• Register
Return to: Home > News > Standards

Latest News - Standards

Sixty eight countries sign a multilateral convention to reduce tax avoidance by multinational enterprises

  • Author: Sarajuddin Isar
  • Published: 8 Jun 2017

Sixty eight jurisdictions have signed a multilateral convention which aims to reduce tax avoidance by multilateral enterprises.. read more

PCAOB adopts new auditing standards and releases proposal on auditing accounting estimates

  • Author: Sarajuddin Isar
  • Published: 7 Jun 2017

The Public Company Accounting Oversight Board (PCAOB) has adopted new auditing standards and has released a proposal for consultation on auditing.... read more

SASB commissions research on the economic impacts of its standards

  • Author: Rahman Aziz
  • Published: 31 May 2017

The Sustainability Accounting Standards Board (SASB) has commissioned an independent analysis to understand the potential costs and benefits of.... read more

Businesses form group to identify natural and social capital valuation techniques

  • Author: Sarajuddin Isar
  • Published: 25 May 2017

Fifteen companies, most of them members of the World Business Council for Sustainable Development (WBCSD) have formed an informal group called the.... read more

European accountancy stakeholders defend EFRAG’s role and record against EU Commission plans of “streamlining”

  • Author: IAB and TA editorial
  • Published: 24 May 2017

Accountancy stakeholders from across Europe have responded strongly against plans from the European Union (EU) Commission of “streamlining” the.... read more

SASB Foundation launches membership programme with educational purposes

  • Author: Sarajuddin Isar
  • Published: 22 May 2017

The Sustainability Accounting Standards Board (SASB) Foundation has launched the SASB Alliance, a membership programme offering education and.... read more

Brexit uncertainty leads to hiring contractors rather than permanent staff

  • Author: Stephanie Wix
  • Published: 22 May 2017

Businesses are pushed by their uncertainty over Brexit to use contractors instead of hiring permanent staff, leading to non-EU accountants being.... read more

IASB issues IFRS 17 in insurance accounting shake up

  • Author: Stephanie Wix
  • Published: 18 May 2017

The profession has welcomed IFRS 17, issued by the International Accounting Standards Board (IASB), however it warned of the complexity and cost of.... read more

Global AI adoption can help accountants beyond compliance, PwC report finds

  • Author: Stephanie Wix
  • Published: 17 May 2017

Artificial Intelligence (AI) could help accountants beyond the basic compliance work by fostering high quality advisory services, according to a.... read more

Ransomware taking data hostage has given professionals the opportunity to prove their worth as ‘trusted advisors’

  • Author: Stephanie Wix
  • Published: 17 May 2017

The recent WannaCry Ransomware cyber-attack has plagued companies in 150 countries holding data for ransom and the accountancy profession was quick.... read more

The European Commission adopts initiatives to enhance the EU single market

  • Author: Stephanie Wix
  • Published: 12 May 2017

The European Commission (EC) has adopted three initiatives aiming at making the European Union (EU) single market work better for citizens and.... read more

BEPS implementation forces countries to find new business incentives, EY report suggests

  • Author: Sarajuddin Isar
  • Published: 11 May 2017

While countries worldwide still pursue low rate strategies, the implementation of the G20/OECD Base Erosion and Profit Shifting (BEPS).... read more

News brief: PwC UK fined £5m for misconduct

  • Author: Rahman Aziz
  • Published: 11 May 2017

The UK Financial Reporting Council (FRC) has fined PwC UK and its former audit partner Stephen Harrisson, £ 5m and £150,000 respectively for.... read more

FinTech’s fast-growing influence on Financial Services raises concerns

  • Author: Stephanie Wix
  • Published: 9 May 2017

Eighty percent of financial executives believe that business is at risk with 88% being increasingly concerned that they are losing revenue to.... read more

News brief: Andersen Tax wins against India IBA over brand name

  • Author: Rahman Aziz
  • Published: 5 May 2017

The high court of judicature in Bombay, India has announced that Andersen Tax has won the rights to the iconic brand name against International.... read more

Audit committees can contribute further to audit quality, IFIAR

  • Author: Sarajuddin Isar
  • Published: 4 May 2017

Audit committees around the globe should focus on more and better communication as well as defining better criteria that determine their.... read more

FRC publishes framework to improve quality for future digital reporting

  • Author: Rahman Aziz
  • Published: 3 May 2017

The Financial Reporting Council (FRC) Lab has published a framework for future digital reporting, to improve quality and for views to be shared by.... read more

Canada Securities Administrators launch consultation on oversight requirements for foreign audit firms

  • Author: Stephanie Wix
  • Published: 3 May 2017

The Canadian Securities Administrators (CSA) has launched a consultation paper entitled Auditor Oversight Issues in Foreign Jurisdictions on 25.... read more

Analysis: New chair appointed at House of Cards EGIAN

  • Author: Vincent Huck
  • Published: 24 Apr 2017

It has taken nearly two years and numerous intrigues for the European Group of International Accounting Networks and Associations (EGIAN) to find a.... read more

Data analytics in internal audit report helps auditors assess benefits

  • Author: Stephanie Wix
  • Published: 24 Apr 2017

The Chartered Institute of Internal Auditors (CIIA) has published a report on the use of data analytics in internal audit, aiming to help.... read more


Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.