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IPSASB Biennial Review outlines developments and challenges in 2015-2016

  • Author: Stephanie Wix
  • Published: 16 May 2017

The International Public Sector Accounting Standards Board (IPSASB) has published its Biennial Review for the year 2015 – 2016 to summarise in.... read more

IFRS Foundation and World Bank sign MoU to promote IFRS in developing economies

  • Author: TA editorial
  • Published: 16 May 2017

The IFRS Foundation and the World Bank have signed a Memorandum of Understanding (MoU) to assist developing economies in improving their use of IFRS.. read more

AAOIFI publishes its 58th standards

  • Author: TA editorial
  • Published: 15 May 2017

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has published and approved a final standards with regards to.... read more

SASB announces members of the inaugural SASB Standards Board

  • Author: Rahman Aziz
  • Published: 12 May 2017

The board of directors of the Sustainability Accounting Standards Board (SASB) Foundation has announced the appointment of nine members to its.... read more

The European Commission adopts initiatives to enhance the EU single market

  • Author: Stephanie Wix
  • Published: 12 May 2017

The European Commission (EC) has adopted three initiatives aiming at making the European Union (EU) single market work better for citizens and.... read more

A strong profession in Africa means a strong global profession, IFAC president Rachel Grimes says

  • Author: Vincent Huck
  • Published: 12 May 2017

Kampala (Uganda) / London (UK). While attending the Pan African Federation of Accountants (PAFA) annual general meeting in Uganda, IFAC president.... read more

PAFA’s outgoing president assesses achievements under her tenure and lays down the priorities for the next board

  • Author: Vincent Huck
  • Published: 12 May 2017

Kampala (Uganda) / London (UK). The Pan African Federation of Accountants (PAFA) outgoing president Asmaa Resmouki, presented her president report,.... read more

ACCA recommendations to tackle cognitive bias in audit

  • Author: Rahman Aziz
  • Published: 12 May 2017

The Association of Certified Chartered Accountants (ACCA) has recommended changes to standard –setting, regulatory and audit process to tackle.... read more

Head of China standard setting appointed to IASB board

  • Author: Sarajuddin Isar
  • Published: 12 May 2017

The IFRS Foundation trustees have appointed Jianqiao Lu, director of the accounting regulatory department at China’s Ministry of Finance (MoF) as a.... read more

News brief: PwC UK fined £5m for misconduct

  • Author: Rahman Aziz
  • Published: 11 May 2017

The UK Financial Reporting Council (FRC) has fined PwC UK and its former audit partner Stephen Harrisson, £ 5m and £150,000 respectively for.... read more

EITI calls on Niger to enforce adopted reforms for greater transparency in its extractives sector

  • Author: Stephanie Wix
  • Published: 8 May 2017

The Extractive Industries Transparency Initiative (EITI) has called on Niger's government to enforce reforms adopted in 2010 in order to foster.... 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

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

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

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

Securities Commission Malaysia releases new code on corporate governance

  • Author: Rahman Aziz
  • Published: 27 Apr 2017

The Malaysian Securities Commission has released the new Malaysian Code on Corporate Governance (MCCG) to strengthen corporate culture by placing.... 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


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