New globally accepted standards aim to improve investor confidence and “reduce the risk of material misstatements”.

The International Auditing and Assurance Standards Board (IAASB) has published a public consultation for its 2024-27 proposed strategy and work plan, with it wishing to develop an...

Companies operating globally will soon face mandatory sustainability reporting requirements, which must be audited. Initially, the checks will be less strict than for financial reporting, but that is expected to change.

In this podcast, Ian provides his take on recent public sector financial management developments including sustainability reporting and future pressure on the standard setter in light of increased adoption of accruals accounting.

Businesses should be careful not to let the legal and regulatory requirements being introduced in the sustainability disclosure arena to overshadow the need to embed sustainability into core business operations.

To adequately incorporate sustainability factors into core operating functions...

The Association of Chartered Certified Accountants and the International Federation of Accountants released a joint report Thursday on fostering the professionalization of the public finance workforce and building its capabilities to improve public financial management. 

PFM reforms are government...