A selection of recent technical, policy and research work is shown below.
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
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.
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
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.
In subsequent briefing papers ACCA will explore the corporate response to supporting child rights and highlight case studies and examples. READ THE PAPER
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.
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
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
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
This monthly ezine reviews ACCA's work on the key policy issues of the last month.
18 Dec 2014
16 Dec 2014
15 Dec 2014
11 Dec 2014
11 Dec 2014
An introduction to ACCA’s technical policy work
This publication summarises the main areas of focus of ACCA’s technical policy work and the broad directions that we take in it.