The IFRS Foundation today published the Spanish translation of the complete label linkbases for the IFRS (International Financial Reporting Standards) Taxonomy 2010. It is the first planned translation of the IFRS Taxonomy 2010 into a number key languages that will be published over the coming months. To read more about this, click here.

FEE (the Federation of European Accountants) is pleased to provide you with its comments on the CESR Consultation Paper on “Development of Pan-European Access to Financial Information Disclosed by Listed Companies” (CESR ref. 10-719c).
FEE supports the use of electronic applications in financial reporting at large and therefore supports a more integrated approach in relation to the pan-European access to financial information disclosed by listed companies at EU level. In this context we provide some general observations from the perspective of auditors and accountants which we trust will be useful for CESR in further work in this area. To read more about this, click here.

Having fought for more than a year in favour of a radical reform of European financial supervision, the European Parliament on Wednesday gave the final seal of approval to a package of reforms which will see a fundamental shift in the way banks, stock markets and insurance companies are policed as of 2011. To read more about this, click here.

Norwalk, CT, August 31, 2010—The Financial Accounting Foundation (FAF) today announced the availability of the proposed 2011 U.S. GAAP Financial Reporting Taxonomy for public review and comment. The FAF is responsible for the ongoing maintenance of the taxonomy applicable to public issuers registered with the U.S. Securities and Exchange Commission (SEC). The deadline to submit written comments is October 30, 2010.