http://www.accountancy.com.pk/newsprac_archive.asp Latest news items related to accounting, audit and tax professions including news on Big4 firms, consulting firms, standards and accounting governing bodies. http://www.accountancy.com.pk/newsprac.asp?newsid=735KARACHI (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.http://www.accountancy.com.pk/newsprac.asp?newsid=735 http://www.accountancy.com.pk/newsprac.asp?newsid=734New 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). http://www.accountancy.com.pk/newsprac.asp?newsid=734 http://www.accountancy.com.pk/newsprac.asp?newsid=733LONDON (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. http://www.accountancy.com.pk/newsprac.asp?newsid=733 http://www.accountancy.com.pk/newsprac.asp?newsid=732NEW 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.http://www.accountancy.com.pk/newsprac.asp?newsid=732 http://www.accountancy.com.pk/newsprac.asp?newsid=731NEW 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.http://www.accountancy.com.pk/newsprac.asp?newsid=731 http://www.accountancy.com.pk/newsprac.asp?newsid=730KARACHI (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).http://www.accountancy.com.pk/newsprac.asp?newsid=730 http://www.accountancy.com.pk/newsprac.asp?newsid=729NEW 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.http://www.accountancy.com.pk/newsprac.asp?newsid=729 http://www.accountancy.com.pk/newsprac.asp?newsid=728NEW 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. http://www.accountancy.com.pk/newsprac.asp?newsid=728 http://www.accountancy.com.pk/newsprac.asp?newsid=727KARACHI (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).http://www.accountancy.com.pk/newsprac.asp?newsid=727 http://www.accountancy.com.pk/newsprac.asp?newsid=726KARACHI (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. http://www.accountancy.com.pk/newsprac.asp?newsid=726