Accounting standards: Causing waves

If the grand objective of international accounting standards is to bring countries and their economies closer together, they have already succeeded in uniting Australia, Hong Kong and Singapore, in one respect at least. All three are suffering more or less equally ahead of the introduction next January of International Accounting Standard 39 (IAS 39), the standard that deals with the recognition and measurement of financial instruments.

This standard is famous – or notorious, depending on your po

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: