One of the modern trends that determine the development of business and society over the next decades is the introduction of digital technologies: artificial intelligence, educational IT systems, blockchain, drone, 3D printing, industrial and office robotics
On September 12, 2017, the Chartered Institute of Management Accountants (CIMA) presented the first edition of the Global Management Accounting Principles in Ukrainian language during a press briefing held at the National Information Agency “Ukrinform”
Detection of fraudulent transactions carried out inside the organization is a key task of the internal audit departments. However, it is difficult to detect signs of fraudulent transactions. It’s even harder to prevent them.
The UK Chartered Institute of Internal Auditors issued an updated version of the Guidance on Effective Internal Audit in Financial Services to be used by banks and other UK financial institutions.
IFRS Foundation signed a memorandum of understanding with the Basel Committee on Banking Supervision
IFRS 15 “Revenue from contracts with customers” was adopted in May 2014 and was originally intended to be applied for the first annual IFRS financial statements for periods beginning January 1, 2017 or later
The governments of the United Kingdom and the United States agreed to exchange tax information to be carried out by the multinational corporations of these countries. The exchange method is standard - American and British companies provide each other with special reports - country by country reports (CBCR)
The International Auditing and Assurance Standards Board, the International Ethics Standards Board for Accountants, and the International Accounting Education Standards Board jointly investigated the importance of professional scepticism in the work of auditors and prepared a report on the need for its deepening and improvement
The Global Forum on Transparency and Exchange of Information for Tax Purposes published the results of expert research organized by it on compliance with international standards for exchange of tax information between controlling authorities from different countries
The Customs Reference Document (CRD), which defines and regulates trade rules between the countries of the European Union and Canada, has recently entered into force. The main CRD innovations relate to the section on preferential agreements within the framework of the Comprehensive Economic and Trade Agreement (CETA)
The Consultative Committee of Accountancy Bodies, headquartered in the UK, together with other professional organizations, prepared a draft document outlining the methodology for combating money laundering
IFRIC 23 “Uncertainty over Income Tax Treatments” (IFRIC 23) becomes effective from January 1, 2019. However, it can be applied even earlier. What should be known?
The Association of Chartered Certified Accountants (ACCA) conducted a study among young people aged 14 to 21 about the factors that they believe contribute to career
In order the clients perceive conclusions and results of the work of auditors as reliable and accurate, first of all the audit firm must ensure the consistently high quality of its services. This is said in a survey among the heads of large companies conducted by one of the leading professional publication in the USA
