• The 2020s: A decade of change

    March 30, 2020 Published: Journal of Accountancy The next decade is expected to bring huge technological advancements and important demographic changes to the CPA profession as well as the business world. As they look forward to the next 10 years, firm leaders predict that to be successful, CPAs will need to: – Be willing to

  • March 2020 IASB podcast available now

    March 24, 2020 Published: IFRS In this episode of our monthly IASB podcast, International Accounting Standards Board Vice-Chair Sue Lloyd talks through the projects discussed during the March 2020 Board meeting. Due to the coronavirus pandemic, this month’s meeting was held virtually and the agenda was reduced to three main topics: – IFRS 17 and the

  • Debrief: Discussion Paper: Business Combinations—Disclosures, Goodwill and Impairment

    March 19, 2020 Published: IFRS In this video, Chair of the International Accounting Standards Board Hans Hoogervorst gives a short summary of the consultation document published by the IASB on 19 March 2020. The document sets out possible improvements to the information companies report about acquisitions of businesses to help investors assess how successful those

  • How technology will change staffing needs

    March 2, 2020 Published: Journal of Accountancy With the growth in emerging technologies, CPA firms will start hiring business analysts and data scientists, explains Donny Shimamoto, CPA/CITP, CGMA, founder and managing director of Intraprise TechKnowlogies LLC. https://www.journalofaccountancy.com/videos/technology-will-change-cpa-staffing-needs.html

  • Webcast: Introducing the Request for Information: Comprehensive Review of the IFRS for SMEs Standard

    February 2020 Published: IFRS In this webcast, IASB Technical Staff members Yousouf Hansye and Nkumbulo Mabaso provide an overview of the IFRS for SMEs Standard and introduce the Request for Information published in January 2020. The Request for Information seeks views on whether and how to align the IFRS for SMEs Standard with full IFRS Standards. This webcast is

  • CDSB’s red lines and tracked changes to the EU Non- Financial Reporting Directive

    February 2020 Published: Climate Disclosure Standards Board (CDSB)

  • IFRS 17 Insurance Contracts

    January 2020 Published: IFRS Darrel Scott, member of the International Accounting Standards Board, and Roberta Ravelli, member of the technical staff, report on the discussion at the January 2020 meeting of the Board about Amendments IFRS 17. For more information on the Amendments to IFRS 17 project, go to www.ifrs.org. https://www.youtube.com/watch?v=Kc0OvbvJn3E  

  • General Presentation and Disclosures

    February 10, 2020 Published: IFRS This is a recording of the live webinar introducing the Exposure Draft General Presentation and Disclosures, a consultation document of the Primary Financial Statements Project. For more information on the project, please go to www.ifrs.org.

  • Featured Video: Standards that work and high-quality implementation go hand-in-hand

    Published: FASB Russ Golden, Sue Cosper, and Shayne Kuhaneck look at how the FASB supports stakeholders applying new guidance.

  • VIDEO – PCAOB stakeholder Liaison Discusses Commenting on the Board´s Quality Control Concept Release

    January 27, 2020 Published: PCAOB Today, the PCAOB released a video discussing how to comment on its concept release on a potential approach to revising quality control standards. Please take a few minutes to watch this short video of Erin Dwyer, the PCAOB’s Deputy Director of External Affairs and the Stakeholder Liaison, describing why our stakeholders might consider commenting

  • Featured Video: Improving Revenue and Expense Information

    January 2020 Published: GASB The GASB’s Paulina Haro talks about the Revenue and Expense Recognition Project: what it’s all about, what’s happening, and what’s ahead. Ir a ver el video https://www.gasb.org/home

  • A New Focus: Corporate Culture: How to Assess Culture and Why

    December 3, 2019 Published: The CAQ Leaders take seriously setting the right tone at the top of their organizations. Stakeholders who have a role in the financial reporting ecosystem may be focused on compliance violations or internal audit findings and may not be focused on what the results tell them about the organization’s culture of

  • International Code of Ethics for Professional Accountants

    Published: IESBA IESBA Chairman Dr. Stavros Thomadakis explains the practical significance of the revised and restructured Code, an enhanced platform for developing relevant ethics and independence standards that are globally operable in a world of changing technologies, business methods and public expectations. https://www.ethicsboard.org/international-code-ethics-professional-accountants

