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    1. January 6, 2016

      Banks cheer demise of US accounting ‘abomination’ ahead of results

      Jamie Dimon, chairman and chief executive of JPMorgan Chase, once denounced the 2007 accounting rule as “one of the...

    2. March 23, 2015

      Wrangling over reserves blurs US bank performances

      Next week, finance departments at US banks will start scurrying to produce their first-quarter earnings statement. If...

    1. FT Alphaville

      December 3, 2014

      Further reading

      Elsewhere on Wednesday, - The Tally All Right, Get Even Truly (TARGET) system as told by Lorcan Roche Tolkien. - The...

    2. August 24, 2014

      Revenue recognition: judgment call

      Accounting is boring right up until the moment it moves share prices. Big changes in accounting standards are therefore...

    3. July 24, 2014

      IFRS accounting rules change forces banks to alter view of losses

      Tough new rules are set to push banks to take a hit on their balance sheets for losses they expect to make in the...

    4. FT Alphaville

      March 11, 2014

      The pool is closed, part 2 -- a history

      In part 1, we explained the basic differences between two accounting treatments for business combinations:...

    5. FT Alphaville

      March 11, 2014

      The pool is closed, part 1

      Can esoteric accounting rules help prevent a crash in tech M&A? The recent wave of deals is the biggest since the turn...

    6. February 21, 2014

      Overhaul of insurance accounting standards scaled back

      A long-running push to converge the accounting standards of US insurers with those elsewhere has been drastically...

    7. July 4, 2013

      The regulator who was wary of regulation

      For someone once accused of “drifting into a career”, Stephen Haddrill, chief executive of the UK’s Financial Reporting...

    8. June 30, 2013

      Accounting rule change undermines US banks

      While the International Accounting Standards Board sets the rules for public companies in most countries, the Financial...

    9. June 4, 2013

      Mark to market best to spot risky banks, says report

      An academic study has concluded that “mark to market” accounting is significantly more accurate than other accounting...

    10. May 17, 2013

      Accounting standards boards propose leasing rule changes

      Companies worldwide will be forced to list trillions of dollars of additional liabilities on their balance sheets,...

    11. FT Alphaville

      March 7, 2013

      Accounting convergence - lost?

      Enjoy! Some 148 pages of accounting-for-loan-losses reading: It’s the IASB’s latest version of its attempt to make...

    12. March 7, 2013

      Rift over forcing banks to deal with losses

      International accounting standard-setters have unveiled a fresh plan to force banks to set aside money earlier against...

    13. January 16, 2013

      Accounting rules body faces UK backlash

      The body that sets international accounting rules tried to head off a UK backlash on Wednesday, telling politicians...

    14. FT Alphaville

      January 15, 2013

      Sales, repurchases, and duct tape

      Cast your mind back to the Valukas report into the collapse of Lehman Brothers. Back to Repo 105, and the immortal...

    15. January 4, 2013

      Alarm at discord over bank accounting rules

      Transatlantic discord over new accounting rules for banks has caused alarm at the Basel Committee on Banking...

    16. FT Alphaville

      January 2, 2013

      Beancounters, having resolved not to resolve differences in derivatives netting, instead have cool new footnotes

      Netting of the mark-to-market of derivatives positions is attractive. It’s more efficient when it comes to posting and...

    17. January 1, 2013

      Lease accounting change worries Europe

      A global push by accounting rulemakers to force companies to recognise their true exposure to leasing obligations on...

    18. December 20, 2012

      US banks face rise in bad loans cover

      The US accounting standards setter has unveiled tough new rules that will increase the amount of money banks have to...

    19. November 7, 2012

      Lease accounting change faces objections

      Accounting standard-setters face an “uphill battle” in their attempt to force listed companies around the world to show...

    20. October 23, 2012

      Accounting convergence risks derailing

      A decade-long effort to converge US and international accounting rules is at risk of derailing, according to a report...

    21. October 14, 2012

      IASB chairman laments delays to reform

      The chairman of the International Accounting Standards Board has delivered a scathing assessment of its progress in...

    22. FT Alphaville

      October 11, 2012

      CFOs on earnings misrepresentation

      Something to distract from earnings season and perhaps unsettle you a bit: We provide new insights into earnings...

    23. September 18, 2012

      IASB warns of reduction in bank lending

      Banks could be deterred from lending under a new approach to bad loan provisioning being developed in the US, according...

    24. FT Alphaville

      July 20, 2012

      The Weekender

      This week on FT Alphaville, - More on Spain’s bail-in and the ECB’s U-turn, courtesy of Joseph… - … And while we’re on...

    25. FT Alphaville

      July 20, 2012

      The (early) Lunch Wrap

      Good morning, New York… FT ALPHAVILLE Of drama queens and international accounting standards: Erstwhile Alphavillian...

    26. FT Alphaville

      July 19, 2012

      'If this is going to unravel...'

      Oh, those international accounting standard-setters. Such drama queens. On Wednesday, the International Accounting...

    27. July 18, 2012

      Accounting bodies fail to agree loan standard

      Attempts to finalise new accounting rules that would force banks to provision for expected losses on their loans could...

    28. July 15, 2012

      IASB hits out at SEC stance on rules

      The chairman of the International Accounting Standards Board’s oversight body has rebuked the US Securities and...

    29. June 28, 2012

      Ex-FASB chief joins Morgan Stanley board

      Morgan Stanley has elected Robert Herz, the former chairman of the Financial Accounting Standards Board, to the bank’s...

    30. June 24, 2012

      US companies urged to put natural capital in accounts

      Last week’s Rio+20 summit was, essentially, all about the importance of environmental, social and governance (ESG)...

    31. June 4, 2012

      IASB doubts rules will ease boom-bust

      Banking regulators are wrong to hope that new accounting rules will curb cycles of boom and bust, according to the head...

    32. May 14, 2012

      Discord in push for accounting harmony

      Accounting reforms needed to shore up confidence in corporate reporting around the world are now set to be finalised at...

    33. April 8, 2012

      US union pensions hole deepens to $369bn

      The hole in the pension plans of US labour unions now stands at $369bn Credit Suisse has calculated with the aid of new...

    34. February 19, 2012

      Time to tighten rules on US pensions

      Last year was tough for US pension plans—both private and public. But while it looked like private plans were hardest...

    35. November 15, 2011

      US support for accounting harmonisation

      The US accounting standards setter has expressed cautious support for plans to incorporate international requirements...

    36. November 14, 2011

      Rulemakers drop reported sales figures plan

      Accounting rulemakers have abandoned a plan to make companies reduce their reported sales figures to reflect the risk...

    37. FT Alphaville

      November 9, 2011

      Findings in the Goldman Sachs 10q filing

      There’s a few interesting nuggets in Goldman Sachs latest 10q, which the bank filed on Wednesday. As Goldman’s 3Q...

    38. FT Alphaville

      November 7, 2011

      Find out what credit adjustments can do for you

      Valuation adjustments were the hot new item during New York bank earnings week. Everywhere we looked, bank CDS spreads...

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