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January 26, 2016 |
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The Power of One by Anton Colella, Chief Executive, Institute of Chartered Accountants of Scotland
 Since the global financial crisis, the public’s trust in business institutions has been severely eroded, and it shows little sign of coming back in a hurry. I don’t believe most people going into business do so with the idea of acting unethically, but there is a great deal of public skepticism to overcome. It is important that we look for ways to restore that trust, and that it is seen to be justified. In recent years, the response to corporate or institutional failure has often been to call for, and indeed introduce, more regulation. Clearly, there’s a place for good, effective regulation, but on its own that is not enough. Ultimately, every corporate failure has its roots in a personal failure, on the part of one or more individuals, to take the right course |
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Resources | View All Clarified Auditing Standards: Audits of Financial Statements Prepared in Accordance with Special-Purpose Frameworks–Part 2 Article | Accounting Web 10 Minutes on Transforming the Audit Experience Report | PwC Audit Quality Indicators: The Journey and the Path Ahead Report | Center for Audit Quality |
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News | View All Auditors Warn of Big Changes to Retail January 20, 2016 | Economia The Impact of the Audit Reform on Audit Committees in Europe January 19, 2016 | Fédération des Experts-comptables Européens – Federation of European Accountants Pattern of Poor Performance at Some Auditors January 17, 2016 | Independent.ie Audit Merry-Go-Round Increases Competition but Limits Choice January 17, 2016 | Financial Times New Financial Statement Service a Gift to CPAs and Clients January 13, 2016 | Accounting Web Audit and Assurance Faculty Google Hangouts January 13, 2016 | Institute of Chartered Accountants in England and Wales How Accounting Firms Can Benefit from Adding Audit Services January 12, 2016 | CPA Practice Advisor Audit Committees Prefer Customized, Tailored Audit Quality Indicators January 12, 2016 | Journal of Accountancy New Report Highlights Efforts on Audit Quality Indicators and Explores the Path Ahead January 12, 2016 | Center for Audit Quality Three Reasons to Learn More about Audit Analytics January 12, 2016 | AICPA Insights Then and Now: How Tech Is Shaping the Audit January 12, 2016 | Corporate Compliance Insights Going Concern Opinions Trending Down, for a Reason January 11, 2016 | Accounting Today |
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Discussion | Our Integrated Reporting Collection—Wisdom and Ideas from Gateway Contributors A quick compendium of Discussions published on the Gateway about integrated reporting—who’s doing it, what to consider, and how it applies throughout the profession. |
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Resources | View All Task Force on Climate-Related Financial Disclosures Website/Resource Center | Task Force on Climate-Related Financial Disclosures Case Study: Unlocking Value of the SASB Standards Case Study | Sustainability Accounting Standards Board From Share Value to Shared Value: Exploring the Role of Accountants in Developing Integrated Reporting in Practice Report | Association of Chartered Certified Accountants, Institute of Management Accountants Watch the Web Presentation on New Leases Standard, IFRS 16 Video | IFRS Foundation Creating Value: Integrated Reporting and Investor Benefits Report | IIRC What Will Shape the Future of Sustainability? Video | Environmental Leader How to Minimize Financial Statement Risk Article | CGMA Magazine |
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News | View All Roadmap for Convergence of Indian Accounting Standards with IFRS January 25, 2016 | Association of International Accountants Making the Case for Integrated Reporting January 25, 2016 | Association of Chartered Certified Accountants New Accounting Treatment to Impact Small Business January 21, 2016 | Public Accountant IFRS Industry Insights: Telecommunications Sector—Implications of the New Leasing Standard January 21, 2016 | IAS Plus FEE Comments on IASB's Exposure Draft "Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts" January 21, 2016 | Fédération des Experts-comptables Européens – Federation of European Accountants ACCA and IMA See Role for Accountants in Integrated Reporting January 20, 2016 | Accounting Today IFRS 16 Leases: Risk Replaced by Control Model January 20, 2016 | Accountancy Live IASB Issues Narrow-Scope Amendments to IAS 12 Income Taxes January 19, 2016 | IFRS Foundation What Will the New Lease Standard Mean for Your Balance Sheet? January 18, 2016 | Weaver Industry Reaction to the Release of IFRS 16 January 15, 2016 | The Accountant IASB Changes Rule on Accounting for Leases January 14, 2016 | Wall Street Journal Consultative Advisory Group Will Improve IPSASB Governance January 14, 2016 | IMF Public Financial Management Blog IPSASB Publishes Exposure Draft 59, Amendments to IPSAS 25, Employee Benefits January 14, 2016 | International Public Sector Accounting Standards Board IASB Chairman Hans Hoogervorst Introduces the New Leases Standard January 13, 2016 | IFRS Foundation IASB Shines Light on Leases by Bringing Them onto the Balance Sheet January 13, 2016 | IFRS Foundation The Bruce Column—Bringing Clarity to Leases: The New Standard January 13, 2016 | IAS Plus SOCPA: Main Objective Is to Apply IFRS by the End of 2016 in Saudi Arabia January 13, 2016 | Marcopolis IASB Changes to Technical Leadership January 12, 2016 | IAS Plus Transforming Finance: Part 2 January 12, 2016 | Accounting for Sustainability Towards Better Business Reporting January 12, 2016 | KPMG |
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News | View All Auditing Corporate Culture January 21, 2016 | Ethical Boardroom Why Leading by Example Isn't Always Enough January 20, 2016 | Fast Company New UK Whistleblower Rules Rein in Banks January 15, 2016 | New York Law Journal An Analysis of Firms' Self-Reported Anticorruption Efforts January 13, 2016 | Social Science Research Network IESBA eNews: January 2016 January 12, 2016 | International Ethics Standards Board for Accountants Ethical Behavior for Management Accountants January 2, 2016 | Strategic Finance |
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Finance Leadership & Development |
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| 1. |
Discussion | How the Accountancy Profession Delivers Public Value Helen Brand, Chief Executive of the ACCA, discusses acting in the public interest, facilitating sustainable economic development, and supporting ethical business practices. |
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Discussion | Spotlight on Professional Accountants in Business: Nigeria in Focus Rotimi Omotoso, CEO of the Institute of Chartered Accountants of Nigeria, discusses the accounting profession and opportunities for accountants in Nigeria. |
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Resources | View All New Manager Transitions Guidance | AICPA | CIMA Competency and Learning The Future of the Professions Book | Oxford University Press The Future of FinTech: A Paradigm Shift in Small Business Finance Report | World Economic Forum The State of HR Technology Today Article | Society for Human Resource Management The Right Way to Hold People Accountable Article | Harvard Business Review A Better Fit for Franchises Case Study | CGMA Magazine Four Fundamentals of Workplace Automation Article | McKinsey & Company 18 Highly Successful CFOs Share their Best Piece of Financial Advice Article | Business Insider Valuing Your Talent Report | Chartered Institute of Management Accountants, Chartered Institute of Personnel and Development, UK Commission for Employment and Skills, Investors in People, Chartered Management Institute, Royal Society for the Encouragement of Arts, Manufactures, and Commerce |
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News | View All Trends That Will Shape the CPA Profession in 2016 January 25, 2016 | Journal of Accountancy Digital Disruption–What Does It Mean for Us? January 22, 2016 | Chartered Accountants Australia and New Zealand Introspection Leads Longtime Big Four Partner to CFO Role January 21, 2016 | CFO.com How Should CFOs Engage with Big Data and Analytics? January 20, 2016 | Institute of Chartered Accountants in England and Wales AICPA's 2016-2017 'Legacy Scholars Program' Open for Enrollment January 20, 2016 | Accounting Today New Report Reveals Recognition More Important Than Pay January 19, 2016 | 7 Days The Game-Changers January 19, 2016 | Association of Chartered Certified Accountants The Greatest Piece of Advice Alex Ever Received January 19, 2016 | The Naked CEO Tackling the Toll of Repetitive Tasks January 18, 2016 | ICAS Capacity Building: Richard Moore’s Volunteering Story January 18, 2016 | The Accountant Finding the Extrovert Within January 18, 2016 | CGMA Magazine CFOs-in-Waiting: What Got You Here Won't Get You There January 15, 2016 | Forbes Five Ways Technology Is Transforming Finance January 15, 2016 | World Economic Forum Why CFOs Need to Be Chief Future Officers January 14, 2016 | Forbes Why Diversity and Inclusion Will Be a Top Priority for 2016 January 13, 2016 | Forbes Majority of Accountants Plan to Move Jobs This Year January 13, 2016 | Economia Insight Trumps Instinct Says IPA Boss Andrew Conway January 13, 2016 | Mahlab Media Deloitte Releases Fifth Annual 'Millennial Survey' January 13, 2016 | Accounting Today On Finance Talent, Valeant Board Enjoys an Embarrassment of Riches January 12, 2016 | Wall Street Journal CFO Journal The CFO Is Dying. Long Live the COO. January 12, 2016 | Venture Beat What's Keeping CFOs Awake at Night in 2016? January 2, 2016 | Strategic Finance |
