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The recent financial and economic crises exposed many corporate governance weaknesses—but, at the same time, they created momentum for change. Effective governance encourages better organizational decision-making, accountability, and robust scrutiny of organizational performance. Accountants are in an excellent position to ensure that governance is integrated into the very DNA of their organizations, which has been identified as critical to its effectiveness. Read More
Provides public sector auditors with direction on how to assess and make appropriate recommendations for improving governance activities and processes.
Resource center dedicated to the issue of fiscal responsibility for the public sector.
Presents 10 commandments for an effective internal audit function.
The purpose of the Principles is to support organizations in benchmarking and improving their management accounting systems. The Principles help the public and private sectors make better decisions, respond appropriately to the risks they face and protect the value they generate.
The Basel Committee released for consultation a set of revised guidelines on corporate governance at banks. Building on the Committee's Principles for enhancing corporate governance published in 2010, the proposed guidelines aim to strengthen various governance measures such as risk management and internal control arrangements, board competence, and compensation systems. Comments on the proposals are due by Friday 9 January 2015.
Through its membership of the Business and Industry Advisory Committee to the OECD, BIAC, IFAC is actively involved in the work of the Organisation for Economic Co-operation and Development (OECD).
In this report the Working Group Future Accountancy Profession proposes 53 measures to improve the quality and independence of the audit in the Netherlands and to rebuild the trust.
March 26, 2015 - Accounting Today
March 23, 2015 - The Daily Star
March 18, 2015 - Daily Times
March 17, 2015 - Organisation for Economic Cooperation and Development
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