Latest News
ACCA calls for open and honest debate about quality of audit
The Association of Chartered Certified Accountants (ACCA) has published a guide, ‘Tenets of a quality audit’ highlighting the features that a.... read more
Countries must strengthen tax systems to meet Sustainable Development Goals
The IMF, the OECD, the United Nations and World Bank Group have called on governments to strengthen and increase the effectiveness of their tax.... read more
EFAA launch survey on audit and alternatives to audit
The European Federation of Accountants and Auditors (EFAA) has launched a survey on audit and alternatives to audit for European small and.... read more
Finance function in Indian company evolving from cost to management accounting
The role of the finance function in Indian company is evolving to include new responsibilities in addition to the traditional limited to the remit.... read more
UK MPs on Carillion collapse: Big Four feasted on soon to be carcass
The UK’s Work and Pension Committee has published the responses of the Big Four to their queries on each of the firms’ involvement with Carillion.... read more
Sri Lankan institute appoints KPMG partner as its next president
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has appointed Jagath Perera as its 24th president, effective 8 February 2018.. read more
Three countries in contention to host World Congress of Accountants in 2022
Austria, France and India have each put forward a bid to host the World Congress of Accountants in 2022, The Accountant and International.... read more
South African regulator renews CEO’s contract
The South African regulator, the Independent Regulatory Board for Auditors (IRBA), has renewed their contract with current CEO Bernard Agulhas for.... read more
IFRS Foundation appoints former Australia and New Zealand CEO as executive director
The IFRS Foundation has appointed Lee White as executive director following the departure of former Yael Almog, effective in April 2018.. read more
GRI launches simplified Chinese translation of its standards
The GRI has launched its simplified Chinese translation of the GRI Standards to meet the growing needs of GRI reporters working in Chinese-speaking.... read more
European Commission prepares legislative proposals for sustainable finance
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
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
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
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
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
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
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
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
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
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