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Resources | View All Escaping Short-Termism Video | Chartered Institute of Management Accountants |
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News | View All Auditing Corporate Culture January 21, 2016 | Ethical Boardroom How Audit Committees Can Help Deter Fraud January 20, 2016 | CGMA Magazine Boards Get More Independent, but Ties Endure January 19, 2016 | Wall Street Journal The Impact of the Audit Reform on Audit Committees in Europe January 19, 2016 | Fédération des Experts-comptables Européens – Federation of European Accountants CAQ Comment Letter: ICGN Global Stewardship Code January 15, 2016 | Center for Audit Quality FRC: Quality of Corporate Governance in the UK Remains High January 14, 2016 | Financial Director Five Questions, New Challenges January 13, 2016 | Institute of Chartered Accountants in England and Wales |
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Resources | View All Islamic Finance: The Future of Banking? Article | African Law and Business Four Things You Need to Know about Islamic Finance Video | International Monetary Fund Introduction to Islamic Finance: Concepts and Structures Video | London School of Economics and Political Science |
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News | View All Islamic Banking Becoming Attractive to ‘Muslim and Non-Muslim Alike’ January 25, 2016 | Times Live Into a New Era January 24, 2016 | Zawya Bridging the Skills Gap in Islamic finance January 23, 2016 | Gulf News Nigeria to Issue Maiden Islamic Financial Bond, ‘Sukuk’ January 21, 2016 | Premium Times Islamic Finance Set Sights on Standard for Gold-Based Products January 20, 2016 | CNBC Africa: UNEP and Islamic Development Bank Sign Agreement on Environmental Conservation January 20, 2016 | All Africa IFIF 2016 to Address Regulatory Challenges to Accelerate Development of Islamic Finance in Africa January 19, 2016 | Business Ghana Risk Managment, Compliance in Islamic Finance in Focus January 17, 2016 | Trade Arabia Islamic Finance: Development in Non-Traditional Markets January 17, 2016 | IslamicFinance.com |
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Performance & Financial Management |
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Resources | View All The Best Apps to Run a Startup from Your Phone Article | Wall Street Journal Good Practice Checklist for Small Business Guidance | CPA Australia The Costs of Capital Article | Musings on Markets Analytics Trends 2016: The Next Evolution Report | Deloitte The Future of FinTech: A Paradigm Shift in Small Business Finance Report | World Economic Forum A Better Fit for Franchises Case Study | CGMA Magazine |
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News | View All Crowdfunding: IOSCO Report Highlights Global Rules on Alternative Finance January 21, 2016 | CFA Institute How Should CFOs Engage with Big Data and Analytics? January 20, 2016 | Institute of Chartered Accountants in England and Wales Globalization for the Little Guy January 20, 2016 | McKinsey & Company Peer-to-Peer Lending: A Risky Investment? January 18, 2016 | Times of Malta Poor Planning Could Cost SMEs £25 Billion January 18, 2016 | Economia Accountancy Giant KPMG Links Up with Online Lending Exchange Aimed at Small Firms January 16, 2016 | This Is Money Five Ways Technology Is Transforming Finance January 15, 2016 | World Economic Forum Americans’ Financial Outlook Holds Steady Despite Indicators of Concern January 14, 2016 | Journal of Accountancy Cost the Biggest Barrier to Innovation: MYOB January 14, 2016 | Public Accountant The Top Five Accounting Mistakes by Small Business Owners January 12, 2016 | CPA Practice Advisor |
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Discussion | Transformational Leadership for Accountants Jennifer Wilson, Co-founder & Partner of ConvergenceCoaching, on transformational leadership and common obstacles and fallacies regarding the promotion of new leaders in firms. |
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Discussion | Are We Communicating Our Real Value? Accountants must develop stronger communications skills and explore new means to build their clientele, says Tom Hood, Executive Director and CEO of the Maryland Association of CPAs. |
