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  • Robert Herz reappointed as FASB Chairman

    Jan 24, 2007

    The Trustees of the Financial Accounting Foundation have reappointed Robert H Herz as Chairman of the US Financial Accounting Standards Board for a second five-year term that begins 1 July 2007.

  • Comment deadline on fair value DP extended

    Jan 24, 2007

    The IASB has decided to extend the comment deadline on its Discussion Paper Fair Value Measurements to Friday, 4 May 2007. The deadline had been 2 April 2007. Click for More Information about the Fair Value Measurements Project.

  • IFRS preparers and auditors sought for IFRIC

    Jan 24, 2007

    The Trustees of the IASC Foundation have invited applications from suitable candidates to fill four vacancies on the International Financial Reporting Interpretations Committee (IFRIC).

  • Report recommends US recognition of IFRSs

    Jan 24, 2007

    A study commissioned by political leaders in New York City suggests that New York is in danger of losing its status as the world financial centre within ten years without a major shift in regulation and policy.

  • 11 revised public sector accounting standards

    Jan 24, 2007

    The International Public Sector Accounting Standards Board (IPSASB) has issued revised standards to increase the clarity and usability of International Public Sector Accounting Standards (IPSASs).