A new age of austerity As this marks the final issue of The Treasurer before the onset of a new decade, it’s tempting to look back over the last 10 years and the events that have shaped the era.
Looking for the final scoreThe hue and cry over accounting for financial instruments has been drowned out over the last 12 months by the more general but louder anguish over the financial crisis.
The sharp knives of the ignorant The speech by the Bank of England’s Andy Haldane, reported on page 32 of this issue, took as its premise that there has been a breakdown in trust in the financial
The International Accounting Standards Board (IASB) is moving rapidly to replace IAS39 with a significantly different standard during 2010. Exposure drafts are coming out in stages during 2009 with the first on classification and measurement published in mid July. http://www.iasb.org.