TAG-Audit News

Abu-Ghazaleh: The Technological Infrastructure is the solid Foundation of Strong Economy

04 Feb 2021

  AMMAN – HE Dr. Talal Abu-Ghazaleh, founder and chairman of Talal Abu-Ghazaleh Global (TAG.Global), stated that the technological infrastructure is the most important ...

IASB proposes new IFRS Standard to give investors a more complete picture of the financial performance of rate-regulated companies

04 Feb 2021

  The International Accounting Standards Board (Board) has published proposals for a new accounting standard that would require companies subject to rate regulation to give ...

IPSASB ISSUES TWO LEASES-RELATED PUBLICATIONS FOR PUBLIC COMMENT

04 Feb 2021

  The International Public Sector Accounting Standards Board® (IPSASB®) has released for comment Exposure Draft (ED) 75, Leases and Request for Information, Concessionary ...

Anti-Money Laundering, the Basics: Installment 4 – Asset Transfers

04 Feb 2021

  This is the fourth installment of a 6-month publication series titled Anti-Money Laundering, The Basics. The series provides professional accountants with a better ...

Abu-Ghazaleh: Internal Audit is a Strategic Partner of Modern Management in the Knowledge Era

05 Jan 2021

  AMMAN -  Upon an invitation from HE Mr. Abdulqader Obaid Ali, chairman of the UAE Internal Auditors Association,  HE Dr. Talal Abu-Ghazaleh, founder and chairman of ...

Discussion Paper and comment letters: Business Combinations—Disclosures, Goodwill and Impairment

05 Jan 2021

  The International Accounting Standards Board (Board) has published a Discussion Paper on possible improvements to the information companies report about acquisitions of ...

IAASB RAISES THE BAR FOR QUALITY MANAGEMENT

05 Jan 2021

  The International Auditing and Assurance Standards Board (IAASB released its three quality management standards. The standards promote a robust, proactive, scalable and ...

IFAC Releases New International Standard Support Resources

05 Jan 2021

  International Federation of Accountants (IFAC) released updates to two previously published international standard support resources: Agreed-Upon Procedures (AUP) ...

In a new episode of the “World to Where?” program on RT Abu-Ghazaleh: China’s Digital Currency Threatens Dollar’s Dominance

06 Dec 2020

  AMMAN - Arab economist, HE Dr. Talal Abu-Ghazaleh, founder and chairman of Talal Abu-Ghazaleh Global (TAG. Global), shed light on China's ‘Digital Currency Payment (DCEP) ...

IASB proposes amendment to its leases Standard to improve accounting for sale and leaseback transactions

06 Dec 2020

  The International Accounting Standards Board has proposed to amend IFRS 16 Leases by specifying how a company measures the lease liability in a sale and leaseback ...

IAASB ISSUES NEW SUPPORT FOR ASSESSING RISKS OF MATERIAL MISSTATEMENT WHEN USING AUTOMATED TOOLS AND TECHNIQUES

06 Dec 2020

  The International Auditing and Assurance Standards Board (IAASB) Technology Working Group released a new non-authoritative frequently asked questions publication on using ...

IFAC Publishes User-Friendly Training Materials to Support IPSAS Implementation

06 Dec 2020

  To assist governments and government entities wishing to report in accordance with the accrual-based International Public Sector Accounting Standards (IPSAS), IFAC has ...

IMF Latest Report Reveals Superiority of Chinese Economy over American Abu-Ghazaleh: China Dethrones the US from Global Economic Dominance

04 Nov 2020

  AMMAN - Arab economist and prominent businessman, Dr. Talal Abu-Ghazaleh, founder and chairman of Talal Abu-Ghazaleh Global (TAG.Global), talked about a recent report issued by ...

The IFRS Foundation proposes changes to the IFRS Taxonomy 2020 to support high-quality tagging of primary financial statements

04 Nov 2020

  The IFRS Foundation has  published IFRS Taxonomy 2020—Proposed Update 4 General Improvements and Common Practice—Presentation of information in primary ...

IAASB ISSUES STAFF AUDIT PRACTICE ALERT ON CLIMATE-RELATED RISKS

04 Nov 2020

  Climate change is increasingly front of mind for investors and other stakeholders of the International Auditing and Assurance Standards Board (IAASB) as its effects are ...

IFAC and ICAEW Release Second Installment of Six-Part Anti-Money Laundering Educational Series

04 Nov 2020

  Together with ICAEW, The International Federation of Accountants (IFAC) Released the second installment in its Anti-Money Laundering: The Basics educational series: Installment ...

Abu-Ghazaleh: For our existence on Earth, we have to sell the Present to Buy Future

13 Oct 2020

  AMMAN - Prominent Arab economist and businessman, HE Dr. Talal Abu-Ghazaleh, chairman and founder of Talal Abu-Ghazaleh Global (TAG.Global), warned of climate change crisis, ...

September 2020 IFRS for SMEs Update published

13 Oct 2020

  This edition of the IFRS for SMEs Update highlights recent activities and materials published to support the Request for Information on the second comprehensive review of the ...

NEW ILLUSTRATIVE EXAMPLES FOR ISA 540 (REVISED) IMPLEMENTATION: EXPECTED CREDIT LOSSES

13 Oct 2020

  The International Standard on Auditing (ISA) 540 (Revised) Implementation Working Group published illustrative examples for auditing expected credit loss (ECL) accounting ...

IFAC Calls for Creation of an International Sustainability Standards Board Alongside the International Accounting Standards Board (IASB)

13 Oct 2020

  IFAC, the global voice of the accountancy profession, called for the creation of a new sustainability standards board that would exist alongside the IASB under the IFRS ...

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