Accounting and Audit Quality



Financial Stability Board reports to G20 on progress of financial regulatory reforms

20 April 2012

Joint Update Note from the IASB and FASB on Accounting Convergence

20 April 2012
1. In 2006 the IASB and the FASB (the boards) agreed on a Memorandum of Understanding (MoU) that identified the short-term and longer-term convergence projects that would bring the most significant improvements to IFRSs and US GAAP. The MoU was updated in 2008. 2. The boards are close to completing the MoU programme: Most of […]

Improving Financial Institution Risk Disclosures and Next Steps

20 March 2012

FSB encourages further work to enhance the contribution of external audit to financial stability: Press release

15 March 2012

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