TAG-Audit News

A Year with Many Economic Challenges

11 Feb 2024

  Talal Abu Ghazaleh  The global economic outlook for 2024 seems to be more optimistic, compared to a year ago, when there were worries about a worldwide recession. ...

Abu-Ghazaleh Affirms IASCA's Unwavering Support for the Accountancy Profession in the Arab Region

11 Feb 2024

  IFAC Extends Congratulations to PACPA for Attainment of Full Membership    VIENNA - The International Federation of Accountants (IFAC) officially sanctioned the ...

IFAC Publishes Sustainability & Education Literature Review

11 Feb 2024

  The International Federation of Accountants (IFAC) released a literature review, Educating Accountants for a Sustainable Future: A Literature Review of Competencies, ...

IAASB Opens Public Consultation On Narrow Scope Amendments To Meet Expectations For Public Interest Audits

11 Feb 2024

  The International Auditing and Assurance Standards Board (IAASB) launched a consultation process on proposed narrow scope amendments to achieve greater convergence with the ...

IPSASB Issues Two Exposure Drafts Related To Natural Resources Project

11 Feb 2024

  Tangible natural resources are generally understood to be resources such as mineral resources, water, and living organisms that are naturally occurring. They account for a ...

The parallel Economy

15 Jan 2024

  Talal Abu Ghazaleh  In Modern societies, the demand is increasing to develop strategic studies that are considered as integrated reference to submit proposals, projects, ...

Abu-Ghazaleh: IASCA Issues the Arabic Version of the 2023 International Financial Reporting Standards

15 Jan 2024

  AMMAN – HE Dr. Talal Abu-Ghazaleh, chairman of the International Arab Soci-ety of Certified Accountants (IASCA), announced the issuing of the latest Arabic-translated ...

IASCA Takes Part in IFAC's Annual Congress

15 Jan 2024

  VIENNA - The International Arab Society of Certified Accountants (IASCA) took part in the IFAC’s Annual Congress in Vienna. The Congress, which took place on November ...

New Standard For Audits Of Less Complex Entities Issued By IAASB

15 Jan 2024

  The International Auditing and Assurance Standards Board (IAASB) published the International Standard on Auditing for Audits of Financial Statements of Less Complex Entities, ...

New and updated resources to help companies apply IFRS S1 and IFRS S2 from 2024

15 Jan 2024

  Ahead of the ISSB Standards—IFRS S1 and IFRS S2—coming into effect in January 2024, the International Sustainability Standards Board (ISSB) is providing new and ...

A Decade in Retrospect: Revisiting WTO reforms

04 Dec 2023

  Talal Abu-Ghazaleh A decade ago, when I penned a report detailing the urgent need for a rejuvenated World Trade Organization (WTO), I outlined an ambitious vision. But before ...

Dr. Abu-Ghazaleh Receives Representatives of Iraqi Chambers of Commerce Federation

04 Dec 2023

  AMMAN - HE Dr. Talal Abu-Ghazaleh, founder and chairman of Talal Abu-Ghazaleh Global (TAG.Global), has received in his office a delegation of the heads of the Federation of ...

IFRS Foundation proposes changes to the IFRS Accounting Taxonomy 2023

04 Dec 2023

  The IFRS Foundation has published IFRS Accounting Taxonomy 2023—Proposed Update 2 Common Practice for Financial Instruments, General Improvements and Technology ...

IASB consults on improved accounting requirements for financial instruments with both debt and equity features

04 Dec 2023

  The International Accounting Standards Board (IASB) has proposed amendments to address the challenges in companies’ financial reporting on instruments that have both debt ...

IFAC Releases Sustainability Checklist for Small Businesses

04 Dec 2023

  The International Federation of Accountants (IFAC) released a Small Business Sustainability Checklist (the Checklist) to help small- and medium-sized enterprises (SMEs) ...

IPSASB ISSUES IPSAS 49, RETIREMENT BENEFIT PLANS

04 Dec 2023

  The International Public Sector Accounting Standards Board® (IPSASB®), developer of international accrual-based accounting standards for use by governments and other ...

Dr. Abu-Ghazaleh Chairs IASCA Annual Meetings

09 Nov 2023

In Conjunction with its 40th Anniversary AMMAN - The International Arab Society of Certified Accountants (IASCA) has held the annual meeting of its Board of Directors and General ...

IAASB Enhances Auditor’s Report Transparency on Independence to Reflect Revisions in the IESBA Code of Ethics

09 Nov 2023

  The International Auditing and Assurance Standards Board (IAASB) has released amendments aimed at bolstering transparency and providing auditors with a clear mechanism to ...

New IFAC & CA ANZ Quality Management Toolkit Will Help Small- and Medium-Sized Practices Globally

09 Nov 2023

  The International Federation of Accountants (IFAC) and Chartered Accountants Australia and New Zealand (CA ANZ) released a quality management toolkit to help small- and ...

Public sector needs to prepare for sustainability reporting and assurance challenge

09 Nov 2023

  Across the globe momentum is building for sustainability reporting and assurance in the public sector. The IPSASB decided to move forward with the development of public sector ...

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