The biggest challenges facing small- and medium-sized accounting practices (SMPs) worldwide are complying with regulations and standards and attracting new clients, according to the 2014 IFAC® Global SMP Survey.

 

The International Auditing and Assurance Standards Board® (IAASB®) today released proposals to enhance auditor reporting on special purpose financial statements.

 

 

Greece is back as a focal point of the world financial crisis. While coming elections are spooking the markets, the supposed cause of the crisis has not changed. Greece has a declared debt of 319 billion euros, or about $369 billion, 175 ...

 

 

Accountants have been identified as key personnel in the enforcement of good corporate governance.The Public Accountants and Auditors Board (PAAB) says the profession can help Zimbabwe’s economy perform better through fighting corruption.

 

 

The European Financial Reporting Advisory Group (EFRAG) has praised the role of the Accounting Standards Advisory Forum (ASAF), one of the advisory bodies of the International Accounting Standards Board (IASB), but noted that the IASB’s ...