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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.
The International Accounting Education Standards Board establishes standards, in the area of professional accounting education, that prescribe technical competence and professional skills, values, ethics, and attitudes.
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The International Public Sector Accounting Standards Board develops standards, guidance, and resources for use by public sector entities around the world for preparation of general purpose financial statements.
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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.
- Is the New Accounting Standard on Leases Set to Change Business Practice?
August 22, 2016 - In the Black
- US FASB Aims to Clarify Consolidation Guidance for Not-for-Profits
August 10, 2016 - Accounting Web
- Singapore Lags behind in Sustainability Reporting
August 8, 2016 - The Accountant
- Why Non-GAAP Earnings May Be Risky for Investors
August 5, 2016 - Investopedia
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