Archive for March 10th, 2011

10 March 2011: IASB Chairman discusses the future of financial reporting

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In a speech to the US Chamber of Commerce, IASB Chairman Sir David Tweedie discussed his vision for the
future of financial reporting, which “includes IFRSs as the common basis of financial reporting for listed companies throughout the world, includin…

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10 March 2011: IFAC report recommends ‘fundamental changes’ to financial reporting

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The International Federation of Accountants (IFAC) has published a report, Integrating the Business Reporting Supply Chain, based on interviews with leading business figures around the world which points to the need for significant changes in financial…

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10 March 2011: European Commission comments on US convergence in submission to IASB

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The European Commission (EU) has commented on IFRS-US GAAP convergence in its comment letter on the IFRS Foundation Trustees’ Public Consultation Status of Trustees’ Strategy Review.

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10 March 2011: United Nations Global Compact launches ‘Differentiation Programme’ on sustainability performance and reporting

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The United Nations (UN) Global Compact has officially launched the ‘Differentiation Programme’, a practical framework to help business participants improve sustainability performance and disclosure practices.

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10 March 2011: CFA Institute survey reveals financial reporting and derivatives concerns

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The CFA Institute, a global association for investment professionals, has released a report entitled ‘Financial Market Integrity Outlook: 2011’, summarising the outcomes of a survey created to seek input from CFA Institute members on the outlook for et…

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