08.12.2010 - Islamic finance: Move to improve accounting standards
From Arabnews.com: In the wake of the global financial crisis, it is not surprising that accounting and reporting standards, transparency and disclosure have been as much on the agenda as risk management, capital adequacy, stress testing and financial stability. Islamic finance, now being an acknowledged part of the global financial system and gaining increased acceptability, similarly needs to strengthen the accounting, financial reporting, auditing and disclosure standards within the industry..............................................Full Article: Source
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