Financial Regulatory Forum

Drive for international accounting convergence slows

By Huw Jones
LONDON, Aug 17 (Reuters) – The credit crisis is hindering as well as helping the drive to create a globally accepted set of accounting rules, and it may take intervention by world leaders to keep the effort on track.

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Regulators urge politicians to ease pressure for accounting changes

By Huw Jones
LONDON, July 28 (Reuters) – Accounting did not trigger the credit crunch and policymakers should avoid putting pressure on standard setters to make hasty rule changes without proper consultation, a high-level group of regulators said in a report on Tuesday.
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