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Latest News - Regulation

Singaporean profession expects costly implementation of integrated reporting

  • Author: Steffen Muller
  • Published: 8 Aug 2014

The Singaporean profession perceives cost as the dominant challenge of adopting integrated reporting, a joint survey conducted by the Institute of.... read more

AICPA consults on audit quality enhancement

  • Published: 7 Aug 2014

The American Institute of Certified Public Accountants (AICPA) has issued a discussion paper that outlines plans and perspectives of the.... read more

The profits of transparency

  • Author: Vincent Huck
  • Published: 5 Aug 2014

Huguette Labelle, chair of Transparency International, tells Vincent Huck why transparency should be at the core of corporate reporting and.... read more

Accountancy profession closes the gap left by Audit Commission closure

  • Author: Vincent Huck
  • Published: 23 Jul 2014

The UK accountancy profession is looking to fill the gap left by the closure of the UK Audit Commission, effective April 2015.. read more

UK FRC gives evidence to government committee

  • Author: Vincent Huck
  • Published: 23 Jul 2014

It was expected to be a grilling, but appearing in front of the UK House of Lords’ economic affairs committee, UK Financial Reporting Council.... read more

Insurance industry hails Solvency II cost and complexity

  • Published: 9 Jul 2014

The insurance industry fears high cost and distraction from the day-to-day business through the implementation of the European Commission’s.... read more

PCAOB finds former PwC partner guilty of audit standards violation

  • Author: IAB
  • Published: 8 Jul 2014

The Public Company Accounting Oversight Board (PCAOB) has issued a disciplinary order against former PwC partner Randall Stone for violating PCAOB.... read more

UK’s anti money laundering regime can be improved: CCAB

  • Author: Vincent Huck
  • Published: 24 Jun 2014

Whilst the UK has one of the most effective anti-money laundering regime (AMLR), there is room for improvement, a survey by the Consultative.... read more

Skills gap and low-wage jobs underline US economic recovery

  • Author: Carlos Martin Tornero
  • Published: 23 Jun 2014

Minneapolis, USA. The talent gap in high-end job markets and a general increase of low-wage jobs are the two trends defining the fifth year of the.... read more

Coreper agrees negotiating mandate on money laundering

  • Author: Vincent Huck
  • Published: 19 Jun 2014

The European Union (EU) Permanent Representatives Committee (Coreper) has agreed on behalf of the Council of the EU (Council) a negotiating mandate.... read more

EU tax shenanigans: a poisoned apple?

  • Author: Carlos Martin Tornero
  • Published: 12 Jun 2014

When California governor Jerry Brown suggested last week in front of the Irish Prime Minister Enda Kenny that Ireland enticed computer.... read more

UK FRC issues guidance for strategic reports

  • Author: Vincent Huck
  • Published: 9 Jun 2014

The UK Financial Reporting Council (FRC) has published guidance on the strategic report as the first of a series of initiatives to promote clear.... read more

Big Four China firms in settlement talks with SEC

  • Author: Vincent Huck
  • Published: 3 Jun 2014

The US Security and Exchange Commission (SEC) has granted an extension order to the court hearings on the six months ban prohibiting Big Four.... read more

Profession highlights pending issues to newly elected EP

  • Author: Vincent Huck
  • Published: 29 May 2014

Following last week’s European election the accounting profession has called on the newly elected European Parliament (EP) to focus on the issues.... read more

Hong Kong's profession takes cautious approach on China’s proposed foreign auditor ban

  • Author: Carlos Martin Tornero
  • Published: 21 May 2014

The Hong Kong Institute of Certified Public Accountants (HKICPA) has taken a cautious approach to the consultation launched by the Chinese Ministry.... read more

Chinese regulators look to ban foreign auditors

  • Author: Vincent Huck
  • Published: 19 May 2014

The Chinese regulators have opened a consultation on proposed rules to ban foreign auditors from auditing mainland Chinese companies, local media.... read more

AICPA eyes international stage

  • Author: Vincent Huck
  • Published: 16 May 2014

The American Institute of Certified Public Accountant (AICPA) launched earlier this week its first European summit in Frankfurt, Germany, in an.... read more

Analysis: Alibaba flotation throws lifeline in US-China rift

  • Author: Isabella Grotto
  • Published: 14 May 2014

Excitement is mounting for Chinese-based e-commerce giant Alibaba’s listing in New York later this year. As the regulatory audit oversight.... read more

US profession predicts upsurge in XBRL to comply with DATA Act

  • Author: Carlos Martín Tornero
  • Published: 12 May 2014

The US Institute of Management Accountants (IMA) and the American Institute of Certified Public Accountants (AICPA) said the recently enacted.... read more

US Congress adopts full disclosure of federal government spending

  • Author: Vincent Huck
  • Published: 30 Apr 2014

The US House of Representatives has passed the Digital Accountability and Transparency Act (DATA Act) which will open and standardise the federal.... read more

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