|
Country/Type of contributor |
System in place
|
Anticipated amount for 2008*
|
Europe
|
|
Germany |
Voluntary system of more than 100 private companies with maximum contribution of EUR 36,000 |
EUR 1,320,000 |
|
United Kingdom |
Levy on companies through the UK Financial Reporting Council |
£730,000 |
|
France |
Voluntary system of more than 80 companies with no company paying more than EUR 25,000 |
A target of EUR 1,000,000 with EUR 600,000 committed in 2007 |
|
Italy |
Levy on registered companies |
EUR 750,000 |
|
Spain |
Levy being established with support of the stock exchange and securities regulator |
EUR 500,000 |
|
Netherlands |
Contributions through the Ministry of Finance |
EUR 380,000 |
|
Sweden |
Funding through Föreningen för god sed på värdepappersmarknaden |
EUR 300,000 |
|
Switzerland |
Funding primarily collected through Swiss business associations (Swiss Banking Association and Swiss Holdings) |
EUR 250,000 |
|
|
Luxembourg |
Funding through the Bourse of Luxembourg |
EUR 50,000 |
|
Funding efforts are proceeding in other European Union Member States. Details of commitments will be posted when confirmed. |
Africa
|
|
South Africa |
Contributions through the South African Institute of Chartered Accountants in 2008; Levy being established for 2009 |
US$ 150,000 |
Americas
|
|
United States |
Voluntary system of 33 companies with range of contribution from $3,750-$200,000 |
US$ 3,600,000 |
|
Mexico |
Voluntary system of contributions |
US$ 50,000 |
|
Brazil |
Voluntary system of contributions |
US$ 15,000 |
|
Funding efforts are proceeding in Canada, and discussions are occurring with the Accounting Standards Oversight Council of the Canadian Accounting Standards Board. |
Asia-Oceania
|
|
Japan |
Voluntary system co-ordinated centrally, involving a range of Japanese market participants |
US$ 2,800,000 |
|
China, excluding Hong Kong SAR |
Voluntary contributions of Chinese listed companies through the China Accounting Standards Committee |
US$ 900,000 |
|
Australia |
Annual payment on behalf of private and public sector stakeholders in the Australia accounting standard-setters process |
A$ 1,000,000 |
|
Korea |
Voluntary contributions of Korean listed companies through the Korea Accounting Standards Board |
A target of US$ 500,000 with US$ 300,000 committed in 2007 |
|
India |
Contribution through major two exchanges, supported by securities regulator |
US$ 400,000 |
|
Hong Kong SAR, China |
Contribution through regulatory authorities and stock exchange |
US$ 195,000 |
|
New Zealand |
Annual payment through the Accounting Standards Review Board |
NZ$ 200,000 |
|
Funding efforts are proceeding in other countries in the Asia-Oceania region. |
Central Banks and International Organisations
|
|
Central banks and international organisations |
Voluntary payments |
US$ 530,000 (efforts ongoing) |
International Accounting Firms
|
|
Deloitte, Ernst &Young, KPMG, and PricewaterhouseCoopers |
Voluntary payments |
US$ 2,000,000 each |
|
BDO and Grant Thornton |
Voluntary payments |
US$ 150,000 each |
|
Mazars |
Voluntary payment |
US$ 100,000 |