In November 2020, IFAC in partnership with cloudThing launched the IFAC PAO Digital Readiness Assessment Tool (the Tool).
The Tool was created to help and support IFAC member organizations on their digital journey. Each participating PAO will receive a report containing their results.
IFAC member organizations in Europe and Central Asia region are invited to attend - the event will also be will be live streamed on IFAC's YouTube channel
The webinar will be held in English, with simultaneous translation in Russian
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In November 2020, IFAC in partnership with cloudThing launched the IFAC PAO Digital Readiness Assessment Tool (the Tool).
At its March 2021 meeting last week, the IAASB approved Non-Authoritative Guidance on Applying ISAE 3000 (Revised) to Extended External Reporting (EER) Assurance Engagements. This guidance marks a significant step forward in supporting the evolving field of assurance for non-financial reporting. To help stakeholders understand the role of both the guidance and ISAE 3000 (Revised), which is the IAASB’s authoritative pronouncement, IAASB Chair Tom Seidenstein has published a new article detailing the guidance and how it supports the application of ISAE 3000 (Revised), growing demands for non-financial information reporting and assurance thereon, and the IAASB’s ongoing commitment to the consistent performance of quality engagements. The guidance will be published in April.
This Handbook contains the complete International Public Sector Accounting Standards, published as of January 31, 2021. It also includes the Conceptual Framework for General Purpose Financial Reporting by Public Sector Entities.
Together with ICAEW, The International Federation of Accountants (IFAC) today released the sixth installment in its Anti-Money Laundering: The Basics educational series: Installment 6: Businesses in Difficulty.
The publication is part of a 6-month short series helping accountants enhance their understanding of how money laundering works, the risks they face, and what they can do to mitigate these risks and make a positive contribution to the public interest. Installment six looks at businesses experiencing financial difficulties and the increased risk a professional accountant may face to inadvertently facilitate money laundering.
The installment series, with its focus on accessibility and ease of use, will be a resource for Small and Medium Practices (SMPs,) and accountants less familiar with AML, while also providing guidance for those looking for a quick refresher or reference.
Anti-Money Laundering: The Basics is featured on both the IFAC (landing page) and ICAEW websites and available for download for free. To be globally relevant, the series uses the risk-based approach of the Financial Action Task Force (FATF) – the global money laundering and terrorist financing watchdog -- as a starting point.
For more information about IFAC, visit www.ifac.org.
The series provides professional accountants with a better understanding of how money laundering works, the risks they face, and what they can do to mitigate these risks and make a positive contribution to the public interest.
