(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Business Management, Financial Reporting

The next chapter for integrated reporting

The International Integrated Reporting Council on why integrated reporting is a highly effective tool for both big and small businesses. In the past, financial balance sheets and profit statements represented over 80 percent of the value of a business. Unsurprisingly, all the attention was on financial capital; where it came from, what happened to that… Read More The next chapter for integrated reporting

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Financial Reporting

The future

Since launching in 1999, over 20,000 graduates have completed the Institute’s renowned Qualification Programme. Four young and bright top students tell Jeremy Chan what surprised them about the experience and how it was unlike any course they had ever done. “I remember going to the first few workshops and feeling quite lost by the end,”… Read More The future

(c) South Africa Institute of Chartered Accountants. Contact SAICA for permission to reproduce this article., Financial Reporting

Transparency reporting: a health check

Current levels of fraud and corruption in South Africa have resulted in calls for greater transparency and accountability by businesses. Transparency reporting is an opportunity for audit firms to demonstrate their commitment to audit quality Transparency reports issued by audit firms to assist stakeholders in understanding how the systems of the firm are functioning can… Read More Transparency reporting: a health check

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Financial Reporting

Insurance accounting redefined

IFRS 17 is recognized as one of the most significant changes to insurance accounting in decades. With less than three years before the new standard comes into effect, Nicky Burridge looks at the requirements of it and how implementation can help Hong Kong ensure its place as a leading financial hub. Imagine a global insurer… Read More Insurance accounting redefined

(c) South Africa Institute of Chartered Accountants. Contact SAICA for permission to reproduce this article., Financial Reporting

Turning a blind eye to NOCLAR is no longer an option

By Adiebah Moruck It has now been almost a year since the new standard Responding to Non-Compliance with Laws and Regulations, released by the International Ethics Standards Board for Accountants (IESBA), has become effective. Although relatively new, the standard is already increasing awareness amongst professional accountants in business, as well as in practice, to consider their… Read More Turning a blind eye to NOCLAR is no longer an option

(c) South Africa Institute of Chartered Accountants. Contact SAICA for permission to reproduce this article., Audit and Assurance, Financial Reporting

Reporting assurance

By Hayley Barker Hoogwerf With the view that the reporting of historical financial information alone does not provide investors, shareholders and other stakeholders with a broad picture or holistic information about the reporting entity that these users may be looking for, EER continues to evolve. Along with the increased demand for more holistic reporting came the… Read More Reporting assurance