Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: form 3cd :: VAT Audit :: TDS :: ACCOUNTING STANDARD :: empanelment :: cpt :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: VAT RATES
 
 
« General »
 Top House tax writer suggests measures to mitigate the impact of the border tax
 Consumer goods distributors, wholesalers to bear the brunt of GST
 GST classification woes to continue
 There will be no tax on farm or agriculture income
 RBI, Income Tax Acts to be amended for electoral bonds, Jaitley says
  Clarifications on the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016
 I-T zeroes in on Mumbai trader in first crackdown after demonetisation
  Tax queries answered by Dilip Lakhani, Senior Chartered Accountant
 Income Tax Department Failed To Unearth Black Money Despite Information
 Govt filing twice as many cases as private cos in Supreme Court
 Taxes under GST 'to increase a bit', says CBEC Chairman

Foundation Chairman of IFRS passes away
December, 20th 2010

Tommaso Padoa-Schioppa, who was appointed only six months ago to oversee the board that sets international accounting standards, died of a heart attack on Saturday night.

The 70-year-old Italian economist was considered to be one of the architects of the euro and was a member of the European Central Banks first executive board as well as Italys former economic minister. In June, he was appointed as chairman of the board of trustees of the International Accounting Standards Committee Foundation, which recently changed its name to the International Financial Reporting Standards Foundation (see IASC Foundation Picks New Chairman). The foundation oversees the International Accounting Standards Board, which is in the process of converging IFRS with U.S. GAAP in conjunction with the U.S. Financial Accounting Standards Board.

Padoa-Schioppas sudden passing stunned Italys political and economic elite, according to the Associated Press. He reportedly died while eating dinner with a group of friends in Rome.

IASB chairman Sir David Tweedie lamented Padoa-Schioppas passing, as did several other members of the IASB and the Monitoring Board of government regulators, which also oversees the IASB. Tommaso possessed a rare combination of intellect and vision, delivered with a wry smile, Tweedie said in a statement. He was a friend and colleague and will be missed by many, many people. I am greatly saddened by this news. On behalf of the IASB and the staff of the Foundation, we send our sincere condolences to his family.

On behalf of all members of the Monitoring Board, I would like to communicate our deepest condolences on the most saddening news of the passing away of Tommaso, said Masamichi Kono, acting chairman of the Monitoring Board of the IFRS Foundation. We have all benefitted enormously from his wisdom and candor, and were looking forward to working with him in the near future on various reforms. It is a tremendous loss for all of us.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Outsourcing Company Offshore Software Outsourcing Software Outsourcing Company India Offshore Outsourcing Company India Software BPO Software Business Process Outsourcing Software Outsourcing India Offsho

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions