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Latest News

Integrated reporting a “maiden effort” for Malaysian companies
02 September, 2014 Malaysia’s companies are considering using the framework of International Integrated Reporting Council’s (IIRC) to produce integrated reports.
  • US SEC issues $300,000 whistleblower award
    01 September, 2014 The US Securities and Exchange Commission (SEC) has issued a $300,000 reward to an employee who blew the whistle on company misconduct unearthed during the course of audit and compliance work, after the company's management failed to address the...
  • Public sector entities: IPSASB goes beyond semantics
    29 August, 2014 The International Public Sector Accounting Standards Board (IPSASB) released for comment a consultation paper (CP) to achieve a clearer, non-ambiguous definition of the subjects of its International Public Sector Accounting Standard (IPSAS)...
  • US investors renew call for audit partner disclosure
    27 August, 2014 The US Council of Institutional Investors (CII) has urged the Public Company Accounting Oversight Board (PCAOB) to pursue the inclusion of an engagement partner disclosure requirement into the scope of PCAOB’s policy standards agenda.
  • Indian public sector enterprises ready to IFRS convergence
    27 August, 2014 India's state-owned companies should join the country's businesses in adopting IFRS to increase their competitiveness in the global market, the government's Standing Conference of Public Enterprises (SCOPE) has advised.
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Latest Features

The virtue of transparency
29 August, 2014 Huguette Labelle, chair of Transparency International, tells Vincent Huck why transparency should be at the core of corporate reporting and describes the benefits for a company to be transparent
  • Cuba: Accountancy profession key to opening up economy
    31 July, 2014 A new law aimed at luring foreign investment into Cuba may bring unprecedented opportunities for the accountancy profession, but pose further questions about how a communist economy can coexist with the rules of the free market. Carlos Martin...
  • Countdown to PCAOB’s inspections of Chinese audit firms
    31 July, 2014 James Doty, chairman of the Public Company Accounting Oversight Body (PCAOB) shares his own views with Carlos Martin Tornero on recent developments of the US audit regulator, after his meeting in Beijing with Chinese counterparts
  • Standards converge after mass consultation
    16 July, 2014 The new standard on the recognition of revenue from contracts with customers has been generally well received, although it might represent the beginning of the end rather than the end of the beginning of the wider convergence project. Paul Golden...
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Hoaxes, stock exchanges and real-time reporting
19 August, 2014 CPA Australia chief executive Alex Malley reflects on environmental activist Jonathan Moylan's landmark case, whose hoax press release made drop $300m the market value of mining company Whitehaven Coal
  • Markets demand collaboration on audit quality
    25 July, 2014 By Alex Malley | Investors and businesses in today’s capital markets operate on the basis of a profound trust. That the wheels of “gatekeepers”, chiefly the market regulator, turn as one with core contributors on market integrity – such as...
  • Sustainable audit practice: Prepare to make fundamental changes
    04 July, 2014 By Fann Kor | In the current environment of increased fee pressure, the Institute of Singapore Chartered Accountants (ISCA) assistant director quality assurance Fann Kor, shares some strategies to efficiently manage audit engagements without...
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