Home » Tag Archives: Accounting Profession News (page 3)

Tag Archives: Accounting Profession News

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 ...

Read More »

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, ...

Read More »

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 ...

Read More »

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. The CPA Outlook Index, a broad-based composite index that captures the ...

Read More »

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. With approval now ...

Read More »

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. In Singapore and elsewhere, regulators are also actively engaged in stakeholder consultations to assess how audit can be ...

Read More »

Employers Rate ACCA the Leading Global Accountancy Body: Independent Survey

KARACHI (May 09, 2011) – ACCA (the Association of Chartered Certified Accountants) has been rated as the leading global professional accountancy body in reputation, influence and size by employers around the world more frequently than any other professional accountancy body, according to an independent survey of 1,300 employers in 20 countries. This finding shows that ACCA is widely recognised for ...

Read More »

ACCA to Hold Pre-budget Seminar with Focus on Growth of Businesses

KARACHI (April 25, 2011) – Encouraging Enterprise Growth of Business is the theme of ACCA Pre budget discussions for 2011. ACCA is holding a pre-budget seminar 27 April, 29 April and 5 May in Lahore, Karachi and Islamabad respectively. These discussions are aimed to bring policy makers and key stakeholders on a platform to discuss the key recommendations for revival ...

Read More »

Accountancy Profession's Strategic Oversight can Future-proof Businesses Worldwide, says ACCA

KARACHI (December 20, 2010) – Global business leaders expect finance professionals to take on a more strategic role in the future, with more than half of respondents to a new research from ACCA believing the ethical integrity of finance professionals will become increasingly important. The value creation model for business: 2010 and beyond sought the opinions of over 500 senior ...

Read More »

AICPA Launches New Public Service Tax Website to Help Taxpayers Make Sense of Tax Laws and Rules

NEW YORK (December 15, 2010) – The American Institute of Certified Public Accountants today unveiled 360Taxes.org, a new public service website to help taxpayers better understand how the federal tax system works. The new website, which has been developed over the past year, is launching just days after President Obama called for fundamental reform of the income tax system, touching ...

Read More »