For those small- and medium-sized entities ready to embrace integrated thinking, and reporting, the eventual benefits will outweigh the costs, and their accountants can help them along the journey.
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Five Key Methods to Improve Public Financial Accountability
by Ian Ball, Chairman, CIPFA International | August 14, 2017
There is increased awareness of the crucial need for better performance and greater accountability in public financial management (PFM) systems around the globe.
Five Reasons Why the Finance Function Is Ready for Disruption
by Erik Kolthof, Senior Advisor, Senior Advisor, Accountants in Business, Royal Nederlandse Beroepsorganisatie van Accountants | July 31, 2017
Many finance professionals underestimate the impact of technology on their jobs when there is actually no time to waste in sharpening technological competencies.
Financial Management Reform in UK Government: Putting Finance at the Heart of Decision Making
by Rebecca McCaffry, FCMA, CGMA, Associate Technical Director–Management Accounting, the Association of International Certified Professional Accountants | July 31, 2017
Solid management information can help governments manage resources and make decisions that deliver value for money.
Survey Ratifies the Advances of the New Auditor's Report in Brazil
by Idésio Coelho, President, IBRACON, Senior Partner, EY, & IFAC Board Member | July 31, 2017
A new survey by the Instituto dos Auditores Independentes do Brasil (IBRACON) reveals some key elements included in new auditors’ reports in Brazil, including Key Audit Matters.
Integrated Thinking: A Pillar for Integrated Reporting
by Mats Olsson, IFAC SMP Committee Deputy Chair and Partner, Adrian & Partners AB | July 28, 2017
Integrated thinking is an important aspect of integrated reporting, which can ultimately drive business development.
Your Turn to Weigh In: Proposed Modernization of Accounting Estimates Auditing Standard
by Jasper van den Hout, Principal, International Auditing and Assurance Standards Board | July 18, 2017
The IAASB’s Proposed ISA 540 (Revised), Auditing Accounting Estimates and Related Disclosures, significantly changes how auditors evaluate accounting estimates and related disclosures—auditors and other stakeholders are asked to consider the...