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July 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.
Contents
July 2011
News from Member Bodies, Affiliates, and Regional Accountancy Organizations
1. IBR/IRE Introduces New Anti-Money Laundering Tools
2. ICPAK to Host First Africa Congress of Accountants
3. ACCA Launches On-Demand Exams Program
4. KICPA President: Corporate Accounting Transparency Necessary for Ethical Management
5. ZICA Adopts New Three-Tiered Financial Reporting Framework to Assist SMEs
6. AICPA Survey Shows Top Concerns for US Accounting Firms
7. CPA Australia to Fund Business Reporting Research Project
8. FEE Holds Audit Policy Conference
9. New Advanced Diploma Program in Islamic Finance Offered by CIMA
10. Joint Ventures Launched Among Professional Accountancy Organizations
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News from Government, Regulatory, and Other Organizations
1. IASB and FASB to Re-Expose Proposed Revenue Recognition Standard
2. PCAOB Concept Paper Outlines Possible Changes to Auditor's Report
3. Materials from Corporate Governance Conference Now Available
4. Kenya Releases Citizen's Budget
5. Deloitte and GRI Undertake New XBRL Taxonomy Project
6. New CSR Materials for SMEs in Hong Kong Available from CSR Asia
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Recent Developments Related to the Financial Crisis and Economic Recovery
1. Singapore-Incorporated Companies To Meet Capital Requirements Earlier Than Scheduled
2. OECD Report: Global Shocks Likely to Increase in Frequency and Impact
3. Opinion: Legacies from Financial Crisis Remain; Policy Changes Can Lead to Solid Foundation
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