Новости

Consolidation of variable interest entities

Deloitte (United States) has published A Roadmap to Applying the Variable Interest Entities Consolidation Model.

Doing business in Ukraine will become much easier

Ukraine’s government has registered a set of law projects to simplify business and entrepreneurship in the country.

Foreign financial securities may come to Russia already in 2010

Chairman of the Federal Financial Market Service (FFMS) Vladimir Milovidov recently announced that foreign financial securities could be allowed to Russian markets in 2010. “I don’t know yet whether those will be corporate or government securities”, - he added.

PCAOB proposes auditing standard on communications with audit committees

The proposal addresses requirements for auditors to communicate with audit committees of public company boards of directors. The proposal considers a number of factors, including the importance of accounting judgments and estimates in financial reporting.

IESBA seeks views on its strategy and work plan for 2010–2012

The International Ethics Standards Board for Accountants (IESBA) has released for comment an exposure draft (ED) setting out its proposed strategy and work plan for the next three years. The proposed strategy and work plan focuses on the board’s new projects and activities, which were selected based on the results of an IESBA-commissioned survey of interested parties.

Ukrainian banks are the weakest in Europe

Reports by international financial groups for 2009 have shown that financial condition of Ukraine’s banks is the weakest not only among European competitors, but even among banking systems of almost all post-soviet countries.

Larger businesses will have equal rights with SMEs in Russia

Deputies of the State Duma now think that the latest initiatives aimed to support smaller businesses in Russia actually discriminate against larger players, which is why the latter will be given exactly the same degree of protection from financial controllers.

OECD mulls tax code for banks

Jeffrey Owens, director of tax and policy administration for the Organization for Economic Co-operation and Development (OECD), has suggested a possible code of conduct for banks on tax matters, for which his organization had done some “preparatory work”.

ACCA-Deloitte narrative reporting survey – seeking input

Next month, ACCA (the Association of Chartered Certified Accountants) and Deloitte LLP will be embarking on a joint international survey, exploring current and anticipated future challenges in narrative reporting (that is the information in annual reports outside the audited financial statements).

Licenses of Russian insurers will be revoked much easily

Russian State Duma’s deputy Vladislav Reznik has introduced amendments that will allow the Federal Insurance Supervision Service (aka “RosStrakhNadzor”) to revoke an insurance company’s license if the insurer makes two mistakes during the year while preparing financial accountancy.