Accounting News
Accountancy Profession News
Displaying items 1-15 from a total of 713 item(s).
Corporate Reports Still Hold Value to Stakeholders but Undermined by Length, Complexity: ACCA
KARACHI (February 01, 2012) - Corporate reports are being held back by confusion over their different audiences, their complexity, and lack of timeliness, according to a new ACCA (the Association of Chartered Certified Accountants) survey of annual report users ahead of the annual corporate reporting season.
Published on 2/1/2012
75% CEOs Admit There is Room for Improvement in Measurement of Non-Financial Value: AICPA
New York and London (Jan. 31, 2012) - In the wake of the financial crisis, three-quarters of the world’s CEOs say more emphasis should be placed on measuring the value of non-financial assets such as intellectual capital and customer relationships to drive long-term performance, according to research from the American Institute of CPAs (AICPA) and Chartered Institute of Management Accountants (CIMA).
Published on 1/31/2012
Squeeze on Public Finances will Continue into 2017, says Leading Public Sector Think Tank
LONDON (December 22, 2011) - "Audit and financial management adding public value” was the theme of ACCA’s (the Association of Chartered Certified Accountants) third international public sector conference held recently in London.
Published on 12/26/2011
AICPA Unveils Interactive Checklists to Ease Tax Preparation
NEW YORK (December 20, 2011) - Tax professionals have always looked to the American Institute of Certified Public Accountants’ Tax Practice Guides and Checklists as an essential tool for ensuring high quality standards in the preparation of clients’ returns. This season, however, the package has become even more valuable with the introduction of Interactive Tax Checklists that save time and boost efficiency.
Published on 12/20/2011
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.
Published on 12/9/2011
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 today by ACCA (the Association of Chartered Certified Accountants) and the Economic and Social Research Council (ESRC).
Published on 12/2/2011
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.
Published on 11/16/2011
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.
Published on 10/24/2011
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).
Published on 9/12/2011
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.
Published on 7/21/2011
CPA’s Survey Shows CFOs Compensation Set to Rebound
NEW YORK (June 30, 2011) - Good news could be on the horizon for many CFOs of U.S. companies. After a downward trend between 2008 and 2010, the forecast is that CFO total compensation will show a substantial improvement in 2011 at both private and public companies according to the 2011 CFO Incentives and Compensation Survey conducted by Michal Matejka, Ph.D. of the W.P. Carey School of Business at Arizona State University, Tempe, Ariz.
Published on 6/30/2011
AICPA Publishes New Attest Guidance for Reporting on Controls at a Service Organization
NEW YORK (June 29, 2011) - As companies take advantage of new technologies, such as cloud computing, and increasingly outsource functions to service organizations, these companies are requesting information and assurance that will enable them to assess and address the risks associated with an outsourced service. The American Institute of CPAs has issued new guidance that enables CPAs to provide relevant reporting that meets the assurance needs of service organizations and their customers.
Published on 6/29/2011
CPA Outlook Index Declines in Q2 as US Economic Optimism Wanes, Job Growth Stalls: AICPA Survey
New York, N.Y. (June 02, 2011) - According to the latest AICPA's Economic Outlook Survey, chief financial officers, controllers and CPAs in executive and senior management accounting roles are far less optimistic now about the direction of the U.S. economy than they were in the first quarter of 2011.
Published on 6/2/2011
AICPA and CIMA Agree to Offer New CGMA Designation
LONDON / WASHINGTON, DC. (May 23, 2011) - The governing bodies of the American Institute of Certified Public Accountants (AICPA) and the Chartered Institute of Management Accountants (CIMA), headquartered in London, today agreed on creation of a new professional designation, the Chartered Global Management Accountant, that will be a worldwide standard of professional excellence in management accounting.
Published on 5/23/2011
Audit Changes Must be Meaningful and Not Superficial: ACCA Policy Paper
KARACHI (May 20, 2011) - ACCA, in a policy paper Audit under fire: a review of the post-financial crisis inquiries, addresses the issues which have been raised during investigations by the UK House of Lords, the European Commission and the US senate.
Published on 5/20/2011
