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News brief: Japan reiterates support for IFRS 26 May, 2017
Japan’s Financial Accounting Standards Foundation (FASF) and the IFRS Foundation trustees have in a statement reiterated their shared commitment in supporting companies to adopt IFRS in Japan.
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The number of accountants in the workforce correlates with a country’s ranking in Transparency International corruption perception index
Friday, May 26, 2017 A larger number of professional accountants in the workforce correlates to a better ranking in Transparency International corruption perception index, according to a study by the International Federation of Accountants (IFAC).
CIPFA to deliver apprenticeships
Thursday, May 25, 2017 The Chartered Institute of Public Finance and Accountancy (CIPFA) has announced it will start delivering accountancy and finance apprenticeships in the autumn of this year, after having been approved earlier this week on the Education and Skills Funding Agency’s (ESFA) Registered of Apprenticeship Training Providers.
Businesses form group to identify natural and social capital valuation techniques
Thursday, May 25, 2017 Fifteen companies, most of them members of the World Business Council for Sustainable Development (WBCSD) have formed an informal group called the Impact Valuation Roundtable (IVR) to share best practices in order to identify the best valuation techniques for natural and social capital.
We Mean Business coalition urges the G20 to adopt the Task Force on Climate-related Financial Disclosure recommendations
Thursday, May 25, 2017 The We Mean Business coalition has called upon the G20 governments to adopt the recommendations of the Task Force on Climate-related Financial Disclosure (TCFD).
News brief: AAT becomes member of the Association of Professional Political Consultants
Wednesday, May 24, 2017 The Association of Accounting Technicians (AAT) has been approved as a member of the Association of Professional Political Consultants (APPC).
European accountancy stakeholders defend EFRAG’s role and record against EU Commission plans of “streamlining”
Wednesday, May 24, 2017 Accountancy stakeholders from across Europe have responded strongly against plans from the European Union (EU) Commission of “streamlining” the endorsement process of accounting standards in the EU by giving the European Securities and Markets Authority (ESMA) an advisory role.
Professional learning should be redefined to develop future-ready professional accountants
Tuesday, May 23, 2017 A solution to current disruptions in the global economy, politics and skills obsolescence, due to technological revolution, is professional learning, according to a report by the Institute of Singapore Chartered Accountants (ISCA) and the Institute of Chartered Accountants in England and Wales (ICAEW).
Italy’s experience reveals the extent of the challenge for the EU’s public sectors adoption of accrual accounting
Tuesday, May 23, 2017 Despite the European Union’s (EU) aspirations, the move to European Public Sector Accounting Standards (EPSAS) may take more time and be more difficult than anticipated as EPSAS will have to deal with a number of social, cultural, and political factors individual to each member state, according to a research by Newcastle University London professor of accounting and finance Ileana Steccolini.
Answers vary on the accountancy professions role in achieving UN global goals
Tuesday, May 23, 2017 Members of Chartered Accountants Worldwide (CAW) were invited to a discussion earlier this week on the role of the profession in achieving the United Nations’ Sustainable Development Goals (SDGs), however consensus on the most important goal was hard to find.
SASB Foundation launches membership programme with educational purposes
Monday, May 22, 2017 The Sustainability Accounting Standards Board (SASB) Foundation has launched the SASB Alliance, a membership programme offering education and resources to help individuals and organisations in the practice of sustainability accounting and disclosure.

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