[aaykarbhavan] Fw: The Latest Global Knowledge, Resources and News from the Gateway

On Tuesday, 7 April 2015 6:55 PM, IFAC <communications@ifac.org> wrote:

	April 7, 2015
	Latest Viewpoint The Complexity and Urgency of Water: Time for the Accountancy Profession to Step Up by Dr. Martin Keulertz, Researcher, Humboldt University of Berlin and Texas A&M University, Dr. Tony Colman, Honorary Visiting Research Fellow, Dept. of Environmental and Geographical Science, University of Cape Town and Prof. Tony Allan, Professor Emeritus, King's College London and School of Oriental and African Studies, University of London In the run-up to its 2015 annual meeting in Davos, Switzerland, the World Economic Forum published a report on key economic risks that captured and highlighted the opinion of experts and global decision makers. Water is the number one risk threatening global stability in the coming years. Californians can already tell how this risk plays out in practice. The accounting profession can play a major role in helping to mitigate this risk by advancing global standards and reporting requirements for water use in agriculture, which withdraws 70% of freshwater worldwide while industry and households are withdrawing 20% and 10% respectively. However, due to return flows by industry and households thanks to water recycling technology, the actual water consumption rate of agriculture is at 92% compared to 3% by households and 5% by industry.		WHAT'S IN THIS ISSUE Audit & Assurance Practice Management
	Audit & Assurance
	1. Resources | View All Audit's Velvet Resolution Article | Association of Chartered Certified Accountants Is Your Firm in Danger? Article | Accounting Today Clarified Auditing Standards: Planning an Audit (AU-C 300)–Part 1 Article | Accounting Web Getting Involved in Public Sector Assurance Report | Fédération des Experts-comptables Européens – Federation of European Accountants How Coordination Enables Compliance with the Group Audits Standard Article | Journal of Accountancy Quality Assurance Report | Hong Kong Institute of Certified Public Accountants Clarified Auditing Standards: Internal Control Related Matters—Part 2 Article | Accounting Web 2. News | View All Analysis: New Auditor's Report April 1, 2015 | AccountancySA Auditor Report: Baseline Set, Now Searching for 'Sweet Spot' in Investor Communication March 30, 2015 | CFA Institute PCAOB on Verge of Reorganizing Audit Standards March 26, 2015 | Accounting Today How and Why the Audit Has to Evolve–Rapidly March 26, 2015 | Financial Executives Wither Independent Audit? March 25, 2015 | OUPblog Disciplinary Oversight of Aspiring Auditors Vested in South Africa's IRBA March 25, 2015 | The Accountant
	Practice Management
	1. Discussion | Accountants' Biggest Concerns in 2015 The 2014 IFAC Global SMP Survey found a number of challenges facing SMPs and their SME clients, and highlighted key factors in the rapidly changing business environment to which accountants will need to adapt.  2. Resources | View All How Accounting Firms Can Break Up with Their Social Media Platform Article | CPA Practice Advisor Pricing Strategies for Business Advisory Services Guidance | Accounting Web 5 Ingredients for Workday Happiness Article | In The Black Client Taming Article | Accounting Today Is Your Firm in Danger? Article | Accounting Today Your Firm Is in More Danger than You Think Article | Accounting Today The Truth about Millennials Video | Journal of Accountancy ICAEW Country Resources Website/Resource Center | Institute of Chartered Accountants in England and Wales 6 Smart Tips from Practice Management Dream Team Article | Financial Planning All Parts of the Sandwich Article | Accounting Today Boomer's Blueprint Article | Accounting Today IFAC Global SMP Survey: 2014 Results Report | IFAC Managing Change in Your Practice Article | The Institute of Chartered Accountants in England and Wales 3. News | View All Why Accountants Are Now the New Trusted (Technology) Advisor April 1, 2015 | Accounting Web Accountants Need Soft Skills March 31, 2015 | Economia The New Face of Recruiting March 30, 2015 | Accounting Today 'Accounting Services' Tops List of Top 9 Industries for 2015 Graduates March 26, 2015 | Accounting Today IFAC Global Survey: SMP Accountants Expect Advisory Services & Tax to Drive Business March 25, 2015 | IFAC Tax and Advisory Services Expected to Drive Accounting Business Growth Globally March 25, 2015 | Accounting Today
	Prepared by IFAC's Communications Department. Contact communications@ifac.org for further information. Copyright © 2015 by the International Federation of Accountants (IFAC). All rights reserved. Written permission from IFAC is required to reproduce, store or transmit, or to make other similar uses of, this document, except as permitted by law. Contact permissions@ifac.org. Unsubscribe | Manage IFAC subscriptions

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Posted by: Dipak Shah <djshah1944@yahoo.com>

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