union” and consider the possibility of direct recapitalization of banks with the European Stability Mechanism (ESM). The European Commission calls for that in the document on European economic policy that was published yesterday.

“Russia not worthy BRIC and G8” – Roubini and Bremmer

Russia no longer corresponds to the status of a dynamically developing economy to remain in BRIC – the idea was expressed by the president of the Eurasia Group Ian Bremmer and head of Roubini Global Economics Nouriel Roubini in the article published in Financial Times. Russia’s membership in the “club” brings no positive results – they think.

Financial Accounting Foundation issues final report on Private Company Council

The Financial Accounting Foundation (FAF) today issued its final report on the Establishment of the Private Company Council (PCC), a new body to improve the process of setting accounting standards for private companies. The final report follows the vote on May 23, 2012, by the FAF Trustees to establish the PCC.

APB consults on revisions to auditing standards addressing the use of internal audit

The Auditing Practices Board (APB) of the Financial Reporting Council (FRC) today issues a consultation on proposed revisions to International Standards on Auditing (ISAs) (UK and Ireland) addressing the use of internal audit to adopt changes to the corresponding ISAs issued by the International Auditing and Assurance Standards Board (IAASB).

FASB and IASB narrow lessee accounting model options

FASB and the International Accounting Standards Board (IASB) have narrowed their focus in anticipation of a vote next month on a lessee accounting model in their joint convergence project on leases.

US SEC report on IFRS due “within weeks”

United States Securities Exchange Commission Commissioner Elisse B. Walter has recently given a speech announcing that the "staff expects to publish its final report under the Work Plan in a matter of weeks", after which the SEC will "consider the next steps" on the question of the possible adoption of IFRS in the United States.

VKontakte IPO postponed

Owners of the largest social network in Russia – VKontakte – are deeply disappointed by results of Facebook’s IPO and decided to postpone their initial public offering indefinitely. On that informed in Twitter Pavel Durov, founder of the most popular social network in Russia.

New Zealand regulator seeks comments on non-GAAP financial information

The New Zealand Financial Markets Authority (FMA) has issued a draft guidance note on the disclosure of non-GAAP financial information. The guidance note sets out the FMA's expectations on the use of financial information in corporate documents, such as transaction documents and market announcements, and is largely based on equivalent guidance recently issued in Australia.

Europeans don’t like euro, but they are not ready to get back to their national currencies

The crisis that rages in Europe 10 years after creation of euro dictates ambiguous attitude of Europeans towards Euro. A survey amount 5 Eurozone countries (including Greece) discovered that people here do not see euro as a positive factor for their economies. They are, however, not ready to get back to their former currencies.