By Huw Jones
LONDON, Sept 30 (Reuters) – The top accounting rule setter said on Wednesday that U.S. plans to widen the scope of a rule blamed for amplifying the credit crunch was unacceptable, raising doubts over a 2011 deadline for a global set of accounting rules.
International accounting board rejects U.S. “fair value” rule plans
G20 states unlikely to come clean on government accounting
By Huw Jones
LONDON, Aug 24 (Reuters) – Governments are responding to the credit crisis by trying to make corporate accounting more transparent. But they look set to resist pressure to come clean on their own finances.
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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