Новости

US GAAP XBRL taxonomy is released for comment

XBRL US Inc. has published “Beta release 1.0” of the XBRL US GAAP Taxonomies and Documentation for a four month comment period ending 4 April 2008.

PwC Russia to check CB’s accounts

Despite all of its troubles, PricewaterhouseCoopers Audit together with PKF Moscow won the contest to audit the Central Bank’s financial accounts. The decision was made by the CB’s National Banking Council (NBC) – like the PKF’s representative indicated, “due to the duo’s apparent authority”. Second place was won by Deloitte & Touche CIS – it representative wasn’t able to comment on the situation.

IASC Foundation amends Constitution to expand the practical experience of its Interpretations Committee

The Trustees of the International Accounting Standards Committee (IASC) Foundation, the oversight body of the International Accounting Standards Board (IASB), today published amendments to the Foundation’s Constitution.

IAASB Issues Clarified Standards on Audit Documentation, Communication, and Auditor’s Responsibility in Relation to Other Information

The International Auditing and Assurance Standards Board (IAASB), an independent standard-setting board under the auspices of the International Federation of Accountants (IFAC), has reached another milestone in its Clarity Project. Following the consideration and approval of due process by the Public Interest Oversight Board (PIOB), the IAASB issued three final standards that reflect its new clarity drafting conventions.

MICEX is about to launch SPAN

Moscow Interbank Currency Exchange (MICEX) tries to compete with the most liquid trading playground in Russia – RTS’s “FORTS” (Futures & Options on RTS). In first half of 2008, a new system comes into force, but experts are still sure that the only way to poach clients from FORTS is to offer them conceptually new financial instruments.

CEBS publishes a report on the regulatory implementation of Pillar 3

CEBS has published today the findings of a survey it has carried out with regard to regulatory implementation of disclosures by credit institutions as set out in chapter 5 of Directive 2006/48/CE which transposes the Basel Pillar 3 requirements into EU legislation.

FTS proposed to disclose effective rates

Deputy Chief of the Federal Taxpayers Service (FTS) Andrey Kashevarov told RBC-Daily that his authority came up with a new proposition concerning effective rates on credits given by commercial banks – namely, to disclose them in illustrative ways like prices for goods are shown in stores. He added that the Federal Service on Surveillance for Consumer rights protection and human well-being (also known as “Rospotrebnadzor”) already expressed its full support.

IFAC Launches Global Database of Translations of International Standards

To increase the accessibility of its guidance worldwide, the International Federation of Accountants (IFAC) has developed a database that enables professional accountants to locate third-party translations of its pronouncements in more than 30 languages.

Roudtable on world IFRS implementation held in Moscow

Yet another event worthy of interest was held today in the State University – Higher School of Economics building – a roundtable “First results of implementation of International Financial Reporting Standards (IFRS) abroad”. This roundtable is one of these frequently organized by the National Organization for Financial Accounting and Reporting (NOFA).

FASB Launches Series of Webcasts

The Financial Accounting Standards Board (FASB) is pleased to announce the launch of a series of periodic webcasts focusing on topics of importance to its constituents. The first FASB webcast, entitled Towards a Global Reporting System: Where Are We and Where Are We Going?, is scheduled for Tuesday, January 8, 2008, from 10:30 a.m. to 11:30 a.m. (EST), and will feature a panel of experts discussing international convergence of accounting standards.