UK NAO launches public consultation on new draft Code of Audit Practice
The UK National Audit Office (NAO) has launched a public consultation on its proposed update of the Code of Audit…
Month: August 2019
Charities’ audit quality questioned by UK regulator
A new study by the UK Charity Commission, has found that only around half of charity accounts reviewed met the regulator’s external…
Guinea, Namibia and Honduras join the fight against tax evasion
Guinea, Namibia and Honduras have joined the Global Forum on Transparency and Exchange for Tax Purposes as its 155th, 156th…
ByAICPA’s Auditing Standards Board proposes amendments to Special Purpose, Single, and Summary Financial Statements under new auditor reporting standards
The American Institute of CPAs (AICPA) Auditing Standards Board (ASB) has issued an exposure draft of a proposed Statement on…
ByFAF trustees appoint Fiona Ma to the Governmental Accounting Standards Advisory Council
The US’ Financial Accounting Foundation’s (FAF) Board of Trustees has appointed California State Treasurer Fiona Ma to the Governmental Accounting…
IPASB issues exposure draft for public sector specific financial instruments
The International Public Sector Accounting Standards Board (IPSASB) has released an Exposure Draft, Public Sector Financial Instruments, Amendments to IPSAS…
Soft skills: why accountants may be frustrated with their careers
US educator and businessman Stephen Covey said as part of his book The 7 Habits of Highly Effective People: ‘Begin…
ASB’s proposed Standard encourages professional scepticism
The American Institute of CPAs’ (AICPA) Auditing Standards Board (ASB) has issued Proposed Statement on Auditing Standards (SAS), Auditing Accounting Estimates…