Auditors soon will be able to provide more helpful information in their audit reports by communicating “critical audit matters” in addition to the pass/fail opinion on the financial statements. Critical audit matters are the backbone of PCAOB Auditing Standard 3101, The Auditor’s Report on an Audit of Financial Statements When the Auditor Expresses an Unqualified…
Enric Paredes, managing partner of Paredes Associats and GPM Auditors, and member of Grup20, has been appointed new European Vice President of GMN International, during the last annual regional meeting of the global association, held in Dublin. GMN International is a global association of independent consulting and auditing firms. It covers the five continents and…
Insurance would restore trust in a profession beset by scandal Christian Mouillon It is time to rethink what auditors do. A spate of recent accounting scandals, including India’s Satyam, South Africa’s Steinhoff and the UK’s Carillion, suggest that, in spite of standard-setters’ and regulators’ best efforts, not much has changed since the 2008 financial crisis.…
MADRID, 21 (EUROPA PRESS) La Asamblea de Madrid ha rechazado este jueves la tramitación de la Proposición de Ley de Podemos para la creación de la Agencia de Prevención y Lucha contra el Fraude y la Corrupción de la Comunidad de Madrid, con los votos en contra de PP y la abstención de PSOE y…
Lleva computado un coste de 60.718 millones hasta 2015, casi la mitad repartidos entre Catalunya Caixa y Bankia MADRID, 30 Oct. (EUROPA PRESS) – El Tribunal de Cuentas continuará con la fiscalización del coste del rescate bancario y la reestructuración del sector financiero con un nuevo informe que abarcará hasta junio de 2018. Así lo…
El Instituto de Contabilidad y Auditoría de Cuentas (ICAC), presidido por Enrique Rubio, ha sido nombrado nuevo miembro de los órganos de gobierno del European Financial Reporting Advisory Group (EFRAG), en la Asamblea General celebrada el pasado 23 de octubre en Bruselas. La persona designada como representante del ICAC en el Consejo para este mandato…
Seriously. Your child won’t be an accountant. Not because your child wants to go into some other profession. Even if your child loves what you do as an accountant today, is inspired by you and wants to follow your footsteps in the accounting profession, your child won’t be an accountant. Why? According to “The Future…
The Financial Reporting Council (FRC) as the UK’s competent authority for audit contributed to the first report on the EU market for Public Interest Entity (PIE) audit which has now been published. The report provides a baseline for monitoring the impact of new statutory audit regulation throughout the EU. The UK is the EU’s most…
The proliferation of an ever-more digital world, with technology reinventing historic business practices every day, has forced entire industries and professions around the world to shift their thinking and business models. Not surprisingly, the workforces supporting them have had to shift their focus as well-professional accountants, including auditors, are no exception. Traditional bookkeeping and manual…
El Tratado Comercial entre la Unión Europea y Canadá (CETA por sus siglas en inglés) es el más ambicioso jamás firmado por la UE, y supondrá una ventana de oportunidad para las empresas españolas. Así se desprende de un publicado ayer por el Banco de España. El organismo considera que este tratado, por su copmplejidad…