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High-quality business reporting is at the heart of strong and sustainable organizations, financial markets, and economies. It allows organizations to present a cohesive explanation of their business and helps them engage with internal and external stakeholders, including customers, employees, shareholders, creditors, and regulators, while also promoting better internal decision-making. Professional accountants are integral to all phases of organizational reporting. Read More
IFAC’s PAIB Committee member and AT&T Director of Accounting Bill Schneider, CPA, CGMA, discusses the challenges associated with recognizing revenue earlier for certain transactions, determining what performance obligations are, and a possible need for costly systems changes.
Tansparency is one of the cornerstones of the U.S. stock market. By requiring publicly traded companies to disclose their finances, legal conflicts, executive compensation and other details, the system deters wrongdoing, encourages management competence and assures that investors compete on a level playing field.
The United Nations is working to identify and address some of the world’s greatest challenges through the formulation and then implementation of sustainable development goals.
This guide is intended to inform members of audit committees and directors about integrated reporting (<IR>) and how it can benefit organizations you work with as well as some of the challenges around implementation.
An international study supported by ACCA reveals the importance of trade credit and the global differences in accessing it.
FASB and the International Accounting Standards Board (IASB) are struggling to find common ground in their efforts to create a converged standard for financial reporting on leases.
July 17, 2014 - Association of Chartered Certified Accountants
June 30, 2014 - In The Black
June 27, 2014 - International Integrated Reporting Council
June 27, 2014 - The Accountant
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