Showing 141 - 150 of 462
Nicolas Véron responds to a consultation by the UK Financial Reporting Council and makes recommendations on how to address the audit market problem' resulting from the presence of only four international audit networks. Eventhough serious problems would be created by the disappearance of one of...
Persistent link: https://www.econbiz.de/10003488495
The ongoing financial crisis has revived the longstanding debate about fair value accounting. This policy contribution by Nicolas Véron argues that in times of market disruption, no accounting standards could lead to consensual outcomes, and that fair value remains better than proposed...
Persistent link: https://www.econbiz.de/10003755001
Nicolas Véron comments on the proposal for governance reform ('constitution review') published in May 2008 by the IASC Foundation, the private-sector body which oversees the setting of International Financial Reporting Standards (IFRS). He emphasizes the unprecedented nature of this global...
Persistent link: https://www.econbiz.de/10003755010
Persistent link: https://www.econbiz.de/10003851051
In this paper, presented to the Economic and Monetary Affairs Committee of the European Parliament, Nicolas Véron discusses whether the EU should adopt the controversial IFRS 8 standard, a convergence project on how companies should report the performance of their individual business segments....
Persistent link: https://www.econbiz.de/10003642518
Persistent link: https://www.econbiz.de/10003566433
Persistent link: https://www.econbiz.de/10003747925
This paper presents a holistic description and assessment of the European Union’s financial services policy since the start of financial crisis in mid- 2007. The decade-long sequence is divided into four themes, in broadly chronological order: the initial reaction to the 2007-08 financial...
Persistent link: https://www.econbiz.de/10011884528
Persistent link: https://www.econbiz.de/10011891328
The banking crisis in the euro area, which started in mid-2007 and has yet to be fully resolved, has sparked considerable debate and reform, most notably the initiation of banking union starting in mid-2012. But one issue that has been largely overlooked in the debate is the peculiar ownership...
Persistent link: https://www.econbiz.de/10011738317