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Archived local and international news
1 Aug: 7 Tips for Accountants on Supporting the Globalization of Small Business
04 Aug 2013
Globalization is not a new phenomenon but what is new is both its velocity and how it affects small- and medium-sized entities (SMEs).
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Archived local and international news
31 Jul: Revised COSO Framework: Improved but Further Adjustments Warranted
31 Jul 2013
On May 14, 2013, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) issued the revised version of its Internal Control-Integrated Framework (the Framework).
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Archived local and international news
30 Jul: IFAC SMP Poll Reflects Increasing Demand for Sustainability Services
30 Jul 2013
The latest IFAC SMP Quick Poll showed that the vast majority (73%) of the nearly 4,000 small- and medium-sized accounting practices (SMPs) surveyed are either currently providing or have plans to provide sustainability services to their clients.
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Archived local and international news
25 Jul: IAASB Proposes Standards to Fundamentally Transform the Auditor's Report; Focuses on Communicative Value to Users
25 Jul 2013
The International Auditing and Assurance Standards Board (IAASB) today released proposals to enhance the future auditor’s report.
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Archived local and international news
22 Jul: IFAC, IIA Establish Cooperative Agreement
23 Jul 2013
IFAC President Warren Allen and IIA President/CEO Richard Chambers discuss the recently signed Memorandum of Understanding with Compliance Week.
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Archived local and international news
19 Jul: IAASB Reports on Findings From Post-Implementation Review of the Clarified ISAs
21 Jul 2013
The International Auditing and Assurance Standards Board (IAASB) today released its Post-Implementation Review of the Clarified ISAs.
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Archived local and international news
17 Jul: IFAC Signs Strategic Agreement with The IIA
18 Jul 2013
This collaboration further strengthens IFAC’s and The IIA’s commitment to restore confidence to the general public in business reporting and enhancing governance processes in the private and public sectors.
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Archived local and international news
10 Jul: Boosting the Quality and Efficiency of Smaller Entity Audits
11 Jul 2013
The pace of change and increased complexity in audit and financial reporting standards over the past few years has been dramatic and may weigh disproportionately on smaller accounting practices who typically audit smaller entities.
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Archived local and international news
7 Jun: IAASB Releases 2012 Annual Report—Responding to the Needs of an Interconnected World
09 Jun 2013
The International Auditing and Assurance Standards Board (IAASB) today released its 2012 Annual Report, Responding to the Needs of an Interconnected World.
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Archived local and international news
5 Jun: 2013 IFAC Small and Medium Practices Forum
06 Jun 2013
The 2013 IFAC Small and Medium Practices (SMP) Forum will be held in Kampala, Uganda on June 5 and jointly hosted with ICPAU and PAFA.