Next IAASB leader to focus on worldwide ISA implementation
Arnold Schilder will take the helm of the International Auditing and Assurance Standards Board (IAASB) on 1 January 2009 –…
Month: July 2008
Regulatory burdens amplify skills shortage
Regulatory burdens have the potential to further amplify the South Africa audit profession’s crushing skills shortage, according to two industry…
Insurance industry warns liability caps will not lower premiums
An insurance leader has warned a Europe-wide auditor liability cap will not lead to cheaper insurance for firms and could…
Europe seeks louder IFRS voice
The European Financial Reporting Advisory Group (EFRAG) is seeking to strengthen the European contribution to the international standard-setting process, using…
UK regulator tackles complexity
The complexity and relevance of current company reporting requirements will be investigated by the UK Financial Reporting Council. The regulator…
News Briefs
Mills chosen to lead UK oversight board... IASC releases revised constitution review proposals... European standard setters call for financial reporting…
Crossing borders
The Chartered Institute of Public Finance and Accountancy’s involvement in the international arena will be a key focus for the…
PCAOB reporting unlikely to affect firms’ bottom lines
New reporting requirements for US firms are unlikely to have a major impact on resources or cost although it should…