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International News 2008

- 2008
 
 Date  Title
01 May 2008 SEC: 'We'll Be Tough on IFRS Numbers' (US)
01 May 2008 PCAOB to Carefully Scrutinise Securities Valuations in Accounts
01 May 2008 Average SOX Compliance Costs $1.7 Million (US)
01 May 2008 U.S. Accounting Profession Renews Mutual Recognition Agreement With Canada, Mexico.
29 Apr 2008 Big Four Control Directly Linked to Higher Audit Fees (UK)
29 Apr 2008 Standard Setters Outline Response to Credit Crunch
29 Apr 2008 US, ASEAN Trade Ministers to Discuss Market Opening Efforts
29 Apr 2008 FASB Signs Agreement with Chinese Accountants
28 Apr 2008 IASB Accelerates Off Balance Sheet Project
28 Apr 2008 Financial Planning Niche Growing for CPAs (USA)
24 Apr 2008 FASB, IASB Accelerate Convergence Plan
24 Apr 2008 IFAC 2007 Annual Report Points to Progress on Convergence; Highlights Commitment to Developing Nations
24 Apr 2008 Australia Modernises Tax Treaty With South Africa
23 Apr 2008 Compliance Heads Sought in Rules Overload (UK)
23 Apr 2008 European Commission Lets US and Japanese Keep Their GAAPs
22 Apr 2008 PCAOB Adopts New Ethics and Independence Rule Concerning Communications with Audit Committees and an Amendment to its Existing Tax Services Rule
21 Apr 2008 E&Y in Global Merger Move
21 Apr 2008 Strategic and Operational Plan Issued by IFAC's International Ethics Standards Board for Accountants
21 Apr 2008 PCAOB and Singapore Accounting and Corporate Regulatory Authority Confirm Cooperative Regulatory Arrangements
17 Apr 2008 Poor Research Harming Profession Says ICAS (UK)
17 Apr 2008 Key IASB Project is 'Not Under-Staffed'
16 Apr 2008 PCAOB Finds Problems with Grant Thornton Audits
15 Apr 2008 Contentious Audit Sign-off Rules Go Ahead
15 Apr 2008 Investors Prefer Hedge Funds With Standards
14 Apr 2008 EU to Speed Up Trade Talks with ASEAN
14 Apr 2008 IAASB Issues Auditing Standard to Enhance Written Representations Requested from Management; Makes Further Progress on Clarity Standards
14 Apr 2008 FASB Defends Fair Value
14 Apr 2008 FSF Urges IASB to Fix Off Balance Sheet Rules
11 Apr 2008 EU Adviser Distances Itself From 'Smoothing'
11 Apr 2008 Restatements Not Caused by Accounting Rules (US)
10 Apr 2008 Smoothed Assets Dismissed as a 'Worse Answer' to Fair Value
10 Apr 2008 Carbon Offsets – Accountants’ Next Big Challenge
10 Apr 2008 Institute of International Finance Report Urges Accounting Rule Changes
10 Apr 2008 Crucial Rules Review Delayed Over IASB Staff Inadequacies
10 Apr 2008 IFAC'S International Public Sector Accounting Standards Board Advances Global Convergence
09 Apr 2008 France Plans Push for Common EU Corp Tax
09 Apr 2008 IMF Calls for Fair Value Review
09 Apr 2008 ACCA chief: 'Smaller Auditors Will Disappear'
09 Apr 2008 Maryland Passes CPA Mobility Legislation (USA)
09 Apr 2008 AICPA Revises Peer Review Standards
08 Apr 2008 CPA Australia Reaches Landmark Agreements with Canadian Bodies
08 Apr 2008 UK Treasury 'Misjudged' Complexity of IFRS
07 Apr 2008 Bank of Scotland Chief Warns Fair Value Could Lead to Recession
05 Apr 2008 Pakistan-Malaysia FTA in Final Stages
04 Apr 2008 IFAC's International Public Sector Accounting Standards Board Consults on Accounting for Service Concession Arrangements
04 Apr 2008 IMF Chief Sees 'Major' Slowdown in Global Economy
