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The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.
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High-quality business reporting is at the heart of strong and sustainable organizations, financial markets, and economies. It allows organizations to present a cohesive explanation of their business and helps them engage with internal and external stakeholders, including customers, employees, shareholders, creditors, and regulators, while also promoting better internal decision making. Professional accountants are integral to all phases of organizational reporting. Read More
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Seeks to draw to a conclusion ICAS’ earlier work, Making Corporate Reports Readable, which was issued in 2010 for consultation. It also highlights other relevant work on corporate reporting and sets out ICAS’ overall policy position on corporate reporting.
Calls for the duties of company auditors, directors, and non-executives to evolve in order to provide greater transparency and accountability to shareholders and others.
Contains a pro forma short form report of a fictional universal bank and produces―in less than 30 pages―the key information of interest to investors.
- The Drive for Disclosure: What Matters and What Doesn’t
June 24, 2016 - Environmental Leader
- US FASB Issues New Guidance on Accounting for Credit Losses
June 17, 2016 - FASB
- US SEC Accountant Urges Vigorous Pursuit of Revenue Questions
June 17, 2016 - BloombergBNA
- Sovereign Debt Rule Changes Threaten EU Bank Finances
June 8, 2016 - Financial Times
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