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IFAC Digest
 
 

Independent Standard-Setting Boards in the News
 
REUTERS NEWS
 
 
(The following statement was released by the rating agency) NEW YORK, August 22 (Fitch) Brazilian states' compliance with The International Public Sector Accounting Standards (IPSAS) will significantly improve the transparency and quality ...
 
News that Matters to the Profession
 
JIM HAMILTON'S WORLD OF SECURITIES REGULATION
 
 
The issue of whether IFRS incorporates the concept of a true and fair presentation of a company’s financial statements appears to have taken a turn towards a battle of QC opinions with a U.K., shareholders consortium recently questioning a ...
 
ACCOUNTING TODAY
 
 
A growing number of management consultancies are being acquired by Big Four accounting firms, according to mergers and acquisitions lawyer Stuart Cable, a partner at Goodwin Procter. It’s a trend that may or may not extend beyond the Big ...
 
THE WALL STREET JOURNAL ONLINE
 
 
Regulators took a first step Tuesday toward revamping how auditors review the use of key accounting estimates that can have a big effect on companies' financial statements.

PROPUBLICA INVESTIGATIVE REPORTING
 
 
An industry group which represents some of the nation's largest investors is urging regulators not to back away from plans to require auditors to sign the financial statements they prepare for companies.
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