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Resources | View All The Best Apps to Run a Startup from Your Phone Article | Wall Street Journal Check-Up or Check-In Article | Association of Chartered Certified Accountants Can Software Generated Reports Really Help Accountants Build a Business Advisory Service? Article | Public Accountant How to Find an Accountant for Your Startup Article | Virgin Start Up Understanding the Need for Clarity in Business Valuation Article | Accounting Web Millennials Can Play a Role in Move to Value Pricing Article | Journal of Accountancy The Future of the Professions Book | Oxford University Press Five Tips for Flextime in CPA Firms Article | CPA Practice Advisor The Strategic Value of Succession Planning Article | Accounting Web The State of HR Technology Today Article | Society for Human Resource Management Art of Accounting: Annual Staff Evaluations Article | Accounting Today The Right Way to Hold People Accountable Article | Harvard Business Review How Can the Most Neglected Area of Your Website Help You Win New Clients? Article | Sift Practice Web The Digital Finance Imperative: Measure and Manage What Matters Next Report | Chartered Global Management Accountant Valuing Your Talent Report | Chartered Institute of Management Accountants, Chartered Institute of Personnel and Development, UK Commission for Employment and Skills, Investors in People, Chartered Management Institute, Royal Society for the Encouragement of Arts, Manufactures, and Commerce |
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News | View All Trends That Will Shape the CPA Profession in 2016 January 25, 2016 | Journal of Accountancy Digital Disruption–What Does It Mean for Us? January 22, 2016 | Chartered Accountants Australia and New Zealand CPA Firm Heads Looking for the Right M&A Candidates January 22, 2016 | Accounting Today Frustrated by Growth? Yeah, Me Too! January 21, 2016 | Accounting Today Accountants to Investigate Financial and Cyber Crimes January 20, 2016 | Economia Technology for Accountants: A Competitive Advantage January 19, 2016 | Public Accountant Tackling the Toll of Repetitive Tasks January 18, 2016 | ICAS Poor Planning Could Cost SMEs £25 Billion January 18, 2016 | Economia Accountancy Giant KPMG Links Up with Online Lending Exchange Aimed at Small Firms January 16, 2016 | This Is Money How Does Client Poaching Work? January 14, 2016 | Accounting Web Are Accountants Disrupting the Legal Services Market? January 14, 2016 | Economia Social Media Is Still New for Many Advisors: Practical Perspectives January 13, 2016 | Think Advisor How to Evolve Your Accounting Firm in 2016 January 13, 2016 | CPA Practice Advisor Majority of Accountants Plan to Move Jobs This Year January 13, 2016 | Economia The 2016 Race for Accounting Talent January 13, 2016 | Accounting Today How Accounting Firms Can Benefit from Adding Audit Services January 12, 2016 | CPA Practice Advisor The Top Five Accounting Mistakes by Small Business Owners January 12, 2016 | CPA Practice Advisor Beyond the Big Four: 12 Sustainability Consultancies to Watch in 2016 January 8, 2016 | Triple Pundit |
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Risk Management & Internal Control |
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| 1. |
Resources | View All Cleaning Up the Mess Under the Bed: Why Intercompany Accounting Is Increasing Corporate Risk Report | Deloitte ISO 31000: Risk Management–A Practical Guide for SMEs Guidance | ISO |
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News | View All Ten Ways to Protect Your Business Data January 21, 2016 | ICAS How Audit Committees Can Help Deter Fraud January 20, 2016 | CGMA Magazine IRS Debuts Taxpayer Identity Theft Video Series January 13, 2016 | Accounting Today |
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| 1. |
Discussion | Integrated Reporting: Will It Make a Difference? How can integrated reporting avoid the pitfalls of previous methods to improve or expand corporate reporting, or just become an added burden, to make a real difference in decision making and corporate behavior? |
| 2. |
Resources | View All Task Force on Climate-Related Financial Disclosures Website/Resource Center | Task Force on Climate-Related Financial Disclosures Case Study: Unlocking Value of the SASB Standards Case Study | Sustainability Accounting Standards Board What Will Shape the Future of Sustainability? Video | Environmental Leader |
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News | View All The Hottest Year on Record Signals that Global Warming Is Alive and Well January 20, 2016 | The Conversation Air Pollution: A Dark Cloud of Filth Poisons the World’s Cities January 16, 2016 | The Guardian Environmental and Societal Risks Overtake Economic Concerns in WEF Latest Survey January 14, 2016 | International Accounting Bulletin What's the Right Price for Carbon? January 14, 2016 | World Economic Forum Hong Kong Proposes New Measures to Tackle Climate Change and Spur Energy Efficiency January 14, 2016 | The Climate Group IMF: Carbon Pricing Central to Climate Change Challenge January 14, 2016 | Public Finance International Accounting for Sustainability Will Be Critical for Our Future January 13, 2016 | Chartered Accountants Australia and New Zealand ‘Sustainable Investing’ Goes Mainstream January 13, 2016 | Wall Street Journal Transforming Finance: Part 2 January 12, 2016 | Accounting for Sustainability Beyond the Big Four: 12 Sustainability Consultancies to Watch in 2016 January 8, 2016 | Triple Pundit |
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Prepared by IFAC's Communications Department. |
