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IPSAS 41 aims to improve financial instruments reporting

  • Published: 15 Aug 2018

The International Public Sector Accounting Standards Board (IPSASB) released IPSAS 41 which aims to improve the relevance of information for.... read more

FRC questions advisory work role in audit independence

  • Author: Joe Pickard
  • Published: 15 Aug 2018

The independence and objectivity of PwC’s audit of British Home Stores (BHS) parent Taveta Group may have been compromised by the level of advisory.... read more

ICAEW: Actions need to be taken in order to prevent the next financial crisis

  • Published: 14 Aug 2018

The foundations for the next financial crisis are on its way unless a sense of purpose is embedded in financial services according to the report.... read more

PCAOB censures Breard & Associates

  • Published: 10 Aug 2018

The Public Company Accounting Oversight Board (PCAOB) has censured Breard & Associates. It has revoked the firm’s registration as well as imposing.... read more

Fired up FRC issues record ban

  • Author: Joe Pickard
  • Published: 9 Aug 2018

The UK’s Financial Reporting Council (FRC) has issued a record period of exclusion from the profession for three people.. read more

FRC faces questions over scope of powers

  • Published: 8 Aug 2018

The chair of the House of Common’s work and pensions committee Frank Field has challenged The Financial Reporting Council (FRC) on why the full.... read more

IIRC launches Academic database

  • Published: 8 Aug 2018

A new academic database has been launched by the International Integrated Reporting Council (IIRC), bringing together over 200 academic studies.... read more

IRBA claims ‘encouraging signs’ from mandatory audit rotation

  • Published: 7 Aug 2018

Since the South African Independent Regulatory Board for Auditors (IRBA) began tracking audit firm rotations in January 2017, a total of 12% of.... read more

AICPA recruits Grant Thornton partner for Assurance Services Executive Committee

  • Published: 1 Aug 2018

The American Institute of CPAs (AICPA) has recruited Jim Burton as chair of its Assurance Services Executive Committee (ASEC). Burton is Grant.... read more

ACCA wins bid to develop public sector finance professionals in Pakistan

  • Published: 31 Jul 2018

The Association of Chartered Certified Accountants (ACCA) has been awarded a project to develop a professional accreditation programme in Public.... read more

FRC pushes non-financial reporting in revised strategic report guidance

  • Author: Joe Pickard
  • Published: 31 Jul 2018

The UK’s Financial Reporting Council (FRC) has revised its Guidance on the Strategic Report to recognise the increasing importance of non-financial.... read more

OECD faces tax transparency standards criticisms

  • Author: Joe Pickard
  • Published: 30 Jul 2018

The Organisation for Economic Co-operation and Development (OECD) has faced criticism for its updated criteria to identify jurisdictions that have.... read more

IMA appoints director of diversity and inclusion

  • Author: Joe Pickard
  • Published: 27 Jul 2018

The Institute of Management accountants (IMA) has appointed Linda Devonish-Mills as its first director of diversity and inclusion.. read more

FRC: nearly half of audits need to improve in pension obligations

  • Author: Joe Pickard
  • Published: 26 Jul 2018

The UK’s Financial Reporting Council (FRC) has found improvement is needed in the audit of pension balances and related disclosures.. read more

Slow progress for women in the accountancy profession

  • Author: Joe Pickard
  • Published: 24 Jul 2018

Women in finance and accounting take on average seven more years than their male counterparts to reach executive level, according to research.... read more

OECD and Argentina to launch Latin American tax and financial crime centre

  • Author: Jonathan Minter
  • Published: 23 Jul 2018

The OECD and Argentina’s government have signed a Memorandum of Understanding to establish the OECD Latin America Academy for Tax and Financial.... read more

‘Always on’ culture placing too much pressure on SME leaders

  • Author: Joe Pickard
  • Published: 23 Jul 2018

Almost a fifth (15%) of SME leaders in professional services admit to feeling under pressure at all times, according to research by Advanced, a.... read more

IFAC and IBA sign anti-corruption mandate

  • Author: Joe Pickard
  • Published: 19 Jul 2018

The International Federation of Accountants (IFAC) and the International Bar Association (IBA) have signed an Anti-Corruption Mandate.. read more

IFRS Foundation appoints chair of trustees

  • Author: Joe Pickard
  • Published: 18 Jul 2018

The former governor of the Finnish Central Bank Erkki Liikanen has been appointed as the chair of the IFRS Foundation Trustees.. read more

IAASB proposes audit risk assessment standards revision

  • Author: Jonathan Minter
  • Published: 17 Jul 2018

The International Auditing and Assurance Standards Board (IAASB) has moved to update its standard on audit risk assessments, to take into account.... read more

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