Archive for April, 2009
Exciting new take on Chartered Accounting
Elevate CA Limited have launched in Whangarei and Auckland.
2009-05-01 02:09 FASB preps new rule on securitization accounting
NEW YORK, April 30 – The Financial Accounting Standards Board, which sets U.S. accounting rules, is “pretty close” to issuing a new standard on securitization accounting that will affect off-balance sheet assets, its chairman said on Thursday
Accounting Standards Board allows Canadian banks U.S.-style markdown relief
TORONTO – Canada’s Accounting Standards Board is giving Canadian banks and other holders of financial securities relief similar to that granted in
Regulators didn’t challenge Freddie’s accounting
An outside investigator early last year told regulators that Freddie Mac failed to properly document interest rate bets, but the government didn’t challenge the mortgage finance company’s accounting practices. The Federal Housing Finance Agency confirmed that…
Canada Accounting Board Sides With Global Rules on Debt Costs
April 30 — Canada’s accounting regulator is pressing to adopt international standards on how impaired debt investments are treated under a proposal that moves away from recent U.S. accounting rule changes.
Regulators didn’t challenge Freddie’s accounting
An outside investigator early last year told regulators that Freddie Mac failed to properly document interest rate bets, but the government didn’t challenge the mortgage finance company’s accounting practices.
Patriot Coal turns profit on accounting adjustment
Patriot Coal Corp. reported a $32.1 million first-quarter profit compared with a loss in the same period a year ago because of an accounting adjustment related to last year’s purchase of Magnum Coal Co.
Canada mulls shift closer to U.S. accounting rules
Canada’s accounting watchdog unveiled proposals on Thursday to bring a problematic accounting rule more in line with U.S.
Ex-General Re senior vice president sentencing to a year in prison for accounting fraud
HARTFORD, Conn. – A former executive of Connecticut-based General Re Corp. was sentenced Thursday to a year and a day in prison for his role in an accounting scandal that authorities say cost shareholders of American International Group Inc
PUBLIC COMPANY ACCOUNTING OVERSIGHT BOARD INSPECTION REPORTS UPDATE
The Public Company Accounting Oversight Board has updated its audit firm inspection reports. Harper & Pearson Company, P.C.
