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EFAA event reveals limited support for reporting of NFI by SMEs

  • Published: 22 Feb 2019

At a roundtable held by the European Federation of Accountants and Auditors for SMEs (EFAA) the shared view was that making the reporting of.... read more

US SEC investigates Kraft Heinze accounting

  • Published: 22 Feb 2019

The accounting policies of Kraft Heinze have come under investigation of the US Securities and Exchange Commission (SEC), the company revealed in a.... read more

IRBA inspections reveal recurring quality deficiency themes

  • Published: 20 Feb 2019

In its 2018 Public Inspections Report, the South African Independent Regulatory Board for Auditors (IRBA) revealed a decline in unsatisfactory.... read more

ECJ sides with Belgium in fight for tax exemptions

  • Published: 14 Feb 2019

The European Court of Justice has sided with the Belgian Government in its ruling against the European Commission over whether its tax system.... read more

IMA releases management accounting competency framework

  • Published: 13 Feb 2019

The Institute of Management Accountants (IMA) has released its updated Management Accounting Competency Framework.. read more

ACCA slams CMA’s audit reform proposals

  • Author: Joe Pickard
  • Published: 8 Feb 2019

The Association of Chartered Certified Accountants (ACCA) has criticised the UK’s Competition and Markets Authority’s (CMA) proposals for a reform.... read more

IMA signs Memorandum of Understanding with IKAF in Kosovo

  • Published: 7 Feb 2019

The Institute of Management Accountants (IMA) and the Institute of Accounting, Auditing and Finance (IKAF) in Kosovo have signed a MoU, in an.... read more

UK MPs call out FRC over audit augmentation

  • Published: 6 Feb 2019

MP Rachel Reeves expressed concerns about the failure of the Financial Reporting Council (FRC) to identify augmented audits, in its role as a.... read more

Michael Izza: Audit remains a 20th century product

  • Author: Joe Pickard
  • Published: 6 Feb 2019

The Institute of Chartered Accountants in England and Wales CEO Michael Izza has described audit in its current form as an outdated product, in a.... read more

FRC blames corporate failures on lack of powers

  • Published: 5 Feb 2019

Stephen Haddrill, who is set to step down as the CEO of the Financial Reporting Council (FRC), argued that corporate failures under the regulator.... read more

SAICA appoints new CEO

  • Published: 4 Feb 2019

The board of the South African Institute of Chartered Accountants (SAICA) has appointed Freeman Nomvalo as its CEO, effective 1 February 2019.. read more

PCAOB finds fault with KPMG US audits

  • Published: 28 Jan 2019

The US Public Company Accounting Oversight Board (PCAOB) found problems in half of the audits it inspected from KPMG US in 2017, as well as almost.... read more

FRC: Don’t expect Carillion resolution until ‘well into 2019’

  • Author: Joe Pickard
  • Published: 22 Jan 2019

The UK’s Financial Reporting Council (FRC) has said it expects its investigation into KPMG for its work on Carillion to continue well into 2019.. read more

GRI makes appointments to its Global Standard Setting Board

  • Author: Joe Pickard
  • Published: 18 Jan 2019

The Global Reporting Initiative (GRI) has added six members to its Global Sustainability Standards Board (GSSB).. read more

IAASA warns UK auditors of impacts of no-deal Brexit

  • Author: Joe Pickard
  • Published: 17 Jan 2019

The Irish Auditing and Accounting Supervisory Authority (IAASA) has written to the leading UK audit firms to give advice on preparations for a.... read more

Corporate tax remains a key source of revenue for developing countries.

  • Published: 15 Jan 2019

Despite falling rates worldwide, corporate tax remains a key source of income especially for governments in developing countries.. read more

The EC’s Technical Expert Group on Sustainable Finance publishes first report

  • Published: 14 Jan 2019

The Technical Expert Group on Sustainable Finance set up by the European Commission (EC) has published its first report on companies' disclosure of.... read more

CAQ framework says auditors need to establish audit strategy

  • Published: 10 Jan 2019

The Center for Audit Quality (CAQ) framework suggested establishing an appropriate audit strategy and audit plan is a core component of a quality.... read more

ACCA: SMEs lack international trade advice amid global market uncertainties

  • Published: 9 Jan 2019

Amid uncertainty over Brexit, just 11% of UK SMEs have sought external international trade advice, according to the Association of Chartered.... read more

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