Islamic Finance: A Trend Too Significant to Ignore

by Jaseem Ahmed, Secretary General, Islamic Financial Services Board | December 8, 2014 |

The year 2014 has seen a flurry of international activity in Islamic finance with important issuances of Islamic securities—in the form of sovereign Sukūks—by the United Kingdom and Luxembourg in Europe, as well as by South Africa and Senegal in Africa, among others. These issuances come in the wake of sustained growth of the industry in recent years. Although the origins of Islamic finance go back many centuries, its re-emergencies relatively recent.


Board and CFO Leadership Key to Integrated Reporting Success

by Alta Prinsloo, Executive Director, Strategy, and Chief Operating Officer, IFAC | November 25, 2014 |

The final plenary session held at the recent World Congress of Accountants in Rome, on Integrated Thinking, The Key to Improved Performance and Value Creation, clearly demonstrated how an...

 2 Recommended

Fairness in Taxation

by Friedrich Roedler, Chair – FEE Tax Policy Group | November 11, 2014 |

Taxation is essential to the functioning of a society—indeed, it is a strong indication that “civilization” actually exists.

 1 Recommended

Unlocking the Full Potential for a Global Accountancy Profession through Trade

by the Honorable Pierre Pettigrew, Executive Advisor – International, Deloitte Canada, Former Minister for Foreign Affairs and International Trade, Canada | November 4, 2014 |

International trade is the world’s growth engine, and today’s international trade agenda is an opportunity not to be missed by the accountancy profession.

 2 Recommended

Professional Accountancy Organizations: Serving SMEs Is Critical in Times of Economic Crisis

by Eamonn Siggins, Chief Executive Officer, CPA Ireland | October 28, 2014 | 1

As professional accountancy organizations (PAOs), IFAC member bodies serve the public interest in a variety of ways. They contribute to standard setting, regulation, quality assurance, education, examinations, corporate social responsibility, and much more.

 2 Recommended

Accountability. Now. We Must Enhance Government Accountability and Transparency

by Andreas Bergmann, Chair, International Public Sector Accounting Standards Board | October 21, 2014 | 1

In the public sector, the lack of transparency and accountability presents a major risk to the efficiency of capital markets, global financial stability, and long-term sustainability. We need to create greater public awareness among all levels of society.


Integrated Reporting—Seizing the Opportunity to Lead

by Helen Brand, Chief Executive, Association of Chartered Certified Accountants | October 14, 2014 |

As a result of the International Integrated Reporting Council (IIRC)’s Framework being issued in December 2013, integrated reporting has truly begun to take off around the world.


The Role of Professional Accountants in the Proper Functioning of Taxation Systems

by Russell Guthrie, IFAC Executive Director, Professional Relations and CFO | September 30, 2014 | 3

There has been much recent debate in many sectors of the economy and among politicians about the role of taxation in society, the extent to which tax planning is appropriate, and taxpayer behavior.

 2 Recommended

Beyond Enhanced Reporting—The Next Step in Public Sector Financial Management

by Ken Warren, Chief Accounting Advisor, Treasury of the Government of New Zealand | September 16, 2014 | 1

In recent years, there has been a belated recognition that government financial information is insufficient.

 1 Recommended

Making Financial Reporting Better: Strengthening the Financial Reporting Supply Chain

by Fayez Choudhury, CEO, IFAC | September 2, 2014 | 3

Is it sufficient to wait until the next financial crisis hits and ask only: "where were the auditors?"

 1 Recommended



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