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Audit chiefs see cybersecurity as biggest risk to business

  • Author: Joe Pickard
  • Published: 4 Sep 2018

Cybersecurity is the biggest risk to organisations across the private and public sector, according to research conducted by Risk in Focus, a.... read more

OECD: Slovenia needs ‘comprehensive’ tax reforms

  • Author: Jonathan Minter
  • Published: 3 Sep 2018

Slovenia needs to comprehensively rebalance its tax mix away from employee social security contributions (SSCs) towards personal income tax and.... read more

The Former Yugoslav Republic of Macedonia joins inclusive framework

  • Published: 3 Sep 2018

The Former Yugoslav Republic of Macedonia (FYROM) becomes the 117th jurisdiction to join the Inclusive Framework on BEPS (IF).. read more

Hoogervorst: 200 multinational Japanese companies have implemented full IFRS standards

  • Published: 30 Aug 2018

Around 200 multinational Japanese companies, representing over 30% of the Tokyo Stock Exchanges total market capitalisation, have chosen to adopt.... read more

FASB issues changes to conceptual framework

  • Published: 29 Aug 2018

The Financial Accounting Standards Board (FASB) has amended its definition of materiality, in an update to its conceptual framework.. read more

GRI updates water and effluents standard

  • Author: Joe Pickard
  • Published: 28 Aug 2018

The Global Reporting Initiative (GRI) has introduced disclosures that will make available information to assess companies’ exposure to water risks.. read more

Reports: Industry open to temporary client cap for Big Four

  • Published: 24 Aug 2018

The Institute of Chartered Accountants in England and Wales (ICAEW) and nine of the largest networks in the UK plan to suggest a temporary cap in.... read more

SASB: Quality trumps locations for sustainability disclosure

  • Published: 23 Aug 2018

The location of sustainability data disclosures is not as important as ensuring the data is of sufficient quality, The Sustainability Accounting.... read more

SEC adopts amendments to renovate update disclosure requirements

  • Published: 21 Aug 2018

The Securities and Exchange Commission (SEC) has voted to adopt amendments to certain disclosure requirements that have become duplicated,.... read more

PCAOB: deficiencies remain high in audits

  • Author: Joe Pickard
  • Published: 21 Aug 2018

The Public Company Accounting Oversight Board (PCAOB) has found a continued high number of audit deficiencies for brokers and dealers.. read more

IPSAS 41 aims to improve financial instruments reporting

  • Published: 15 Aug 2018

The International Public Sector Accounting Standards Board (IPSASB) released IPSAS 41 which aims to improve the relevance of information for.... read more

FRC questions advisory work role in audit independence

  • Author: Joe Pickard
  • Published: 15 Aug 2018

The independence and objectivity of PwC’s audit of British Home Stores (BHS) parent Taveta Group may have been compromised by the level of advisory.... read more

ICAEW: Actions need to be taken in order to prevent the next financial crisis

  • Published: 14 Aug 2018

The foundations for the next financial crisis are on its way unless a sense of purpose is embedded in financial services according to the report.... read more

PCAOB censures Breard & Associates

  • Published: 10 Aug 2018

The Public Company Accounting Oversight Board (PCAOB) has censured Breard & Associates. It has revoked the firm’s registration as well as imposing.... read more

Fired up FRC issues record ban

  • Author: Joe Pickard
  • Published: 9 Aug 2018

The UK’s Financial Reporting Council (FRC) has issued a record period of exclusion from the profession for three people.. read more

FRC faces questions over scope of powers

  • Published: 8 Aug 2018

The chair of the House of Common’s work and pensions committee Frank Field has challenged The Financial Reporting Council (FRC) on why the full.... read more

IIRC launches Academic database

  • Published: 8 Aug 2018

A new academic database has been launched by the International Integrated Reporting Council (IIRC), bringing together over 200 academic studies.... read more

IRBA claims ‘encouraging signs’ from mandatory audit rotation

  • Published: 7 Aug 2018

Since the South African Independent Regulatory Board for Auditors (IRBA) began tracking audit firm rotations in January 2017, a total of 12% of.... read more

AICPA recruits Grant Thornton partner for Assurance Services Executive Committee

  • Published: 1 Aug 2018

The American Institute of CPAs (AICPA) has recruited Jim Burton as chair of its Assurance Services Executive Committee (ASEC). Burton is Grant.... read more

ACCA wins bid to develop public sector finance professionals in Pakistan

  • Published: 31 Jul 2018

The Association of Chartered Certified Accountants (ACCA) has been awarded a project to develop a professional accreditation programme in Public.... read more

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