Новости

IFRS Foundation publishes proposed IFRS Taxonomy 2011

The IFRS Foundation today published for public comment an exposure draft of the IFRS Taxonomy 2011. The proposed taxonomy is consistent with IFRSs (International Financial Reporting Standards), including IASs (International Accounting Standards) and the IFRS for SMEs (Small and Medium-sized Entities).

Ukrainian business entities entitled to tax holidays

According to sec. 154.6 of the new Tax Code of Ukraine, for the period from 1 April 2011 to 1 January 2016 0% (zero) will be applied as the rate for the profit tax for entities simultaneously meeting the following conditions.

European banks will be tested against liquidity

EU finance ministers have agreed to add the liquidity criterion to the new stress test for European banks which is to be implemented before the end of May.

Basel Committee approves new mechanisms against “bubbles”

Members of the Basel Committee on Banking Supervision have taken another important step to create a harmonic and stable international financial system by approving mechanisms for cooperation in case of appearance of financial bubbles.

Russia considered one of the most dangerous countries for doing business

Russia is now within the group with the highest political risks for doing business. This follows results of the research by the British company Maplecroft.

ICAI publishes near final drafts of Indian Accounting Standards

The Institute of Chartered Accountants of India (ICAI) has published near final Indian Accounting Standards (Ind ASs) finalized by the Council of the ICAI and sent to the Indian National Advisory Committee on Accounting Standards (NACAS).

IAASB Proposes Assurance Standard to Strengthen Reporting on Greenhouse Gases

The International Auditing and Assurance Standards Board (IAASB) today released for comment proposed new International Standard on Assurance Engagements (ISAE) 3410 “Assurance Engagements on Greenhouse Gas Statements”.

IASB and US FASB to publish joint proposed approach to accounting for credit losses

The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) intend to publish later this month a proposed joint approach on credit impairment of loans and other financial assets managed in an open portfolio.

MICEX-RTS merger finds the government’s support

Russia’s government approved the idea of merger of two largest national stock exchanges – RTS and MICEX. An unannounced source informed that according to the scenario, the Central Bank had to leave capital of the Moscow Interbank Currency Exchange.

Accounting regulator peeved at India Inc U-turn on IFRS regime

The accounting regulator, Institute of Chartered Accountants of India (ICAI), has taken strong exception to the corporate sector’s demand for deferring the implementation of the International Financial Reporting Standards (IFRS).