Global Accounting Rule Ends Leeway Over Operating Profit April 9, 2024 By Huw Jones Companies will have to publish standardized operating profit figures from 2027 under new requirements from a global accounting rulesetter to...
Britain Says Global Accounting Rules Are Crimping UK Economy February 22, 2023 By Huw Jones A central plank of global accounting rules has become a “performance penalty” which holds back investment in Britain, its financial...
Global Insurance Accounting Rules Under IFRS17 to Be Amended June 27, 2019 By Huw Jones An international standard setting body has proposed a one-year delay and changes to the first global accounting rule for insurance...
New Global Insurance Accounting Rule Could Be Delayed One Year November 14, 2018 A global standards body has proposed a one-year delay to implementing its new accounting rule aimed at increasing visibility in...
New Accounting Rule Could Serve Up Surprises at Buffet’s Berkshire Annual Meet May 4, 2018 By Katherine Chiglinsky and Noah Buhayar Berkshire Hathaway Inc. investors should get ready for a bumpy ride. Warren Buffett’s company is scheduled to report earnings Saturday...
Ebix, Goldman Sachs Terminate Merger Agreement Amid Probe June 20, 2013 Ebix Inc., a supplier of software and E-commerce services to the insurance industry, announced that it and an affiliate of...
Accounting Rules to Hurt Insurers’ Ratios But Not Ratings: Moody’s October 20, 2011 New accounting rules intended to align U.S. insurers’ varied approaches to accounting for deferred acquisition costs (DAC) will negatively affect...