European banks’ accounting practices have worsened as a result of the easing of fair value accounting standards, says Sir David Tweedie, head of the International Accounting Standards Board.
COMPANIES
By Jennifer Hughes in London
Published: November 7 2008 00:00 | Last updated: November 7 2008 00:00
European banks’ accounting practices have worsened as a result of the easing of fair value accounting standards, says Sir David Tweedie, head of the International Accounting Standards Board.