Prem is in action on IFRS 8 in the Guardian today. As ever he is bang on target. PS And read Alex Hawkes on this
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Yet more need for country-by-country reporting
The New York Times has reported on regulation of financial markets in the light of the sub-prime crisis. It has noted that: As geographical boundaries
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Prem Sikka on the IASB
Prem Sikka has a blog column on the Guardian site. Today he argues: International accounting standards are colonialism in another guise, allowing tax avoidance while
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IFRS – compounding the problem, and auditors are neglecting their duty to say so
I wrote recently about how IFRS pension accounting would compound the current financial problems created by the irrational behaviour of the world’s so called financial
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Why we need country-by-country reporting
Someone (I’ll mention no names) sent me an email on the above, which said: Might be nice to see the geographic segmentation of mortgage assets
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IFRS 8 – TJN makes a further submission to the European Commission
On Friday I made a further submission on behalf of the Tax Justice Network to the European Commission team considering the adoption of IFRS 8.
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Geographic reporting is a legal requirement under EU law
Under IFRS 8 on segment reporting the only geographic reporting required is a split of turnover between that arising in the country of incorporation and
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Should accounts be about stewardship?
I always believed the whole purpose of financial reporting was stewardship: the directors reporting to the shareholders how they had used the assets entrusted to
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The ASB’s submission to Europe on IFRS 8 ducks the country-by-country issue
The UK Accounting Standard’s Board has published its submission to the EU on country-by-country reporting. It’s a dull document, without flair of any sort. Most
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