Proposals and recommendations have been made in a number of reports in an attempt to encourage firms to adopt of "best practice", as identified by the Group of Thirty, through public disclosure requirements and rules for determining the amount of regulatory capital to support trading and...

The fundamental financial instrument approach of the FASB proposes that a compound instrument, such as a convertible bond, can be understook as being made up of fundamental financial instruments. Two methods of accounting for a convertible bond are seen as consistent with this approach: (a)...

The debate about the taxation of share options is not new. In fact there is a sense of deja vu about many of the arguments made by various parties following the Chancellor's announcement of abolish income tax relief on share options.