Reading this on a mobile device? Try our optimized mobile version here: http://r.smartbrief.com/resp/eetJCfbwoceYbuvxBQim

January 9, 2013
Sign upForwardArchiveAdvertise

  Top Stories 
  • Basel Committee eyes diverging loan-loss standards with concern
    The Basel Committee on Banking Supervision is concerned that the U.S. Financial Accounting Standards Board and the International Accounting Standards Board will treat loan losses differently as they pursue different impairment models. "While the boards have made significant progress in developing expected loss models, we also remain concerned as to whether the eventual standards will result in the early and timely build-up of sufficient levels of credit allowances," Basel Committee Chairman Stefan Ingves said. Bloomberg (1/4) LinkedInFacebookTwitterEmail this Story
  Africa 
  • Kenyan revenue agency bolsters hiring standards
    The Kenya Revenue Authority has stepped up its hiring process. Potential hires must provide a detailed application, and if they are a member of a professional society, such as the Institute of Certified Public Accountants of Kenya, their application must be channeled through that body. Also, the Ministry of Finance has called for the establishment of a committee to consider applications for registration of tax agents. Business Daily (Kenya) (1/3) LinkedInFacebookTwitterEmail this Story
  Americas 
  • Compliance is a concern in cloud computing
    Private or hybrid cloud computing is a trend that will pose major challenges to businesses this year, says ISACA, a global organization for information technology governance. Compliance risk is one concern with this model, James Kaplan, Chris Rezek and Kara Sprague write. Companies need to protect sensitive data and comply with regulations regarding where certain data can be stored and who can access them, they write. McKinsey Quarterly (free registration) (1/2013), CGMA Magazine (12/27) LinkedInFacebookTwitterEmail this Story
  • Other News
  Asia 
  Europe 
  • How to prepare for Europe's expected "lost decade"
    Companies doing business in Europe shouldn't let down their guard because the future of the eurozone has become more secure, research by Ernst & Young and the McKinsey Global Institute suggests. Find out about challenges ahead and how to best face them. CGMA Magazine (12/28) LinkedInFacebookTwitterEmail this Story
  • Other News
  Middle East 
  • Dubai re-emerges, but problems linger
    Dubai, United Arab Emirates, is re-embarking on ambitious development projects after pausing during financial difficulties the past few years. It is bolstering its role as a regional hub with projects such as Mohammed bin Rashid City. There are lingering debt woes, however. The Economist (free content) (1/5) LinkedInFacebookTwitterEmail this Story
  AICPA News 
Learn more about AICPAJoin AICPA  |  Member Services  |  Publications  | 
CPE, Conferences, Products  |  Contact us

  SmartQuote 
It is wise to keep in mind that neither success nor failure is ever final."
--Roger Babson,
American entrepreneur and business theorist


LinkedInFacebookTwitterEmail this Story

 

AICPA Resources


 
Subscriber Tools
   
Print friendly format  | Web version  | Search past news  | Archive  | Privacy policy

     
    Contact AICPA
    AICPA Service Center
    220 Leigh Farm Road
    Durham, NC 27707-8110 USA
    Phone: 888.777.7077
    Fax: 800.362.5066
    service@aicpa.org
    www.aicpa.org
     
    About AICPA
    The American Institute of Certified Public Accountants is the world's largest association representing the accounting profession, with nearly 386,000 members in 128 countries and a 125-year heritage of serving the public interest. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for audits of private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination and offers specialty credentials for CPAs who concentrate on personal financial planning, fraud and forensics, business valuation and information technology. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management Accountant designation to elevate management accounting globally.

     
     Recent Global CPA Report Issues:   Lead Editor:   Tom Anderson
         
    Mailing Address:
    SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
     
     
    © 1999-2013 SmartBrief, Inc.®  Legal Information