Accounting Standards

ACCA Global

ACCA awarded ISO 22301

04/02/2015(0)
The international standard for Business Continuity – ISO 22301 – has been awarded to ACCA (the Association of Chartered Certified Accountants). ACCA was recently audited by the British Standards ... Read More
iaasb

IAASB Issues Final Standards to Improve Auditor’s Report

19/01/2015(0)
New and Revised Standards Establish ‘Step Change’ in Auditor Reporting The International Auditing and Assurance Standards Board® (IAASB®) today released its new and revised Auditor Reporting standards, designed to ... Read More
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AICPA provides feedback on tax reform proposals

13/01/2015(0)
“The AICPA supports comprehensive tax reform.” These were the words of Troy Lewis, chair of the AICPA’s Tax Executive Committee, in a letter sent to Rep. Paul Ryan, R-Wis., ... Read More
accounting-news

Accountants Confidence Index — January 2015

07/01/2015(0)
After rising in November, the short-term and mid-term ACI readings both continued their upward trend in December, with the short-term and the long-term readings both both comfortably in positive ... Read More
tax post

Top 10 Reasons to Abolish the Corporate Income Tax

30/12/2014(0)
America’s corporate income tax rate, at 35%, is the highest in the world. A rising chorus would like to bring it more in line with foreign rates, which average ... Read More
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Accounting fraud

17/12/2014(0)
Global Economic Crime Survey 2014 Financial statements are a fundamental barometer of a business — and a traditional starting point for analyses relating to credit decisions, contract awards, and ... Read More
iasb

Leading investment firms join a new IASB feedback programme

03/12/2014(0)
The International Accounting Standards Board (IASB) today announced the launch of its Investors in Financial Reporting programme. Created with the support of some of the world’s leading asset managers ... Read More
iasb

IASB publishes consultation on controlled pricing and accounting for investments

02/12/2014(0)
The International Accounting Standards Board (IASB) has published consultation papers on rate regulation and accounting for investments, and updated standards on consolidated financial statements. Rate regulation The IASB discussion ... Read More
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Tax Policy Makers need to understand what they’re trying to achieve, says ACCA report

01/12/2014(0)
The threat of retrospective legislation is “most potentially devastating form of tax uncertainty” Policymakers should clearly communicate the aim of each tax measure to enable taxpayers to understand what ... Read More
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How a $5,000 IRA Can Grow to $196 Million in Six Years: GAO

21/11/2014(0)
Individual retirement accounts were created to help ordinary Americans build a nest egg for later life. But the IRA has also enabled some affluent investors to accumulate multimillion-dollar tax-sheltered ... Read More
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