1st May 2009:
The week that was and the week ahead
Following the decisions taken at the G20 meetings in London and Washington, growth and stability in our profession are clearly important issues so I was pleased to see other people sharing their views on these issues following my blog on the Huffington Post, and bloggers like Dennis Howlett continuing the discussion on their own sites.Following the G20 Summit [you can read my views here ] the issue of mark-to-market accounting remains at the forefront of the accountancy news agenda. The FASB earlier this month changed regulatory accounting rules, and I await with interest the impact that these alterations will have on accountancy and finance as a whole.
In the UK, ethics are still high on the agenda. I expect that this will remain the case for some time and rightly so. As the Guardian reported on Monday, the FSA is seeking to ensure that banks operate in an ethical way as well as wanting to create a more robust regulatory structure. A commitment to transparency must be a fundamental part of any framework the industry develops, and a principle that we as professionals must ensure we keep "front of mind".
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