Accounting rules with new control
Two committees are due to hear the evidence that the banks have operated dangerously "flawed" rules photo: ALAMY
Accounting standards (ASB) Council was given in months of lobbying from Tim Bush, a Fund Manager and has agreed to hear the argument that rules have contributed to the collapse of banks in 2008 - and even compromise the system.
Separately, the House of lords Economic Affairs Committee is set to hear evidence on the role of checks in the banking crisis of mardi.Le Committee called Stella Fearnley, a Professor of accounting at the University of Bournemouth, who has reached the same conclusions as President Bush.It should give a devastating assessment of bank accounting.
President Bush, a member of the urgent Issues Task Force examines the SBA has recently written a very busy in the Government of a "regulatory fiasco" warning letter in British banks have apparently joined Declaration erronées.Il standards argued that applied to banks, some parts of the International Financial Reporting Standards "false profits and overvalued capital product" who "deceived misled shareholders, the Bank of England, FSA and other creditors.
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