News

The Belt and Road Initiative (BRI): Reshaping the Global Value Chain

The Belt and Road Initiative (BRI), is China’s grand scheme to link Asia and Europe together via new massive infrastructure projects in Central Asia, the Middle East, Africa and the Balkans Announced by Chinese President Xi Jinping in 2013, the BRI is seeking to rebuild China’s ancient silk routes for the 21st century, looking to build new connections across three continents The project is very ambitious, but it is still in its infancy …

Young finance talent ‘most satisfied’ in large accountancy firms, but intend to move on when the time’s right

Young finance professionals see the experience gained in the largest accountancy firms as invaluable to securing long-term future career success, finds a new report Generation Next: managing talent in large accountancy firms from ACCA (the Association of Chartered Certified Accountants)…

Stakeholders find value in Enhanced Auditors’ Report

Two thirds of surveyed respondents acknowledged the improvements that the new standards bring and that it is a key tool in navigating complex financial reports…

Profession should play greater role in attracting diverse talent, finds ACCA Ireland

The accountancy profession should identify more pro-active approaches to continue to improve social mobility, according to a new report from ACCA (the Association of Chartered Certified Accountants)…

Sime Darby Berhad Retains Crown for Best Overall Sustainability Reporting Practices

Other victors for the ACCA MaSRA 2017 are Malayan Banking Berhad (Maybank), Axiata Group Berhad, CIMB Group Holdings Berhad and Sunway Construction Group…

Profession should play greater role in attracting diverse talent, finds ACCA

The accountancy profession should identify more pro-active approaches to continue to improve social mobility, according to a new report from ACCA (the Association of Chartered Certified Accountants)…

Galvanising improved corporate reporting and investor engagement through user-focused Enhanced Auditors’ Reports

The Enhanced Auditors’ Report (EAR) has spurred constructive behavioural changes within the financial reporting ecosystem and better engagement between companies and investors in Malaysia A key change introduced through EAR is the disclosure of Key Audit Matters (KAMs), resulting in a more transparent and informative auditors’ report In the longer term, the EAR should drive the flow of useful and relevant information to the capital market, reduce speculation about companies’ performance and promote better understanding of financial statements …

More insightful auditor’s reports leading to greater corporate disclosures

Study on implementation of enhanced auditor’s report also reveals greater investor confidence on financial reporting…

We need flexibility around VAT rate setting, to take into account lower revenues in periods of recession, and to benefit small businesses, says ACCA

The global accountancy body commends the European Commission’s work on VAT rates, acknowledging the sensitivity of the issue ACCA (The Association of Chartered Certified Accountants) acknowledges the publication of the Directive amending Directive 2006/112/EC as regards rates of value added tax, and commends the work of the European Commission in this difficult and complex area …

ACCA approved to authorise and regulate probate activities

ACCA (the Association of Chartered Certified Accountants) has been approved to authorise individuals and firms to carry out probate work ACCA was one of the first professional accountancy bodies to be designated an approved regulator for probate activities in 2009, and has since successfully applied to the Legal Services Board to authorise practitioners to undertake probate work across England and Wales …