03 Apr 2008 Regulators Call for End to Self-Appointed Trustees
03 Apr 2008 Charges Dismissed Against Andersen Auditor
03 Apr 2008 Credit Crunch Sparks Fair Value Revolt
02 Apr 2008 US Campaign Against Worldwide Taxation
02 Apr 2008 SME Standards to be Rebranded by IASB
01 Apr 2008 CPA Australia's 'My Online Learning' Now Includes Harvard Programs
01 Apr 2008 Swiss Unbowed on Bank Secrecy Laws
31 Mar 2008 SEC's New Guidance to Stop Short of Suspending 'Fair Value' Rules
28 Mar 2008 M&As Plunge to Four-Year Low
27 Mar 2008 FTA to Help Boost Exports to China, Malaysia
26 Mar 2008 Watchdog Admits: We Failed UK Crisis Bank
26 Mar 2008 CIMA Launches Online Courses for Students Worldwide
26 Mar 2008 Social Working: After Facebook Comes Workbook
26 Mar 2008 ACCA Attracts a Record Number of Students
26 Mar 2008 Financial Times Report: A Single Standard for the World?
26 Mar 2008 KPMG Not Liable for Client Collapse (USA)
25 Mar 2008 UK: Auditors Push to Limit Liability
20 Mar 2008 IFAC Launches Database of Translations of International Standards
20 Mar 2008 US follows British lead on audit choice
20 Mar 2008 IASB defends use of ‘fair value’ accounting
20 Mar 2008 Small institutes 'trade off' student uncertainty
20 Mar 2008 Watchdogs push for accounting rules review
19 Mar 2008 Audit Quality Getting Better (USA)
14 Mar 2008 US Looking Forward to Seal FTA with Malaysia
13 Mar 2008 Corporations Must Prepare For the Avalanche of New Companies Act Changes Says South African Institute of Chartered Accountants Senior Executive
13 Mar 2008 Europe: Override That Is Dividing Accountants
13 Mar 2008 IMF's Lipsky Warns of 'Unthinkable' in Global Credit Crisis
12 Mar 2008 IASC Appointments Complete Advisory Group
11 Mar 2008 Grant Thornton Urges Ban on Patenting Tax Advice
11 Mar 2008 The Financial Reporting Council Consults on Cost-effective Regulation (UK)
10 Mar 2008 IFAC Releases 2008 Handbook of Auditing, Assurance and Ethics Pronouncements
10 Mar 2008 IAASB Reports on Progress in Achieving Clarity and Convergence
10 Mar 2008 Financial Reporting Gets Stronger, But No More Understandable
10 Mar 2008 Loophole Lets Bank Rewrite the Calendar (France)
10 Mar 2008 AICPA Advances CPA State Mobility
06 Mar 2008 New Report Examines Improvements to the Financial Reporting Supply Chain and Areas for Future Action
06 Mar 2008 Institutes Embroiled in 'Scum of the Earth' Hierarchy Row (UK)
05 Mar 2008 SEC Charges Firm, Hedge Fund Managers with US$60m Fraud (USA)
04 Mar 2008 China/Hong Kong Double Tax Arrangement Brings Major Competitive Edge to Hong Kong
04 Mar 2008 PCAOB Says Don't Revise Fair Value
04 Mar 2008 EU to Launch Attack on Tax Havens
03 Mar 2008 SMB Budgeting and Forecasting Tool Introduced (USA)
03 Mar 2008 Australia Signs New Tax Treaty with Japan
29 Feb 2008 Spotting Fraud through Software: Virginia Tech Researchers Work on a Program to Review Corporate Data (USA)
27 Feb 2008 Europe Surprised by U.S. Progress on Convergence (article by Michael Cohan)
26 Feb 2008 Germany will share tax hitlist
26 Feb 2008 New competency requirements for auditors of SMSFs (Australia)
26 Feb 2008 IASB Reviews Fair Value Measurements
26 Feb 2008 PCAOB Proposes New Auditing Standard: Engagement Quality Review
25 Feb 2008 UBS first bank sued over sub-prime loss
21 Feb 2008 US Federal Reserve willing to cut more but inflation fears linger
