This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version. Please upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.


  • SEC reaffirms FASB standards for SEC filings

    29 Apr 2003

    The US Securities and Exchange Commission has reaffirmed its policy of recognising FASB pronouncements as being generally accepted for purposes of filings with the Commission.

  • FASB votes to expense stock options

    24 Apr 2003

    At its meeting on 22 April, the US Financial Accounting Standards Board voted that stock options "are payment for goods and services and that those costs should be recognised".

  • EU expresses 'major concerns' to SEC on foreign auditor registration

    23 Apr 2003

    EU Internal Market Commissioner Frits Bolkestein has written a Letter (PDF 28k) to the Chairman of the US Securities and Exchange Commission expressing four "major concerns" about the rules on auditor registration and oversight proposed by the new Public Company Accounting Oversight Board (PCAOB).