Accountants and regulators clash over banking standards

Risk has been a key watchword in the banking industry over the past 18 months, but accountants and regulators are at loggerheads over the idea of introducing sector-specific accounting standards to mitigate another crash.

While the lay press has been preoccupied with Barack Obama’s plans to segregate riskier investment banking transactions from retail banking, there has been a substantial debate going on the background about how banks should make accounting and regulatory provisions.

Continued...

» Register now

The full article is available to registered AccountingWEB members only. To read the rest of this article you’ll need to login or register.

Registration is FREE and allows you to view all content, ask questions, comment and much more.

Comments
davidwinch's picture

Crystal Palace in Administration

davidwinch | | Permalink

Crystal Palace have reportedly gone into administration today.

David