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Accountancy profession has a ‘key role to play’ in attracting diverse talent, finds ACCA

  • Author: Stephanie Wix
  • Published: 31 Jan 2018

Expanding economies, technological advances and globalisation are increasing social mobility, but the accountancy profession has a key role to play.... read more

West Africa’s economic zone adopts IFRS

  • Author: TA editorial
  • Published: 31 Jan 2018

The Organisation for the Harmonisation of Corporate Law in Africa (OHADA) has adopted IFRS meaning that public and listed companies in all 17.... read more

Papua New Guinea newly reconstituted standards setter reiterates IFRS adoption

  • Author: IAB and TA editorial
  • Published: 29 Jan 2018

Papua New Guinea has reconfirmed its adoption of IFRS and IFRS for SMEs as the national standards setter is reconstituted.. read more

Six countries sign the BEPS international tax treaty agreement

  • Author: Stephanie Wix
  • Published: 26 Jan 2018

Barbados, Ivory Coast, Jamaica, Malaysia, Panama and Tunisia have signed the OECD’s Base Erosion and Profit Shifting (BEPS) multilateral convention.... read more

IFAC publishes governance guidance for Professional Accountancy Organisations globally

  • Author: Stephanie Wix
  • Published: 26 Jan 2018

The International Federation of Accountants (IFAC) has published guidance for professional accountancy organisations (PAOs) on best governance.... read more

With Carillion’s downfall eyes and fingers turn to KPMG, Deloitte and the UK FRC

  • Author: Stephanie Wix
  • Published: 24 Jan 2018

The UK public services construction company Carillion has collapsed following financial losses where external auditors KPMG and internal auditors.... read more

Women slowly taking on more C-Suite roles

  • Published: 24 Jan 2018

Women’s representation in CFO positions has nearly doubled in the USA over the last ten years, accounting for 12.6% of CFO positions according to a.... read more

RSM Tenon fined £1m over Quindell audit work

  • Author: Stephanie Wix
  • Published: 24 Jan 2018

The UK Financial Reporting Council (FRC) has fined audit firm Arrandco Audit, formerly RSM Tenon, £1m (USA $1.4m) for audit failures at insurance.... read more

Over 29,000 CFA Candidates pass Level I exam

  • Published: 24 Jan 2018

CFA Institute has reported that 43 % of the 69,086 candidates who took the December 2017 CFA level I have passed and now may decide face Level II.... read more

Former PCAOB and KPMG USA staff charged for leaking inspection information

  • Author: Stephanie Wix
  • Published: 24 Jan 2018

The USA Securities and Exchange Commission (SEC) have charged six public accountants, including three former employees of the Public Company.... read more

Hong Kong to adopt independent audit oversight regime

  • Author: IAB and TA editorial
  • Published: 23 Jan 2018

The Hong Kong government has gazetted a proposed reform which if enacted would make the local Financial Reporting Council (FRC) the regulator of.... read more

Is the European Commission missing the bigger picture regarding the taxation of the digital economy?

  • Author: Stephanie Wix
  • Published: 19 Jan 2018

The European Commission’s public consultation on the taxation of the digital economy has been criticised by accountancy organisations for wasting.... read more

CIPFA is revoked as an audit qualifying body

  • Author: Stephanie Wix
  • Published: 17 Jan 2018

The Chartered Institute of Public Finance and Accountancy (CIPFA) has been revoked by the UK Financial Reporting Council (FRC) as an audit.... read more

South African regulator extends independent investigation into KPMG

  • Author: Stephanie Wix
  • Published: 15 Jan 2018

The South African regulator, the Independent Regulatory Board for Auditors (IRBA), has extended its investigation into the KPMG audits of Linkway.... read more

LuxLeaks trial overturns verdict on PwC whistleblower Antione Deltour

  • Author: Stephanie Wix
  • Published: 11 Jan 2018

The Luxembourg Court of Cassation has decided to overturn the conviction of former PwC whistleblower Antoine Deltour who was meant to serve a.... read more

PwC hit with two year audit ban after decade long fraud battle with Indian capital markets regulator

  • Author: Stephanie Wix
  • Published: 11 Jan 2018

The Securities Exchange Board of India (SEBI) has barred all PwC members and entities from issuing audit certificates to any listed company in.... read more

Stakeholder survey calls for increased transparency from the UK FRC

  • Author: Stephanie Wix
  • Published: 11 Jan 2018

A stakeholder survey on the corporate governance, reporting and effectiveness of the UK Financial Reporting Council (FRC) has called for more.... read more

Brazilian institute announces president and reshuffles management boards

  • Author: Stephanie Wix
  • Published: 10 Jan 2018

The Brazilian Institute of Independent Auditors (IBRACON) has appointed a new president and board members, effective 2 January 2018.. read more

Microsoft and Jordan based accounting and auditing firm sign cooperation agreement

  • Author: TA editorial
  • Published: 9 Jan 2018

The Talal Abu-Ghazaleh Organisation (TAG-Org), a Jordanian accounting and auditing firm, and Microsoft Jordan have signed a cooperation agreement.... read more

Netherlands’ regulator faces criticism after courts overrule sanctions

  • Author: Stephanie Wix
  • Published: 8 Jan 2018

The Dutch regulator, the Authority for the Financial Markets (AFM), must change its oversight of the profession as its investigations are not.... read more


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