It is recalled that SMEs are required to comply with IFRS for SME in the year 2012 EC accounting period. To let the transition to IFRS convenient for the Small and Medium Enterprises the financial statements that the AABE accept for the year 2011 EC has to consist of A statement of financial position [...]
The public sector is facing a multitude of challenges globally, from budgetary pressures and revenue limitations to intense scrutiny of public finances, all at the same time as rapidly increasing demand for high-quality public services. Moreover, with technology advancing as quickly as it is these days, it can sometimes be hard to keep up. New [...]
The public sector is facing a multitude of challenges globally, from budgetary pressures and revenue limitations to intense scrutiny of public finances, all at the same time as rapidly increasing demand for high-quality public services. Moreover, with technology advancing as quickly as it is these days, it can sometimes be hard to keep up. [...]
Immanuel Kant once said ‘in law a man is guilty when he violates the rights of others. In ethics he is guilty if he only thinks of doing so’. Ethics in accountancy profession requires much more than professional competence in technical matters. The actions or inactions of accountants, whether they are working in business, advisory [...]