The Latest Global Knowledge, Resources and News from the Gateway (23 July 2014)

The Latest Global Knowledge, Resources and News from the Gateway (23 July 2014)

Business Reporting

1. Resources | View All
Accounting Fraud: Got ’em, Gotham
Article | The Economist
Keys to the Kingdom: Attack & Penetration Testing
Video | Institute of Internal Auditors
IFRS Foundation Publishes ‘IFRS as Global Standards: A Pocket Guide’
Guidance | IFRS Foundation
Improving Quality and Consistency in Corporate Reporting
Article | ACCA Insights
IFRS for SMEs
Video | Association of Chartered Certified Accountants

2. News | View All
Implementing the New European Accounting Directive: Making the Right Choices
July 17, 2014 | Association of Chartered Certified Accountants

Ethics

1. Discussion | Developing the SMP Committee Response: The Code of Ethics and Non-Assurance Services for Audit Clients
The IESBA has proposed changes to certain provisions of the Code of Ethics for Professional Accountants addressing non-assurance services for audit clients.

2. Resources | View All
Implementing the New European Accounting Directive
Article | CPA Trendlines
Ethical Issues in Professional Relationships
Website/Resource Center | Association of Chartered Certified Accountants
Guidebook to the European Audit Reform
Guidance | Mazars Group
SME Ethical Dilemma
Guidance | AAT Ethics

3. News | View All
IESBA July 2014 Meeting Highlights
July 15, 2014 | International Ethics Standards Board for Accountants
Global Regulator Reviews Corporate Penalties, Seeks More Uniformity
July 15, 2014 | Reuters
Ethics: What Goes Around Comes Around?
July 10, 2014 | In the Black
Making the Hard Decisions
July 10, 2014 | Business Times

Finance Leadership & Development

1. Discussion | How Women Leaders Create the Future
Throughout the accounting profession and beyond, women leaders play an important role in creating the future. The Global Women Leadership Foundation says women's skills begin with their formative experiences.

2. Discussion | How Women Leaders Create the Future
Throughout the accounting profession and beyond, women leaders play an important role in creating the future. The Global Women Leadership Foundation says women's skills begin with their formative experiences.

3. News | View All
Profession Struggling to Recruit
July 11, 2014 | Economia

Governance

1. Discussion | The Rise and Fall of the Aerarium: Lessons in Public Finance from the Roman Empire
Reflections on the the long-term failure of public finance in ancient Rome and the lessons we can learn from the Roman treasury system. 

Performance & Financial Management

1. Discussion | Who Stands to Profit the Most from the World Cup?
Much has been and will be written about the economics of the World Cup; see who readers voted as the financial winner in our poll results

2. Resources | View All
Uncovering Cash and Insights from Working Capital
Article | McKinsey & Company
How Will the Cloud Influence the Future of Finance?
Article | Accounting Web
Changing Finance Organisations
Article | ACCA Insights

3. News | View All
Real Madrid 'Most Valuable Sports Team', Says Forbes
July 16, 2014 | BBC News

Risk Management & Internal Control

1. Resources | View All
Prevention Is Better Than Cure
Article | The Economist

Sustainability

1. Discussion | Lasting Legacy or Long-Term Liability? Is It Only a Numbers Game When Hosting Major International Tournaments?
Assessing the economic impact of hosting a major international tournament involves a wide range of factors.

2. Resources | View All
Natural Capital and Business Models
Article | ACCA Insights

3. News | View All
GRI Appoints Michael Meehan as New Cheif Executive
July 22, 2014 | Global Reporting Initiative
EU Auditors Urge Better Spending on Green Energy
July 10, 2014 | Public Finance International
Blueprints for Taming the Climate Crisis
July 8, 2014 | The New York Times

Audit & Assurance

1. Discussion | Implementing the International Standard on Quality Control 1 (ISQC 1): Challenges, Solutions, and Benefits
Key points from 2013 interviews of sole practitioners by the Institute of Singapore Chartered Accountants on their experiences implementing Singapore Standard on Quality Control 1, which is based on ISQC 1

2. Resources | View All
Implementing the New European Accounting Directive
Article | CPA Trendlines
Auditing Special Purpose Frameworks: Analytical Procedures
Article | Accounting Web
Guidebook to the European Audit Reform
Guidance | Mazars Group
Auditing Special Purpose Frameworks: Modifying Audit Programs
Article | Accounting Web

3. News | View All
Audit Threshold Changes to Hit Profits
July 14, 2014 | Economia

Practice Management

1. Discussion | Monitoring and Benchmarking Key Performance Indicators: Part One
Part One of this two-part series looks at selecting KPIs, while Part Two will look at benchmarking and using the data; Which KPIs does your practice use as benchmarks?

2. Discussion | Supporting the Implementation of International Standards—What’s Next?
IFAC's SMP Committee has developed a suite of comprehensive guides and supplementary resources to help SMPs implement international standards; Take the poll to help the committee guage demand and interest to decide what to develop next.

3. Resources | View All
7 Keys to a Successful Blog
Article | AICPA Insights
Five Farm Strategies to Grow Your Firm
Article | American Institute of CPAs
Secrets to Becoming a Virtual FD Revealed
Article | Accounting Web
Freeing Up Time to Build a Start-Up Practice
Article | Accounting Web
The One Marketing Tactic That Can Improve Your Cash Flow
Article | American Express
To Set Prices, Find Out What Value Means to Clients
Article | Public Accountant
The First Law of Marketing: The Value of Value
Video | Voice America
Managing and Developing Your Accountancy Practice
Article | Chartered Accountants Ireland

Prepared by IFAC's Communications Department. Contact communications@ifac.org for further information. 

