The UK Shareholders’ Association (UKSA) believes that the time has come to expose AIM companies’ reporting practices, good and bad, to public scrutiny. We have begun with ASOS and Ithaca Energy, top and bottom of the AIM 100.
The UK Shareholders’ Association (UKSA) wants ‘prudence’ to be fully restored as an accounting principle. The latest proposals by the International Accounting Standards Board (IASB) do not achieve this, so UKSA is calling upon the IASB to think again.
UK Shareholders’ Association directors are seriously concerned about faults in company reporting regulations concerning information about executive remuneration and apparent failures by the appropriate authorities to monitor actual remuneration reporting practices.
A UK Shareholders’ Association (UKSA) paper published today finds serious deficiencies in the International Accounting Standards Board’s (IASB’s) attempt to assure equity investors that company accounts will be more dependable in future than has been the case in recent years.
Hot on the heels of the Brussels conference on EU proposals for a capital markets union (see previous news item), the UK Shareholders’ Association (UKSA) has sent the Commission its opinion on two vital matters for private investors.
What part do private investors have in the EU’s plans for a ‘capital markets union’ (CMU)? They may have to fight to be heard, because they are thought to be too risk averse and short-term oriented.
Three representatives of the UK Shareholders’ Association (UKSA) attended a conference in Brussels on 6th May to hear a series of eminent speakers, including the new financial commissioner, Lord Hill, discuss what CMU is likely to involve.