Новости

IASB concludes the 2008-2010 cycle of annual improvements to IFRSs

The International Accounting Standards Board (IASB) today issued “Improvements to IFRSs” - a collection of amendments to seven International Financial Reporting Standards (IFRSs) - as its latest set of annual improvements.

IAASB Proposes New Standard to Strengthen Reporting on Pro Forma Financial Information in Prospectuses

The International Auditing and Assurance Standards Board (IAASB) released a proposed new assurance standard that addresses the process of compiling pro forma financial information included in prospectuses. Recognizing the increasingly integrated nature of global capital markets and the importance of pro forma financial information in the public’s investment decisions, the newly proposed standard is designed to enhance public confidence in how such financial information is produced.

FSA commenced checking other banks for operations similar to Goldman Sachs

British financial regulator – the Financial Services Authority (FSA) – has commenced checking of commercial banks for operations similar to the ones of Goldman Sachs. Largest banks will have to present their accounts on transactions with collateralized debt obligations (CDOs).

Freddie Mac asking for additional $10.6 billion support

One of the largest mortgage agencies in the USA - Freddie Mac – is asking the federal government for additional financial support of $10.6 billion.

ASB challenges IASB over derecognition

The Accounting Standards Board (ASB) has criticized the International Accounting Standards Board’s (IASB) derecognition project, accusing the regulator of potential inconsistencies in its approach to handling accounting for off-balance sheet instruments.

Where now for UK GAAP?

In February 2010, the comment period closed on the Accounting Standards Board’s initial proposals for fundamental reform of UK GAAP. A three-tier approach was envisaged. Broadly, publicly accountable entities would follow International Financial Reporting Standards (tier 1); non-publicly accountable entities would be eligible to apply the IFRS for SMEs (tier 2); and the Financial Reporting Standard for Smaller Entities would remain available to small entities (tier 3).

IFAC and the Prince’s Accounting for Sustainability Project Collaborate to Promote Sustainable Organizations

The International Federation of Accountants (IFAC) and The Prince’s Accounting for Sustainability (A4S) Project have entered into a memorandum of understanding to support the global accountancy profession’s role in developing sustainable organizations.

Greece’s problems may spread onto other countries as well

Germany’s Federal Chancellor Angela Merkel and the International Monetary Fund’s managing director Dominique Strauss-Kahn today warned on possible spreading of Greece’s financial crisis onto other European Union countries.

Russia’s ready to simplify migration procedures to attract foreigners

Last Friday, Russian State Duma’s Constitution Committee proposed to approve amendments to the law on legal status of foreigners in Russia.

IASB and ASBJ meet to discuss convergence with and intended adoption of IFRSs in Japan

The International Accounting Standards Board (IASB) and the Accounting Standards Board of Japan (ASBJ) have held their eleventh meeting to review preparations for the convergence with and intended adoption of IFRSs in Japan. Led by Ikuo Nishikawa, Chairman of the ASBJ, and Sir David Tweedie, Chairman of the IASB, the meeting took place on 27 and 28 April 2010 in Tokyo.