Financial accounting standards board (fasb)
Despite pledging to work together to develop globally consistent accounting standards for financial instruments in response to criticisms at the Group of 20 (G-20) meeting in April, the International Accounting...
There has been an outbreak of unprecedented co-operation between the two accounting standard-setters, the IASB and FASB, in their push to establish a single, globally accepted set of rules governing fair...
More Financial accounting standards board (fasb) articles
The International Accounting Standards Board (IASB) has sought to simplify its standards on fair-value measurement, bringing International Financial Reporting Standards (IFRS) further into line with US Generally Accepted Accounting Principles (Gaap)....
Accounting standard boards have been under fire for the complexity and lack of consistency of their rules for financial instruments. With political pressure being heaped upon accountants, the International Accounting Standards Board has revealed its intentions...
The International Accounting Standards Board (IASB) will release proposals to replace IAS 39 - the accounting standard for financial instruments - in October this year.
US auditors and investors are concerned that accounting standards are being dictated by politicians rather than independent standard setters.
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
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