The Accountancy Profession: Fighting Fraud and Corruption
by Olivia Kirtley, President, IFAC

Following the World Congress of Accountants 2014, His Holiness Pope Francis addressed the accountancy profession on being a positive force in the fight against fraud and corruption. Noting that difficult economic times increase the risk of moral hazard, he said: There is a stronger temptation to defend one’s interest without concern for the common good, without paying much heed to justice and legality. For this reason everyone, especially those who practice a profession which deals with the proper functioning of a country’s economic life, is asked to play a positive, constructive role in performing their daily work. As my IFAC presidency came to a close, I wrote to His Holiness to inform him of our vigorous efforts to address a global problem that requires great collaboration.

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Discussion | The Accounting Profession & Support for Academic Research
The entire accountancy profession, including auditors, benefit from academic research on a day-to-day basis.

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Resources | View All
Improving Audit Quality Using Root Cause Analysis
Guidance | Institute of Chartered Accountants in England and Wales

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News | View All
Deloitte Scoops BP and Centrica Audits
November 22, 2016 | Accountancy Age
Australian Government Pushes for Bitcoin Accounting Standards
November 22, 2016 | CoinDesk
FASB Seeks Uniformity in Reporting on Restricted Cash
November 18, 2016 | Journal of Accountancy
European Union: Country-by-Country Reporting Data—Accounting or Tax Information?
November 17, 2016 | Bloomberg BNA
Companies Shedding More Light on Audit Committee Practices
November 16, 2016 | Accounting Web
FASB Coping with Board Turnover
November 15, 2016 | Accounting Today

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Resources | View All
Introducing Integrated Reporting
Video | IIRC
Small Steps for IFRS, Giant Leaps for Capital Markets: Episode 2
Video | Chartered Accountants Australia and New Zealand
The Seven Guiding Principles of Integrated Reporting
Guidance | AccountingCPD.net

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News | View All
Financial Management Progress ‘Frustrated by Multiple Systems and Lack of Capacity’
November 28, 2016 | Public Finance International
IRS Seeks Information on Bitcoin Users from Coinbase
November 22, 2016 | Accounting Today
The Clock Is Ticking on IFRS Changes
November 21, 2016 | In the Black
An Update on the EPSAS Project
November 16, 2016 | Public Finance International
White to Leave SEC Chair Post in January
November 15, 2016 | Journal of Accountancy

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Resources | View All
Are Corporations Paying Their Fair Share of Tax?
Guidance | AAT

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News | View All
Tax Fraud Blotter: The Computer Did It
November 28, 2016 | Accounting Today

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Discussion | Where Are We Heading? CPA.com Reflects on the Eve of Digital CPA 2016
CPAcom has played a formative role in the technological revolution for the accountancy profession. 

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Resources | View All
Management Is All in the Timing
Article | Strategy + Business

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News | View All
Dream Adjusters: Why Company Leaders Also Have to Be Chief Calibration Officers
November 28, 2016 | Terry St. Marie: More Human Leadership
New ACCA Survey Finds Young Professionals Seek Rapid Career Change, Promotion
November 28, 2016 | Accounting Today
IFAC Names Rachel Grimes as President
November 23, 2016 | Accounting Today
Four Strategies to Recruit and Retain Young Professionals Worldwide
November 21, 2016 | CGMA Magazine
Can Global Capitalism Be Saved?
November 16, 2016 | Economia

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Discussion | Understanding the Accountant’s Role in Corporate Governance
In recent years, accountants have become more critical to corporate governance processes.

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Resources | View All
King IV Report on Corporate Governance for South Africa 2016
Report | IoDSA, King Committee

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News | View All
Corruption Culture and Corporate Misconduct
November 29, 2016 | Harvard Law School Forum on Corporate Governance and Financial Regulation

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