10 Desde IFAC

 

IFAC RELEASES NEW INTERNATIONAL STANDARD SUPPORT RESOURCES (December, 2020) Agreed-Upon Procedures (AUP) Engagements: A Growth and Value Opportunity (the AUP Publication): Describes AUP engagements, when they are appropriate, and identifies key client benefits. It also covers AUP engagements on financial and non-financial subject matters, provides six short case studies with example procedures that might be applied and two illustration AUP reports from ISRS 4400 (Revised). Choosing the Right Service: Comparing Audit, Review, Compilation, and Agreed-Upon Procedures Services (the Brochure): Explains and differentiates the range of audit, review, compilation, and agreed-upon procedures services which practitioners can provide in accordance with relevant international standards. It can help current and prospective clients understand the range of services available, when they are appropriate, as well as their benefits. Both resources have been updated to reflect International Standard on Related Services 4400 (Revised), Agreed-Upon Procedures Engagements, which was approved by the International Auditing and Assurance Board (IAASB) earlier this year and is effective for agreed-upon procedures engagements for which the terms of engagement are agreed on or after January 1, 2022. The demand for AUP engagements continues to grow as a broad range of stakeholders, such as regulators, funding bodies, and creditors use agreed-upon procedures reports for a variety reasons. Flexibility is a key benefit of AUP engagements, as they can be tailored to different circumstances and focused on individual items of financial or non-financial subject matters. One of IFAC’s three strategic objectives is contributing to and promoting the development, adoption, and implementation of high-quality international standards. There are numerous additional guidance and support resources available on the dedicated ‘Supporting International Standards’ section of the IFAC Knowledge Gateway. Earlier today the International Federation of Accountants (IFAC) released updates to two previously published international standard support resources:
	Contact: Jennifer DiClerico Head of Communications +1-212-286-9344 jenniferdiclerico@ifac.org

52. Desde TechTarget

 

The top 5 enterprise advanced analytics use cases Advanced analytics adoption has been growing across industries. The technology has many growing use cases in enterprises, but these are the top five.

The data science process: 6 key steps on analytics applications The data science process includes a set of steps that data scientists take to gather, prepare and analyze data and present the analytics results to business users.

15 common data science techniques to know and use Data scientists use a variety of statistical and analytical techniques to analyze data sets. Here are 15 popular classification, regression and clustering methods.

Data literacy necessary amid COVID-19 pandemic Data literacy is perhaps more important now than ever before as healthcare organizations, governments and enterprises struggle to deal with the effects of COVID-19.

Desde UOC

 UOC

El aprendizaje en línea en 2021: de la urgencia a la calidad

El reto más importante para el aprendizaje en línea será pasar

 de la emergencia a la calidad

22 Desde Accounting Today

 

SPECIAL REPORT CAS as the core of an advisory practice

While Client Accounting Services can stand  on their own, the insights they offer into clients’ businesses  make them a potential springboard to a wide-ranging  constellation of high-value advisory services. REGISTER TO VIEW

52. Desde TechTarget

 

14 most in-demand data science skills you need to succeed

The demand for data scientists continues to grow, but the job requires a combination of technical and soft skills. Here are 14 key skills for effective data scientists.

12 Desde Data Science Central

 

Sponsored News from Data Science Central

The Human Side of AI Bias The stories of bias in AI are everywhere: Amazon’s recruiting tool, Apple’s credit card limits, Google’s facial recognition, and dozens more. The quick solution is just to blame the algorithm and its designers. But it’s not a question of whether or not your institution has bias, but rather how you plan to handle it. In part 1 of 2 of this latest Data Science Central podcast, ‘How to Start Tackling AI Bias, Part 1: The Human Side of AI Bias’, Jett Oristaglio, Data Science Product Lead of Trusted AI at DataRobot, will explore how to handle both general and AI bias, as well as: How to think about bias as it relates to AI specifically, and the human systems that it is used in Reframing the conversation around AI to understanding it as the first step in building a more ethical system Speaker: Jett Oristaglio, Data Science Product Lead of Trusted AI - DataRobot Hosted by: Sean Welch, Host and Producer - Data Science Central Download Now >

3 Desde Alerta de la Fundación IFRS

 