21 Feb 2008 Deloitte Launches Pro Bono Program
21 Feb 2008 Forensic evidence of continued growth at BDO (UK)
20 Feb 2008 Grant Thornton Unveils New Brand, Logo
19 Feb 2008 SEC Launches XBRL Viewer on SEC.gov (USA)
18 Feb 2008 Aussie bank blames accounting standards for loss
13 Feb 2008 ACCA puts ethics into global accounting
13 Feb 2008 Senior US senator asks standard setters for early subprime warnings
13 Feb 2008 IAASB issues new auditing standard on Accounting Estimates and Fair Values; establishes Task Force to develop guidance
13 Feb 2008 KPMG sponsors student auditing contest (USA)
11 Feb 2008 IFAC'S International Public Sector Accounting Standards Board advances convergence strategy
08 Feb 2008 IASB funding falls short of 2008 target
07 Feb 2008 US should move to IFRS in five years
05 Feb 2008 Look to Europe, not the US (Malaysia)
04 Feb 2008 SEC calls for delay to Sarbanes-Oxley compliance (USA)
01 Feb 2008 IMF Warns of Worst Economic Downturn in Years
01 Feb 2008 IAASB Amends International Standards on Review Engagements to Clarify their Applicability to Specific Engagements
30 Jan 2008 Accounting for change - The future of financial regulation for foreign invested firms in China
29 Jan 2008 Deloitte expands to deliver fairness options
29 Jan 2008 Board approves new Auditing Standard No. 6: Evaluating Consistency of Financial Statements
28 Jan 2008 SEC settles with unregistered auditors
24 Jan 2008 SOX's Oxley Joins APCO Advisory Council
24 Jan 2008 PCAOB to consider adopting auditing standard on Evaluating Consistency of Financial Statements
23 Jan 2008 Connolly: 'Huge opportunities' in Asia
22 Jan 2008 FRC issues special advice for credit crunch audits (UK)
22 Jan 2008 KPMG: Global M&A to plateau in 2008
22 Jan 2008 Forum of Firms announces names of networks gaining full membership; establishes new global benchmark in international audit quality
17 Jan 2008 IFAC's International Public Sector Accounting Standards Board Issues New Disclosures on External Assistance
16 Jan 2008 IFAC Focuses on Mentoring as Means to Strengthen Profession
16 Jan 2008 Changes to accounting rules may affect mergers
15 Jan 2008 CEOs of top six join forces to push for IFRS
15 Jan 2008 Business combinations standard revised
14 Jan 2008 Foreign banks wary of tax changes in UK
14 Jan 2008 International Auditing and Assurance Standards Board Completes First Phase of Clarity Project
14 Jan 2008 Malaysia, US Resume Free Trade Talks
10 Jan 2008 European Commission adopts 'equivalence mechanism' for non-EU GAAPs
09 Jan 2008

IASB in discussions to put SIVs on balance sheet

08 Jan 2008 IFAC's Education Standards Board seeks responses to survey on enhancing accounting education
07 Jan 2008 Foreign companies could face stricter UK listing rules
07 Jan 2008 Credit crunch impact to last most of 2008
07 Jan 2008 New IFAC paper examines suitability of proposed IFRs for SMEs to micro-entities
03 Jan 2008 IFAC guidance on practical experience schemes
03 Jan 2008 IAASB proposes three more standards
03 Jan 2008 Local authorities face tough IFRS timetable (UK)
02 Jan 2008 Chinese begin tax system overhaul (China)
02 Jan 2008 PwC tops Chinese popularity poll (China)
02 Jan 2008 AICPA Issues Guidance on Professional Requirements (US)
01 Jan 2008 Pakistan-Malaysia FTA to be operational from 1 January 2008
- 2007