Tag Archives: IFAC
Monitoring Group Redesigns Standard-Setting
SHARE: It has taken them five years, but the Monitoring Group has issued their final recommendations to advance the public interest in international audit-related standard-setting and improve audit quality. Their 27-page report “Strengthening the International Audit and Ethics Standard-Setting System” was released in July. The members of the Monitoring Group (MG) are the: Basel Committee…
IFAC Backs Whistleblower Protection
SHARE: Whistleblower protection is essential to empower people who uncover corruption, according to International Federation of Accountants Executive Director Kevin Dancey: “IFAC supports the adoption of whistleblower protection legislation in all jurisdictions in line with principles advanced by the G20, the OECD, and the International Bar Association.” Looking at the G20 Anti-Corruption Plan, he identified…