ACCA - The global body for professional accountants

A selection of recent technical, policy and research work is shown below.



Certainty in tax

December 2014. Policymakers should clearly communicate the aim of each tax measure to enable taxpayers to understand what is expected of them and should publish clear advice along with the results of tax negotiations, says a new paper from ACCA. READ THE PRESS RELEASE

The paper examines certainty which, along with simplicity and stability, is one of the cornerstones of a good tax system: but why is it important? How can policymakers encourage certainty? Are there occasions when an uncertain outcome might be unavoidable, or even justified? READ THE REPORT

Access to finance


The state of business finance

November 2014. ACCA’s 2014 review of the state of business finance is an ambitious global investigation into the challenges faced by businesses when trying to raise finance and the ways in which finance professionals in industry, practice and financial services help them along the way.

This review is presented in three parts. 

  • Part 1: Facts and Figures, presents an analysis of two sets of quantitative data taken from the ACCA–IMA Global Economic Conditions Survey.
  • Part 2: Case Studies, brings together twelve in-depth studies of business financing seen through the eyes of ACCA members around the world.
  • Part 3: Reflections on the Evidence, summarises ACCA’s findings and issues a call to action for governments, the financial services industry and, most of all, finance professionals around the world.


Corporate governance


ACCA–KPMG study highlights the significance of OECD Principles in shaping CG requirements in 25 markets

November 2014. Adequate and effective corporate governance (CG) is critical in supporting boards and management to navigate uncertainty in the international business arena. Yet, a joint study by ACCA Singapore and KPMG in Singapore reveals a wide divergence in CG requirements across 25 markets, including Singapore, Australia, Thailand, China and Brazil. READ THE PRESS RELEASE

The report, Balancing Rules and Flexibility, calls for governments to work towards meeting global CG standards, which are based on the Organisation for Economic Co-operation and Development (OECD) principles.  READ THE REPORT




Accounting for children: implementing child rights for better business

November 2014. This is the first of three briefing papers which focus on child rights in the workplace. It shows that protecting children’s rights is good for business and that if business and finance leaders fail to take account of children’s rights, they run ethical, reputational and legal risks that will affect the bottom line.

The paper provides an overview of, and introduction to, the issue of child rights.

  • Part 1 explains children’s rights in the broader context of human rights and the many ways that children can be affected by business activities. It outlines developments such as business principles relating to children’s rights, and toolkits that businesses can use for developing policies and monitoring impacts relating to children.
  • Part 2 focuses on sectors and geographies, indicating how companies operating in certain industries and locations have a greater impact on children’s rights than others. It also considers opportunities for businesses to influence positive change and highlights some initiatives underway.

In subsequent briefing papers ACCA will explore the corporate response to supporting child rights and highlight case studies and examples. READ THE PAPER

Culture in business


How to evaluate your company culture

November 2014. Following high-profile cases of corporate misconduct in sectors and industries otherwise highly regulated, many commentators feel that poor corporate culture is the root cause of wrongdoing in organisations. Culture is now a key issue for regulators, particularly of financial services organisations. Bank supervisors around the world are now expected by the Financial Stability Board (FSB) to assess financial services companies’ risk culture. The Board’s starting point will be boards’ own assessments and it is likely that boards in other sectors, private and public, will need to make similar assessments.

A joint ACCA–ESRC report, Culture and Channelling Corporate Beaviour, shows how this assessment can be done. It assesses how companies can evaluate their culture as a first step towards changing it and thereby mitigating systemic risks. READ MORE ABOUT THIS REPORT.

Public sector reporting



September 2014. The first in-depth review is underway on whether a move by governments around the world to report their spending as a single consolidated set of figures is worth the time and effort. The work is being carried out by Durham University research teams commissioned by ACCA. READ THE PRESS RELEASE

The first of a series of reports, Whole of Government Accounts: Who is Using Them?, reviews the literature on the use of government consolidated accounts across five countries: the UK, Australia, New Zealand, Canada and Sweden. READ THE REPORT

Are you ready for IPSAS?

November 2014. In response to the increasing adoption of International Public Sector Accounting Standards (IPSAS), the new online ACCA Certificate in IPSAS has been specifically developed for public sector organisations to train their staff so they can be prepared for the introduction of IPSAS. READ MORE

The smart finance function



September 2014. Successful organisations encourage their business departments to partner with the finance team to deliver data insights for better decision support, finds a study jointly undertaken by ACCA and IMA on the progress commercial finance functions are making in business partnering. READ THE PRESS RELEASE

The report, Financial Insight: Challenges and Opportunities, suggests ways the finance function can improve current approaches to business partnering. It proposes nine pragmatic actions to improve partnering practices anchored in three core component parts: creating the mandate, fixing the information and deploying the talent. READ THE REPORT

Last updated: 11 Dec 2014