Copyright © 2014 by the International Federation of Accountants (IFAC). All rights reserved. Written permission from IFAC is required to reproduce, store or transmit, or to make other similar uses of, this document, except as permitted by law. Contact permissions@ifac.org
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Business Reporting

1. Resources | View All
Accounting Fraud: Got ’em, Gotham
Article | The Economist
Keys to the Kingdom: Attack & Penetration Testing
Video | Institute of Internal Auditors
IFRS Foundation Publishes ‘IFRS as Global Standards: A Pocket Guide’
Guidance | IFRS Foundation
Improving Quality and Consistency in Corporate Reporting
Article | ACCA Insights
IFRS for SMEs
Video | Association of Chartered Certified Accountants

2. News | View All
Implementing the New European Accounting Directive: Making the Right Choices
July 17, 2014 | Association of Chartered Certified Accountants

Ethics

1. Discussion | Developing the SMP Committee Response: The Code of Ethics and Non-Assurance Services for Audit Clients
The IESBA has proposed changes to certain provisions of the Code of Ethics for Professional Accountants addressing non-assurance services for audit clients.

2. Resources | View All
Implementing the New European Accounting Directive
Article | CPA Trendlines
Ethical Issues in Professional Relationships
Website/Resource Center | Association of Chartered Certified Accountants
Guidebook to the European Audit Reform
Guidance | Mazars Group
SME Ethical Dilemma
Guidance | AAT Ethics

3. News | View All
IESBA July 2014 Meeting Highlights
July 15, 2014 | International Ethics Standards Board for Accountants
Global Regulator Reviews Corporate Penalties, Seeks More Uniformity
July 15, 2014 | Reuters
Ethics: What Goes Around Comes Around?
July 10, 2014 | In the Black
Making the Hard Decisions
July 10, 2014 | Business Times

Finance Leadership & Development

1. Discussion | How Women Leaders Create the Future
Throughout the accounting profession and beyond, women leaders play an important role in creating the future. The Global Women Leadership Foundation says women's skills begin with their formative experiences. 

2. Resources | View All
CEOs-in-Waiting: The CFO’s Expanding Role
Article | The Accountant

3. News | View All
Profession Struggling to Recruit
July 11, 2014 | Economia

Governance

1. Discussion | The Rise and Fall of the Aerarium: Lessons in Public Finance from the Roman Empire
Reflections on the the long-term failure of public finance in ancient Rome and the lessons we can learn from the Roman treasury system. 

Performance & Financial Management

1. Discussion | Who Stands to Profit the Most from the World Cup?
Much has been and will be written about the economics of the World Cup; see who readers voted as the financial winner in our poll results

2. Resources | View All
Uncovering Cash and Insights from Working Capital
Article | McKinsey & Company
How Will the Cloud Influence the Future of Finance?
Article | Accounting Web
Changing Finance Organisations
Article | ACCA Insights

3. News | View All
Real Madrid 'Most Valuable Sports Team', Says Forbes
July 16, 2014 | BBC News

Risk Management & Internal Control

1. Resources | View All
Prevention Is Better Than Cure
Article | The Economist

Sustainability

1. Discussion | Lasting Legacy or Long-Term Liability? Is It Only a Numbers Game When Hosting Major International Tournaments?
Assessing the economic impact of hosting a major international tournament involves a wide range of factors.

2. Resources | View All
Natural Capital and Business Models
Article | ACCA Insights

3. News | View All
GRI Appoints Michael Meehan as New Cheif Executive
July 22, 2014 | Global Reporting Initiative
EU Auditors Urge Better Spending on Green Energy
July 10, 2014 | Public Finance International
Blueprints for Taming the Climate Crisis
July 8, 2014 | The New York Times

Audit & Assurance

1. Discussion | Implementing the International Standard on Quality Control 1 (ISQC 1): Challenges, Solutions, and Benefits
Key points from 2013 interviews of sole practitioners by the Institute of Singapore Chartered Accountants on their experiences implementing Singapore Standard on Quality Control 1, which is based on ISQC 1

2. Resources | View All
Implementing the New European Accounting Directive
Article | CPA Trendlines
Auditing Special Purpose Frameworks: Analytical Procedures
Article | Accounting Web
Guidebook to the European Audit Reform
Guidance | Mazars Group
Auditing Special Purpose Frameworks: Modifying Audit Programs
Article | Accounting Web

3. News | View All
Audit Threshold Changes to Hit Profits
July 14, 2014 | Economia

Practice Management

1. Discussion | Monitoring and Benchmarking Key Performance Indicators: Part One
Part One of this two-part series looks at selecting KPIs, while Part Two will look at benchmarking and using the data; Which KPIs does your practice use as benchmarks?

2. Discussion | Supporting the Implementation of International Standards—What’s Next?
IFAC's SMP Committee has developed a suite of comprehensive guides and supplementary resources to help SMPs implement international standards; Take the poll to help the committee guage demand and interest to decide what to develop next.

3. Resources | View All
7 Keys to a Successful Blog
Article | AICPA Insights
Five Farm Strategies to Grow Your Firm
Article | American Institute of CPAs
Secrets to Becoming a Virtual FD Revealed
Article | Accounting Web
Freeing Up Time to Build a Start-Up Practice
Article | Accounting Web
The One Marketing Tactic That Can Improve Your Cash Flow
Article | American Express
To Set Prices, Find Out What Value Means to Clients
Article | Public Accountant
The First Law of Marketing: The Value of Value
Video | Voice America
Managing and Developing Your Accountancy Practice
Article | Chartered Accountants Ireland
Prepared by IFAC's Communications Department. Contact communications@ifac.org for further information. 

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