It's time to change the rules

Article Abstract:

The future for accountancy is being debated in 2000 by the United States Securities and Exchange Commission and the professionals. The importance of the basic role needs to be maintained while incorporating the impact of innovation and technological change.

Author: Schiro, Jim
Powers and duties, United States. Securities and Exchange Commission

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Gaining momentum

Article Abstract:

The International Accounting Standards Committee's Steering Committee on Insurance has released an issues paper on insurance accounting. A key decision by the Steering Committee was to concentrate on insurance contracts, rather than insurance enterprises.

Author: McGregor, Warren
Insurance

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IAS: the irresistible force

Article Abstract:

International Accounting Standards are still under discussion in 2000, but the impact of market forces looks likely to ensure their success. International firms will begin to use these standards forcing local rules to be adapted.

Author: Damant, David
Business, International aspects

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Subjects list: Standards, Accounting
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