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  1. 7 hours ago

    Why there is never such a thing as a single true and fair view

    You have spent £2 on a lottery ticket. On Saturday evening you may be a millionaire. Or, more likely, not. But meantime, the...

  2. July 24, 2014

    Bank provisions: be prepared

    Masters of the Universe? No. In future bankers will have to be more like scouts with their promise to “be prepared”. New...

  1. 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 future in...

  2. June 18, 2014

    Accounting change means banks will need to put aside more capital

    New accounting rules on the way European banks book losses could mean they need to put aside more capital, adding to the...

  3. December 1, 2013

    Hedge accounting: more use, some problems

    Serendipity is wonderful. Europe’s securities markets regulator recently took the region’s top banks to task over the wide...

  4. October 3, 2013

    UK looks to counter IFRS rules critics

    UK authorities have tried to put an end to claims that international accounting standards clash with company law by making a...

  5. July 28, 2013

    EU lawmakers seek review of accounting standards compatibility

    A group of lawmakers in Brussels has added its weight to concerns about widely used accounting standards in the wake of the...

  6. July 21, 2013

    IASB rejects plea to ease discount rate

    Companies hoping for some relief from their bloated pension liabilities have been rebuffed by accounting rulemakers. Almost...

  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 23, 2013

    Insurance accounting – confusion to complexity

    Out of confusion comes an awful lot of complex debate. There is no doubt that new standards for insurance accounting are...

  10. June 20, 2013

    Insurers signal opposition to proposed rule changes

    Insurance companies have given a lukewarm response to efforts to overcome their resistance to a long-delayed overhaul of the...

  11. June 18, 2013

    Accounting standards changes create more uncertainty for insurers

    On top of the uncertainty about capital requirements, insurers are also facing changes to international accounting...

  12. 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, under...

  13. May 6, 2013

    Insurers: fair value

    “Truth? What truth?” Chekhov’s Madame Ranevskaya was neither a bean-counter nor an insurer. But as a defiant relativist, she...

  14. 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 banks...

  15. 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...

  16. March 7, 2013

    Banks: bracing for losses

    Nobody likes losses. There are those who ignore them – say, a homeowner who disagrees with a low price for his property and...

  17. February 10, 2013

    Disclosures about hedging must improve

    Derivatives use is widespread across financial and non-financial institutions for hedging and trading activities, with...

  18. February 6, 2013

    An eternal chancer critiques RBS failures

    The $610m fine for Libor-fixing fielded by Royal Bank of Scotland prompted a revealing email from a reader, as follows:...

  19. 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 that it...

  20. 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 Supervision,...

  21. FT Alphaville

    January 3, 2013

    Operating leases: the old skool of off balance sheet vehicles

    Operating leases may not sound all that sexy, but they are a great way to get liabilities off balance sheet. Even better,...

  22. 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...

  23. 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 their...

  24. 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 set...

  25. November 26, 2012

    Pension changes to hit UK transport groups

    Passenger transport groups are preparing investors for changes to pensions accounting rules that look set to shrink reported...

  26. 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...

  27. 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...

  28. 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 carrying...

  29. September 26, 2012

    Cameron should say no to BEADS deal

    David Cameron does not look to German Greens for defence advice. Pity. Teutonic tree-huggers doubt the national benefits of...

  30. 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 to...

  31. September 16, 2012

    Mutual insurers warn over rules switch

    Britain’s mutual insurers have sounded the alarm about plans from accounting standard-setters to change their system of...

  32. 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 the...

  33. FT Alphaville

    July 20, 2012

    The (early) Lunch Wrap

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

  34. 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 Standards...

  35. 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 fall...

  36. 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 Exchange...

  37. June 20, 2012

    ‘Gobbledegook’ result for charities

    Two charities have split a £1,000 prize after FT readers rose to a challenge to translate into lucid English a letter about...

  38. 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 of...

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