  • Interpretation Committee Podcast Q4 2019

    December 20, 2019 Published: IFRS Vice-Chair of the Board and Chair of the Interpretations Committee Sue Lloyd joins Technical Staff member Patrina Buchanan to discuss relevant activities and developments between October and December 2019. They summarise one final agenda decision to do with lease term and useful life of leasehold improvements, and two tentative agenda

  • How small firms should approach new technologies

    December 10, 2019 Published: Journal of Accountancy Small firms wishing to adopt new technologies should examine available services to determine which ones are the best fit for current systems, advises Daniel Moore, CPA. https://www.journalofaccountancy.com/videos/new-technologies-for-small-cpa-firms.html

  • Accountancy Europe Digital Day 2019

    November 27, 2019 Published: Accountancy Europe Matthew Griffin, Founder and CEO at 311 Institute, answered to the following questions at our Digital Day 2019: How can sustainability be combined with digitalisation? What role do you see for accountants in making technological advances more green?

  • OnRisk 2020: A Guide to Understanding, Aligning and Optimizing Risk

    Change the Way You View and Understand Risk December 3, 2019 Published: The Institute of Internal Auditors OnRisk 2020: A Guide to Understanding, Aligning, and Optimizing Risk offers a clear-eyed, holistic view of risk like no other. This new IIA report is the first to bring together perspectives from the boardroom, C-suite, and internal audit. Ver

  • How to build support for digital transformation

    November 25, 2019 Published: Journal of Accountancy CPAs are uniquely positioned in their organizations to lead, encourage, and catalyze digital transformation, says Dan Griffiths, CPA, CGMA, a partner with Tanner LLC in Salt Lake City. Ver video aquí https://www.journalofaccountancy.com/videos/build-support-for-digital-transformation.html

  • Tackling tax avoidance and evasion

    June 6, 2019 Published: OECD The fight against tax evasion and avoidance has been a major success story of the OECD and G20, leading to the implementation of global tax transparency standards and the Base Erosion and Profit Shifting package.

  • Preparing for the future: The Brave New World of Artificial Intelligence

    Published: OECD We need to anticipate the radical changes induced by globalisation, digitalisation and demographic shifts. For example, how can we build the skills of tomorrow’s workforce? How can we support risk-taking and entrepreneurship while safeguarding job quality, collective bargaining and social protection? How do we integrate the growing number of migrants to enhance solidarity,

  • Social media clip: Developments in Audit

    November 6, 2019 Pubished: FRC Following the publication of the Developments in Audit report, a social media clip has been produced to give the key highlights of the report. https://www.frc.org.uk/news/november-2019/social-media-clip-developments-in-audit-(1)

  • Variable Interest Entities and Private Companies

    October 2019 Published: FASB This brief case study video examines a key issue for the private company community: the new path for private companies with variable interest entities. FEATURED VIDEO aquí https://www.fasb.org/home

  • New technologies, ethics and accountability

    October 21, 2019 Published: ICAEW By: Kirstin Gillon, Technical Manager Tech Faculty This thought leadership report delves into the ethics of new technology. The seismic developments currently taking place in AI and algorithms are both exciting and morally concerning. What happens when machines do our thinking and decision-making for us? Where does the buck stop

  • SEC Educational Videos Aim to Help Investors Spot and Avoid Fraud

    October 11, 2019 Published: The SEC The SEC’s Office of Investor Education and Advocacy and Retail Strategy Task Force this week released new videos and Investor Alerts to help show investors what fraud looks like. Fraudsters will use every gimmick they can think of to get their hands on investors’ hard-earned money. These videos, along with our

  • What RPA is and how it works

    October 1, 2019 Published: Journal of Accountancy Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA, director of entrepreneurial advisory services at PKF Texas. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores. https://www.journalofaccountancy.com/videos/what-is-robotic-process-automation.html

  • Profession in Focus: Communicating the Commitment to Audit Quality

    October 1, 2019 Published: The Caq This edition of Profession in Focus features Christopher Tower, National Assurance Managing Partner for Audit Quality and Professional Practice at BDO USA LLP. Tower provides an overview of the many ways that BDO communicates the firm’s strong commitment to audit quality, both externally and internally. He also provides insights

