Issuing a Challenge to the Profession: Preparing Today’s and Tomorrow’s Educators and Researchers in Emerging Economies
by Professor Katherine Schipper, Thomas F. Keller Professor of Accounting, Duke University, and Professor Donna Street, Mahrt Chair in Accounting, University of Dayton | August 19, 2014 | 1
Scholars in emerging economies begin their careers as accounting educators and researchers with excitement and high aspirations. They eagerly accept the challenge of educating future generations of accounting professionals in developing countries. They understand that the demand for well-trained accounting professionals is high, often exceeding the supply, and they are determined to have a positive effect—to make a difference.
Some Positive Aspects of the Statutory Audit Reform in Europe
by Yves Nicolas, President, and Cédric Gélard, Technical Director, CNCC | July 22, 2014 |
The final texts of the statutory audit reform (i.e., the Directive and the Regulation) have now been published in the official journal of the European Union, bringing to a close four years of intense discussions that may significantly change the shape of statutory audit in Europe.
The Cost of European Audit Legislation
by Jens Røder, Secretary General & CEO, Nordic Federation of Public Accountants | July 8, 2014 |
The Treaty of Lisbon, which came into effect in 2009, was designed to make the European community more effective, taking into account the perceived benefits accruing from full integration of the internal market.
Shared Standard Setting in the Public Interest: A Strong Model
by Fayez Choudhury, CEO, IFAC | June 24, 2014 |
The last two decades have been a definitive era in the evolution of the accountancy profession. In the wake of major corporate scandals at the turn of the century, an international public debate arose on the need for more effective and well-considered regulation; this debate then reignited during the global financial and sovereign debt crises.
It’s Not Really about Bitcoin, It’s about Change
by Fayez Choudhury, CEO, IFAC | June 10, 2014 | 1
The accountancy profession plays an important role in promoting the growth of economies and the efficient operation of markets. In these times of rapid technological change, we should also be key players in the financial innovation taking place across society.
Interconnected Global Risks: No Man, or Business, Is an Island
by Mervyn King, Chairman, International Integrated Reporting Council | April 16, 2014 |
The challenge of designing an economic model capable of identifying, and then responding to, systemic and interconnected risks is something the G-20 has been grappling with since the onset of the global financial crisis in 2008.