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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
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.
his publication is aimed at SMEs who are considering whether sustainability reporting is relevant for them, and how they can start the reporting process in a realistic way that relates to their own context and circumstances. It provides a simple introduction to sustainability reporting (using the GRI G4 Guidelines) in order to help SMEs take the first small steps in their sustainability journey.
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.
November 25, 2014 - IFRS Foundation
November 25, 2014 - Financial Reporting Council
November 19, 2014 - AccountingWEB
November 18, 2014 - Accountancy Age
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