IASB's Sir David Tweedie explains proposal for 'regulator's page' in companies' financial statements to meeting of European finance ministers
European finance ministers will consider including regulatory data in financial statements under a plan which may break the stalemate between regulators and accountants in the wake of the crisis.
Sir David Tweedie, chairman of the International Accounting Standards Board (IASB), told a meeting of European finance ministers about a proposal to set aside a page within companies’ financial statements which could be used to regulate banks.
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