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Ernst & Young Monthly News February 2009

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Legal News – January 2009

(PDF, English, 106 kB)

Legal effects for foreign nationals of the Schengen Association Accord

IFRS outlook – January 2009

(PDF, English, 473 kB)

What is next for the IASB’s extractive activities project? / Revenue recognition - a new approach / Financial reporting developments / Resources

Supplement to IFRS outlook #28: ED Investments in debt instruments - proposed amendments to IFRS 7 – January 2009

(PDF, Englisch, 94 kB)

The IASB has published an ED proposing amendments to IFRS 7 Financial Instruments: Disclosures that would require further disclosures for investments in debt instruments that are not accounted for as at fair value through profit or loss. As the proposal requires adoption for 2008 year-ends, entities will face the challenge of having only a very short period of time to gather the necessary additional information.

China Tax & Investment News – January 9, 2009

(PDF, English, 226 kB)

China starts second wave of the country's tax reform amidst a global economic slowdown

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