Новости

IASB publishes proposals for amendments under its annual improvements project

The International Accounting Standards Board (IASB) today published for public comment an exposure draft of proposed amendments to eleven International Financial Reporting Standards (IFRSs) under its annual improvements project. The project provides a streamlined process for dealing efficiently with a collection of narrow scope amendments to IFRSs.

Ukraine creating its Central Depository

The process of creation of the Central Depository in Ukraine has been commenced: the National Depository of Ukraine (NDU) is merging with the All-Ukraine Depository of financial securities (AUDFS). The process may be finished before the summer’s end.

Sberbank demands punishment for the latest failure at MICEX-RTS

Sberbank’s governance thinks that the stock exchange should compensate losses of its clients which were incurred as a result of the latest failure which took place this Monday. Compensation was provided in December under similar circumstances, but not to everyone.

Gazprom chose the same auditor

Gazprom’s tender held to choose a company for external audit of its annual accountancy for 2012 is over. The winner is PwC (Russia), just like one year before, and one year before that.

FASB and IASB make progress on insurance project

FASB and the International Accounting Standards Board (IASB) reached tentative decisions on reinsurance and issues related to policy loans and contract modifications, including riders, in their ongoing, joint convergence project on insurance.

Final standards in convergence projects expected by mid-2013

FASB and the International Accounting Standards Board (IASB) expect to issue final, joint standards in their major convergence projects by mid-2013, according to a report to the Financial Stability Board (FSB) Plenary on Accounting Convergence posted Monday on the IASB website.

IASB and FASB offer clarification around expected loss attributes

The International Accounting Standards Board (IASB) has provided clarification around the attributes of an expected credit loss estimate used in accounting for financial instruments.

Former Accounting Board Chairs Urge SEC to Commit to IFRS

Robert Herz, the former chairman of the Financial Accounting Standards Board, and Sir David Tweedie, the former chairman of the International Accounting Standards Board, said Tuesday that the Securities and Exchange Commission needs to make a decision soon on committing to International Financial Reporting Standards, or other major countries could drop their support for IFRS.

Tweedie, Herz, Cherry to discuss financial reporting

Last spring, when he was chairman of the International Accounting Standards Board (IASB), Sir David Tweedie made a case for principles-based accounting standards.

New Cabinet of Ministers in Russia may review functions of the Central Bank

Current presidential aide Akrady Dvorkovich opposes the idea to review functions of the Bank of Russia, on which Russian billionaire Oleg Deripaska insists. Dvorkovich says that the main task of the banking regulator should remain control over inflation, not stimulation of the economic growth.