A checklist has revealed three key priorities for accountancy profession success in 2017. The ACCA (the Association of Certified Chartered Accountants) has published a checklist to tackle the fresh political uncertainties of 2017 including Brexit negotiations in the spring. The checklist for policy-makers, business leaders and professional accountants includes securing the skills of accountants; promoting transferable…
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Bloomberg BNA has highlighted an issue of enormous public significance, even if it might seem to be deeply technical and inconsequential to most people. The matter in question is whether country-by-country reporting (“CbCR”) data is accounting or tax information. The European Commission and the European Union (“EU”) Parliament both think it accounting data. They want,…
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Accountants who want to grow revenue by adding new services should look to the Oreo cookie for a few lessons, according to Katie Tolin, a member of the Association for Accounting Marketing’s Hall of Fame and founder of CPA Growth Guides. Tolin, who recently led a webinar for accountants on launching new services, noted that…
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Paul Druckman is stepping down after five years as CEO of the International Integrated Reporting Council (IIRC). But before he goes, he couldn’t resist issuing a challenge to UK practitioners. For the past five years the former ICAEW president has been moving among the profession’s global elite, for whom integrated reporting is fast becoming a…
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The International Accounting Education Standards Board™ (IAESB™) today released new materials in support of its recently revised International Education Standard™ (IES™) 1, Entry Requirements to Professional Accounting Education Programs (2014). In addition to an overview document, the following support materials are now available:
No hay ningún régimen contable para el sector privado, distinto al dispuesto para cada uno de los Grupos 1, 2 y 3, establecidos en el Decreto 2420 de 2015. Las entidades deben ubicarse en cualquiera de los tres Grupos ya mencionados, dado que no se ha definido ningún régimen especial para ninguna entidad del sector…
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Cuando se hace una revisión del Catálogo Único de información financiera con fines de supervisión del sector solidario, se pueden identificar algunos elementos que en ciertos casos pueden llegar a ser confusos o contradictorios. Uno de estos casos es no poder ver la diferencia entre los costos de producción y los gastos de venta (en…
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A decision to supplement your accounting firm with non-certified accountants typically results from the combined effects of a small labor pool and increasing opportunities for growing your business. While adding non-CPAs keeps payroll expenses low and allows you to service more clients, its downside is increasing ethical challenges. Knowledge and training State licensing requirements underscore…
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What does it take to grow a business? An honest business requires a sound business model, hard-working employees, long hours, and a «can-do» attitude, right? Of course, there are companies that take a different route and uses incentives to bribe those in power, hoping it will fast track their success and provide new growth that…
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They’re everywhere, and they can help—but it’s not automatic. Here’s how to ensure your mission and values statements make a real impact. These days, corporate values statements are all over the place. Most large companies now post them online—and everywhere else from wall signage to wallet cards. Many include them as components of corporate training,…
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