... Internal Market for Financial Services and set deadlines of 2005 and 2003 respectively to implement the Financial Services and Risk Capital Action Plans. The essence of the Lisbon conclusions was derived from the Financial Services Action Plan2 and the Commission’s Communications on Financial Services3 and Risk Capital4 – each of which call for the development of deep and liquid European capital markets to benefit both issuers and investors.
Among the priority
... Internal Market for Financial Services and set deadlines of 2005 and 2003 respectively to implement the Financial Services and Risk Capital Action Plans. The essence of the Lisbon conclusions was derived from the Financial Services Action Plan2 and the Commission’s Communications on Financial Services3 and Risk Capital4 – each of which call for the development of deep and liquid European capital markets to benefit both issuers and investors.
Among the priority ob
The access to capital market benefits envisaged by the Lamfalussy vision of integrating European securities markets has seen unprecedented coordination of the EuropeanCommission’s work under the FSAP, (Financial Services Action Plan), and has been driven...
The access to capital market benefits envisaged by the Lamfalussy vision of integrating European securities markets has seen unprecedented coordination of the ...
IAS – the only real contender
IAS – the only real contender
As recently as 10 years ago, harmonisation of accounting standards in Europe, let alone the rest of the world, seemed a distant dream. The detailed accounting requirements in some European countries were as diverse and distinctive as the countries themselves and many countries were prepared to fight hard to defend their own generally accepted accounting principles (GAAP) – it was a matter of national pride, tradition and ...
... 2005. Preparers, including SMEs, users and the accountancy profession, in close co-operation with the national standard setters, launch plans for the Accounting Technical Committee, the expert level of the endorsement mechanism as proposed by the EU Commission in its Proposal for a Regulation: European Financial Reporting Advisory Group – EFRAG. The aim is to have one single set of accounting standards for the European capital market that cannot only be used in the EU but world-wide: IAS.
Europe can only support IAS if it has sufficient ...
... the objectives of improving decision-making, financial management, and accountability by governments worldwide. The standards are available through IFAC’s web site at
http://www.ifac.org
.
European Financial Reporting Advisory Group Established
The EuropeanCommission has welcomed the establishment by the European Financial Reporting Advisory Group (EFRAG) of its Technical Expert Group, which will provide high-level technical expertise concerning the use within the European legal environment of international ...
Recent high profile international business failures have seen concerns raised regarding the current state of corporate governance and financial reporting in Europe. With its new position paper FEE1 is highlighting the essential issues for the accountancy...
Recent high profile international business failures have seen concerns raised regarding the current state of corporate governance and financial reporting in Europe. With its new position paper FEE1 is highlighting the essential issues for the...
... Испании, Италии и Бельгии на июньской встрече глав правительств стран Европейского союза (European Union governments) и Европейской Комиссии (the EuropeanCommission) высказались против принятия вызывающего споры стандарта «Учет финансовых инструментов: оценка и признание» IAS 39, что вызывает некоторые ...
... американских стандартов отчетности и МСФО на территории США и Европейского Союза.
Американская Комиссия по ценным бумагам и биржам (Securities and Exchange Commission, SEC) и Комитет Европейских Регуляторов Ценных бумаг (Committee of European Securities Regulators, CESR) выпустили план совместной работы по финансовой отчетности. Акцент ставится на применении международными компаниями ...
Russia's Federal Commission for Securities Market as an executive authority and regulator of information disclosure on financial markets believes that both professional stock market participants and major securities issuers should be using the...
Russia's Federal Commission ...