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Our online community became 14 years old on 1 April. No, not an April fool, we really have been doing it this long and our newswire - Double Entries - was going for some years before this and is now in its 19th volume.
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Latest News
AICPA REPORT SEES HIGH DEMAND FOR U.S. ACCOUNTING GRADUATES
19 June 2013
A report from the AICPA projects strong demand from public accounting firms for new U.S. accounting graduates. The 2013 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits states that a record 40,350 accounting graduates entered public accounting in 2012. Some 89 percent of firms forecast the same or increased hiring of graduates this year.
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NEW COBIT 5 GUIDE IDENTIFIES TOP THREE CYBERSECURITY GAME CHANGERS
19 June 2013
Cybercrime is on the rise, but will grow even faster if organizations ignore an emerging group of cybersecurity game changers: always-on connectivity, an increasingly IT-centric society, and a new class system that separates people by technology skills. ISACA’s latest guide, Transforming Cybersecurity Using COBIT 5, examines the impact of these game changers and how to manage and transform security by using COBIT 5, a business framework for the governance and management of enterprise information and technology.
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ISCACA ANNOUNCE GLOBAL CYBERSECURITY TASK FORCE
19 June 2013
As part of its ongoing commitment to helping business and IT leaders maximize value and manage risk related to information and technology, ISACA has announced the formation of a cybersecurity task force to drive research, guidance and advocacy. Eight information security professionals from locations around the world were named to the Cybersecurity Task Force.
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CONSULTATION ON PUBLIC SECTOR GOVERNANCE RELEASED BY IFAC AND CIPFA
19 June 2013
The International Federation of Accountants (IFAC) and the Chartered Institute of Public Finance and Accountancy (CIPFA) have issued for public comment a Consultation Draft for an International Framework on governance in the public sector.
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CIMA ELECTS NEW PRESIDENT
19 June 2013
Malcolm Furber FCMA, CGMA, has been elected President of the Chartered Institute of Management Accountants (CIMA) at its Annual General Meeting on Saturday, 15 June.
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EXPRESSIONS OF INTEREST SOUGHT FOR MEMBERSHIP OF XRB EXTERNAL REPORTING ADVISORY BOARD (XRAP)
19 June 2013
The External Reporting Board (XRB) is seeking expressions of interest from persons interested in serving on the External Reporting Advisory Panel (XRAP).
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FRC ISSUES DRAFT AUDITOR REGULATORY SANCTIONS PROCEDURE: SANCTIONS GUIDANCE FOR CONSULTATION
19 June 2013
One of the FRC’s key goals has been to enhance auditor performance by instituting a new regime for the independent sanction of poor audit work. This draft paper follows a consultation in December 2012 on the proposed Auditor Regulatory Sanctions Procedure which set out how the FRC’s new regulatory regime will operate.
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JOHN SMITH APPOINTED AS NEW IVSC TRUSTEE
19 June 2013
The International Valuation Standards Council is pleased to announce the election of John Smith to its Board of Trustees. An internationally recognised leader in the valuation and operation of financial instruments, John brings the expertise of a long and distinguished career to his role at the IVSC. In addition to his client work, he has been involved in numerous national and international initiatives to promote standardised valuation and accountancy practices.
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SREAMLINING SUSTAINABILITY - INCREASED FOCUS ON SUPPLY CHAIN MANAGEMENT AND DISCLOSURE IN NEW GRI GUIDELINES - G4
19 June 2013
The globalization of the world economy has led to a corresponding growth in the complexity of sustainability management. Organizations must now design sustainability management processes that include not just their own operations, but also address impacts of business partners in the supply chain. ?Last month, at the Global Conference on Sustainability and Reporting in Amsterdam, GRI’s new Guidelines – G4 – were launched. One of the key changes in G4 is the increased attention to supply chain performance disclosure.
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REGULATING FOR A MORE SUSTAINABLE FUTURE - NEW NORWEGIAN CSR REGULATION ENTERS INTO FORCE REQUIRING PUBLISH OR EXPLAIN POLICY ON SUSTAINABILITY REPORTING
19 June 2013
On 1 June, newly-passed regulation on sustainability reporting came into force in Norway. The Norwegian government passed the legislation in April, requiring large companies to provide information on how they integrate social responsibility into their business strategies. This represents an important milestone in the regulation of corporate transparency. Page Content
?The proposal was first made public in November last year, when Norwegian Foreign Minister, Espen Barth Eide, spoke before an audience of approximately 500 participants at the International Conference on CSR, announcing Norway’s aim to legislate for sustainability reporting. Eide recommended that the policy be based on the ‘Report or Explain’ principle; that companies should report their sustainability performance or explain why if they do not.
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Adverts:
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Member Offers
Forensic Accounting Course
This new, online, course takes the student through the day to day work of a forensic accountant, including - fraud investigations,
- damages assessments,
- valuations and
- legal proceedings.
Perfect for extending students’ understanding of this increasingly important field.
accountingcpd.net are offering members a 60% student discount. For a review copy or more information contact andrew.turner@nelsoncroom.co.uk or 020 7582 3309.

Accounting, Auditing and Accountability Journal
SPECIAL OFFER! - Emerald is pleased to offer all users of AccountingEducation.com FREE access to selected articles from AAAJ. The journal, now in its 24th volume, will publish eight issues in 2011. At least one article from each issue will be freely accessible!
Latest addition - "Climate change: Explaining and solving the mismatch between scientific urgency and political inertia by Jonathan Boston and Frieder Lempp (AAAJ - Vol. 24 Iss. 8)
Access other articles from the 2008, 2009, 2010 and 2011 volumes here.
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