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Europe Daily Bulletin No. 8721

9 June 2004
Contents Publication in full By article 33 / 47
GENERAL NEWS / (eu) eu/financial services
European banks and IASB seek on Wednesday a compromise on IAS 32 and 39 for inclusion of derivatives in company accounts

Brussels, 08/06/2004 (Agence Europe) - During a meeting in Brussels on Wednesday, the European banks and the International Accounting Standards Bureau (IASB) will seek to overcome their last differences regarding IAS 39 and IAS 32 standards for accounting of derivatives in company results. The matter is urgent as both these standards should be rapidly adopted by the Commission to enter into force in January 2005, at the same time as the forty or so other IAS standards already adopted. The...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION