The Latest Global Knowledge, Resources and News from the Gateway (25 June 2014)

The Latest Global Knowledge, Resources and News from the Gateway (25 June 2014)

Business Reporting

1. Discussion | Know Your Boundaries
The Climate Disclosure Standards Board’s proposals for boundary setting in reporting are of practical assistance to professional accountants as they cover boundary setting for non-financial reporting purposes generally as well as for climate change or environmental reporting purposes.

2. Resources | View All
IFRS as Global Standards: A Pocket Guide 2014—Coming Soon
Article | Association of International Accountants
A Climate Fix Would Ruin Investors
Article | Financial Times

3. News | View All
Speech by Ian Mackintosh: 'Turning Back the Clock?'
June 23, 2014 | IFRS Foundation
Entering CPA Canada’s Corporate Reporting Awards about More Than Bragging Rights
June 19, 2014 | CPA Canada
Corporate Reporting Dialogue Launched, Responding to Calls for Alignment in Corporate Reporting
June 17, 2014 | International Integrated Reporting Council
Reporting to Investors on Natural Capital Is Vital to Demonstrate Management of, and Impact on, Scarce Resources
June 11, 2014 | Association of Chartered Certified Accountants

Ethics

1. Discussion | Weaving Ethics into the Conversation: The IESBA Code and Ethical Norming
With an almost universal recognition of the connection between ethical behavior and economic growth, it is time for corporate leaders—and professional accountants—to stop lagging behind and pay attention.

2. News | View All
Zambia: Ethics Vital to Growth, Says Minister of Finance Chikwanda
June 13, 2014 | Zambia Daily Mail
US PCAOB Cracks Down on Fraud
June 12, 2014 | CFO.com
New 'Integrity Group' Formed to Help Educate and Protect NZ Business from Bribery and Corruption
June 10, 2014 | Interest.co.nz

Finance Leadership & Development

1. Resources | View All
Pepsi CEO: CFOs Need Non-Traditional Skills to Move Up
Article | The Wall Street Journal

2. News | View All
Mapping a Route for Aviation Success
June 23, 2014 | Institute of Chartered Accountants in Australia
Succession Planning Key as Firms Look to Grow
June 18, 2014 | Accountancy Age

Governance

1. Discussion | Blinded by the Short Term: How to Frustrate Sustainable Value Creation
While many are paying lip service to adopting a longer-term perspective for companies and investing, short-termism is gaining ground.

2. Discussion | Sneak Peek of the Upcoming IFAC/CIPFA Public Sector Governance Framework
To help improve public sector governance, IFAC and the Chartered Institute of Public Finance and Accountancy have been drafting an international framework for good governance in the public sector over the last three years.

3. News | View All
Good Governance Needn’t Mean Reinventing the Wheel
June 19, 2014 | In The Black

Performance & Financial Management

1. Discussion | The Societal Importance of Cost Accounting Standards Issued by the Institute of Cost Accountants of India
Cost accounting standards promote uniformity and consistency through the integration, harmonization, and standardization of the different principles and practices previously in use.

2. Resources | View All
Understanding the Audit Trail
Article | Economia

Risk Management & Internal Control

1. Discussion | Of Scenarios and Accountants: The Importance of Scenario Analysis for Organizations
Professional accountants can play a key role in risk management by engaging in scenario analysis exercises.

2. Discussion | A Ball of Confusion: What Is Your Appetite for Risk Appetite?
The problem with specialist terminology is it often confuses, rather than clarifies, risk management.

3. Resources | View All
Move Over, Strategy: Compliance Needs You
Article | Journal of Accountancy
Special Report: Risk and Recovery
Article | Institute of Chartered Accountants in England and Wales

4. News | View All
The Precautionary Principle and Managing Risk
June 20, 2014 | In the Black
Five Barriers Restricting Risk-Management Progress
June 20, 2014 | CGMA Magazine
Cybercrime Costs World Economy About $445b, Group Projects
June 11, 2014 | Boston Globe

Sustainability

1. Discussion | Know Your Boundaries
The Climate Disclosure Standards Board’s proposals for boundary setting in reporting are of practical assistance to professional accountants as they cover boundary setting for non-financial reporting purposes generally as well as for climate change or environmental reporting purposes.

2. News | View All
Reporting to Investors on Natural Capital Is Vital to Demonstrate Management of, and Impact on, Scarce Resources
June 11, 2014 | Association of Chartered Certified Accountants
Open (for) Business: How Transparency Can Equal Sustainability - and Survival
June 10, 2014 | The Guardian

Audit & Assurance

1. 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.

2. Resources | View All
A Clear Path to Smarter Audits
Article | In The Black

3. News | View All
CAQ’s Field-Testing Yields Further Recommendations to Auditor’s Reporting Model
June 23, 2014 | Journal of Accountancy
IAASB Releases 2013 Annual Report: Shaping New Solutions to Global Issues
June 13, 2014 | International Auditing and Assurance Standards Board

Practice Management

1. Resources | View All
How to Prepare a Business for Digital Disruption
Article | Institute of Chartered Accountants in Australia
What's Your Fraud IQ?
Article | Journal of Accountancy
Aspiring Leaders Must Remain Close to Clients
Article | Economia
The 3 Coolest Trends for the Mobile Workforce
Article | American Institute of CPAs
11 Easy Ways to Build Good Client Relationships
Article | AICPA Insights

Business Reporting

1. Discussion | Know Your Boundaries
The Climate Disclosure Standards Board’s proposals for boundary setting in reporting are of practical assistance to professional accountants as they cover boundary setting for non-financial reporting purposes generally as well as for climate change or environmental reporting purposes.

2. Resources | View All
IFRS as Global Standards: A Pocket Guide 2014—Coming Soon
Article | Association of International Accountants
A Climate Fix Would Ruin Investors
Article | Financial Times

3. News | View All
Speech by Ian Mackintosh: 'Turning Back the Clock?'
June 23, 2014 | IFRS Foundation
Entering CPA Canada’s Corporate Reporting Awards about More Than Bragging Rights
June 19, 2014 | CPA Canada
Corporate Reporting Dialogue Launched, Responding to Calls for Alignment in Corporate Reporting
June 17, 2014 | International Integrated Reporting Council
Reporting to Investors on Natural Capital Is Vital to Demonstrate Management of, and Impact on, Scarce Resources
June 11, 2014 | Association of Chartered Certified Accountants

Ethics

1. Discussion | Weaving Ethics into the Conversation: The IESBA Code and Ethical Norming
With an almost universal recognition of the connection between ethical behavior and economic growth, it is time for corporate leaders—and professional accountants—to stop lagging behind and pay attention.

2. News | View All
Zambia: Ethics Vital to Growth, Says Minister of Finance Chikwanda
June 13, 2014 | Zambia Daily Mail
US PCAOB Cracks Down on Fraud
June 12, 2014 | CFO.com
New 'Integrity Group' Formed to Help Educate and Protect NZ Business from Bribery and Corruption
June 10, 2014 | Interest.co.nz

Finance Leadership & Development

1. Resources | View All
Pepsi CEO: CFOs Need Non-Traditional Skills to Move Up
Article | The Wall Street Journal

2. News | View All
Mapping a Route for Aviation Success
June 23, 2014 | Institute of Chartered Accountants in Australia
Succession Planning Key as Firms Look to Grow
June 18, 2014 | Accountancy Age

Governance

1. Discussion | Blinded by the Short Term: How to Frustrate Sustainable Value Creation
While many are paying lip service to adopting a longer-term perspective for companies and investing, short-termism is gaining ground.

2. Discussion | Sneak Peek of the Upcoming IFAC/CIPFA Public Sector Governance Framework
To help improve public sector governance, IFAC and the Chartered Institute of Public Finance and Accountancy have been drafting an international framework for good governance in the public sector over the last three years.

3. News | View All
Good Governance Needn’t Mean Reinventing the Wheel
June 19, 2014 | In The Black

Performance & Financial Management

1. Discussion | The Societal Importance of Cost Accounting Standards Issued by the Institute of Cost Accountants of India
Cost accounting standards promote uniformity and consistency through the integration, harmonization, and standardization of the different principles and practices previously in use.

2. Resources | View All
Understanding the Audit Trail
Article | Economia

Risk Management & Internal Control

1. Discussion | Of Scenarios and Accountants: The Importance of Scenario Analysis for Organizations
Professional accountants can play a key role in risk management by engaging in scenario analysis exercises.

2. Discussion | A Ball of Confusion: What Is Your Appetite for Risk Appetite?
The problem with specialist terminology is it often confuses, rather than clarifies, risk management.

3. Resources | View All
Move Over, Strategy: Compliance Needs You
Article | Journal of Accountancy
Special Report: Risk and Recovery
Article | Institute of Chartered Accountants in England and Wales

4. News | View All
The Precautionary Principle and Managing Risk
June 20, 2014 | In the Black
Five Barriers Restricting Risk-Management Progress
June 20, 2014 | CGMA Magazine
Cybercrime Costs World Economy About $445b, Group Projects
June 11, 2014 | Boston Globe

Sustainability

1. Discussion | Know Your Boundaries
The Climate Disclosure Standards Board’s proposals for boundary setting in reporting are of practical assistance to professional accountants as they cover boundary setting for non-financial reporting purposes generally as well as for climate change or environmental reporting purposes.

2. News | View All
Reporting to Investors on Natural Capital Is Vital to Demonstrate Management of, and Impact on, Scarce Resources
June 11, 2014 | Association of Chartered Certified Accountants
Open (for) Business: How Transparency Can Equal Sustainability - and Survival
June 10, 2014 | The Guardian

Audit & Assurance

1. 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.

2. Resources | View All
A Clear Path to Smarter Audits
Article | In The Black

3. News | View All
CAQ’s Field-Testing Yields Further Recommendations to Auditor’s Reporting Model
June 23, 2014 | Journal of Accountancy
IAASB Releases 2013 Annual Report: Shaping New Solutions to Global Issues
June 13, 2014 | International Auditing and Assurance Standards Board

Practice Management

1. Resources | View All
How to Prepare a Business for Digital Disruption
Article | Institute of Chartered Accountants in Australia
What's Your Fraud IQ?
Article | Journal of Accountancy
Aspiring Leaders Must Remain Close to Clients
Article | Economia
The 3 Coolest Trends for the Mobile Workforce
Article | American Institute of CPAs
11 Easy Ways to Build Good Client Relationships
Article | AICPA Insights

Business Reporting

1. Discussion | Know Your Boundaries
The Climate Disclosure Standards Board’s proposals for boundary setting in reporting are of practical assistance to professional accountants as they cover boundary setting for non-financial reporting purposes generally as well as for climate change or environmental reporting purposes.

2. Resources | View All
IFRS as Global Standards: A Pocket Guide 2014—Coming Soon
Article | Association of International Accountants
A Climate Fix Would Ruin Investors
Article | Financial Times

3. News | View All
Speech by Ian Mackintosh: 'Turning Back the Clock?'
June 23, 2014 | IFRS Foundation
Entering CPA Canada’s Corporate Reporting Awards about More Than Bragging Rights
June 19, 2014 | CPA Canada
Corporate Reporting Dialogue Launched, Responding to Calls for Alignment in Corporate Reporting
June 17, 2014 | International Integrated Reporting Council
Reporting to Investors on Natural Capital Is Vital to Demonstrate Management of, and Impact on, Scarce Resources
June 11, 2014 | Association of Chartered Certified Accountants

Ethics

1. Discussion | Weaving Ethics into the Conversation: The IESBA Code and Ethical Norming
With an almost universal recognition of the connection between ethical behavior and economic growth, it is time for corporate leaders—and professional accountants—to stop lagging behind and pay attention.

