Новости

Obama proposes a financial system reform

American president Barack Obama addressed members of the US Senate’s banking committee, advising them a real financial reform – informs “Associated Press”. Barack Obama assumes that the reform should protect taxpayers from “dishonesty and irresponsibility” of the US financial institutions and to ensure transparency of the financial system.

All CRAs threat the US with a rating decrease

Moody’s Investors Service has traditionally become the last among the “Big Three” credit rating agencies (CRA) to issue its credit warning – this time, to the USA and its current “triple A”.

Russian Ministry for Economic Development increases transparency of state corporations

The Ministry for Economic Development has prepared a new law project to increase business transparency of organizations under Russian government’s control – informed the ministry’s chairperson Elvira Nabiullina at the meeting with Dmitry Medvedev.

Audit companies’ competence questioned

Recent announcements by American experts (that Ernst & Young became the main reason for Lehman Brothers’ bankruptcy) brought back to life discussions of the latest financial crisis. Analysts are now rethinking the role which was played by audit companies.

IASB and FASB publish proposals on reporting entity concept

The International Accounting Standards Board (IASB) and US Financial Accounting Standards Board (FASB) today published for public comment an exposure draft on the reporting entity concept.

IAESB Issues Consultation Paper on Competence Requirements for Audit Professionals

The International Accounting Education Standards Board (IAESB) will be revising International Education Standard (IES) 8 “Competence Requirements for Audit Professionals” and strongly encourages organizations and individuals to comment on proposed revisions.

First ACCA Platinum Approved Learning Partner in Russia

ACCA (the Association of Chartered Certified Accountants) and ATC International are pleased to announce that ATC International Russia was awarded the ACCA Platinum Approved Learning Partner status, the first for a training provider in Russia.

ICAS opts for public disciplinary tribunals

Accountancy bodies are breaking new ground with their disciplinary tribunals. ICAS has decided to make theirs public, after years of outside pressure and lagging behind other accountancy bodies.

Turner and Tweedie to the rescue

Standard setters and regulators may join forces under a plan which could preserve global economic stability without manipulating accounting rules.

Global Accountancy Leaders Support IFAC Focus on SMEs and Their Financial Advisors

Global accountancy leaders support the International Federation of Accountants’ (IFAC) recommendations to intensify its efforts to strengthen small- and medium-sized enterprises (SMEs) and accounting practices (SMPs), IFAC announced today.