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    عضو خبير محترف و استشاري

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  1. Maintaining trust and confidence in companies, markets, and economies during a crisis is the fastest path to recovery after a crisis. As the COVID-19 pandemic continues to present unexpected challenges globally, maintaining this trust must remain a priority. IFAC’s new Point-of-View, Maintaining Trust & Confidence During Crisis, explores how different participants in the economy can work together to navigate challenges and instill trust during both the current pandemic and in future times of uncertainty. Professional accountants provide the strategic and operational expertise, integrity, reliability, and transparency needed for economies to function during challenging times. Organizations who provide high-quality information help maintain confidence in and facilitate economic recovery after any crisis. High-quality information serves to improve stakeholder understanding, sustain capital flows and instill credibility in reporting entities. Through this lens, IFAC examines the role of three key stakeholder groups in maintaining trust: Senior management and those with governance responsibility, who must ensure their organizations report high-quality information; Regulators, who serve to protect investors and stakeholders that rely on the information companies provide; and Professional accountants, who must draw upon their training, expertise, and ethical responsibility to carry out their public interest mandate and facilitate the delivery of high-quality information. As a knowledge convener, IFAC continues to share web-based resources from its members and other stakeholders in response to COVID-19. This new Point-of-View builds upon existing guidance to provide thinking that can be applied to both current challenges and future crises. أضغط على الرابط لزيارة موقع الخبر
  2. Today the IAASB released COVID-19 pandemic-related guidance on Review Engagements on Interim Financial Information. This guidance may help auditors in the current uncertain and evolving environment. Click HERE to learn more. أضغط على الرابط لزيارة موقع الخبر
  3. Today the IAASB released COVID-19 pandemic-related guidance on Review Engagements on Interim Financial Information. This guidance may help auditors in the current uncertain and evolving environment. Click HERE to learn more. أضغط على الرابط لزيارة موقع الخبر
  4. This is the seventh installment of a 12-month publication series titled Exploring the IESBA Code. This installment addresses inducements. For more information about the Code, click here. أضغط على الرابط لزيارة موقع الخبر
  5. The Consultative Advisory Group (CAG) of the International Public Sector Accounting Standards Board (IPSASB) has re-elected Thomas Müller-Marqués Berger as its Chair until June 2023. In his role as Chair, Mr. Müller-Marqués Berger will continue to lead the IPSASB CAG, which he has done since its inception in June 2016. The CAG is composed of 25 representatives of public and private sector organizations and individuals that are interested in, or affected by, the IPSASB’s work, including those engaged in the preparation, audit, or evaluation of public sector financial reports. The CAG advises the IPSASB on technical projects and issues, as well as on its Strategy, adoption of standards, and other pressing issues. Mr. Müller-Marqués Berger is a distinguished public sector accounting expert. Currently Global Head of International Public Sector Accounting for Ernst & Young, Mr. Müller-Marqués Berger’s deep experience in accounting standard-setting includes chairmanship of the Public Sector Group of Accountancy Europe since 2011, membership of the German Public Sector Committee since 2002, and service to global standard setting as an IPSASB member from 2009–2014. “I am delighted that Mr. Müller-Marqués Berger will continue to serve as CAG Chair. He has played a key role in the CAG’s development into an influential advisor for the IPSASB. He will be a great asset to both the IPSASB and its CAG as we address the challenges created by the current environment, while continuing to make progress with our wide-ranging work program,” said IPSASB Chair Ian Carruthers. “I look forward to continuing to work closely with Thomas and the CAG.” “I am very appreciative of the trust CAG members have placed in me, and I believe that the CAG’s journey has just begun,” said Mr. Müller-Marqués Berger. “I am honored to lead this exceptional group of public sector experts as it continues to serve as the IPSASB’s strategic advisor, helping to set priorities and to advance the public interest, especially during this uniquely challenging time. It gives me great pleasure to continue the ongoing partnership with Ian and the IPSASB.” About the IPSASB The International Public Sector Accounting Standards Board (IPSASB) works to strengthen public financial management globally through developing and maintaining accrual-based International Public Sector Accounting Standards® (IPSAS®) and other high-quality financial reporting guidance for use by governments and other public sector entities. It also raises awareness of IPSAS and the benefits of accrual adoption. The Board receives support from the Asian Development Bank, the Chartered Professional Accountants of Canada, the New Zealand External Reporting Board, and the governments of Canada and New Zealand. The structures and processes that support the operations of the IPSASB are facilitated by the International Federation of Accountants (IFAC). For copyright, trademark, and permissions information, please go to permissions or contact permissions@ifac.org. About the Public Interest Committee The governance and standard-setting activities of the IPSASB are overseen by the Public Interest Committee (PIC), to ensure that they follow due process and reflect the public interest. The PIC is comprised of individuals with expertise in public sector or financial reporting, and professional engagement in organizations that have an interest in promoting high-quality and internationally comparable financial information. أضغط على الرابط لزيارة موقع الخبر
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  9. Today the IAASB released COVID-19 pandemic-related guidance on auditing accounting estimates and related disclosures. This guidance may help auditors in the current uncertain and evolving environment. Click here to learn more. أضغط على الرابط لزيارة موقع الخبر
