Новости

FEE and EFRAG highlighting the debate on “Impairment of Financial Assets – The Expected Loss Model”

FEE (Federation des Experts comptables Europeens – Federation of European Accountants) and EFRAG publish today a paper informing the debate on the IASB’s proposals for the impairment of financial assets.

The Financial Reporting Review Panel announces priority sectors for 2010/11

Banking, house-builders and travel and leisure have featured as priority sectors for the last two years. As companies enter the next stage of the recession where the outlook for corporate spending is uncertain, the Panel is turning its attention to sectors that rely heavily on discretionary spend and which might be stretched in the short term.

Tax evasion schemes have cost Ukraine 3 billion UAH since the beginning of the year

Tax inspectors found 73 different schemes of tax evasion, and the most widespread are the ones with insurance and reinsurance companies’ participation.

The Association of Ukrainian Banks is asking to change the order of calculation of liquidity standards

AUB indicates that banks aren’t able to clearly estimate their ability to meet the new requirements due to the absence of any clearly defined algorithm for calculation.

Russian insurers may face much higher capital requirements

At yesterday’s meeting of the State Duma’s expert committee on insurance, its experts discussed forthcoming increase of minimal regulatory capital requirements for insurers. It is expected to be increased in four times. If the law project is approved, more than 50% of all today’s players will be forced to leave the market.

Russia’s Ministry for Economic Development says its time to switch to a simpler way of bank restructuring

The Ministry for Economic Development plans to propose a new program to the government to simplify the procedure for credit institutions restructuring – it will be carried out in a simpler, standard manner.

Duma postpones discussion of the law project on trade till December 16. Again

Today the State Duma of the Russian Federation decided to postpone discussion of the law on the State’s regulation of trade till December 16, for the second time already.

ACCA Russia conducted a salary survey among its members

The most popular position for an ACCA member is financial or other type of manager (31%) or head of department (21%). There is a good number of financial directors (15%) as well. Most respondents (44%) have been working in their current position for 1-3 years and another 37% have been working over 3 years at the same place.

Trustees seek nominations for Chairman of the IASB from 2011

The Trustees of the International Accounting Standards Committee Foundation, the oversight body of the International Accounting Standards Board (IASB), today launched a global search to identify a successor to Sir David Tweedie as Chairman of the IASB. Sir David will retire on 30 June 2011 when he completes his second term.

Britain introducing a 50%-tax on bankers’ bonuses

Starting from today, exactly half of all large premiums and bonuses paid to bankers will go to the state’s budget as there is now the new law in effect that implies a 50% tax on bonuses.