Новости

ACCA, IAAER, and IIRC seek ways for further development of <IR>

The Association of Chartered Certified Accountants (ACCA), the International Association for Accounting Education & Research (IAAER), and the International Integrated Reporting Council (IIRC) jointly offer 50 thousand pounds for up to three projects meeting certain criteria which will describe further development of the system of integrated reporting.

FASB now proposes its standards on tablet computers

The Financial Accounting Foundation (FAF) – the body which regulates activity of the Financial Accounting Standards Board – informs that the FASB now proposes its Accounting Standards Codification® on tablet computers.

IASB launched consultations on IFRS 3

As it was probably announced many times earlier, the next international standard for the so-called “post-implementation review” became IFRS 3 “Business combinations”. The first stage of public consultations was launched by the IASB today.

New interim standard on rate-regulated activities available

Last Friday the IASB issued a new interim standard on rate-regulated activities, IFRS 14 “Regulatory Deferral Accounts”. The main goal is to increase comparability of financial reports of entities which are subject to rate regulation.

GAAP-IFRS.COM Digest: 27-31 January

Russian banks will bear property liability to deposit holders

Amendments are planned for adoption to the Civil Code and the federal law “On banks and banking”.

Russian state companies will be forced to disclosed their tax payments in advance

A new government directive was recently signed by the prime-minister Dmitry Medvedev. It says that state companies and public entities with the government participation should inform in advance how much they are going to pay in profit taxes.

Minfin waits for a “political decision” to adopt the new tax on real estate property

We probably already informed on delay of adoption of the real estate tax for natural persons until 2015. The base for its calculation should become controversial (as seen by many market participants) cadastral value, arguably the closest to fair value.

Minfin of Russia will collect taxes in offshores as well as in low-tax districts

A plan of struggle against offshore schemes will be prepared by the Ministry of Finance by 1 July. “Vedomosti” informed that Vladimir Putin had asked to get Russian companies’ money back to Russia. This subject will be officially discussed for the first time at the meeting under Igor Shuvalov’s chairmanship.

GASB issued a guidance on adoption of Statement 68

The Governmental Accounting Standards Board (GASB) recently published a new guidance on practical application of a pension standard. The standard will be applied to financial accountancy for accounting periods starting from June 15, 2015.