August 2009
Accounting Today;8/17/2009, Vol. 23 Issue 12, p5
Trade Publication
The article reports on the proposed changes in the International Accounting Standards Board (IASB) regarding the accounting standards for measuring and classifying financial instruments. Such proposal followed various issues raised by the global financial crisis. The IASB proposes to have two classifications for financial assets. The proposal aims to eliminate confusion among impairment approaches for available-for-sale assets and assets measured using amortised cost.


Related Articles

  • EU Regulators Strike More Strident Tone on Reform. Woolfe, Jeremy // Compliance Week;Jun2009, Vol. 6 Issue 65, p64 

    The article reports that the financial regulators of the European Union (EU) are demanding a strict regulatory policy in response to the global financial crisis 2008. As cited, the EU discussed the Solvency II framework which alongwith Capital Requirement Directive will provide financial...

  • Continuos cambios EN LAS NORMAS CONTABLES. Salas Herrera, Juan José // Revista Contable;jun2012, Issue 1, p16 

    No abstract available.

  • REBRANDING FAIR VALUE.  // Accountancy Ireland;Aug2011, Vol. 43 Issue 4, p17 

    The article discusses the potential significance of the rebranding of the term fair value in helping overcome the debate over such term during the global economic crisis. It mentions the factors which caused the financial crisis including the lack of consistency in fair value measurement and...

  • IASB Chairman Defends Speed of IFRS Reforms. Baker, Neil // Compliance Week;Aug2009, Vol. 6 Issue 67, p61 

    The article reports on the response of International Accounting Standards Board (IASB) chairman Sir David Tweedie to the concerns of European Union (EU) finance ministers concerning the financial crisis. It states that Tweedie has expressed that the board is doing its job to provide up-to-date...

  • COMPREHENSIVE INCOME IN TIMES OF CRISES: EVIDENCE FROM SPANISH COMPANIES.  // Global Journal of Business Research (GJBR);2010, Vol. 4 Issue 3, p89 

    No abstract available.

  • The IFRS9 Standard: Assessment of the Impacts on the European Banking Industry. Maria, Halep // Ovidius University Annals, Series Economic Sciences;2015, Vol. 15 Issue 1, p930 

    Since the 2008 World Financial Crisis, the banking industry went through an ongoing transformation process, accelerated by increasing supervision and regulation, especially in the EU. The latest innovation is the IASB IFRS9 Standard, which should by applied starting from 2018 (subject to...

  • ACCOUNTING STANDARDS AND THE FINANCIAL CRISIS. Cairns, Davod // Accountancy;Mar2010, Vol. 145 Issue 1399, p67 

    The article discusses the accounting standards and the global financial crisis. Fair value accounting and the determination of impairment losses in accounting are explored for the accusations that they contributed to the financial crisis. The debate on the distinction of the International...

  • Committees Spur New Advocacy Efforts. Devonish-Mills, Linda // Strategic Finance;Jan2010, Vol. 91 Issue 7, p21 

    The article presents updates of activities of the Financial Reporting Committee (FRC) and the Small Business Financial and Regulatory Affairs Committee (SBC) of the Institute of Management Accountants (IMA). In its annual meeting with the Financial Accounting Standards Board (FASB), the FRC...

  • HOLY GRAIL. VIALS, ANDREW // Accountancy;Mar2010, Vol. 145 Issue 1399, p68 

    The article discusses the prospect of one set of global accounting standards. It is suggested that the convergence of standards has been considered by politicians, accountants, the International Accounting Standards Board (IASB) and the U.S. Financial Accounting Standards Board. The IASB's...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics