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Global Digest February 2012

News from Member Bodies 1. IEC-IAB and IRE Issue Call for Transparency in Belgian Public Sector 2. New Audit Registration Requirements for Sweden 3. FACPCE Releases Guide for Auditors 4. FSR Issues Checklist as Reminder for SMEs 5. HKICPA Launches New Resource Center for SMPs, SMEs 6. Joint Initiatives Among Professional Accountancy Organizations News from Government, Regulatory Bodies, and Other International Organizations 1. Canadian Commission Releases Report to Reduce Regulations, Encourage Business Growth 2. Revised Proposals for UK Financial Reporting Released 3. New Organization Launched to Assist Governments in Green Growth 4. New Zealand FMA Releases Proposed Guidance for Effective Prospectuses 5. UK Audit Commission Releases Report to Improve Clarity of Local Authority Accounts Recent Developments Related to the Financial Crisi and Economic Recovery 1. World Bank Releases Economic Prospects Report

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