Sir David Tweedie, Chairman of the International Accounting Standards Board (IASB), has welcomed the decision of the Financial Reporting Council (FRC) of Australia to endorse formally the adoption of International Accounting Standards (IASs) and International Financial Reporting Standards (IFRSs) for Australian reporting entities by 1 January 2005. The FRC’s decision is in line with Australian Government policy and legislation calling for the international convergence of accounting standards. In addition, to assist in the development of international standards, the FRC proposes a substantial financial contribution to the IASC Foundation for 2002-2003. Australia’s adoption of international accounting standards closely follows the European Union’s decision of 7 June 2002 to adopt international standards for publicly traded companies within the EU.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more