Perspectives of the Accountancy Profession over the Next Decade – A Scenario Analysis
by Klaus Backhaus, University of Münster, Institute of Business-to-Business Marketing; Hans-Jürgen Kirsch, University of Münster, Institute of Accounting and Auditing; and Christina Rossinelli, University of Münster, Institute of Business-to-Business Marketing | February 24, 2015 |
Accountants are faced with many challenges that will affect the profession, such as changes in national regulatory frameworks or the influence of IT on auditing. It is crucial that accountants prepare for these developments, which could dramatically alter the entire profession. To address these developments adequately, the Institut der Wirtschaftsprüfer in Deutschland e.V. (IDW, or the Institute of Public Auditors in Germany) initiated a research project. In the project, we ran a complex scenario analysis to identify those factors that have a key influence on the developments.
Unlocking Global Growth
by David Thodey, 2014 Chair, B-20 Infrastructure and Investment Taskforce, and Chief Executive Officer, Telstra | February 11, 2015 |
Countries across the G-20 are facing a common set of imminent challenges including rapid population growth, growing international trade, and the urgent need to replace aging infrastructure.
The Importance of Revising the International Education Standards
by Peter Wolnizer, Immediate Past Chair, International Accounting Education Standards Board | January 27, 2015 |
Recognizing the trend toward global convergence and the increasing mobility of professional accountants, the International Accounting Education Standards Board™ (IAESB™) project to revise and redraft
2015: A Commitment Renewed
by Fayez Choudhury, CEO, IFAC | January 13, 2015 | 2
In a public address for 2015, IFAC CEO Fayez Choudhury answers the question: what makes the accountancy profession resilient, viable, and strong?
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...
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.
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.