Новости

SEC Commissioner backs IFRS adoption, discusses possible “opt out” for issuers

United States Securities Exchange Commission (SEC) Commissioner Kathleen L. Casey has supported the adoption of IFRS in the United States in a recent speech. Ms Casey also discussed the possibility of an «opt out» for issuers, perhaps on a permanent basis.

RTS and MICEX sign final merger agreement

Russian stock exchanges MICEX (Moscow Interbank Currency Exchange) and RTS (Russian Trading Systems) signed final agreements which legally oblige them to merge. This took place today at 2 p.m. in Mocsow.

XBRL will be used for «green» accountancy

Deloitte and Global Reporting Initiative announced their joint initiative to create «Taxonomy» for electronic sustainability accountancy.

UK ASB tentatively revises forthcoming differential reporting framework

As part of its ongoing redeliberations, the UK Accounting Standards Board (ASB) has tentatively agreed to a number of amendments to its proposed revised differential reporting framework, to reduce its impacts on certain entities and extend its proposed application date.

MASB exposes IFRS-compliant standards

In August 2008, the Malaysian Accounting Standards Board (MASB) together with its trustees, the Financial Reporting Foundation, jointly issued a statement about their plans to converge with International Financial Reporting Standards (IFRS) in 2012 for entities other than private entities (hereinafter referred to as «non-private entity»). Convergence with IFRS, besides facilitating comparability and increasing transparency of businesses, will provide Malaysian companies and our capital market the recognition they deserve as they operate in an increasingly global environment.

Eurozone may collapse in 2 years – experts

The eurozone may seize to exist by 2013 because readiness of its members states to provide financial support to their neighbors is becoming weaker and weaker – think experts in the Centre for Economics and Business Research (CEBR).

Taxation regimes in the oil and gas industry are changing – E&Y

For the last year governments of different countries have introduced remarkable changes to their tax regimes for the oil and gas industry. The evidence is shown by Ernst & Young’s latest review of international taxation regimes in the oil and gas industry 2001 (Global Oil and Gas Guide 2011). The review contains description for tax regimes applied for oil and gas companies in 61 countries.

Insurers fear volatility of IFRS “black hole”

Insurers have met to discuss fears surrounding the possible impact of phase II of International Financial Reporting Standards, saying the move “would introduce very significant but really meaningless volatility”.

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 five 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.

New Publication from ISACA and IFAC Helps Organizations Maximize the Value of XBRL

ISACA and the International Federation of Accountants (IFAC)’s Professional Accountants in Business (PAIB) Committee have jointly developed a paper “Leveraging XBRL for Value in Organizations” to provide guidance on how to leverage the value of eXtensible Business Reporting Language (XBRL) through effective implementation.