Новости

PCAOB proposes to amend rules and forms related to auditors of brokers and dealers

The Public Company Accounting Oversight Board today proposed amendments to its rules and forms to apply them to auditors of brokers and dealers registered with the Securities and Exchange Commission, as authorized by the Dodd-Frank Act.

PCAOB proposes auditing standard on related parties, also proposes amendments related to significant unusual transactions

The Public Company Accounting Oversight Board today issued for public comment a proposed auditing standard, Related Parties. The proposed standard would improve the auditor's evaluation of a public company's identification of, accounting for, and disclosure about its relationships and transactions with related parties.

Russian Eurobonds to be allowed on MICEX-RTS

The largest united stock exchange of Russia MICEX-RTS is preparing another project to allow trading with Russian Eurobonds. The new product is supposed to find interest of national institutional investors like management companies and non-government pension funds.

“Big Four” vs. Chinese financial regulators

Global audit companies - KPMG, Deloitte Touche Tohmatsu, Ernst & Young and PricewaterhouseCoopers – are negotiating with China’s regulators which are planning a radical audit reform. Their task is to dissuade the Chinese party from making the reform “too radical”.

EFRAG and the Italian Standard Setter OIC outreach event on Proactive Discussion Papers

EFRAG and the Italian Standard Setter OIC - Organismo Italiano di Contabilita’ - organise their joint outreach event on the discussion papers “Business Combination Under Common Control” and “Improving Financial Reporting Of Income Tax” on 15 March in Milan from 2 pm till 6 pm.

IAASB Staff Issues Q&A Document on Professional Skepticism

The staff of the International Auditing and Assurance Standards Board (IAASB) today released Professional Skepticism in an Audit of Financial Statements, a new question-and-answer (Q&A) publication that re-emphasizes to auditors the importance of an attitude of professional skepticism when performing their role.

Greece receives “SD” from S&P

The international credit rating agency Standard & Poor’s downgraded Greece’s rating to “selective default” (SD) this Monday, following the announcement on commencement of the debt restructuring process.

European regulators want to restrict activity of credit rating agencies

The European Parliament is discussing a draft law with which the European governance will be able to prohibit publication of counties’ sovereign ratings by CRAs. This will help to prevent panic on financial markets.

Russian financial regulators plan to increase tax burden for businesses

The government of Russia is in the process of active discussion of the tax reform.

IESBA Proposes Changes to Code of Ethics Definition of Engagement Team

The International Ethics Standards Board for Accountants (IESBA) today released for public exposure proposed changes to the definition of “engagement team” in the IESBA Code of Ethics for Professional Accountants (the Code).