Sustainability services increase among SMPs: IFAC
Small and medium-sized accounting practices (SMPs) face strong demand for sustainability services from clients, according to a recent survey by…
ByMonth: July 2013
ICAEW broadens Singapore accounting qualification
University graduates without an accountancy background will now be able to qualify as chartered accountants of Singapore as part of…
ByUK FRC adds to insurance accounting review
The UK Financial Reporting Council (FRC) has issued an update of the UK accounting standard for insurance contracts, FRS 103,…
IIRC framework needs external assurance rules: BDO
In a supportive response to the international integrated reporting framework launched by the International Integrated Reporting Council (IIRC), BDO International…
News analysis: Insurance contract accounting revisited
The international accounting standard-setter has issued the long-awaited insurance contract revised exposure draft. Sophie Exton investigates what this means for…
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Tax-Mex’ revolution: Mexico prepares for fiscal reform
The Mexican profession’s efforts to modernise the national tax system seem to be backed by new President Enrique Peña Nieto.…
FASB and IASB create joint group for revenue recognition standard
The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) are to create a joint transition…
Japan doomed to repeat Olympus scandal
Corporate Japan has learned few lessons from the $1.7bn Olympus fraud, the nation’s biggest accounting scandals in recent years, warns…