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AICPA and Brazilian Accounting Bodies Agree on Memorandum of Understanding

NEW YORK (Dec. 9, 2011) – The American Institute of CPAs (AICPA), the Conselho Federal de Contabilidade (CFC – Federal Accounting Council) and the Fundao Brasileira de Contabilidade (FBC – Brazilian Accounting Foundation) announced that they have agreed to a Memorandum of Understanding. The two-year agreement was signed earlier this week at the CFC offices in Brasilia. The MOU, intended ...

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Challenge of Diversity in Workplace: Experts to Offer Solutions for the Future

KARACHI (December 02, 2011) – The low representation of women in the boardroom, growing income inequality, and the retention of talent have all been prominent in recent news headlines. To better understand the challenges of workplace diversity, expert opinion and research findings will form the content of three global Expert Panels all centred on the theme of Diversity – launched ...

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International Committee Roundtable Advances Discussion on Integrated Reporting

NEW YORK (Nov. 16, 2011) – The International Integrated Reporting Committee (IIRC) held a roundtable meeting earlier this week at SAP’s Executive Briefing Center in Palo Alto, California to gather perspectives on integrating governance, environmental and social performance information into organizational financial reporting. The meeting, co-convened by the AICPA, Ceres and Sustainable Silicon Valley, was attended by business leaders from ...

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USA and Hong Kong Sign Mutual Recognition Agreement for Accounting Profession

NEW YORK and NASHVILLE (October 24, 2011) – The U.S. International Qualifications Appraisal Board (U.S. IQAB) and the Hong Kong Institute of Certified Public Accountants have entered into a five-year Mutual Recognition Agreement that establishes the basis for reciprocity between the U.S. and Hong Kong accounting professions. “The agreement we’ve signed today with the Hong Kong Institute of Certified Public ...

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AICPA, NASBA and Prometric Announce U.S. CPA Exam to be Administered in Brazil

NEW YORK, NASHVILLE and BALTIMORE (October 18, 2011) – The American Institute of Certified Public Accountants, National Association of State Boards of Accountancy, and Prometric announced the international administration of the Uniform CPA Examination will be offered in Brazil, starting in February 2012. The U.S. CPA exam is administered internationally as a service to foreign nationals, as well as, in ...

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Revenue Collection Increased by 27.4 percent in July-September 2011: FBR

ISLAMABAD (October 04, 2011) – The Federal Board of Revenue (FBR) has realized a total provisional collection of Rs.373.819 billion during the first quarter of July-September 2011-12 showing an overall increase of 27.4 percent as compared to same period of last fiscal year. According to the provisional figures released by the Federal Board ofRevenue (FBR), here Tuesday during the period ...

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SECP Seeks Comments on Draft of Fertilizer Industry (Cost Accounting Records) Order, 2011

KARACHI (October 03, 2011) – The Securities and Exchange Commission of Pakistan (SECP) has sought objections or suggestions from stakeholders in next thirty days about the draft of Fertilizer Industry (Cost Accounting Records) Order, 2011, issued vide SRO 852-I-2011. The SECP has developed and issued notification for draft of Fertilizer Industry (Cost Accounting Records) Order, 2011, for the chemical fertilizer ...

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The World has Changed – So Should Reporting: IIRC

KARACHI (September 12, 2011) – Business and investment leaders today call for a new approach to corporate reporting in a landmark Discussion Paper, called Towards Integrated Reporting – Communicating Value in the 21st Century, published by the International Integrated Reporting Committee (IIRC). Integrated Reporting will provide more comprehensive and meaningful information about all aspects of an organization’s performance and position, ...

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AICPA, NASBA and Prometric Announce Launch of U.S. CPA Exam at International Test Sites

NEW YORK (Aug. 8, 2011) – The American Institute of Certified Public Accountants (AICPA), National Association of State Boards of Accountancy (NASBA), and Prometric today announced the successful launch of the U.S, CPA Examination in international locations – the first time in history it has been administered outside of the United States and its territories. On August 1, the first ...

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High Inflation and Low Investment Hampers Global Economic Recovery: ACCA Survey

KARACHI (July 21, 2011) – Rising inflation and flat investment have kept the world’s economic recovery stuck in reverse, the latest Global Economic Conditions survey from ACCA (the Association of Chartered Certified Accountants) has shown. Of the 2,186 ACCA members surveyed between 16 May and 6 June 2011, only 26% reported increased confidence, down from 28% three months ago, with ...

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