standard-setters

International talking-shops and standard-setters are here to stay; instead of trying to bin them, focus on making them work well.

Now the accounting standard setters are dedicating themselves to transform the mix-attribute model into a full fair value accounting model.

So far, nipping means working with international standard setters to compel companies to disclose exactly what set of rules they are using.

Here standard setters' quest for intellectual consistency will run into a political quagmire.

US banks will have to value more of their assets at market prices under radical proposals unveiled by accounting standard-setters yesterday.

International standard setters should set out strengthened capital requirements for banks' structured credit and securitization activities.

Standard-setters should defuse the argument by making clear that their job is not to regulate banks but to force them to reveal information.

For a start, the widening split between accounting standard-setters is a huge difficulty.

Accounting standard setters seek to minimize the need for judgment by responding to requests for clarification of their rules.

IFAC standard setters well recognize that use of our guidance is dependent on its quality, which, in turn is dependent on our due process.

I hope that the CICPA's auditing standards board can be represented at our next meeting of standard setters .

Behind the scenes, they have been taking aim at someone else: the accounting standard-setters.

Accounting rules are under attack. Standard-setters should defend them. Politicians and banks should back off.

But the principle defence of standard-setters is that enhancing financial stability is not the purpose of accounting.

It may also help national standard setters to adopt the ISAs locally.

Standard setters frequently refer to it.

Accounting standard-setters, meanwhile, are not amused.

It is for national standard setters to ensure that such matters are appropriately dealt with at local level.

Standard setters hope to reach a definitive set of rules only by 2011.

Analysts and industry executives don't expect Mr. Jobs to readily share that power with other standard-setters such as Adobe.

Even if they leave procyclicality to bank regulators, standard-setters still have a lot on their plates.

In April the Institute of International Finance (IIF), a lobbying group, sent a confidential memorandum to the two standard-setters.

We think that for us to make that separation will assist national standard setters in the proper implementation of the ISAs.

But he adds: "I am not convinced that is sufficiently recognised by clearing houses or standard-setters. "

The global standard setters are Basel, the Financial Stability Board and Iosco [the International Organisation of Securities Commissions];