Новости

Tweedie: US fair value not proving popular

International Accounting Standards Board (IASB) chairman Sir David Tweedie said his early soundings of the US fair value proposal have not revealed popular support from countries outside the US.

Financial Accounting Foundation to Increase Size of FASB

The Board of Trustees of the Financial Accounting Foundation (FAF) today announced that the Financial Accounting Standards Board (FASB) will grow from five to seven members. The FASB previously operated with seven board members from its inception in 1973 until 2008. In addition, Chairman Robert Herz has decided to retire from the FASB after more than eight years leading the standard-setting board.

Federal Reserve has some plans for the economy

US perspectives for the future have worsened, but the Fed has some plans down its sleeves to give further push to recovery. However, the regulator’s governance has different views on their implementation. What yields most disagreements is the way to manage huge volumes of financial securities at its balance.

Some European banks may get under double taxation

German and British governments have different views on implementation of the plan to make banks responsible for overcoming financial crisis situations in the future.

European Union’s economy may again fall into recession - Stiglitz

The economy of Europe may again fall into recession due to national governments’ actions taken to lower budget deficits – warns Joseph Stiglitz, the American economist and recipient of the Nobel Memorial Prize in Economic Sciences in 2001.

GAO Revises Government Auditing Standards

The Government Accountability Office is making changes to Government Auditing Standards, commonly known as the Yellow Book.

IAESB Releases 2010 Handbook of International Education Pronouncements

The 2010 Education Handbook contains the IAESB’s suite of eight International Education Standards (IESs), including the “Framework for International Education Standards for Professional Accountants” (the Framework), as well as three International Education Practice Statements.

Sberbank publicly disclosed names of its former employees who “lost its trust”

That’s the first time in Russia’s history when a bank discloses information on its former employees – until now, only regulators did.

Bankers’ bonuses down by 60%

Analysts from Financial Times checked bonus premiums in 17 largest banks. According to their calculation, the ones who lost more than others were Lloyd Blankfein (Goldman Sachs), John Varley (Barclays) and   Jamie Diamon (JPMorgan Chase).

28% meet disclosure rules for interim statements

According to figures published in a report by accountancy firm Deloitte, just 28% of corporates meet the requirements of the Disclosure and Transparency Rules (DTR) for the content of second-half interim management statements.