2. News | View All
Zambia: Ethics Vital to Growth, Says Minister of Finance Chikwanda
June 13, 2014 | Zambia Daily Mail
US PCAOB Cracks Down on Fraud
June 12, 2014 | CFO.com
New 'Integrity Group' Formed to Help Educate and Protect NZ Business from Bribery and Corruption
June 10, 2014 | Interest.co.nz

Finance Leadership & Development

1. Resources | View All
Pepsi CEO: CFOs Need Non-Traditional Skills to Move Up
Article | The Wall Street Journal

2. News | View All
Mapping a Route for Aviation Success
June 23, 2014 | Institute of Chartered Accountants in Australia
Succession Planning Key as Firms Look to Grow
June 18, 2014 | Accountancy Age

Governance

1. Discussion | Blinded by the Short Term: How to Frustrate Sustainable Value Creation
While many are paying lip service to adopting a longer-term perspective for companies and investing, short-termism is gaining ground.

2. Discussion | Sneak Peek of the Upcoming IFAC/CIPFA Public Sector Governance Framework
To help improve public sector governance, IFAC and the Chartered Institute of Public Finance and Accountancy have been drafting an international framework for good governance in the public sector over the last three years.

3. News | View All
Good Governance Needn’t Mean Reinventing the Wheel
June 19, 2014 | In The Black

Performance & Financial Management

1. Discussion | The Societal Importance of Cost Accounting Standards Issued by the Institute of Cost Accountants of India
Cost accounting standards promote uniformity and consistency through the integration, harmonization, and standardization of the different principles and practices previously in use.

2. Resources | View All
Understanding the Audit Trail
Article | Economia

Risk Management & Internal Control

1. Discussion | Of Scenarios and Accountants: The Importance of Scenario Analysis for Organizations
Professional accountants can play a key role in risk management by engaging in scenario analysis exercises.

2. Discussion | A Ball of Confusion: What Is Your Appetite for Risk Appetite?
The problem with specialist terminology is it often confuses, rather than clarifies, risk management.

3. Resources | View All
Move Over, Strategy: Compliance Needs You
Article | Journal of Accountancy
Special Report: Risk and Recovery
Article | Institute of Chartered Accountants in England and Wales

4. News | View All
The Precautionary Principle and Managing Risk
June 20, 2014 | In the Black
Five Barriers Restricting Risk-Management Progress
June 20, 2014 | CGMA Magazine
Cybercrime Costs World Economy About $445b, Group Projects
June 11, 2014 | Boston Globe

Sustainability

1. Discussion | Know Your Boundaries
The Climate Disclosure Standards Board’s proposals for boundary setting in reporting are of practical assistance to professional accountants as they cover boundary setting for non-financial reporting purposes generally as well as for climate change or environmental reporting purposes.

2. News | View All
Reporting to Investors on Natural Capital Is Vital to Demonstrate Management of, and Impact on, Scarce Resources
June 11, 2014 | Association of Chartered Certified Accountants
Open (for) Business: How Transparency Can Equal Sustainability - and Survival
June 10, 2014 | The Guardian

Audit & Assurance

1. 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.

2. Resources | View All
A Clear Path to Smarter Audits
Article | In The Black

3. News | View All
CAQ’s Field-Testing Yields Further Recommendations to Auditor’s Reporting Model
June 23, 2014 | Journal of Accountancy
IAASB Releases 2013 Annual Report: Shaping New Solutions to Global Issues
June 13, 2014 | International Auditing and Assurance Standards Board

Practice Management

1. Resources | View All
How to Prepare a Business for Digital Disruption
Article | Institute of Chartered Accountants in Australia
What's Your Fraud IQ?
Article | Journal of Accountancy
Aspiring Leaders Must Remain Close to Clients
Article | Economia
The 3 Coolest Trends for the Mobile Workforce
Article | American Institute of CPAs
11 Easy Ways to Build Good Client Relationships
Article | AICPA Insights

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