Articles about Accounting Standards

Commerce Minister Simon Power today welcomed Parliament's passing of the Auditor Regulation and External Reporting Bill.

Commerce Minister Simon Power has today announced the members of the soon-to-be established External Reporting Board (XRB).

The New Zealand Institute of Chartered Accountants (NZICA) and the Institute of Chartered Accountants of Scotland (ICAS) are working on a project to reduce disclosure requirements in International Financial Reporting Standards (IFRS).

Earlier this week Netprophet reported on how results in the current reporting round for listed companies have been distorted by more than $1 billion. (Story here)

In this article we link to examples of how deferred tax works. This document has been prepared by Rob Challinor.

The accounting profession's role in enhancing capital markets is a critical one says Securities Commission chairman Jane Diplock.

As KiwiSaver gains prominence in New Zealanders' retirement savings planning, the need to compare providers' results on a consistent, reliable basis becomes more important.

I've worked for two organisations that most New Zealanders are encouraged to call without delay when tragedy strikes. For my part I've turned up, sometimes first, sometimes with other colleagues to take over and cope with an event that was well beyond the training or experience of the people who befallen it or even witnessed that event.

Tax policies are the latest culprit to be fingered for the recent global financial crisis, according to a new report from the Association of Chartered Certified Accountants (ACCA).

Chartered accountants will need to hold specialist standards on investment or insurance advice to qualify as authorised financial advisers under the proposed competency standards for financial advice.

Commerce Minister Simon Power is proposing to strip the accounting profession of self-regulated oversight of auditors after damning criticism from the Registrar of Companies regarding the collapse of the finance company sector.