Governments must spend to save lives and to save livelihoods but as they spend, commitments to transparency and accountability must not be brushed aside.
Using key insights from the recent Summit, the accountancy profession can move away from the constant cycle of reacting to anticipating the future and gently evolving to ensure the longer-term relevance and value of our industry, planet and people.
COVID-19 heralds the dawn of a new era of opportunities to strengthen the role of accountants and auditors in promoting more sustainable public finances. Closer collaboration between governments, professional accounting organizations, and development partners play a catalyst role in strengthening a balance sheet approach in governments while increasing the quality of their financial information.
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Preparing Future-Ready Professionals
KYC—The Right Tools for the Job?
As part of an upcoming report looking into the evolving world of client due diligence checks and the role that they can play in crime fighting and possibly the broader client relationship, ACCA are conducting a global survey of small and medium sized practices experiences of the KYC process.
Sole practitioners are a significant segment of the accountancy profession in many jurisdictions. They are facing multiple challenges, but also have many opportunities and Professional Accountancy Organizations (PAOs) will continue to have a key role to help them to be future-ready.
Alexandra Gridushko of the newly established Chamber of Auditors of the Republic of Belarus shares how auditing services will be affected in the Republic of Belarus and how the Chamber is preparing for the upcoming changes.
