Read CA Mag editor Rob Outram's online diary
Last Thursday’s PPA Scotland Awards proved to be a good night for CA Magazine.
It’s too early to say whether the package of fiscal measures to boost the economy in Alistair Darling’s Pre Budget Report represents bold but astute action, or a reckless gamble with all of our futures.
The government’s insistence that “it’s our way or no way” on the Lloyds TSB/HBOS merger means there is no level playing field.
Read ICAS chief executive Anton Colella's blog
A fair fight
| Last updated 14 Oct 08
Fair value accounting is in the crosshairs of criticism from lawmakers in the US and Europe. The proponents of removing fair value argue that it has fuelled the economic crisis. ICAS does not share that view – we strongly believe such a move would represent a move to conceal the truth. On that basis, I thought you would like to see a letter which I have sent to the Prime Minister, the Business Secretary, the leader of the Opposition and the EU Commissioner for Internal Markets and Services
To use an analogy, I believe that accounting professionals can be seen as nurses to the markets – ensuring that strong medicine is given to cure the illness of over complex products and over valued stocks. Yes – that has led to writedowns. Yes – these have not been popular with investors or management. But what was the alternative? A situation similar to Japan in the 1990s, where the financial sector was sleepwalking for the best part of a decade and the economy suffered accordingly?
An unparalleled line up of speakers will be at the CA Conference at Gleneagles next week to help us make sense of the current economy, and look at what the future holds
Notes from a nearly-qualified CA
Unfortunately it's for all the wrong reasons...and the majority of us are set to pay the price for some bankers' fixation on their annual bonus
GB's athletes are feeling the heat in Beijing, and so am I in the office...
Starting a new job and wrapping up my old position is taking up all my time