View a slideshow of the survey findings and surprising facts about the accounting profession
It establishes a framework for the two bodies to work together, sharing knowledge and expertise in order to further the development of the UAE's accounting profession
We've created a comprehensive 'professional ecosystem' for those in and around the accounting profession
and are excited to see the site come to life.
The AICPA named fraud prevention a top agenda concern for the accounting profession
The Sarbanes-Oxley legislation passed in 2002 in reaction to the headline-grabbing finance scandals has increased the attention on the accounting profession
In 1969 the AICPA passed a resolution to integrate the profession, establishing the Minority Initiatives Committee (MIC) to help minorities become CPAs and encourage their advancement and retention within the accounting profession
The reforms have highlighted staffing and experience shortages in the accounting profession
, prompting companies to step up their recruiting efforts and offer more competitive compensation and benefits packages.
The challenge before IMA and each of you is to reeducate senior financial management, senior business management, and the rest of the accounting profession
about the need to build high-quality, highly understandable business analysis and decision making into all aspects of the business, not just the external financial reporting process.
But its importance, as we all know, stems from the many scandals and fraud and so forth rising from the capital markets and the accounting profession
The accounting profession
will recover from the current negative press, but it will be almost impossible to remain the "most trusted adviser" if we cannot convince the "brightest and best" students to enter the profession.
But it's not solely the question of right or wrong that confronts students in their classrooms, it's how to maintain the integrity of the accounting profession
Helping to develop the accounting profession
in emerging countries is a responsibility that the Institute of Chartered Accountants in Australia takes to heart--and during the past year has taken to Nepal.
For mutual insurance companies, there may be no share holders, but there are policyholders, regulators, reinsurers, creditors and others who may rely on the mutual companies' financial statements certified by a member of the accounting profession
The joint letter announced new initiatives of the agencies and the accounting profession
to develop enhanced guidance on loan-loss allowances over a one- to two-year period.
During the past decade, however, those in the financial community, particularly within the accounting profession
, viewed this information with both interest and dismay.