The International Federation of Accountants (IFAC) has published its 2024 Global Adoption Status Snapshot, highlighting progress in adopting international standards across member jurisdictions. Building on its 2019 debut, the report celebrates success stories, improvements in quality assurance and disciplinary systems, and explores what drives effective adoption and implementation.
The International Federation of Accountants (IFAC) has released a new publication that provides insight into what accountants should expect from the future of sustainability reporting assurance – in which they will play a key role.
The International Federation of Accountants (IFAC) has published a report outlining four key areas where accountants need to enhance their knowledge to meet the escalating demand for sustainability-related information.
In response to the increasing demand for sustainability-related disclosure and reporting, the International Federation of Accountants (IFAC) has published a literature review to assess and enhance the education available to accountancy professionals.
The International Accounting Standards Board (IASB) recently proposed amendments to the IFRS for SMEs Accounting Standard, aiming to assist small- and medium-sized entities (SMEs) in addressing international tax reform. This marks the first instance where the IASB has suggested urgent amendments to the Standard outside of its regular review process.
A recent article on CPA Practice Advisor highlights how the digital transformation can play an important role in easing pressure on accounting firms struggling with a talent shortage.
Following last month’s announcement that the US Financial Accounting Foundation (FAF) will upgrade existing free access to the online version of its standards, FAF has now implemented the change.
On Monday, our CEO John Turner gave a talk at the World Congress of Accountants in Mumbai as part of the “Technology and the Future” session. The session concentrated on new skills and capabilities that members of the accounting and audit profession, working both in industry and in practice, will need going forward.
Special Purpose Acquisition Companies, or SPACs, are generating a surge of restatements correcting past financial reports, following last month’s accounting clarification from the US Securities and Exchange Commission (SEC).
The US Securities and Exchange Commission (SEC) has recently focused its attention on Special Purpose Acquisition Companies, or SPACs. SPACs are cash-only investment vehicles that are formed and listed with a view to taking private companies public.
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