Новости

CIMA brand secure despite CGMA launch

The designation, CGMA, can now be used by current CIMA members and under certain criteria by members of the US institute AICPA.

IPSASB Publishes International Public Sector Conceptual Framework Consultation Paper For Comment

The International Public Sector Accounting Standards Board (IPSASB) today released for comment a consultation paper as part of its project to develop a conceptual framework for the general purpose financial reporting of public sector entities.

Companies won’t have to pay the tax on Eurobonds

The Ministry of Finance of the Russian Federation really scared largest banks and companies by its proposal to levy a 20% tax on Eurobonds. It is not back pedaling now, but at least it is trying to calm worried issuers down.

Financial regulators in Russia want to expose “too convenient” auditors

The Federal Service of Financial and Budgetary Oversight prepares a serious shakeup of the audit market in Russia: this year it is going to check 123 audit companies.

PwC claims E&Y “shadows” its Lloyds audit

PwC has claimed that a “shadow” team from Ernst & Young is looking to dislodge the firm as auditor of Lloyds Banking Group.

ASB issues revised proposals for the Future of Financial Reporting Standards in the UK & Republic of Ireland

The Accounting Standards Board (ASB) of the Financial Reporting Council has today published financial reporting exposure drafts (FREDs) 46 to 48 setting out revised proposals for the future of financial reporting in the UK and Republic of Ireland.

Revised revenue recognition proposals: what has changed?

The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) (collectively, the Boards) jointly released on 14 November 2011 a second exposure draft (ED), Revenue from Contracts with Customers. From this joint project will emerge a single revenue model which will be adopted by both International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (US GAAP) reporters when the proposed standard becomes effective.

IASB and FASB seek to reduce differences in classification and measurement models for financial instruments

The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) today agreed to work together to seek to reduce differences in their respective classification and measurement models for financial instruments.

Greece may arrange a 50% debt restructuring this weekend

It is possible for Greece’s government to reach an agreement with private creditors on partial debt restructuring this weekend. On that informed the European Commissioner for economic ad political affairs Olli Rehn on the World Economic Forum in Davos.

FSA allows ICAEW to accredit financial advisors; No merger for ICAEW/CIPFA

Retail financial advisors can be endorsed by the ICAEW, after the institute gained the approval of the Financial Services Authority (FSA)... There are no plans for a merger between the ICAEW and CIPFA, according to Michael Izza.