ACCA: ethical leadership imperative for the accountancy profession
To restore trust and demonstrate ethical leadership are among the five imperatives the accountancy profession must focus on in the…
Month: September 2012
CIPFA chief executive to step down
The chief executive of the Chartered Institute of Public Finance and Accounting (CIPFA), Steve Freer, has announced that he will…
IASB to re-expose insurance standards proposal
The International Accounting Standards Board (IASB) has decided to re-expose its proposals on the insurance contract project which is intended…
Hong Kong FRC appoints chairman
The Hong Kong Financial Reporting Council (FRC) has appointed John Poon Cho-ming as chairman for a two year term starting…
UK Corporate Governance Code shakes up audit
The Financial Reporting Council (FRC) has published revisions to the UK Corporate Governance Code (CGC), which now includes a requirement…
Wheatley report finds LIBOR reform needs external audits
Reinforced audit procedures and strengthened reporting practices are one of the cornerstones for the London inter-bank offered rate (LIBOR) reform,…
FRC issues revised ISAs
The UK Financial Reporting Council (FRC) has issued revised International Standards on Auditing (ISAs) primarily to support changes to the…
Canada launches consultation on audit quality
The Canadian Public Accountability Board (CPAB) and the Canadian Institute of Chartered Accountants (CICA) have launched a consultation on audit…