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ABI wants cover for insurance accounting
7 February 2012, 5:46 am

AS THE ASB's new UK GAAP proposals don't cover insurance accounting, it is consulting separately on the direction in which to go.

Stanford used fake accounting to back bank: witness
6 February 2012, 2:22 pm

HOUSTON (Reuters) - Allen Stanford used fake accounting to prop up his offshore bank in its waning days, as withdrawal requests from investors poured in, Stanford's former top deputy said on Monday.

CALL FOR PAPERS: COMMUNICATION IN ACCOUNTING EDUCATION
1 February 2012, 4:16 am

Accounting Education: an international journal invites submissions for a themed issue on communication in accounting education. Accounting, often described as “the language of business,” requires a diverse set of written and oral communication skills.

ACCOUNTING FOR MANAGERS: INTERPRETING ACCOUNTING INFORMATION FOR DECISION MAKING (4TH EDITION)
1 February 2012, 4:01 am

Updated and revised, the new fourth edition of Accounting for Managers builds on the international success of the previous editions in explaining how accounting is used by non-financial managers.

UK clears energy firms' accounting over price rises
31 January 2012, 10:09 am

LONDON (Reuters) - A forensic review of UK energy companies' accounting practices has found no evidence of financial irregularities aimed at justifying steep rises in retail gas and electricity bills last year, regulator Ofgem, which commissioned the study, said. A string of double-digit price increases, announced in the summer of 2011 by utilities, helped drive UK inflation to a three-year high ...

VRL: Accounting Firms Report Growth and Look to Recruit in 2012
30 January 2012, 8:26 am

LONDON--(BUSINESSWIRE)-- PwC takes back the top spot as the largest global network from Deloitte who led the pack for the first time in history in 2010 Despite continued widespread fee pressure and intense ...

SME accounting should retain UK GAAP aspects
30 January 2012, 5:01 am

THE ACCOUNTING REGULATOR has revised proposals for future financial reporting in the UK.

AOSSG ISSUE SURVEY ON ACCOUNTING FOR ISLAMIC FINANCIAL TRANSACTIONS AND ENTITIES
29 January 2012, 1:47 pm

The Asian-Oceanian Standard-Setters Group (AOSSG) was formed in 2009, and comprises national accounting standard-setters from Asia and Oceania. The purpose of the group is to discuss and share experiences in the adoption of International Financial Reporting Standards (IFRS) and to contribute to the development of a high-quality set of global accounting standards....

Accounting rulesetters to reopen bank asset rule
27 January 2012, 9:55 am

LONDON, Jan 27 (Reuters) - Two top accountingrulesetters will try again to reach a common global method forbanks to classify and measure assets so that investors caneasily compare financial statements. ...

New bank accounting rules needed to avoid another crisis, says BoE's Haldane
19 January 2012, 2:46 pm

British banks should be subject to an entirely separate accounting regime to avoid another financial crisis and "restore investor faith" in the system, the Bank of England's Andy Haldane has ...

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