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Roger Marshall, who was a party responsible for introducing the so-called international accounting standards (IFRS) in the UK, has been appointed to lead Board (ASB) accounting standards for allegations that the application of IFRS caused a "regulatory fiasco."

Mr Marshall, who was the Board of Directors of the SBA when it approved the controversial IFRS26 was appointed to the SBA, while an official replacement for Ian Mackintosh is effectuée.Il may apply to stay permanently.

Mr. Mackintosh is eight months gardening leave after being appointed Vice-President of the International Accounting Standards Board.

An accountant said: "in view of the storm on IFRS, it seems crazy to appoint a person who played a role in his introduction here before the controversy is disabled.

Last week, Lord Lawson, who sits on the House of lords Economic Affairs Committee said the evidence that he saw gave her concerns that he has "serious problems" with the British Columbia Colombia accounting standards .the ' former Chancellor heard evidence that the system may have hidden risks in British and Irish banks that caused to explode during the financial crisis.

Friday, the ACSB recognized controversy, saying that he was "knowing that there are differing views" but always proposed the extension of the IFRS for small and medium-sized enterprises, supporting standards are necessary in order to "simplify" the current rules.

Today, the Lord is set to hear evidence on the question of whether the influence of the "Big Four" in the United Kingdom accounting.

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