International accounting standards board (iasb)
US auditors and investors are concerned that accounting standards are being dictated by politicians rather than independent standard setters.
International accounting standard setters have warned that accounting for dynamic provisioning – rainy-day funds banks build up in good times to absorb losses in economic downturns – should not be...
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More International accounting standards board (iasb) articles
The International Accounting Standards Board (IASB) has amended disclosure requirements for the fair-value measurement of financial instruments, further aligning International Financial Reporting Standards (IFRS) with US Generally Accepted Accounting...
Fair-value accounting has been blamed for exacerbating the scale of the financial crisis, leading for calls from some politicians for it to be suspended. The accounting standards boards have rushed out clarifications on mark-to-market rules, but are they...
Christopher Cox, chairman of the US Securities and Exchange Commission (SEC), backed fair-value accounting in a speech to the American Institute of Certified Public Accountants last week, but said some aspects, particularly rules on impairment, needed...
Politicians on both sides of the Atlantic are becoming more vociferous in their calls for fair-value accounting to be suspended, modified or scrapped, with the rules increasingly blamed for escalating the scale of writedowns at banks and exacerbating...
Dealers have criticised fair-value accounting of illiquid assets for exacerbating the subprime crisis. A growing number of banks and industry bodies have called for a suspension of mark-to-market accounting for illiquid instruments. Are the accounting...
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future
USA, 9th Dec 2013
USA, 10th Dec 2013
UK, 18th Dec 2013
UK, 12th Feb 2014
UK, 13th Feb 2014
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