The International Accounting Education Standards Board has begun a new project to improve the relevancy, clarity and consistency of its standards along with their applicability to members and associates of the International Federation of ...
European banks and other banks outside the U.S. will have to record losses on bad loans more quickly and set aside more reserves for loan losses under an overhaul of finance-accounting rules that global rule makers made final on Thursday.
Working with international standards body "like pushing water uphill", Haddrill admitsWORKING with the IASB has proven "a struggle" for the FRC, chief executive Stephen Haddrill told a Lords committee hearing.
Financial Stability Board Chairman Mark Carney has said that the rule is needed to make sure that powers for regulators to impose forced losses on unsecured creditors have real bite, as banks will have a guaranteed minimum amount of ...
The number of restatements announced per year by SEC-registered companies has fallen significantly since the early era of post-Sarbanes-Oxley implementation, according to research released Thursday by the Center for Audit Quality (CAQ).
The Financial Stability Board, an umbrella of global regulators, is on a mission to give back credibility to scandal-plagued Libor.For more than two years, the benchmark – calculated on banks' submissions and used to price around $450 ...
Good news for fans of straightforward, declarative writing—an international accounting board wants to kill the boilerplate endemic to corporations’ annual reports, possibly even making them readable and useful for investors.
A new PCAOB related-party auditing standard may cause audit firms to revise their audit plans and methodologies to ensure that newly required procedures are fully incorporated into all phases of the audit.