Latest News
New CEO for Hong Kong Institute of CPAs
The Hong Kong Institute of Certified Public Accountants (HKICPA) has appointed Ms Margaret W.S. Chan as the Institute's new Chief Executive and.... read more
FASB seeks input on segment reporting
The Financial Accounting Standards Board (FASB) is seeking public companies to participate in a study that focuses on potential improvements to the.... read more
Citizenship by investment and tax residency – telling the difference
During an event hosted in St Kitts and Nevis last week, an Ernst & Young (EY) tax specialist reiterated the importance of grasping the difference.... read more
Thomson Reuters to acquire Confirmation
Thomson Reuters has signed a definitive agreement to acquire Confirmation, a provider of secure audit confirmation services. Confirmation has a.... read more
FASB may extend standards implementation deadlines
Speaking at the IMA 2019 Annual Conference and Expo in San Diego, California, this week, Financial Accounting Standards Board (FASB) chairman.... read more
EFRAG publishes final comment on IASB’s benchmark rate plans
The European Financial Reporting Advisory Group (EFRAG) has published its final comment letter in response to the IASB's Exposure Draft.... read more
AICPA proposed auditing standard addresses analytics, blockchain
The American Institute of CPA’s (AICPA) Auditing Standards Board (ASB) has issued Proposed Statement on Auditing Standards (SAS), Audit Evidence,.... read more
SEC overturns PCAOB ruling against former KPMG partner Reinhart
Cynthia C. Reinhart, who was a partner at KPMG LLP, a registered public accounting firm, had appealed disciplinary action by the Public Company.... read more
HMRC updates guidance on disguised remuneration loan charge
Disguised remuneration loan schemes are used to avoid paying Income Tax and National Insurance contributions. HMRC has updated guidance on the.... read more
AICPA’s ARSC may align US statements with international standards
The American Institute of CPA’s (AICPA) Accounting and Review Services Committee (ARSC) has issued an exposure draft of a Proposed Statement on.... read more
Bipartisan effort to delay implementation of CECL methodology
US Congressman Vicente Gonzalez has introduced a bipartisan bill to delay the implementation of CECL (current expected credit loss) while.... read more
UK measures to ensure small businesses get paid on time
For the first time large businesses in the UK could be fined for failing to pay smaller suppliers on time as part of a robust package of measures.... read more
ARGA saga from ICAEW in response to Kingman
In its response to the Independent Review of the Financial Reporting Council (FRC) led by Sir John Kingman, the ICAEW says it regards the.... read more
SEC adopts amendments to auditor independence rules
The US Securities and Exchange Commission (SEC) has adopted amendments to the auditor independence rules relating to the analysis that must be.... read more
IMA and CRC-SP launch strategic partnership
The Institute of Management Accountants (IMA) and the Conselho Regional de Contabilidade do Estado de São Paulo (CRC-SP) have entered into a.... read more
ACCA reveals new computer based exam practice platform
ACCA (the Association of Chartered Certified Accountants) students are set to benefit from a brand new exam practice platform for computer based.... read more
UK government offers FAQs on remuneration rules
The UK government has published answers to frequently asked questions (FAQs)on the new Companies (Directors’ Remuneration Policy and Directors’.... read more
AICPA to oversee new internet domain for CPAs
The American Institute of CPAs is in the process of being awarded the .cpa domain and is currently in a contract execution phase with the.... read more
Is Boris’s tax cut proposal worth backing?
With contenders to replace Theresa May as UK Prime Minister now officially throwing their hats into the ring and revealing some of their policy.... read more
ACCA launches Russian language Advanced Diploma in Finance and Business
ACCA (the Association of Chartered Certified Accountants) has launched a Russian language Advanced Diploma in Finance and Business, extending its.... read more
