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Accounting |
Financial Times
May 17
Comment
Companies will be forced to book trillions of dollars of liabilities in a move to give investors a clearer picture of groups’ assets and debts
Wall Street Journal
May 17
Comment
U.S. companies might be forced to boost the amount of debt on their books under a proposed rule on accounting for leases.
The Straits Times
May 16
Comment
May 17, 2013 1:28 AM
LONDON - Company balance sheets could swell by trillions under a plan by two accounting bodies to reveal more clearly the cost of leasing everything from photocopiers to property.
New York Times
May 16
Comment
Proposed changes on reporting leases, backed by the International Accounting Standards Board and the Financial Accounting Standards Board of the United States, are unlikely to satisfy many corporations.
Japan Today
May 15
Comment
Olympus said Wednesday it swung to an annual net profit as it turns the page on a huge accounting scandal, adding that it expects profits to more than triple in the current fiscal year.
The camera and medical equipment maker said net profit for...
The Hindu Business Line
May 15
Comment
Companies will be required to make sustainability an integral part of their business and mandatorily report it as well.
Sydney Morning Herald
May 14
Comment
A NZ subsidiary of business management software development and publishing company MYOB is to buy BankLink from Media Transfer for $NZ136 million
Reuters
May 13
Comment
More than a dozen of the biggest U.S. banks have questioned a proposed accounting change meant to boost reserves for risky loans, saying the results would be vastly different from those of a similar rule being developed by global standard-setters.
The Hindu Business Line
May 12
Comment
Guidance issued by the FASB in the US requires entities using liquidation basis to measure their assets at the amount they expect to collect upon sale.
Cellular News
May 10
Comment
China Mobile says that it is beefing up its internal auditing processes in the wake of an investigation by the government's National Audit Office. Click here for more.
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