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Latest News - Professional Bodies

Webinars introduce database of sustainability reporting requirements

  • Author: Stephanie Wix,Federica Tedeschi
  • Published: 23 Nov 2017

The World Business Council for Sustainable Development (WBCSD) has held two webinars to engage stakeholders at all levels with the collaborative.... read more

IFAC elects new board members

  • Author: Federica Tedeschi
  • Published: 23 Nov 2017

The International Federation of Accountants (IFAC) has elected three new board members.. read more

UK FRC opens an investigation into Mitie Group accounts

  • Author: Stephanie Wix
  • Published: 21 Nov 2017

The UK Financial Reporting Council (FRC) has announced that in conclusion of reviewing the annual report and accounts of Mitie Group it will open.... read more

UK FRC answers to critics but still fails to convince

  • Author: Federica Tedeschi
  • Published: 21 Nov 2017

The UK Financial Reporting Council (FRC) has issued the report on the independent review of the sanctions imposed under its enforcement procedures.... read more

Singaporean and Irish institutes sign reciprocal membership agreement

  • Author: Stephanie Wix
  • Published: 20 Nov 2017

The Institute of Singapore Chartered Accountants (ISCA) and Chartered Accountants Ireland have signed a reciprocal membership agreement (RMA).. read more

Professional bodies working on a MoU to fight non-compliance with laws and regulations

  • Author: Sarajuddin Isar
  • Published: 16 Nov 2017

The South African Institute of Professional Accountants (SAIPA) has announced that it collaborates with other accounting professional bodies to.... read more

Italian antitrust authority fines Big Four total of $26.6m for restrictive competition

  • Author: Federica Tedeschi
  • Published: 16 Nov 2017

Italy’s antitrust authority has sanctioned the Big Four for €23.7m ($26.6m) altogether, following a violation of Article 101 of the Treaty on the.... read more

FASB vice chair Kroeker reappointed

  • Author: Federica Tedeschi
  • Published: 16 Nov 2017

The Board of Trustees of the Financial Accounting Foundation (FAF) has reappointment James Kroeker as vice chairman of the Financial Accounting.... read more

Registrations for the World Congress of Accountants open

  • Author: Vincent Huck
  • Published: 16 Nov 2017

Registrations for the World Congress of Accountants 2018 (WCOA 2018) have opened. The congress will take place in Sydney, Australia, which last.... read more

IESBA launches public survey on audit fees

  • Author: Federica Tedeschi
  • Published: 16 Nov 2017

The International Ethics Standards Board of Accountants (IEBSA) has launched a public survey on the level of fees charged by audit firms.. read more

Lack of career progression opportunities a challenge to talent retention in SMPs

  • Author: Stephanie Wix
  • Published: 15 Nov 2017

Growth and professional development are the top attracting factors to the profession but it is seen as limited for young professionals working in.... read more

IFAC’s future in international audit standard setting in the balance

  • Author: Vincent Huck
  • Published: 9 Nov 2017

The Monitoring Group, a group of international financial institutions and regulatory
bodies responsible for the overall governance of the.... read more

East and Southern African Associations of Accountants General joins regional initiative for public sector accounting and auditing

  • Author: Federica Tedeschi
  • Published: 9 Nov 2017

The Organisation of English-speaking African Supreme Audit Institutions (AFROSAI-E) and the Pan African Federation of Accountants (PAFA) have.... read more

CA ANZ reports drop in revenues but rise in membership

  • Author: The Accountant
  • Published: 7 Nov 2017

The Chartered Accountants Australia and New Zealand institute (CA ANZ) has published its annual report 2017, highlighting revenues of $6.77m, down.... read more

Analysis: IFAC’s role in international audit standards setting could be scrapped

  • Author: Vincent Huck
  • Published: 3 Nov 2017

The Monitoring Group, which oversees the International Federation of Accountants (IFAC), will release a public consultation laying out several.... read more

North American professional bodies renew mutual recognition agreement amid NAFTA heated negotiations

  • Author: IAB and TA editorial
  • Published: 2 Nov 2017

The American Institute of CPAs (AICPA) has renewed  a Mutual Recognition Agreement (MRA) with peers from Mexico and Canada recognizing the "close.... read more

USA audit committees increasingly transparent on oversight of external audit

  • Author: Stephanie Wix
  • Published: 1 Nov 2017

An increasing number of USA company audit committees are voluntarily providing wider disclosures about their oversight of external auditors to.... read more

BP appoints first black female CEO

  • Author: The Accountant,IAB
  • Published: 1 Nov 2017

Chartered accountant Priscillah Mabelane has taken over as BP Southern Africa (BPSA) CEO from Daniel Odogwu, in September.. read more

Artificial intelligence should be a key concern for the future of internal auditors

  • Author: Stephanie Wix
  • Published: 1 Nov 2017

Technology is advancing rapidly and internal auditors should be concerned about how artificial intelligence (AI) could affect their roles, but not.... read more

Japanese institute advocates for integrated reports

  • Author: The Accountant
  • Published: 30 Oct 2017

Japanese companies have recently started to place a high value on investors that make investments from a mid- to long- term perspective, and as a.... read more


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