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A tale of tax and trust
26 April, 2017 | by Vincent Huck
IFAC executive director, professional relations, and CFO Russell Guthrie speaks to Vincent Huck on the back of the release of a joint survey by IFAC, ACCA and CA ANZ, of 7,600 people across the G20 countries entitled G20 public trust in tax.
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Accountants, the media and public interest 26 April, 2017 by Vincent Huck Chas Roy-Chowdhury, ACCA head of taxation, continues the conversation with Vincent Huck about the findings of the recent G20 public trust in tax survey.

How much of IFRS trickles down to accounting standards for SMEs? 25 April, 2017 The European Federation of Accountants and Auditors for SMEs (EFAA) looked into the ‘trickle down’ effect of IFRS into accounting standards for SMEs, based on a study of five European countries: Germany, the UK, the Netherlands, Spain and Portugal. The findings of the study were discussed at an event in Brussels. Our correspondent on-the-ground, Laura Fiorini reports

Can humans replace machines? 25 April, 2017 There was a time when mankind wondered if the workforce would ever be replaced by machines, the idea fuelled the creative spirits of science fiction authors. However, as technological advances revolutionise every aspect of life at a faster pace than humans can cope with, have we reached the point where machines are so prevalent that we need to ask if humans can replace them? Two events held in Brussels in March tackled this issue within the financial services sector, looking at implications in terms of practices but also regulation. Our Brussels correspondent, Laura Fiorini, reports

Comment: Reporting under GAAP - Companies take initiative to fill the gaps 19 April, 2017 By Alex Malley, CPA Australia CEO. The practice of companies reporting financial metrics not prescribed by established Generally Accepted Accounting Practice (GAAP) frameworks, such as the International Financial Reporting Standards (IFRS), has proliferated over the years.

Highlights International Women’s Day 2017 contributions 03 April, 2017 by Vincent Huck To celebrate International Women’s Day, progress made and the road ahead, International Accounting Bulletin opened its pages throughout the month of March to female professionals from across the globe. All contributions are accessible online, but here we publish some highglights. Compiled by Vincent Huck

Editor's letter: When we won’t need to celebrate women’s day 30 March, 2017 by Vincent Huck The fact that 53% of white women voted for Donald Trump in the last presidential election in the USA is something I’m still trying to come to terms with. Although 54% of women voted for Hillary Clinton, when a racial filter is applied on the demographics, white women voted in majority for Trump. This fact defies all logic to me – don’t get me wrong, gender shouldn’t play any part in the way one votes, be it our own gender or the gender of the candidates – but how does one vote for someone who constantly and proudly makes disgusting remarks about one’s own gender (or race for that matter)?

Ethics and the pressure on the accountant to do the right thing 30 March, 2017 by Stephanie Wix Accountants are no longer just crunching numbers, but as they move into the “trusted advisor” space, their ethics are being tested with greater force and not all can resist the pressure to act unethically. In fact, according to a recent survey, one third of European accountants working in small and medium-sized practices (SMP) admitted they had crossed the line. Stephanie Wix reports

Q&A: can the profession afford to keep its ethics intact? 30 March, 2017 by Stephanie Wix At an event held at the EU Parliament, the European Federation of Accountants and Auditors for SME’s (EFAA) presented a joint research with Accountancy Poland (SKwP) on a survey of accountants in business and practice in mainly small and medium sized firms across Europe. The panel discussion was followed by a Q&A session with the audience. Here are the highlights of this session compiled by Stephanie Wix.

International Women's Day: Women in Public Finance tackling the gender divide 30 March, 2017 By Marcel Holder-Robinson, finance policy manager (governments), CIPFA

International Women's Day: The West can learn from Zimbabwe when it comes to the gender pay gap 30 March, 2017 By Tendai White, executive director at INPACT International

International Women's Day: Time to take more drastic action to encourage women to the top 30 March, 2017 By Jean Stephens, CEO of RSM International

International Women's Day: To quit or not to quit 23 March, 2017 By Lorrain Miriro Chitereka, financial accountant at Delta Beverages (Private) Limited, member of the Institute of Chartered Accountants of Zimbabwe, Public Accountants and Auditors Board and Women Chartered Accountants Network

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