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Enhancing Firm Credit Control and Fee Collection
by Christopher Arnold, Head of SME/SMP and Research, IFAC and George Willie, Managing Partner, Bert Smith & Co. | September 16, 2019
Effective credit control and collection practices are critical to successfully managing a small firm. Consider some fundamental rules and tips for resolving with fee conflicts.
Case Studies On Compliance With The IESBA Code of Ethics
by Johnny Yong, Technical Manager, Global Accountancy Profession Support, IFAC and Manoj Fadnis, Past Member, IFAC Small and Medium Practices (SMP) Committee | September 16, 2019
Case studies and real life examples from the Institute of Chartered Accountants of India (ICAI) about compliance with the fundamental principles of the IESBA’s revised and restructured Code of Ethics.
5 Key Factors to Enhance Audit Committee Effectiveness
by Laura Leka , Technical Manager, Global Accountancy Profession Support, IFAC and Laurie Tugman, IFAC PAIB Committee Member | September 9, 2019
It is important to recognize that there is no one-size-fits-all model for audit committees and therefore enhancing their effectiveness will be more dependent on adoption of good practices rather than further prescriptive legislation or additional...
CPA Canada: Reimagining Accountancy’s Future
by Tashia Batstone, Senior Vice President for External Relations and Business Development, CPA Canada | September 9, 2019
To prepare for tomorrow, CPA Canada challenged the status quo and considered how the drivers of change—economic, environmental, technological, geopolitical and societal shifts—will impact the future of the accounting profession.
Firm Business Continuity Planning and Risk Mitigation Strategies
by Christopher Arnold, Head of SME/SMP and Research, IFAC and Monica Foerster, Chair, IFAC SMP Committee | September 2, 2019
The importance of establishing a business continuity plan and risk mitigation strategies to prepare in case of death, loss or injury of a partner.
The Role of the Global Accountancy Profession in Addressing 21st Century Public Sector Challenges
by Thomas Müller-Marqués Berger, IPSASB CAG Chair | September 2, 2019
The public sector is facing a multitude of challenges globally, from budgetary pressures and revenue limitations to intense scrutiny of public finances, all at the same time as rapidly increasing demand for high-quality public services.
Risk Management Helps Leaders Master Uncertainty
by Robert B. Pojasek, Ph.D., Senior Strategist, Strategic Impact Partners | September 2, 2019
To help accountants and others lead and be proactively involved in ERM, it is important to understand the concepts and processes in risk management standards that can be put into place to deal with context risk.
Implementing Accrual Accounting in the Public Sector–Understanding Your Technology Is Vital!
by Thomas Müller-Marqués Berger, IPSASB CAG Chair | August 12, 2019
Whatever approach to accrual implementation is taken, technology has to be an integral part of the implementation strategy to succeed.