Talent is difficult to find for accountancy firms. One of the most important actions the industry can take to improve this is putting energy into diversity and inclusion, according to research Institute of Management Accountants (IMA...
In The News
Accountant August 9, 2022
Diversity contributes to better future prospects for accountancy
A diverse, equal and inclusive organization makes it easier to attract and retain accounting talent. It also promotes innovation; companies with diverse teams are 45 percent more likely to increase their market share. ...
Accountant Week August 8, 2022
Women and minorities turn away from accountancy
Diverse and inclusive accountancy firms attract staff more easily, who also stay on longer. In addition, offices with diverse teams are 45 percent more likely to increase their market share. But for many offices, it doesn't go far enough. ...
Accounting Today May 12, 2022
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IPSASB plans sustainability reporting standard for public sector
The International Public Sector Accounting Standards Board opened a global consultation asking for input on a proposal for a sustainability reporting framework for the public sector, echoing recent moves in the private sector.
Accounting Today May 6, 2022
Accountants work on improving diversity
The accounting profession is undergoing a reexamination of its efforts to address the lack of diversity, not only in the U.S. but in other parts of the world.
Last month, the Institute of Management Accountants, the California Society of CPAs and the International Federation of Accountants...
Canadian Accountant April 30, 2022
IFAC report: Audit fees in Canada rise to seven-year high
Audit fees in Canada hit a seven-year high in 2020 despite pandemic lockdowns and business restrictions, according to ...
Accounting Today April 25, 2022
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Audit Fees Rising Faster in U.S. Than Other Countries
Audit fees in the U.S. appear to be climbing at a faster pace in recent years than in Canada and Europe, according to a new survey from the International Federation of Accountants.
Accounting Today April 11, 2022
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Tech News: IFAC Releases Audit Tool
The International Federation of Accountants has launched new resources for ISA 540 implementation.
Accounting Today April 4, 2022
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IPSASB proposes multi-employer retirement plan accounting changes
The International Public Sector Accounting Standards Board released for public comment an ...
Treasury Today Group March 30, 2022
Asia's accounting scandals spur audit reform
A string of high-profile corporate failures and frauds in Asia has called into question the role of the auditors and prompted calls for the profession to be reformed. This falls in line with a global trend of audit reform and a need to adapt to the changing requirements of corporates.