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  • GASB issues proposal to enhance concepts for Notes Financial Statements
    • Julio 23, 2021

    July 20, 2021 Published: GASB The Governmental Accounting Standards Board (GASB) today issued a proposed Concepts Statement to guide the Board when establishing note disclosure requirements for state and local governments. The document is part of the GASB’s response to the results of its research reexamining existing note disclosure requirements. The proposed concepts primarily are

  • Diverse boards lead to better corporate culture and performance
    • Julio 22, 2021

    July 20, 2021 Published: FRC ·         building and maintaining diversity requires proactive planning, concrete actions and consistent prioritisation ·         diversity is a long-term, multi-stranded journey where progress in one area is not a guarantee of progress in another ·         there is still have a long way to go to fully access the diverse talent in

  • IFAC Releases Latest Point of View: Greater Transparency and Accountability in the Public Sector
    • Julio 21, 2021

    July 19, 2021 Published: IFAC Today, IFAC released a Point of View: Greater Transparency and Accountability in the Public Sector.  The public sector is facing a myriad of competing priorities, including an unprecedented global health crisis and climate emergency, and must make critical decisions that will affect generations to come. In this environment, helping citizens understand how public

  • Why accounting firms are facing a cloud security challenge
    • Julio 20, 2021

    July 14, 2021 Published: The Accountant Most organisations were taken by surprise when the pandemic struck back in early 2020, and those in the accounting sector were no exception. But the firms that adapted best were those that were already investing in cloud-centric transformation projects, where next-gen applications and infrastructure enabled them to become more