  • Profession in Focus: The Strong State of Investor Confidence in 2019

    September 18, 2019 Published: The Caq On this edition of Profession in Focus, get insights from CAQ Executive Director Julie Bell Lindsay on the state of US investor confidence. Lindsay provides context on the importance of strong investor confidence for the capital markets, gives an overview of the CAQ’s annual Main Street Investor Survey, and

  • New video: the Joint Forum on Actuarial Regulation (JFAR)

    August 22, 2019 Published: Financial Reporting Council (FRC) What is the JFAR?Find out about what the Joint Forum on Actuarial Regulation (JFAR) do and more about its Risk Perspective updates through this short video. https://www.frc.org.uk/news/new-august-2019/new-video-the-joint-forum-on-actuarial-regulation

  • Exposure Draft 69, Public Sector Financial Instruments, Amendments to IPSAS 41, Financial Instruments

    August 27, 2019 Published: IFAC Exposure Draft 69, Public Sector Financial Instruments, Amendments to IPSAS 41, Financial Instruments provides guidance on how to account for a number of important categories of financial instruments that are unique to the public sector. The proposed new Standard will augment existing guidance in IPSAS 41, Financial Instruments, and improves that Standard’s requirements by

  • Webcast on Critical Audit Matters

    April 1, 2019 Published: The Caq Auditors conducting audits in accordance with PCAOB auditing standards will soon be required to communicate critical audit matters in their auditor’s reports. The requirement will be applied first to audits of large accelerated filers with periods ending on or after June 30, 2019. In this CAQ webcast—recorded in April

  • Featured Video: FASB Distinguishing Liabilities from Equity

    August 2019 Published: FASB FASB Member Gary Buesser and Project Manager Aarika Friend look at the FASB’s proposal to improve guidance for certain financial instruments with characteristics of liabilities and equity, including convertible instruments. https://www.fasb.org/home

  • Profession in Focus: Accelerated Filers, ICFR Audits, and Investor Protection

    August 1, 2019 Published: The Caq On this edition of Profession in Focus, get insights on regulatory developments and investor protection from Catherine Ide, CPA, Senior Managing Director of Professional Practice and Member Services at the CAQ. Ide explains the significance of companies’ filing statuses, particularly regarding requirements related to audits of internal control over

  • Global Accountancy Education: Preparing Future-Ready Accountants

    July 2, 2019 Published: IFAC To assist Professional Accountancy Organizations (PAOs) and other key stakeholders to prepare future-ready professional accountants, IFAC is establishing a comprehensive, integrated approach to respond to accountancy education challenges and opportunities posed by a rapidly changing environment. Accountancy education is a strategic priority for IFAC. Consequently, it is important that the

  • Profession in Focus: Critical Audit Matters, Investors and Investor Relations

    July 15, 2019 Published: The CAQ On this edition of Profession in Focus, get insights on critical audit matters (CAMs), from Dennis McGowan, CPA, Technical Director of Professional Practice at the CAQ. McGowan provides an overview of the CAMs requirement, when it becomes effective, why investor relations professionals should anticipate CAMs questions, and what kinds

  • Overview of Exposure Draft Amendments to IFRS 17

    July 4, 2019 Published: IFRS A recorded webinar is available providing an overview of the Exposure Draft Amendments to IFRS 17, published by the International Accounting Standards Board on 26 June 2019. The presenters are Laura Kennedy and Roberta Ravelli, Technical Staff at the IFRS Foundation. This recording took place to provide national standard-setters with an overview of

  • Borrowing costs and revenue recognition

    June 24, 2019 Published: IFRS The IFRS Interpretations Committee (Committee) recently published an agenda decision on ‘over time transfer of a constructed good’. The agenda decision responds to a question received about the application of IAS 23 Borrowing Costs to the construction of a multi-unit housing development. The agenda decision explains why the Committee concluded that, in the specific

  • The PCAOB´s Chief Auditor Megan Zietsman Talks abaut CAM Resources

    June 28, 2019 Published: PCAOB Auditors will soon be required to communicate critical audit matters (CAMs) in the auditor’s report. The Board is committed to supporting effective implementation of CAMs through providing proactive, timely, and useful information to auditors and other interested parties.

