Новости

IASB issues amendments to the requirements for borrowing costs

The International Accounting Standards Board (IASB) today issued a revised IAS 23 Borrowing Costs. The main change from the previous version is the removal of the option of immediately recognizing as an expense borrowing costs that relate to assets that take a substantial period of time to get ready for use or sale.

Russia to put rating agencies under control

Banking supervision committee of the State Duma of Russian Federation has prepared a report stating the necessity to put rating agencies in Russia under control, because without it, the desired credibility of produced ratings is not achieved. Interestingly, the Central Bank of Russian Federation is named as the main candidate for the regulator’s position.

IASB funding issue resolved by FRC

The Financial Reporting Council is proposing to take responsibility for collecting the UK contribution to the International Accounting Standards Board (IASB) from 2008.

National Accounting Standards Board of Russia (NASB) March meeting: brief results

On 15th of March National Accounting Standards Board of Russia (NASB) held a meeting, at which discussed a concept of national accounting standard AS 33 “Earnings per share” – and yet again, the IASB’s Discussion Paper “Fair value measurements”.

SEC changes deregistration rules

The Securities and Exchange Commission has voted to change its rules to make it easier for foreign companies to deregister when they delist from a US exchange.

PCAOB Meets with Asian Counterparts to Discuss Cooperation on Auditor Oversight

PCAOB Chairman Mark Olson and Board member Charles Niemeier participated in a meeting of the International Forum of Independent Audit Regulators (IFIAR) in Tokyo on Thursday to discuss topics relevant to cooperation in the oversight of public company auditors. In addition, Chairman Olson and Board Member Niemeier met with the PCAOB’s counterpart in Japan, the Certified Public Accountants and Auditing Oversight Board and the Japanese Financial Services Agency to discuss cooperation in auditor oversight.

IFAC Releases Auditing, Ethics, Public Accounting Handbooks

The latest compilations of international auditing, ethics and public sector accounting standards are available in print and electronic formats from the International Federation of Accountants.

SEC Will Not Require XBRL Data Audits

Securities and Exchange Commission Chairman Christopher Cox announced that companies adopting eXtensible Business Reporting Language (XBRL) for regulatory filings will not need an additional audit of the conversion of their data, reported Reuters.

PricewaterhouseCoopers Audit found guilty

The court has agreed that “PricewaterhouseCoopers Audit” indeed took his part in creation of tax avoidance schemes for Yukos while being its official auditor in 2002-2004. Now, its license may be canceled and a criminal prosecution is a threat to its employees.

CPA Australia supports removing differences with IFRSs

CPA Australia has expressed strong support for the decision of the Australian Accounting Standards Board (AASB) to remove the differences between “Australian Equivalents to IFRSs” (A-IFRSs) and IFRSs as adopted by the IASB.