New, Revised Standards Strengthen, Modernize Approach to Quality Management The International Auditing and Assurance Standards Board (IAASB) today released its three quality management standards. The standards promote a robust, proactive, scalable and effective approach to quality...
2020-12-18 - 02:28 Read more
IFAC Membership Unlocks Accountancy’s Full Potential Professional accountants make a significant contribution to the economy at the local, national and global levels. IFAC partnered with the Centre for Economics and Business Research (Cebr), one of the world’s leading economics...
2020-11-18 - 01:48 Read more
The International Public Sector Accounting Standards Board (IPSASB) has released the final pronouncement, COVID-19: Deferral of Effective Dates, which delays the effective dates of recently published Standards and Amendments to IPSAS by one year to January 1, 2023. Responding to...
2020-11-09 - 10:27 Read more
Stakeholder comments on Exposure Draft 74 sought by March 1, 2021 The International Public Sector Accounting Standards Board (IPSASB) has today released for comment Exposure Draft (ED) 74, IPSAS 5, Borrowing Costs – Non-Authoritative Guidance. The ED proposes...
2020-10-23 - 10:27 Read more
Published by: The Monitoring Group The Monitoring Group published its final paper (the “Paper”) concerning reforms to the global standard-setting process for audit, assurance and ethics. The purpose of this Paper is to present the Monitoring Group’s recommendations to...
2020-08-12 - 01:38 Read more
Të nderuar, Në vijim të vendimit të Qeverisë së Republikës së Kosovës për marrjen e masave parandaluese kundër shpërndarjes së virusit CoViD-19 duke përfshirë ndërprerjen e procesit edukativo -arsimor në të...
2020-03-12 - 09:50 Read moreHigh-quality audits of financial statements are essential to strong organizations, financial markets and economies. While audits have historically focused on enhancing the confidence of investors and other providers of capital, other stakeholders also benefit—including directors,...
2020-03-11 - 10:00 Read more
The objective of an audit is to provide investors and other stakeholders with reasonable assurance as to whether the financial statements, taken as a whole, are prepared in accordance with the applicable financial reporting framework and are free from material misstatement. Audits help...
2020-03-11 - 09:55 Read more
High-quality audits depend on individuals, acting in the public interest, with the experience, integrity, independence, professional judgement, and skills commensurate with a high-quality audit. There is no more important factor. It is therefore vital that audits be conducted in an...
2020-03-11 - 09:52 Read more
