Latest News
UK FRC answers to critics but still fails to convince
The UK Financial Reporting Council (FRC) has issued the report on the independent review of the sanctions imposed under its enforcement procedures.... read more
European Commission launches public consultation on how to encourage sustainable investments
The European Commission has launched a public consultation on how to better encourage the inclusion of environmental, social and governance (ESG).... read more
GRI former interim CEO appointed chair for board of directors
GRI has appointed its former interim CEO Eric Hespenheide, a former Deloitte partner, as the chairman of the GRI board of directors, effective 1.... read more
Singaporean and Irish institutes sign reciprocal membership agreement
The Institute of Singapore Chartered Accountants (ISCA) and Chartered Accountants Ireland have signed a reciprocal membership agreement (RMA).. read more
FRC plans to boost best practice in corporate reporting
The Financial Reporting Council (FRC) has planned to supplement its routine monitoring programme through targeted reviews of corporate reports and.... read more
European businesses are not ready for GDPR
Ninety two percent of European businesses are not ready for the EU’s General Data Protection Regulation (GDPR), effective in May 2018, according to.... read more
Professional bodies working on a MoU to fight non-compliance with laws and regulations
The South African Institute of Professional Accountants (SAIPA) has announced that it collaborates with other accounting professional bodies to.... read more
Italian antitrust authority fines Big Four total of $26.6m for restrictive competition
Italy’s antitrust authority has sanctioned the Big Four for €23.7m ($26.6m) altogether, following a violation of Article 101 of the Treaty on the.... read more
FASB vice chair Kroeker reappointed
The Board of Trustees of the Financial Accounting Foundation (FAF) has reappointment James Kroeker as vice chairman of the Financial Accounting.... read more
Registrations for the World Congress of Accountants open
Registrations for the World Congress of Accountants 2018 (WCOA 2018) have opened. The congress will take place in Sydney, Australia, which last.... read more
IESBA launches public survey on audit fees
The International Ethics Standards Board of Accountants (IEBSA) has launched a public survey on the level of fees charged by audit firms.. read more
Make Brexit better than Canadian free trade agreement, Scottish institute argues
The Institute of Chartered Accountants of Scotland (ICAS) has urged the UK Government to secure a better Brexit deal than the new Comprehensive.... read more
UK advisory group calls to increase corporate reporting on social impacts
An independent advisory group set up by the UK government has called for the government and the UK FRC to explore how best to encourage UK.... read more
Lack of career progression opportunities a challenge to talent retention in SMPs
Growth and professional development are the top attracting factors to the profession but it is seen as limited for young professionals working in.... read more
Bidcorp reappoints KPMG South Africa as external auditor despite recent scandals
Bidcorp, a multinational food-service group, has reappointed KPMG South Africa as its external auditor despite the recent scandals surrounding the.... read more
IFAC’s future in international audit standard setting in the balance
The Monitoring Group, a group of international financial institutions and regulatory
bodies responsible for the overall governance of the....
read more
A new guidance paper helps directors understand financial reporting obligations
Chartered Accountants Australia and New Zealand (CA ANZ) and the Association of Chartered Certified Accountants (ACCA) have launched a joint.... read more
PCAOB and Irish Audit Regulator sign cooperative agreement
The Public Company Accounting Oversight Board (PCAOB) and the Irish Auditing and Accounting Supervisory Authority (IAASA) have signed a cooperative.... read more
East and Southern African Associations of Accountants General joins regional initiative for public sector accounting and auditing
The Organisation of English-speaking African Supreme Audit Institutions (AFROSAI-E) and the Pan African Federation of Accountants (PAFA) have.... read more
PCAOB appoints a new director of international affairs
The Public Company Accounting Oversight Board (PCAOB) has appointed George Botic as the new director of its international affairs succeeding Bruce.... read more
