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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
"One of the most value-added activities that an internal audit department can undertake is to be able to demonstrate clearly where (the organization) is vulnerable.” Joe Murphy on cybersecurity risks and Attack & Penetration Testing
ACCA makes two major recommendations
What is IFRS for SMEs? ACCA's Corporate Reporting teams explains, in this video presentation.
The IFRS Foundation has announced the publication of: IFRS as global standards: a pocket guide 2014, which will be available to the public soon. The pocket guide aims to provide an overview of the adoption of IFRS in 130 countries and other jurisdictions around the world
Humanity is making risky climate bets and ExxonMobil will probably be proved right.
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.
August 28, 2014 - International Public Sector Accounting Standards Board
August 25, 2014 - Business World Online
August 25, 2014 - The Accountant
August 15, 2014 - The Accountant
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