Новости

PCAOB Concludes Fourth International Auditor Regulatory Institute

The Public Company Accounting Oversight Board yesterday concluded its fourth annual International Auditor Regulatory Institute. Seventy-five representatives of auditor oversight bodies and government agencies from 42 countries convened in Washington, D.C., to learn more about the PCAOB’s programs and exchange views on issues that have an impact upon the oversight of auditors.

IASB and EFRAG meet to discuss work plan

The International Accounting Standards Board (IASB) and the European Financial Reporting Advisory Group (EFRAG) met today to review the IASB’s ongoing work. EFRAG is the private sector body responsible for stimulating debate in Europe around the evolution of International Financial Reporting Standards (IFRSs) and providing input to the work of the IASB, after appropriate due process, on behalf of Europe.

Russian government “technically” not ready yet for the real estate tax

Russia lacks technical solutions to introduce the real estate tax – thinks the country’s deputy finance minister Sergei Shatalov. “We set a task to introduce the new tax as soon as possible; planned to do that in 2011”, - he said during one of his recent speeches. Today’s it’s clear that it is hardly possible: Russia needs technologies to go that way.

G20 summit decreased risks of currency wars – D. Medvedev

Risks of massive-scale currency wars have significantly decreased after the latest G20 summit in Seoul. The opinion was expressed by Russia’s president Medvedev during the press-conference after the event.

Ireland may accept external credit to overcome its debt crisis

European politicians are insistently trying to convince Ireland to ask for external support against its escalating debt crisis to prevent its spreading onto other European counties.

FRC chair calls for separate markets regulator

Financial Reporting Council chair Baroness Sarah Hogg has called for a separate securities regulator solely responsible for market oversight.

ASB issues Improvements to Financial Reporting Standards 2010

The Accounting Standards Board (ASB) has today published a Financial Reporting Standard (FRS) “Improvements to Financial Reporting Standards 2010”. The ASB is publishing this FRS so as to maintain the existing levels of convergence between UK and International Financial Reporting Standards (IFRS).

New actuarial standard on insurance is published

The FRC’s Board for Actuarial Standards (BAS) has today published its standard for insurance work, building on the foundation laid by its standards on Reporting, Data and Modeling.

Only 10% of investors are ready to invest in Russia

Foreign investors prefer developing economies to developed markets – true. According to Bloomberg Global Poll, most of 1030 investors, analysts and other Bloomberg’s subscribers from different countries think that better investment opportunities (although with higher risks) may be found in BIC countries – China, India and Brazil. As for Russia, it falls behind even Africa: only 10% of respondents think it is a good place to invest (11% vote for Africa).

G20 approved global financial security

Korea suggested creating a new system of financial mechanisms for easier access to financial resources in case there is another crisis or at least some of its manifestations. It is based on mechanisms and resources of the International Monetary Fund itself.