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  • DTT Worldwide Member Firms 2005 Review

    Dec 31, 2005

    Deloitte Touche Tohmatsu (DTT) has released its 2005 worldwide member firm review, which reports aggregate member firm financial results for fiscal 2005 and also articulates a new strategic direction for DTT member firms.

  • Search begins for new IAASB chairperson

    Dec 28, 2005

    The International Federation of Accountants has begun a search for a new full-time chairperson of the International Auditing and Assurance Standards Board effective 1 January 2007. The current chairman, John Kellas, has decided not to seek reappointment when his term ends on 31 December 2006. Click for IFAC Announcement (PDF 82k).

  • Upcoming IASB working group meetings

    Dec 26, 2005

    The following meetings are scheduled for January: 9-10 January 2006 Financial Instruments Working Group 12-13 January 2006 Insurance Working Group 30-31 January 2006 Working Group on Small and Medium-sized Entities All of the meetings are in London.

  • IAS 39 amendment fully adopted in Europe

    Dec 24, 2005

    The European Commission has published the amendment of IAS 39 for Cash Flow Hedge Accounting of Forecast Intragroup Transactions in the Official Journal of the European Union, making it fully endorsed for use in Europe.

  • Agenda project pages updated

    Dec 24, 2005

    We have updated the following agenda project pages to reflect the discussions and decisions at the December 2005 meeting of the International Accounting Standards Board: Accounting Standards for Small and Medium-sized Entities Conceptual Framework Fair Value Measurement Financial Instruments Puttable at Fair Value Insurance Contracts Joint Ventures Short-term Convergence – Income Taxes .

  • China moves toward adoption of ISAs

    Dec 23, 2005

    The Chinese Auditing Standards Board (CASB) and the International Auditing and Assurance Standards Board (IAASB) have released a joint statement in which the CASB states its intention to converge Chinese auditing standards with the IAASB's International Standards on Auditing (ISAs).