May 2011 IFAC Global Digest
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This monthly digest highlights the latest news and initiatives impacting the global accountancy profession from IFAC's 164 members and associates, government and regulatory bodies, and international organizations. IFAC receives its news from internal research, media reports, and submissions from our stakeholders. To subscribe to our other electronic publications, or to view and edit your subscription settings, please visit web.ifac.org/news/subscribe. IFAC member bodies are encouraged to send news items for consideration in upcoming issues to communications@ifac.org.
Please click here for the online version.
Contents
May 2011
News from Member Bodies, Affiliates, and Regional Accountancy Organizations
1. Pan-African Federation of Accountants Formed; First President Elected
2. ICAEW Issues Guidance on Assurance Reporting
3. ICAC's Practice Monitoring Programme Continues to Grow in Region
4. Combined Financial Statement Discussion Paper Released by FEE
5. ICAI Submits Draft Framework for Accounting, Auditing for Political Parties to Election Commission
6. New Trend for Korean Companies: CSR Reports
7. SAIPA Looks to Grow Profile of Professional Accountants with SMEs
8. Top IT Business Concerns for Members Uncovered by ISACA Survey
9. NRF Encourages Use of Other Services and Engagements to Maintain Trust, Confidence
10. Joint Ventures Launched Among Professional Accountancy Organizations
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News from Government, Regulatory, and Other Organizations
1. New XBRL Manual Released by IFRS Foundation
2. GRI Launches New "Report or Explain" Campaign
3. ASB Issues Draft Report on Clutter in Annual Reports
4. Chinese President Calls for Reforms of International Financial Systems
5. PCAOB Member Calls for Further Engagement by CFOs
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Recent Developments Related to the Financial Crisis and Economic Recovery
1. EC Publishes Consultation Paper on Corporate Governance
2. Next Generation Balance Sheet Stress Test Working Paper Released by IMF
3. Economic Activity for EU10 Returns to Pre-Crisis Levels
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