by Muhammad Azizul Islam, PhD (RMIT), CPA (Australia), CA (CA ANZ) Associate Professor & Team Leader of Accounting for Social and Environmental Sustainability Research Group, School of Accountancy, QUT, Brisbane, Australia | February 10, 2017
The accounting profession will face significant changes in the next three decades, and professional organizations, their members, and educational institutions should respond.
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Well-Managed Government Is Critical to Functioning Societies
by Ian Ball, Chairman, CIPFA International | March 27, 2017
Poor public sector financial management create fundamental problems in society.
Navigating Principles-based Standards in Financial Reporting
by Alice Telfer, Head of Business and Public Sector, ICAS and Michelle Cricket, Director of Research, ICAS | March 27, 2017
Organizations are increasingly applying principles-based standards in financial reporting, and a new practical guide from ICAS can help those involved in financial reporting make professional judgments.
Strong PFM Requires End-to-end Financial Literacy
by Dr Susanna Di Feliciantonio, Head of EU Public Affairs, ICAEW | March 16, 2017
Political and constitutional systems vary markedly across the EU; so too do public financial management (PFM) structures. The common thread is the need to ensure effective democratic accountability and encourage greater public transparency.
Building Trust through Agreed-Upon Procedures
by Bodo Richardt, President, European Federation of Accountants and Auditors for SMEs and Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | March 13, 2017
Feedback from small- and medium-sized accounting practices and entities, SMPs and SMEs, is a crucial step in developing an agreed-upon procedures standard that suits, and allowing SMPs and SMEs to more fully realize the potential of these...
Exploring the Demand for Agreed-Upon Procedures Engagements
by Christopher Arnold, Head of SME/SMP and Research, IFAC and Jasper van den Hout, Principal, International Auditing and Assurance Standards Board | March 10, 2017
The IAASB’s Agreed-upon Procedures Working Group has issued a Discussion Paper and requests input from all stakeholders.
Representing Small Practices—Key Priorities for the SMP Committee
by Monica Foerster, Chair, IFAC SMP Committee | March 6, 2017
Monica Foerster, the new Chair of the IFAC Small and Medium Practices Committee, highlights the key activities and projects for the committee in 2017.