GLG News by IFRS Accounting Specialists

The  US  subprime  crisis  has  created  opportunities  and  problems. The  Indian economic  figures  having  been  giving  strong signals leading the markets  in  India    to  be  on  a  continuous ...

China forsee the problems going to happen if not let the overflow funds out of the country, inflation higher, stock market become a gambling place and over development in the country. So the China government target US as a place to release the funds.

A  recent  conference  at  the  UN  in  September  did  not  achieve much  in  technical  terms  on  how  to  combat  climate  change. Yet  the  fact  that  the  conference  took ...

Article suggests that SEC is looking into insiders' trade activity within Rule 10b5-1.  Article hints that this could be the next "option backdating" type scandal. It is not clear to what degree evidence is indicative of illegal trade within the Rule.

Singapore as a multi culture and multi lingua country is the pioneer in looking for new markets.  After investing in China and India and now  turn to Latin America, which are most resourceful countries in the world now in term of raw materials, lands and man power.

The  FASB-IASB  convergence project  appears  to  be  in  confusion. The  revised IAS 1  effects  28  international accounting  standards (IAS and IFRS)  and  by  simply  changing  the  nomenclature  of ...

WHY PROPER The idea of having International Financial Reporting Standars is appropriate in view of the current wave of globilization. Its implementation is providing one important facility for free movement of capital and reporting on its performemnce. However, there are major considerations that...

Internationalization of business and capital markets has resulted in an economic environment that would be improved by uniform procedures for financial statement preparation. This would benefit investors, lenders, financial analysts, accountants, and auditors. The IASB has developed International Financial...

The latest  efforts  of  the  Fed  will  probably  be  successful.The  subprime  crisis  will  probably  be  capped.  The long  term  effects  will  remain. The  global economic  system  has ...

China wants to move to knowledge economy instead of low cost industries. China facing stringent rules on safety for their products. China sets law and cut subsidies on high polluting and low technology products. China wants to made their own products instead of low end products.