Introduction To Accounting

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The FRC has concluded that, although the introduction of "presents fairly" into the accounting framework by the (Accounting Education)
The UK's Financial Reporting Council has today published its analysis of the implications of the new accounting and auditing standards on the 'True and Fair View' and auditors' responsibilities.

Regulator fails to reassure investors (Financial Times)
Investors remain concerned about perceived threats to the quality of financial reporting in spite of a regulator's attempt to bring clarity to a contentious debate on accounting and auditing.

Old Mutual's H1 profit up 29 pct, quiet on Skandia (Reuters.co.uk)
LONDON (Reuters) - Old Mutual, South Africa's largest insurer, reported robust profits and gave a positive outlook on Wednesday, but remained tight-lipped on the likelihood of doing a multi-billion dollar deal to buy Sweden's Skandia.

Scottish Power PLC announces 2005/06 1st Quarter Results to 30 June 2005 (Market Wire via Yahoo! Finance)
8 Contingent liabilities

Old Mutual says H1 profit up 29 pct (Reuters.co.uk)
LONDON (Reuters) - South Africa's largest insurer Old Mutual reported a 29 percent increase in first-half operating profit on Wednesday and said it was set to maintain this performance for the rest of the year.

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Delay may equal damage - BusinessNews - www.theage.com.au
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More Introduction To Accounting News Feeds:

Barter Company Takes Bartering Online to a Whole New Level
U-Exchange.com now offers a creative alternative to buying and selling for businesses and consumers with more options than ever before. [PRWEB Aug 10, 2005]

Free Airline Tickets and Other Rewards Not Far Away; Just Pay Your Bills
PayAnythingOnline.com allows users to pay any bill with a credit card. Users can earn airline miles and rewards or just manage their monthly cash flow by paying any bill with credit. [PRWEB Aug 10, 2005]

Natalee Holloway: A Wake-Up Call to Parents to Protect Children
How the plight of this 18-year old has changed the way parents feel about the safety of their children, and what they are doing to protect them. [PRWEB Aug 10, 2005]

K. Hovnanian Homes’ Raleigh Division Revisits NewHome101 Campaign, Introduces New Website
New home buyers and apartment renters in Raleigh, NC now have the tools needed to help with the home buying process, thanks to K. Hovnanian Homes in Raleigh. The homebuilder is currently running its second year of NewHome101, a campaign that highlights the advantages of buying versus renting, and buying new homes as opposed to old. The new website, www.NewHome101.com, provides mortgage calculators, new home planners and helpful tips for purchasing a home. [PRWEB Aug 9, 2005]

Echota Marks Halfway Point with 283rd Home Sale
Echota, a gated resort community in the mountains of Boone, North Carolina, reached its halfway point in new home sales. Echota is located within two hours of Charlotte, Hickory and Winston-Salem and approximately three hours from Raleigh. [PRWEB Aug 9, 2005]

How Do I Use This STINKING Thing?! Home PC Training Now Available From CBT Nuggets
Learn to use all the functionality of your home PC with How Do I Use This STINKING Thing?! training videos from CBT Nuggets. The videos cover everything from online shopping to personal finance, internet safety for children and digital media. [PRWEB Aug 9, 2005]

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