G20

0 false 18 pt 18 pt 0 0 false false false /* Style Definitions */table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-ascii-font-family:Cambria; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Cambria; mso-hansi-theme-font:minor-latin;} The European Commission has refused to adopt a new standard on financial assets published by the International Accounting Standards Board (IASB). IASB released its new standard, “IFRS...

With convergence front-and-center once again, most finance professionals say they would support the Securities and Exchange Commission's approval of its proposed roadmap for adopting International Financial Reporting Standards, but the majority think the SEC should push back the mandatory deadline by a year.That's according to a survey of more than...

Leaders of the G20 nations must underline their commitment to a single set of global accounting standards when they meet in Pittsburgh this September, or unease about the future of International Financial Reporting Standards (IFRS) will grow, according to a policy paper from the Association of Chartered Certified Accountants.The London-based...

The International Federation of Accountants has called on governments and regulators around the world to speed up their adoption of global accounting and auditing standards.After a summit of IFAC members in London the organization’s president, Robert Bunting, said it was “crucial” that national standard-setters establish roadmaps for the adoption of...

The International Accounting Standards Board has accelerated its project to replace controversial accounting rules on financial instruments.An update published after a recent board meeting says it will now publish an exposure draft on the classification and measurement of financial instruments by July 2009. Previously it said the proposals would not...

The International Accounting Standards Board must be allowed to focus its efforts on a fundamental rewrite of its rules on financial assets and should not be forced to respond to every short-term policy shift announced by the U.S. Financial Accounting Standards Board, according to a body created to advise both...

Concern that the latest action by accounting standard setters to respond to the financial crisis is creating differences between U.S. and international rules is “overstated,” according to the International Accounting Standards Board.IASB defended its recent decision to cut to 30 days its consultation process for a pair of rulings on...

Global securities regulators have formed a trio of task forces to coordinate global regulatory efforts to tackle trading abuses related to short selling, derivatives trading, and activity by unregulated entities such as hedge funds.The International Organization of Securities Commissions Technical Committee announced the launch of the three task forces following...