Новости

New Yukos auction sales to be held in May

Three new auction sales of “Yukos”, the fallen oil giant, will be held on May, 10th and 11th. This decision was approved by its creditor committee.

ICAS slams heritage standard

The Accounting Standards Board has proposed that charities determine whether they are able to put a value on the “heritage assets” that they hold.

Convergence chasm shows no signs of closing

Accounting regulators are still a long way from ironing out key differences between IFRS and US GAAP for foreign private issuers, according to telling research from Ernst & Young.

Bank for development to be created in Russia pretty soon

This Friday the State Duma of Russian Federation holds its second reading of the “Bank for development” legislation project.

Mazars to merge with Moore Rowlands

Mazars has announced it is to merge with MRI Moores Rowland.

Russian commercial banks with state participation checked for their intangible assets

The Accounts Chamber of Russian Federation checks commercial banks with state participation for intangible assets’ accounting and reporting practices. Sberbank, Vnesheconombank, Rosselhozbank and Vneshtorgbank (VTB) are among those that are scheduled for checking.

ASB will not amend FRS 20

The ASB says that although an exemption would represent a cost saving for certain companies, it would only apply to a minority of cases where the arrangement was a grant of options by the subsidiary itself.

Gazprom chooses PricewaterhouseCoopers Audit

Russian branch of international auditing company “PricewaterhouseCoopers” has won the auditing tender run by “Gazprom”, the energy giant. The results will soon be presented to its board of directors for consideration at the meeting that will take place in June, 29th.

SEC will simplify implementation of SOx Section 404

The US Securities and Exchange Commission has endorsed a number of steps designed to make the internal control provisions of Section 404 of the Sarbanes-Oxley Act of 2002 “more efficient and cost effective”.

IASB Urges Principles-Based Standards

Tweedie said that the convergence of accounting standards around the world is necessary for the free flow of capital and the development of “strong, stable, and deep financial markets which encourage investment and growth,” but could not be implemented under a detailed rules-driven approach.