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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
Changes to the way the headline indicator of company performance is identified will have a significant impact on business. Liz Loxton looks at the work being done to prepare the ground.
Non-GAAP Financial Measures—Enhancing Their Usefulness
July 16, 2014 - PwC
This report indicates that investors find non-GAAP measures useful, for example, in forecasting future cash flows and understanding management’s perspective of the business.
The company-accounts detectives collar another suspect
The 196-page guide is primarily a summary of the use of International Financial Reporting Standards (IFRS) in each of the 130 countries and other jurisdictions around the world that have been surveyed to date.
"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.
September 17, 2014 - IFRS Foundation
September 16, 2014 - Bangkok Post
September 15, 2014 - Financial Reporting Council
September 12, 2014 - Accounting Today
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