Новости

S&P foresees another credit bubble to be blown by Russia’s banks

The international rating agency “Standard & Poor’s” doesn’t exclude the possibility of a new credit bubble in Russia, soon after the market gets back to its normal stance. According to experts’ opinion, this creates a threat recognized by the Central Bank. Nevertheless, not all limitations of the regulator are going to be effective and save the market.

CAQ Develops IFRS Guide

The Center for Audit Quality has created a free online Guide to International Financial Standards to educate people about the uncertain state of the IFRS roadmap.

Trustees publish proposals aimed at enhanced accountability and stakeholder outreach

The Trustees of the International Accounting Standards Committee Foundation (IASC Foundation), the oversight body of the International Accounting Standards Board (IASB), today published for public comment proposals that form the second part of a two-part review of the IASC Foundation Constitution.

IFAC and International Valuation Standards Council to Collaborate on Improving Global Valuation Consistency

The International Federation of Accountants (IFAC) and the International Valuation Standards Council (IVSC) have signed a Memorandum of Understanding designed to enhance their respective impact on issues surrounding valuations-particularly those related to improving the consistency of global valuation standards affecting the preparation and audits of financial reports.

Anti-money laundering legislation getting a bit tougher in Russia

The State Duma of the Russian Federation continues to get the anti-money laundering legislation of Russia closer to the existing requirement of FATF. Yesterday it recommended a new set of amendments to the law.

UK signs tax agreement with the Swiss

Treasury minister Stephen Timms has signed a tax information exchange agreement with the Swiss.

NBU aims to completely prohibit crediting in foreign currency

The National Bank of Ukraine announced its intention to completely prohibit issuing of credits in foreign currency, and not only to population, but to companies as well. This question was discussed at the NBU’s closed meeting.

Russia goes down to 63rd place in competitiveness

According to “Global Competitiveness Report 2009-2010” prepared by the World Economic Forum, Russia lost its 51st position in the list of all 133 surveyed countries and went down to 63 since 2008.

BAS publishes Consultation Paper on Insurance

The Board for Actuarial Standards (the BAS) has today published a consultation paper setting out proposals for a technical actuarial standard on insurance.

FASB Updates Guidance on Income Tax Uncertainty

The Financial Accounting Standards Board has published implementation guidance on accounting for uncertainty in income taxes and disclosure amendments for nonpublic entities.