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  • ICAS opts for public disciplinary tribunals
    Industry body follows trend for tribunals held in public
    [05.03.2010 - 16:30] (opinions: 0)
    Accountancy bodies are breaking new ground with their disciplinary tribunals. ICAS has decided to make theirs public, after years of outside pressure and lagging behind other accountancy bodies.
  • Turner and Tweedie to the rescue
    IASB proposal would leave core financials in banks’ annual reports “unpolluted” by regulatory calculations
    [05.03.2010 - 16:24] (opinions: 0)
    Standard setters and regulators may join forces under a plan which could preserve global economic stability without manipulating accounting rules.
  • Global Accountancy Leaders Support IFAC Focus on SMEs and Their Financial Advisors
    [05.03.2010 - 16:20] (opinions: 0)
    Global accountancy leaders support the International Federation of Accountants’ (IFAC) recommendations to intensify its efforts to strengthen small- and medium-sized enterprises (SMEs) and accounting practices (SMPs), IFAC announced today.
  • Ukraine prohibits private-public settlement of accounts with promissory notes
    [05.03.2010 - 16:15] (opinions: 0)
    It looks like promissory note schemes (the “second birth” for which was given by the financial crisis) will soon be no more as the Ukraine’s government plans to liquidate them: the Verkhovna Rada has approved a new law (¹ 3041) in its first reading, which will introduce significant amendments to rules that regulate promissory notes turnover. It is very possible that the law will be approved further (in its second and final readings) and will officially come into force.
  • IMF ready for further cooperation with Ukraine
    [05.03.2010 - 16:11] (opinions: 0)
    Today, when the presidential elections in Ukraine are over, the International Monetary Fund announces its readiness for further cooperation with the country: the IMF’s representative in Ukraine Max Alier informed on that at yesterday’s investment conference in Kiev.
  • Russian antimonopoly services want oil companies to sell all export goods on national stock exchanges
    [05.03.2010 - 16:06] (opinions: 0)
    Yesterday chairman of the Federal Antimonopoly Service of Russia (FAS) Igor Artemiev proposed to force all oil companies to sell their export goods through national stock exchanges.
  • SEC Adopts Rule to Restrict Short-Selling
    [03.03.2010 - 15:28] (opinions: 0)
    The Securities and Exchange Commission voted last week to adopt a new rule to place certain restrictions on short-selling when a stock is experiencing downward price pressure. The measure is intended to promote market stability and preserve investor confidence, but commissioners were divided in their voting.
  • IVSC publish revised guidance for the valuation of intangible assets
    GN4 aims to demystify the process of valuing brands, IP and goodwill
    [03.03.2010 - 15:06] (opinions: 0)
    The International Valuation Standards Council (IVSC) has today published an updated Guidance Note on the valuation of intangible assets. The revised GN 4 identifies the principal techniques that are recognized for the valuation of intangible assets such as brands, intellectual property and customer relationships, and gives guidance on how these are applied.
  • IASC Foundation publishes second batch of training material for the IFRS for SMEs
    [03.03.2010 - 15:05] (opinions: 0)
    The training material is designed to assist companies and accounting practitioners in applying the IFRS. It will also assist educators in teaching how to apply the IFRS for SMEs.
  • Ukrainian brokers create a “bourse” for insurance risks
    [03.03.2010 - 15:00] (opinions: 0)
    “The Kiev market for underwriters” (KMFU) is a kind of a trade ground with the most favorable conditions to insure against risks and to receive compensation from an insurance company in case of event’s actual occurrence.

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