Archive for August, 2009
Basel Committee issues guiding principles for the revision of accounting standards for financial instruments
The Basel Committee on Banking Supervision released today a set of high level guiding principles to assist the IASB in addressing issues related to provisioning, fair value measurement and related dis
China’s growth — economic or accounting miracle?
SINGAPORE, Sept 1 — By now, most investors would be familiar with the China growth story — possibly 10 per cent GDP growth which has powered the country’s stock markets’ rise of more than 80 per cent this year alone. Even though there has been the occasional warning about a speculative stock market bubble, there is a smug belief that because this year is the 60th anniversary of the founding of …
American Safety Insurance Holdings, Ltd. Reports Resignation of Chief Accounting Officer
HAMILTON, Bermuda—-American Safety Insurance Holdings, Ltd. today reported that Laura L.
FASB eyes more disclosure for illiquid assets
Responding to concerns from investors, a key accounting regulator proposes requiring financial institutions to disclose more information about how banks and other corporations value illiquid assets.
INSIDE Public Accounting: The Nation’s Top 100 Accounting Firms 2009
August 24, 2009 The Platt Group, the publishers of INSIDE Public Accounting are proud to present its 19th annual report on the nation’s Top 100 accounting firms – one of the most comprehensive of its kind.
The Forensics Behind Accounting
He started using numbers to track wrong-doing back in 1983, when the FBI hired him and a slew of other able-brained accountants to sort through the savings-and-loan mess.
Money manager sues over missing investments
Minneapolis money manager Bo Beckman has filed a lawsuit against former business associate Trevor Cook seeking an immediate accounting of an unusual foreign currency investment Cook promoted.
FASB Issues Exposure Draft for Proposed Accounting Standards Update, Improving Disclosures about Fair Value Measurements
NORWALK, Conn.—-The Financial Accounting Standards Board has issued an Exposure Draft of a proposed Accounting Standards Update intended to improve disclosures about fair value measurements.
Corefino Offers CFO Community New Accounting Solution Aimed at Fraud Prevention
SUNNYVALE, Calif.—-Taking the accounting solution industry’s boldest stand to date on offering a packaged audit-ready financials fix for curtailing fraud or honest mistakes, Corefino CEO Karen Watts challenged corporate boards, and Chief Financial Officers in particular, to review improved frameworks for cutting down on the rampant fraud tied to financials preparation.
The Judge Group Expands Accounting & Finance Professional Services to New York City
PHILADELPHIA—-The Judge Group, a Philadelphia-based international professional services firm specializing in Technology Consulting, Enterprise-Wide Staffing and Corporate Training, has expanded the firm’s Accounting & Finance practice to New York City and appointed industry veteran Tim Lege to lead the expansion.