  10. In the wake of unprecedented economic disruption due to the COVID-19 pandemic, many companies are rethinking their fundamentals and assessing how their corporate purpose, strategy and business model will drive long-term success. To support businesses in this uncertain environment, the International Federation of Accountants (IFAC), International Integrated Reporting Council (IIRC), and the Association of International Certified Professional Accountants (the unified voice of the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA)) today released new guidance for Chief Financial Officers (CFOs) and finance teams to navigate their organizations toward long-term value creation. “COVID-19 is the greatest threat to value creation we’ve seen in generations. As a result, many companies are juggling a handful of pressing priorities, including protecting cash flows, ensuring long-term value creation, and delivering positive societal impacts,” said IFAC CEO Kevin Dancey. “The CFO and finance function can partner with management to overcome the challenges associated with understanding and driving long-term value creation.” The report contains actionable insights for CFOs, finance teams, and other business leaders to sharpen their perspective on value creation beyond the financials, including how to: Understand the value creation process Identify principal opportunities and risks related to the organization’s strategy and business model Develop an integrated view of performance and value, incorporating balance sheet, business, and societal perspectives; and Drive priorities for value creation into decision making and reporting. The approach outlined in this report helps CFOs and finance teams to think about how to ensure that all relevant information around performance, opportunities, risks, and trade-offs are available to internal decision-makers, investors, and other capital providers. It also enables the corporate mindset to evolve from shareholder value creation to a longer-term stakeholder value creation perspective. “With an estimated 80 percent of enterprise value now made up of non-financial assets such as brand recognition, human capital and customer satisfaction, organizations that understand how to create and deliver value will be better positioned to achieve sustainable success,” said Barry Melancon, CPA, CGMA and CEO of the Association of International Certified Professional Accountants. “Accounting and finance professionals are uniquely positioned to bring together the insights and data needed by management teams to inform a value creation agenda, which is particularly important during this time of uncertainty.” “Business leaders are under growing pressure to marry profit with purpose. A value creation agenda delivers exactly this,” said Charles Tilley, CEO of the IIRC. “Building on the International Integrated Reporting Framework, this new report will guide CFOs to better understand, measure, and report on value creation and impact. The result is comprehensive measurement based on a company’s value drivers that can be used to steer long-term sustainable development.” About IFAC The International Federation of Accountants (IFAC) is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC is comprised of more than 175 members and associates in more than 130 countries and jurisdictions, representing more than 3 million accountants in public practice, education, government service, industry, and commerce. About IIRC The International Integrated Reporting Council (IIRC) is a global coalition of regulators, investors, companies, standard setters, the accounting profession, academia and NGOs. The coalition promotes communication about value creation as the next step in the evolution of corporate reporting. The IIRC’s vision is to align capital allocation and corporate behaviour to wider goals of financial stability and sustainable development through the cycle of integrated reporting and thinking. Visit: www.integratedreporting.org About the Association for International Certified Professional Accountants The Association of International Certified Professional Accountants (the Association) is the most influential body of professional accountants, combining the strengths of the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA) to power trust, opportunity and prosperity for people, businesses and economies worldwide. It represents 650,000 members and students across 179 countries and territories in public and management accounting, and advocates for the public interest and business sustainability on current and emerging issues. With broad reach, rigor and resources, the Association advances the reputation, employability and quality of CPAs, CGMAs and accounting and finance professionals globally. أضغط على الرابط لزيارة موقع الخبر
  11. This report sets out current thinking on how CFOs and their finance teams can account for and communicate value creation for internal and external stakeholders. This thinking enables CFOs and their teams to focus on: Understanding value creation and how value creation is defined, created, delivered, and sustained; and Measuring and tracking performance covering three interconnected value creation perspectives: balance sheet, business, and societal value. The approach laid out in this report, and a supplementary report, Understanding Value Creation, helps enable the corporate mindset to evolve from short-term shareholder value creation to long-term stakeholder value creation. More information on value creation from across the global accounting profession is available via our resource page: Rethinking Value Creation. أضغط على الرابط لزيارة موقع الخبر
  12. Before an organization can measure, track, and communicate on its value, it is important to understand value creation and enable a value creation business model. This can be achieved through a management process of defining, creating, delivering, and sustaining value. This report examines the process of creating and maintaining value in great depth. It also serves to supplement the report The CFO and Finance Function Role in Value Creation. More information on value creation from across the global accounting profession is available via our resource page: Rethinking Value Creation. أضغط على الرابط لزيارة موقع الخبر
  13. IFAC has responded to the European Commission’s Review of the Non-Financial Reporting Directive (NFRD). The NFRD marks another valuable step in the dialogue and evolution toward relevant, reliable, and comparable reporting of non-financial information. IFAC urges the Commission to adopt a global mindset by engaging input from a broad range of international stakeholders in determining the best way forward. Steps taken must “fit within” a global system and avoid regional regulatory fragmentation. أضغط على الرابط لزيارة موقع الخبر
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