Commission settles on 10-year retenders
While Europe contemplates mandatory audit firm rotation the UK Competition Commission has decided to impose 10-year mandatory retendering for the…
Month: October 2013
South African CFO’s “less optimistic” than international counterparts: SAICA
A South African Institute of Chartered Accountants (SAICA) report has found South African chief financial officers are less optimistic than…
Editor’s letter: All that glisters is not gold
In a New York Times article dated 13 September 1970, Milton Friedman, the economist who would later win a Nobel…
Global Accounting Power 50 vote opens
The first stage of voting has opened for the International Accounting Bulletin and The Accountant Global Accounting Power 50 list,…
Japan enhance use of IFRS
Revised rules issued by the Financial Services Agency of Japan (FSA) aim at enhancing the use of International Financial Reporting…
ByHong Kong regulatory oversight not strong enough: FRC
Regulatory oversight in Hong Kong failed to keep up with international practices according to a report by the Hong Kong…
FRC calls to action for improved disclosures
The UK Financial Reporting Council (FRC) has set out a series of calls to action for preparers and auditors to…
FRC appoints director of accounting and reporting
Anthony Appleton, currently BDO UK financial reporting advisory director, has been appointed director of accounting and reporting at the UK…