Royal NIVRA, the professional body of Registered Accountants in the Netherlands, in close cooperation with the Scottish Chartered Accountants Trust for Education and the Institute of Chartered Accountants of Scotland (the facilitators) have facilitated the publication of “GAE 2007, Trends in Global Accounting Education”. A renowned group of international editors and authors is responsible for the content of the publication. The work is based on research into global developments with respect to the qualification, education and training of accountants and auditors. The facilitators recognize that the research and the resulting publication would not have been possible without the participation of a large group of international experts from the accountancy profession and from academe. Their contributions are recognized in the GAE 2007 publication.

Click on the link below to read the entire document or on the "Read More" link to view a quick summary of the key findings of this project.

GAE 2007 "Trends in Global Accounting Education" ENG 665.85 Kb

The World Bank has opened the Vienna Centre for Financial Reporting Reform (CFRR) to better assist countries in Europe and Central Asia in meeting the financial reporting standards needed for European Union accession. The new office will provide advice and analysis on targeted accounting policy reforms, will build capacity with civil servants from governments in the region, and will support the Bank’s other operations in the region. The CFRR team is expected to have about 20 staff and will focus on financial management, auditing and accounting, private sector development, project management and administrative issues.

During the IFAC Council meeting in Mexico City on November 13-15, 2007, a number of events were held to recognize IFAC’s 30th anniversary, including an anniversary seminar entitled The Financial Reporting Environment in the 21st Century.  Speeches made at this event will be posted to the IFAC website as soon as they are available. www.ifac.org

In April 2007, BISTA facilitated Twinning Agreements between Royal NIVRA and ACAP as well as Royal NIVRA  with support from IFAC, together with South Eastern Partnership for Accountancy Development (SEEPAD), its professional member bodies, and leading professional accountancy bodies from Western Europe will enter into twinning agreements to accelerate compliance with international standards. This alliance will develop a sustainable, twinning model with global relevance for professional bodies and universities.

The world’s weakest states aren’t just a danger to themselves. They can threaten the progress and stability of countries half a world away. In the third annual Failed States Index, FOREIGN POLICY and The Fund for Peace rank the countries where the risk of failure is running high. For more information, please click here .

The World Economic Forum will release The Global Competitiveness Report 2007-2008 on 31 October. The Report will include The Global Competitiveness Index featuring the 12 pillars of competitiveness, The Business Competitiveness Index, detailed country profiles and data tables covering more than 100 social and economic indicators. The rankings are drawn from a combination of publicly available hard data and the results of the Executive Opinion Survey, a comprehensive annual survey conducted by the World Economic Forum together with its network of Partner Institutes (leading research institutes and business organizations) in the countries covered by the Report. This year, over 11,000 business leaders were polled in a record 131 economies worldwide.

For more information, please click here .