International Accounting Standards Board

Reporting Leases, China Bond, Consumer Bureau: Compliance

Accounting changes that would require companies to report more of their leases as assets and liabilities may encourage businesses to structure shorter-term rental agreements that could hamper the ability of lessors to predict cash flows, according to Fitch Ratings.

New Accounting May Prompt Shift to Short-Term Leases, Fitch Says

Accounting changes that would require companies to report more of their leases as assets and liabilities may encourage businesses to structure shorter-term rental agreements that could hamper the ability of lessors to predict cash flows, according to Fitch Ratings.

It's Official (Sort of): JPMorgan Is World's Biggest Bank

JPMorgan Chase & Co. is the world's largest bank by total assets, using the best available data for apples-to-apples comparisons.

U.S. Banks Bigger Than GDP as Accounting Rift Masks Risk

Warning: Banks in the U.S. are bigger than they appear.

Banks Should Recognize Credit Losses Earlier, IASB Says

Banks should be required to recognize losses on credit portfolios before the assets go into default, an international accounting standards body said today.

IASB Proposes Accounting Rules to Clarify Bank Value

Europe’s accounting standard-setters proposed rules to streamline how banks book complex financial instruments, in an attempt to make it easier to understand banks’ value.

G-20 Leaders' Statement on Imbalances, Currencies From Seoul Meeting: Text

The following is a reformatted version of a statement released today by leaders of the Group of 20 economies after talks in Seoul.

Accounting Board Should Focus on China Over U.S., ICAEW Says

The International Accounting Standards Board should stop trying to get the U.S. to adopt its standards and instead focus on China and other countries that are more willing to follow the rules, a U.K. group said.

Basel Chief Concerned Over Accounting Differences on Loan Losses

Global banking regulators are concerned that loan losses will be treated differently under international and U.S. accounting standards, the chairman of the Basel Committee on Banking Supervision said.

Libor Arrests, AIG Bailout Ends, EU Transfers: Compliance

A former Citigroup Inc. trader is among three people held in the first U.K. arrests as part of global probes into tampering with the London interbank offered rate, according to two people familiar with the matter.

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HP’s Whitman Reassigns Bradley in Revamp Amid PC Slump

Icahn Urges Dell to Commence $14-a-Share Tender Offer

Asian Futures Tip Gains as U.S. Jumps on Fed; Gas Rallies

Sushi Aid in $1 Trillion U.S. Farm Bill Irks Watchdogs

NYSE Attack Said Prevented by U.S. Surveillance Program