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  • EU public consultation on improving financial information

    18 May 2004

    The European Commission is undertaking an electronic Public Consultation on matters relating to (a) board members' responsibilities for financial and key non-financial information, (b) disclosure of related party and intra-group relationships and transactions, and (c) disclosure of corporate governance practices by listed companies in a proposed corporate governance statement.

  • FAF chairman expresses concern re Congressional interference

    18 May 2004

    Robert Denham, the chairman of the Financial Accounting Foundation (which oversees FASB), has expressed "grave concern" over the approval of draft legislation that would pre-empt a FASB standard on share-based payment (see our news story of 15 May).

  • IASB meets today, tomorrow in London

    18 May 2004

    The IASB will meet at its offices in London on 18-19 May 2004. An issue related to Financial Reporting by Small and Medium-sized Entities has been added to the Meeting Agenda. .

  • IFRS copyright release in New Zealand

    16 May 2004

    The Institute of Chartered Accountants of New Zealand has Announced (PDF 27k) that the New Zealand government and the IASC Foundation have reached a copyright agreement that will allow the free use of IFRSs in New Zealand. .

  • EFRAG comments on IFRIC D5

    15 May 2004

    The European Financial Reporting Advisory Group (EFRAG) has submitted to the IASB its Letter of Comment on IFRIC D5 (PDF 42k).