The combination of buoyant stock markets and rising bond yields have reduced the pension deficits of FTSE 100 companies based on the IAS19/FRS17 accounting standard to the current 42 bln stg from 50 bln stg at the beginning of October.

Sarbanes-Oxley Brings U.S. Firms IPO Earnings Abroad (Update1) 
Oct. 30 (Bloomberg) — For all the hand-wringing over the Sarbanes-Oxley Act, the accounting and governance law driving companies away from U.S. stock exchanges, America’s biggest securities firms are doing a record overseas business arranging initial public offerings.

Shaw Group to Restate Past Earnings 
BATON ROUGE, La. The Shaw Group said today its investigation into the timing of past stock options grants revealed an accounting error that resulted in the engineering and…

Inquiry on options widens to tax angle 
In the latest twist in the stock options game in the United States, some executives may have changed the so-called exercise date - the date on which options can be converted to stock - to avoid paying hundreds of thousands of dollars in income tax.

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