Новости

Structure of the Code of Ethics put to a review

The International Ethics Standards Board for Accountants (IESBA) launched new consultations last week aimed at a possible review of structure of the Code of Ethics for Professional Accountants™ (or simply “the Code”) in order to improve its value for users.

Trustees of IFRS Foundations plan first review for the ASAF

The IFRS Foundation published a questionnaire last Friday for global accounting standard setters so that they could express their view on composition of the Accounting Standards Advisory Forum (ASAF).

FEE commented on the IOSCO’s suggestions on non-GAAP measures

The Federation of European Accountants (Fédération des Experts-comptables Européens, FEE) presented its response to the recent proposals on non-GAAP measures by the International Organization of Securities Commissions (IOSCO) which it had presented in September. European experts suggested better coordination of actions with the International Accounting Standards Board.

GAAP-IFRS.COM Digest: 27-31 October

How close are Indian accounting standards to IFRSs? ESMA’s opinion

In February 2014 the European Commission mandated a research into Ind AS to be performed by the European Securities and Markets Authority (ESMA). The latter was expected to access how close the new accounting standards in India were to IFRSs, what was the situation with their practical application and enforcement.

KASB presents final report on rate regulation

The Korean Accounting Standards Board (KASB) presented a report with its views on how to account for rate-regulated assets and liabilities. In the report the Korean standard setter considered different ways of rate regulation: in South Korea (energy supply), Great Britain (electrical and gas supply), the USA (also electricity and gas) and Brazil (utilities).

ACCA in Russia presented its new diploma in taxation

Russia’s branch of the Association of Chartered Certified Accountants (ACCA) recently presented its new Russian diploma on taxation – DipTRF (“The Diploma on Taxation in the Russian Federation”) which is dedicated solely to all main specifics of the Russian systems of taxation, at the same time remaining a world-class certification if quality is considered.

IFRS Foundation and the Monitoring Board updated their MoU

The IFRS Foundation and the Monitoring Board agreed to adopt amendments to their Memorandum of Understanding, technically reflecting increase in the Board’s membership.

Simplification of US GAAP sometimes leads to greater convergence with IFRSs

Certain simplifications which have been proposed by the US Financial Accounting Standards Board may partially eliminate differences in international and American accounting standards – claim analysts of Bloomberg BNA upon consideration of results of their analysis.

ASAF held its joint meeting in September

The latest meeting of the Accounting Standards Advisory Forum (ASAF) took place in September 25-26, but only today the International Accounting Standards Board shared the details with the general public.