Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Assumption, they say, is the mother of all screw-ups. Indeed, the financial crisis shed light on many absurd ...

The Australian Securities and Investments Commission (ASIC) has made clear to company directors that they have an obligation to question the accounting assumptions contained in financial reports, even ...

The accounting rules that apply to U.S. companies are designed to produce accounting information that investors, regulators and the public can understand and trust as truthful representations of a ...

Things change. Even assumptions. When assumptions change - assumptions about interest rates, discount rates, actuarial projections, and the like - other things change as a result.It was the war in ...

(This Accounting Standard includes paragraphs set in bold italic type and plain type, which have equal authority. Paragraphs in bold italic type indicate the main principles. This Accounting Standard ...

The widening range of inflation assumptions and discount rates used in pension scheme accounting could cause a headache for investors, warns a consultant. Hymans Robertson's FTSE 350 Accounting ...

The range of accounting assumptions used by scheme sponsors to value pension liabilities narrowed significantly last year, according to research from KPMG. The consultant's Pensions Accounting Survey ...