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Latest News - Professional Bodies

News brief: ICAEW membership grows 15% in last 10 years

  • Author: Stephanie Wix
  • Published: 9 May 2017

Across the last decade, ICAEW membership has grown by 19,000 (15%) to 147,538 and student numbers have increased by over 120% in the ten years.. read more

USA finance professionals call to preserve the Sarbanes-Oxley Act as it is

  • Author: Sarajuddin Isar
  • Published: 9 May 2017

The Centre for Audit Quality (CAQ), the Council of Institutional Investors (CII), and the CFA Institute have jointly presented their opposition to.... read more

EU Data protection rules will directly impact professional accountants

  • Author: Stephanie Wix
  • Published: 5 May 2017

The General Data Protection Regulation (GDPR) coming into force in the EU from 25 May 2018 will apply to everyone dealing with personal data.... read more

News brief: FRC launches investigation into KPMG’s audit for Rolls Royce

  • Author: Stephanie Wix
  • Published: 5 May 2017

The Financial Reporting Council (FRC) has begun an investigation into the conduct of KPMG regarding the audit of Rolls Royce’s financial statements.. read more

Audit committees can contribute further to audit quality, IFIAR

  • Author: Sarajuddin Isar
  • Published: 4 May 2017

Audit committees around the globe should focus on more and better communication as well as defining better criteria that determine their.... read more

FRC publishes framework to improve quality for future digital reporting

  • Author: Rahman Aziz
  • Published: 3 May 2017

The Financial Reporting Council (FRC) Lab has published a framework for future digital reporting, to improve quality and for views to be shared by.... read more

African Integrated Reporting Committee announced at ACOA 2017

  • Author: TA editorial
  • Published: 3 May 2017

Kampala, Uganda. An Integrated Reporting Committee for Africa has been announced at the AGM of the Pan-African Federation of Accountants (PAFA).... read more

AICPA issues cybersecurity risk management framework

  • Author: Stephanie Wix
  • Published: 3 May 2017

The American Institute of CPAs (AICPA) has introduced a cybersecurity risk management reporting framework to help businesses meet the growing.... read more

Canada Securities Administrators launch consultation on oversight requirements for foreign audit firms

  • Author: Stephanie Wix
  • Published: 3 May 2017

The Canadian Securities Administrators (CSA) has launched a consultation paper entitled Auditor Oversight Issues in Foreign Jurisdictions on 25.... read more

Language and bureaucracy challenges the adoption of IFRS in Brazil

  • Author: Stephanie Wix
  • Published: 2 May 2017

Brazilian accountants have recognised the benefits of 12 years of International Financial Reporting Standards (IFRS) as they have seen improvement.... read more

IFIAR elects first board chair and vice chair

  • Author: Sarajuddin Isar
  • Published: 28 Apr 2017

The International Forum of Independent Audit Regulators (IFIAR) has elected Brian Hunt, chief executive officer (CEO) of Canadian Public.... read more

The importance of the role of the auditor and annual reports discussed by FRC

  • Author: Rahman Aziz
  • Published: 28 Apr 2017

The Financial Reporting Council (FRC) has considered the importance of an auditors role and the release of preliminary announcements on annual.... read more

European profession doesn’t fear technological changes

  • Author: Stephanie Wix
  • Published: 26 Apr 2017

The European accountancy profession is confident on its ability to tackle technological changes and does not see technology as a threat, according.... read more

News brief: Singaporean institute publishes accounting model for micro, small and medium businesses

  • Author: Stephanie Wix
  • Published: 26 Apr 2017

The Institute of Singapore Chartered Accountants (ISCA) has developed a Micro Accounting Model (MAM) to help the adoption of accrual accounting for.... read more

News brief: Talal Abu-Ghazaleh Organisation and the Expert Bankers Association sign MoU on CIMA certificate

  • Author: Sarajuddin Isar
  • Published: 24 Apr 2017

Talal Abu-Ghazaleh Professional Training Group (TAGI-TRAIN) and the Expert Bankers Association sign a Memorandum of Understanding (MoU) to promote.... read more

News brief: IASB plans amendments to IFRS 9 to address pre payable financial assets

  • Author: Rahman Aziz
  • Published: 24 Apr 2017

The International Accounting Standards Board (IASB) plans to draft amendments to the financial instruments standard, IFRS 9, before it has even.... read more

Analysis: New chair appointed at House of Cards EGIAN

  • Author: Vincent Huck
  • Published: 24 Apr 2017

It has taken nearly two years and numerous intrigues for the European Group of International Accounting Networks and Associations (EGIAN) to find a.... read more

Data analytics in internal audit report helps auditors assess benefits

  • Author: Stephanie Wix
  • Published: 24 Apr 2017

The Chartered Institute of Internal Auditors (CIIA) has published a report on the use of data analytics in internal audit, aiming to help.... read more

IMA launches new certification for management accountants to build on their strategic skills

  • Author: TA editorial
  • Published: 20 Apr 2017

The Institute of Management Accountants (IMA) has announced a new speciality certification, the Certified in Strategy and Competitive Analysis.... read more

News brief: CAANZ’s Lee White to stand down as CEO

  • Author: Stephanie Wix
  • Published: 18 Apr 2017

The board of the Chartered Accountants Australia and New Zealand (CAANZ) has announced that its CEO Lee White, is to stand down as the CEO by the.... read more


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