International Federation of Accountants (IFAC) has provided the public with a regular annual report. In this document, the IFAC stressed the importance of high-quality reporting for the ability of organizations to build and maintain their value in time
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) and the World Business Council for Sustainable Development (WBCSD) presented a preliminary version of supplement to the Guidance on Enterprise Risk Management, which was last updated previous year
Marketing experts are convinced of the importance of customer feedback. They recommend to auditors not to neglect communication with current and future clients.
The Financial Reporting Council (FRC) increased the registration and annual fees for third country auditors verifying the reports of non-European companies listed in the markets regulated by the European Union.
HR managers advise to draw attention to stress interview when looking for an audit firm’s heads. First it was used as a method during the selection of executives in New York. It was believed that interview, based on a series of humiliating questions, helps to reveal the nature of any person
A recent ACCA study shows that auditors providing services to public sector enterprises are forced to work under severe pressure. It expands their area of responsibility and encourages expend some effort to improve the financial management of the public sector
Good name is the key to success for a company. Mellifluous title adds bonuses to business. Naming experts advising one of the audit firms, gave some important tips for its name.
Forbes magazine has prepared the next annual rating of the most valuable world brands. Apple has been already at the top of the rating for several years. Its present value is $ 182.8 billion.
The British software developer for Accountants FreeAgent conducted a study to find out the level of readiness of accountants to cooperate with systems of artificial intelligence. For that purpose, there were interviewed about 100 professional accountants representing various business areas
International audit firm EY conducted a study on trends of the global banking sector
International Auditing and Assurance Standards Board (IAASB) has launched public consultations on strategy of its work for the near future. In particular, they started a survey to identify possible new projects and trends that would be relevant in the period from 2020 to 2023 years
The European Council (EC) updated its rules, with the aim of streamlining EU legislation in the field of environmental reporting.
AICPA in its letter to the US Internal Revenue Service recommends to simplify the process of partnership audits and proposes the executives of such audits to aim for maximum flexibility in their work.
The EY International Audit Firm and publication “Technology review of Massachusetts Institute of Technology” at the EmTech Digital Technology Conference held in San Francisco (USA) conducted a survey of business executives to find out the current trends in the use of artificial intelligence
