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FASB clarifies guidance for not-for-profit grant and contribution accounting
The Financial Accounting Standards Board (FASB) has clarified accounting guidance for contributions of cash and other assets received or made by... read more
IMA updates competency frameworks to reflect advances in technology
The Institute of Management Accountants (IMA) has released an exposure draft of its enhanced competency framework to reflect the skills management... read more
CPA Canada and HKICPA sign reciprocal membership agreement
The Chartered Professional Accountants of Canada (CPA Canada) has signed a reciprocal membership agreement (RMA) with the Hong Kong Institute of... read more
KPMG UK called out over audit quality by watchdog
KPMG UK has been scrutinised by the Financial Reporting Council (FRC) for “unacceptable deterioration” of their audit quality. A half of KPMG’S... read more
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IFRS 9: are we ready for another crisis?
With the 2008 Banking crisis a decade old, Jonathan Minter speaks to Burkhard Eckes, chair of the Banks Working Party, about the work of the group... read more
Australia: risk management loses out to profit
The FRSC first commenced its hearings in February under the watchful eye of former High Court Justice Kenneth Hayne. It quickly emerged that... read more
ICAS: Keeping reputation front and centre
Jonathan Minter speaks with the new president of ICAS, Sandy Manson, about the profession’s reputational and technological challenges, and how to... read more
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Latest Comments More
Corruption in the crosshairs of ethics auditors
We are living in a historical time. Delações premiadas (plea bargains in exchange for reduced sentence or pardons) are the opening lines of a book about Brazil that everyone thought existed, but that hadn’t been exposed in its details, structures and the painful reality of corporate fraud. Among the countless revelations published daily by the media, people also came to understand the role of the internal auditor, one of the leading roles in the eternal fight between ethics and crime. Its mission is to mitigate risks, prevent financial loss and identify processes that could be corrupted by criminals, even if that means pointing out a slip by a colleague of years of experience. read more
Zambia receives €17m in financing from EU to improve PFM
Earlier this month, the government of the Republic of Zambia and the EU signed a €17m financing agreement to improve public financial management (PFM) in Zambia. This agreement and funding will contribute to the improvement of the planning, budgeting and budget implementation capacities in the African country. read more
Editor's letter: Arrivederci Accountancy
Arrivederci Accountancy read more