All articles by Stephen Bouvier – Page 24
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Special Report
Liabilities & Matching Strategies: More bedtime reading from ASB
Stephen Bouvier looks at the UK ASB’s latest recommendations on pension liability accounting, and how they fit with ongoing IASB efforts
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Features
Presentation revisited
The most controverisal aspect of the IASB’s shake-up of financial statement presentation is the move to a so-called single statement of comprehensive income.
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Features
Presentation matters
The IASB’s joint work on financial statement presentation alongside its US counterpart the FASB, has largely been the stalking horse of the IASB’s efforts to revise IAS19. The FSP project has as its objective the development of an accounting standard that will mandate how entities organise the financial information in their financial statements.
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News
DB disclosure proposals are 'dross' - IASB chairman
[17:00 CET 29-01] GLOBAL - IASB chairman David Tweedie has slammed staff proposals for improving defined benefit disclosure proposals as "dross".
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Features
A handmaid’s tale
The memorandum of understanding (MOU) between the International Accounting Standards Board and its US counterpart, the Financial Accounting Standards Board is key to understanding why European businesses are in danger of drowning in what increasingly resembles a tide of accounting effluent.
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Features
Doing mortality to death
To invest time following the progress of International Accounting Standards Board’s (IASB) pensions project is generally to waste part of an otherwise productive existence.
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NewsConsultants see IAS19 'sticking plaster' as important first step
[15:30 CEST 25-08] GLOBAL - Pensions and investments consultants have expressed general support towards a what is described as a "sticking plaster" move by the International Accounting Standards Board (IASB), allowing companies to discount defined benefit post-retirement obligations against a government bond rate where they cannot comply with existing rules.
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NewsIASB trips up in corridor
[16:15 CEST 31-07] GLOBAL - A bid by the International Accounting Standards Board (IASB) to relax the requirements of IAS19 in respect of discount rate determination has run into the sand as staff and board have failed on three occasions to finalise transitional arrangements.
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Features
Euro lottery
The final meeting of the IASB’s Standards Advisory Council in 2007 was memorable for two reasons. First, participants, including the German delegates, were required to stand and observe a one-minute silence to honour British war dead. Second, of particular interest to those Belgian entities hit by a recent IASB decision ...
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News
Altering IFRIC 14 is right - consultants
[16:50 CEST 05-06] EUROPE - Two major pensions consultancy firms have broadly welcomed the recent move by the IASB to amend its asset-ceiling interpretation of IFRIC 14.
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News
Belgian pensions hit by IAS19 review
BELGIUM – Belgian pension plan sponsors could face a double-whammy of problems as a result of recent decisions made by the International Accounting Standards Board, a pensions consultant has warned.
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News
IASB postpones IAS19 discount rate decision
[16:30 CEST 01-04] GLOBAL - The International Accounting Standards Board has deferred any shake-up of the current IAS19 AA-rated corporate bond discount until at least 2011.
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Features
Coffee-break standard
For International Accounting Standards Board (IASB) chairman Sir David Tweedie, a short coffee break is also a chance to determine how businesses should present defined benefit (DB) pension costs in their financial statements.
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Features
The OCI trap
At its 23 January meeting, the International Accounting Standards Board (IASB) voted to scrap the options in IAS19 that allow pension plan sponsors to defer the recognition of what are often referred to as actuarial gains and losses in a entity’s profit or loss account.
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Features
A page or a phone book?
In case anyone has forgotten, the objective underpinning the IASB’s bid to overhaul IAS19 is to ensure that the users of financial statements, or analysts, have access to what the board likes to call timely and decision-useful information.
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News
'Flawed' IASB pensions measure to go in P&L
[15:15 CET 05-02] GLOBAL - The International Accounting Standards Board (IASB) has tentatively cleared a staff proposal that could see so-called pension plan remeasurements go straight into profit and loss on a company’s balance sheet, and possibly net of tax.
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FeaturesDebt dilemmas
The chairman of the International Accounting Standards Board (IASB), Sir David Tweedie, might do well to listen a little more closely to Berlin than to Washington. In line with problems outlined in November last year by the executive chairman of Germany’s DRSC accountancy standard setter, Heinz-Joachim Neubürger (see end), ...
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Features
IASB continues its comedy of errors
Further deliberation of the International Accouting Standards Board’s (IASB) preliminary views on pensions accounting kicked-off pretty much as we would expect, with staff failing to meet a self-imposed deadline, and a dose of unnecessary secrecy. The plan, said Andrea Pryde, on 19 November, was to “present an overview of the ...