  • CPAs discuss hot topics in financial planning, tax, and technology

    June 24, 2019 Published: Journal of Accountancy Featuring Mike Landsberg, CPA/PFS; Sarah Lane, CPA/PFS; David Oransky, CPA/PFS; Brooke Salvini, CPA/PFS; and David Stolz, CPA/PFS The three estate planning documents everyone should have. https://www.journalofaccountancy.com/videos/pfp-tax-practice-management-2018-engage.html

  • I am the Future of Work

    June 2019 Published: OECD The OECD is launching the I am the Future of Work campaign. From students to CEOs, everyone is shaping the future of work and their voices should be at the heart of the debate. The campaign highlights what the future of work means for people and the urgency to build a future that

  • Why should I care about accountants?

    May 2, 2019 Published: Accountancy Europe See what accountants do and how they can contribute to solving some of our major social and environmental challenges.

  • Cyber Security and the Accounting Profession

    Published: AICPA Sue Coffey, CPA, CGMA, Executive Vice President – Public Practice, AICPA  Amy Pawlicki, Directtor – Business Reporting, Assurance & Advisory Services – AICPA  Ir al video: https://www.aicpa.org/press.html

  • Future Trends of Digital Transformation

    May 22-23, 2019 Published: OECD Government leaders and ministers are now meeting at the 2019 Ministerial Council Meeting, chaired by the Slovak Republic, to discuss policy challenges, how to harness the full potential of digitalisation and address its disruptive effects for the benefit of our economies, societies, the environment, and people’s lives. https://www.oecd.org/mcm/

  • For some risks, ROI doesn’t measure up

    Published: Journal of Accountancy Investing in certain emerging technologies may never provide a quantified return on investment, but they are risks you can’t afford not to take, according to Ed Kless, senior director of partner development and strategy at Sage Accountant Solutions. https://www.journalofaccountancy.com/videos/roi-emerging-technologies.html

  • Insights for Audit Committees: Implementation of Critical Audit Matters

    May 8, 2019 Published: The Caq In this May 2019 episode of “Inside America’s Boardrooms,” get insights on critical audit matters (CAMs) from Catherine Ide, CAQ Managing Director of Professional Practice and Member Services. Ide outlines questions that audit committees should ask regarding the identification and communication of CAMs in the auditor’s report. https://www.thecaq.org/insights-for-audit-committees-implementation-of-critical-audit-matters/

  • Better word choice may help accountants ask deeper questions

    May 6, 2019 Published: Journal of Accountancy Accountants who hone the skill of careful questioning will better serve their clients’ needs, according to Ed Kless, senior director of partner development and strategy, Sage Accountant Solutions. https://www.journalofaccountancy.com/videos/word-choice-for-accountants.html

  • Signs of a bad workplace culture

    April 29, 2019 Published: Journal of Accountancy Wesley Middleton, CPA, managing partner (Houston) for Baker Tilly, explains how bad culture leads to employee turnover and dissatisfaction. Eventually profitability suffers, too.  Ver Video Aquí https://www.journalofaccountancy.com/videos/signs-of-bad-workplace-culture.html

  • Evolution in Auditing

    April 9, 2019 Published: The Caq How will public company auditing evolve over the next five years? What will be the impact of artificial intelligence and other technology developments? In this April 2019 video from the CAQ, audit committee chairs at leading companies share their perspective.   Evolution in Auditing

  • Evaluating the External Auditor

    April 10, 2019 Published: The Caq In this April 2019 episode of “Inside America’s Boardrooms,” the CAQ’s Erin Dwyer provides an overview of the updated External Auditor Assessment Tool: A Reference for US Audit Committees. https://www.thecaq.org/evaluating-the-external-auditor/

  • How success relies on workplace culture

    April 8, 2019 Published: Journal of Accountancy In a profession with high turnover, a positive workplace culture can lead to good employee retention and ultimately a great client experience, says Wesley Middleton, CPA, managing partner (Houston) for Baker Tilly.  Ver video   https://www.journalofaccountancy.com/videos/success-relies-on-workplace-culture.html

  • How Digital Technology Is Transforming Cost Management

    March 29, 2019 Published: Wharton University of Pennsylvania  Wharton’s Christopher Ittner discusses how companies can leverage digital technologies for cost management in a proactive way.   http://knowledge.wharton.upenn.edu/article/cost-management-in-the-digital-age/?utm_source=kw_newsletter&utm_medium=email&utm_campaign=2019-04-02