Month: April 2019

EU Parliament & UK CMA Recommend Audit Market Reform

The European Parliament, in its TAX3 report, and the UK’s Competition and Markets Authority (“CMA”), in a report concerning issues related to competition in the UK audit industry, have both recommended measures be introduced to ensure greater separation between audit and consultancy operations of the “big four” firms. In its report, the UK’s CMA recommended …

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IESBA proposes revisions to Part 4B of Code to align with terms and concepts used in ISAE 3000

The International Ethics Standards Board for Accountants (IESBA) has released for public comment Exposure Draft, proposed revisions to Part 4B of the Code to reflect terms and concepts used in ISAE 3000 (Revised).  Click here to read more. Posted by SAIBA and IAFEI on 26 Apr 2019 Global Accountancy Knowledge, Resources and News About the author SAIBA …

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Int’l accounting rules compulsory after 2025: draft

HÀ NỘI – The adoption of International Financial Reporting Standards (IFRS) will be compulsory for State-owned enterprises (SOEs), listed companies and large-scale unlisted public companies after 2025, according to a draft project the Ministry of Finance recently made public for comments.  Click here to read more. Posted by SAIBA and IAFEI on 19 Apr 2019 Global Accountancy Knowledge, Resources …

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Impacts of the adoption of the IFRS 16 standard at YIT and change in reporting practices

Release date – 18042019 Impacts of the adoption of the IFRS 16 standard at YIT and change in reporting practice. YIT will change its reporting practices from 2019. This release describes the impacts of the adoption of the IFRS 16 ‘Leases’.  Click here to read more Posted by SAIBA and IAFEI on 18 Apr 2019 Global Accountancy …

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