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The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.
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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
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Fundamentals of Central Banking: Lessons from the Crisis
October 16, 2015 - Group of Thirty
This report identifies three continuing core principles for central banking and ten observations on how central banks must adjust their roles going forward to better prevent and address future crises.
Explains that it is time to establish a new paradigm for interactions between boards and supervisors, built on mutual trust and transparency so supervisors and boards are better able to fulfill their responsibilities.
Toward Effective Governance of Financial Institutions
January 1, 2012 - Group of Thirty
The report stresses that values influence the behavior of those with governance responsibilities and the key to reform is to promote changes in the ways in which these individuals think about their responsibilities.
- European Commission Urged to Update Financial Governance Rules
October 20, 2016 - Public Finance International
- Stronger Governance and Less Regulation Will Help #BuildTrust with Citizens, IFAC and ICAEW Joint Report Says
September 29, 2016 - IFAC
- UK Legislators Criticise "Sticking Plaster" OECD Tax Avoidance Reforms
August 4, 2016 - Public Finance International
- Big Win for Tax Whistleblowers as Pair Gets $17.8 Million
August 4, 2016 - Wall Street Journal
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