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Latest News

News briefs: FAF appointment
24 October, 2014 Mary Crotty has been appointed chief operating officer of the Financial Accounting Foundation (FAF), the oversight organisation of the US accounting standard-setting body the Financial Accounting Standards Board or FASB
  • AICPA defies federal crackdown on partnership retirement policies
    22 October, 2014 The American Institute of Certified Public Accountants (AICPA) has called on the Equal Employment Opportunity Commission (EEOC) to stop what it considers to be "unwarranted and unnecessary" investigations of accounting partnerships regarding the...
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Latest Features

A seventy-two-trillion-dollar question?
03 October, 2014 Should governments taste a dose of their own medicine and mirror the accounting principles they demand for private sector corporations? Carlos Martin Tornero takes a look at the American case
  • Fair corporate tax regime faces uphill task
    05 September, 2014 On the eve of the first deadline for the OECD’s Base Erosion and Profit Shifting action plan, hesitation in the business world and scepticism among critics are calling the mission into question, Isabella Grotto reports
  • 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
  • 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
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Blogs

Guest blog: Accountability.Now - We must enhance government accountability and transparency
24 October, 2014 By Andreas Bergmann, Chair, International Public Sector Accounting Standards Board |In the public sector, the lack of transparency and accountability presents a major risk to the efficiency of capital markets, global financial stability, and long...
  • Integrated Reporting – tackling the director liability challenge
    21 October, 2014 The potential legal liability arising from forward-looking disclosures gives ammunition to those who are hostile towards IR to delay adoption until the regulatory environment becomes more conducive to change, writes CPA Australia chief executive...
  • Balance essential to address going concern
    25 September, 2014 A CPA Australia research initiative has been examining auditor reporting of Australian Stock Exchange (ASX) listed companies before, during and after the global financial crisis with a focus on the extent of going concern.
  • 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...
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