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European Commission prepares legislative proposals for sustainable finance

  • Published: 7 Feb 2018

The European Commission (EC) is preparing a strategy on sustainable finance based on the recommendations of the European Union’s High-Level Expert.... read more

News brief: accrual accounting for the public sector developments

  • Author: TA editorial
  • Published: 6 Feb 2018

The International Public Sector Accounting Standards Board (IPSASB) has published a consultation on its proposed strategic objectives, supporting.... read more

GASB consults on revenue and expenses model for government accounting

  • Author: Stephanie Wix
  • Published: 5 Feb 2018

The USA Governmental Accounting Standards Board (GASB) has called for public comment on its revenue and expenses recognition model for state and.... read more

Organisations of African supreme audit institutions sign partnership agreement to help challenged members

  • Author: Stephanie Wix
  • Published: 5 Feb 2018

The Organisation of English-speaking African Supreme Audit Institutions (AFROSAI-E), the Regional Council for Training of Supreme Audit.... read more

COSO appoints former IIA global chair as its new leader

  • Author: Stephanie Wix
  • Published: 2 Feb 2018

The joint initiative for organisational performance and governance Committee of Sponsoring Organizations of the Treadway Commission (COSO) has.... read more

Malaysia assesses first year of the Enhanced Auditors’ Report implementation

  • Author: TA editorial
  • Published: 2 Feb 2018

Malaysian audit committees members and investors believe the introduction of Key Audit Matter (KAMs) through the enhanced auditors’ report has.... read more

International Valuation Standards translated in Arabic

  • Published: 2 Feb 2018

The Saudi Authority of Accredited Valuers (Taqeem), the regulator for the valuation profession in the Kingdom of Saudi Arabia, has released the.... read more

New lease accounting model for the public sector proposed by IPSASB

  • Author: TA editorial
  • Published: 2 Feb 2018

The International Public Sector Accounting Standards Board (IPSASB) has called for comment on the Exposure Draft (ED) 64, Leases.. read more

Canadian audit regulator appoints former Deloitte managing partner as new CEO

  • Author: Stephanie Wix
  • Published: 1 Feb 2018

The Canadian Public Accountability Board (CPAB) has appointed former managing partner for leadership development and succession at Deloitte Canada.... read more

IMA membership surpasses 100,000 milestone

  • Author: Stephanie Wix
  • Published: 31 Jan 2018

The Institute of Management Accountants (IMA) has reached 100,000 members for the first time since its creation 99 years ago, and intends to.... read more

Accountancy profession has a ‘key role to play’ in attracting diverse talent, finds ACCA

  • Author: Stephanie Wix
  • Published: 31 Jan 2018

Expanding economies, technological advances and globalisation are increasing social mobility, but the accountancy profession has a key role to play.... read more

West Africa’s economic zone adopts IFRS

  • Author: TA editorial
  • Published: 31 Jan 2018

The Organisation for the Harmonisation of Corporate Law in Africa (OHADA) has adopted IFRS meaning that public and listed companies in all 17.... read more

Papua New Guinea newly reconstituted standards setter reiterates IFRS adoption

  • Author: IAB and TA editorial
  • Published: 29 Jan 2018

Papua New Guinea has reconfirmed its adoption of IFRS and IFRS for SMEs as the national standards setter is reconstituted.. read more

Six countries sign the BEPS international tax treaty agreement

  • Author: Stephanie Wix
  • Published: 26 Jan 2018

Barbados, Ivory Coast, Jamaica, Malaysia, Panama and Tunisia have signed the OECD’s Base Erosion and Profit Shifting (BEPS) multilateral convention.... read more

IFAC publishes governance guidance for Professional Accountancy Organisations globally

  • Author: Stephanie Wix
  • Published: 26 Jan 2018

The International Federation of Accountants (IFAC) has published guidance for professional accountancy organisations (PAOs) on best governance.... read more

With Carillion’s downfall eyes and fingers turn to KPMG, Deloitte and the UK FRC

  • Author: Stephanie Wix
  • Published: 24 Jan 2018

The UK public services construction company Carillion has collapsed following financial losses where external auditors KPMG and internal auditors.... read more

Women slowly taking on more C-Suite roles

  • Published: 24 Jan 2018

Women’s representation in CFO positions has nearly doubled in the USA over the last ten years, accounting for 12.6% of CFO positions according to a.... read more

RSM Tenon fined £1m over Quindell audit work

  • Author: Stephanie Wix
  • Published: 24 Jan 2018

The UK Financial Reporting Council (FRC) has fined audit firm Arrandco Audit, formerly RSM Tenon, £1m (USA $1.4m) for audit failures at insurance.... read more

Over 29,000 CFA Candidates pass Level I exam

  • Published: 24 Jan 2018

CFA Institute has reported that 43 % of the 69,086 candidates who took the December 2017 CFA level I have passed and now may decide face Level II.... read more

Former PCAOB and KPMG USA staff charged for leaking inspection information

  • Author: Stephanie Wix
  • Published: 24 Jan 2018

The USA Securities and Exchange Commission (SEC) have charged six public accountants, including three former employees of the Public Company.... read more


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