Organizations that embrace diversity and inclusion outperform those that don’t; as Joy Thomas, President and CEO of CPA Canada and an IFAC Board Member, puts it, “Not only is [diversity and inclusion] the right thing to do but it is a business imperative.” Creating a constructive culture can help organizations facilitate diversity and inclusion. For example, organizations can move the needle by establishing multiple channels for employees to communicate their concerns to senior management.
Professional accountants must communicate the excitement, challenges, and rewards of our profession in order to attract new talent, according to Institute of Management Accountants (IMA) Chief Executive, Jeff Thomson. Accountancy is
by Hans Hoogervorst, Chairman, International Accounting Standards Board | December 13, 2016 | 1
Hans Hoogervorst, Chairman of the International Accounting Standards Board (IASB), explains why the board does an agenda consultation every five years. While the IASB is currently focused on completing its work on insurance and its
by Olivia Kirtley, Past President, IFAC | November 29, 2016 |
Following the World Congress of Accountants 2014, His Holiness Pope Francis addressed the accountancy profession on being a positive force in the fight against fraud and corruption. As my IFAC presidency came to a close, I wrote to His
by Berry Wammes, Executive Director, Royal Nederlandse Beroepsorganisatie van Accountants | November 15, 2016 | 1
During a storm in the Pacific Ocean in 1992, a sea container with 28,800 rubber ducks fell overboard from ship travelling from China to the US. The toys were carried by winds and ocean currents, and eventually washed up on shores in North America and Asia. Some of the rubber ducks drifted into the Bering Sea and froze into the polar ice. Over ten years later, one of these ducks washed up on the Dutch coast. It appears the duck was able to belatedly continue its journey due to melting ice in the polar region. As a result, the toy became a plastic symbol for climate change.
by Cindy Fornelli, Executive Director, Center for Audit Quality (CAQ) | November 1, 2016 |
Citing Cathy Engelbert, CEO of Deloitte and the first woman CEO of a major accounting firm, Cindy Fornelli, Executive Director of the Center for Audit Quality (CAQ), tells women of all ages to be leaders on their own terms, in small and large
Last week, the South African Independent Regulatory Board for Auditors (IRBA) announced a timeline for new mandatory audit firm rotation requirements—a policy requiring companies to switch auditors periodically. In the same week, the
Why do the UN Sustainable Development Goals (SDGs) matter for the global accounting profession? Yannick Glemarec, UN Assistant Secretary General and Deputy Executive Director, UN Women, tells us we have a critical role in “counting
Last month, the Natural Capital Protocol launched to great fanfare at Chartered Accountants Hall in London. The Protocol is a standardized framework for business to identify, measure, and value their direct and indirect impacts and dependencies
Young accountants can look forward to entering a profession poised to address many of society’s challenges, says Robert Hodgkinson, Executive Director, Technical, at ICAEW. These include creating a more sustainable world, working with