December 2020 IASB podcast available now

IFRS Foundation podcasts   Financial Instruments with Characteristics of Equity   Supply Chain Financing Arrangements—Reverse Factoring   Post-implementation Review of IFRS 9—Classification and Measurement   Primary Financial Statements   Second Comprehensive Review of the IFRS for SMEs Standard   Disclosure Initiative—Subsidiaries that are SMEs   International Accounting Standards Board

4 Desde HBR

 

Today’s Tip

Help an Employee Turn Frustration into Action

If someone on your team lost a big account or was passed over for promotion, they’re bound to feel disappointed, frustrated, or angry. As a leader, it’s natural to want to help them bounce back quickly. But you can also help them channel that negativity into motivation. Start by naming the emotion. For example, you might say something like, "It sounds like you're really disappointed," or, "I'm sensing some frustration in your voice." A nonjudgmental observation like this (even if it’s not entirely accurate) starts a dialogue and invites the person to either agree or disagree. Then you can encourage them to recognize their feelings as a signal that they really care. You might say, "This really matters to you, doesn’t it?," or, “I can see how important this is to you.” Finally, help them channel their passion into action. You can candidly share your own experiences with struggles and growth. Or you ask them how they’ll feel if nothing changes, then ask them how they’ll feel if they act on their frustration and move on. This will help them embrace the possibility of taking positive steps forward — and help them come up with a game plan that they can deliver on.

This tip is adapted from “Turn Your Team’s Frustration into Motivation,” by Dane Jensen

3 Desde Alerta de la Fundación IFRS....News Alert

 

December 2020 IASB Update available and work plan updated

IASB Updates   Disclosure Initiative—Accounting Policies   Disclosure Initiative—Subsidiaries that are SMEs   Financial Instruments with Characteristics of Equity   Supply Chain Financing Arrangements—Reverse Factoring   Pension Benefits that Depend on Asset Returns   Post-implementation Review of IFRS 9—Classification and Measurement   Primary Financial Statements   Second Comprehensive Review of the IFRS for SMEs Standard   International Accounting Standards Board

32 Desde Accounting Tools

 

New Course Spotlight In the Economic indicators course, we explore the nature of the business cycle and delve into the different types of economic indicators, including those related to labor, retail sales, expenditures, housing, manufacturing, inflation, and consumer confidence. The course also provides extensive coverage of the reports issued by the Federal Reserve. This course is the ideal tool for enhancing the reliability of your planning process.

10 Desde IFAC

 

THE LATEST The Latest Global Knowledge, Resources and News from the Gateway

Preparing Future-Ready Professionals Anti-Money Laundering: The Basics Developed collaboratively with ICAEW, this aims to help professional accountants enhance their understanding of how money laundering works, the risks they face, and what they can do to mitigate these risks and make a positive contribution to the public interest.

Together We Can Go Far, Through Volunteering in recognition of International Volunteer Day, IFAC expresses gratitude to its volunteers for their dedication, passion, ideas and hard work.		Building Resilient and Sustainable Economies Forum: 7 – 11 December 2020 How do we build resilience into a global economy weakened by the COVID-19 pandemic? And how do we do so sustainably? These questions will be the focus of discussions during the MOSAIC forum – a coalition of accountancy professionals, international donors and development experts – to be held virtually from December 7 to 11.		Case Study: Bank Pembangunan Malaysia Berhad (BPMB) - Rethinking Value Creation As new chair of the board, Datuk Zaiton Mohd Hassan introduced integrated thinking as the foundation to move the development bank forward and focus its objectives and activities on creating value. Under BPMB’s new value creation framework, all projects to be funded by the bank are measured along two dimensions – impact to national development and the sustainable development goals.

GATEWAY TOPICS Supporting International Standards Contributing to the Global Economy Building Trust & Ethics Developing the Accountancy Profession Preparing Future-Ready Professionals

COVID-19 RESOURCES FROM IFAC'S NETWORK For more resources and guidance on how to navigate through the coronavirus crisis, please visit IFAC's COVID-19 page.

NEWS FROM IFAC & STANDARD SETTERS IFAC Releases Latest Point-of-View: Embracing a People-Centered Profession December 7, 2020 | News IFAC and ICAEW Release Third Installment of Six-Part Anti-Money Laundering Educational Series November 30, 2020 | News

RESOURCES FROM OUR NETWORK How the Pandemic has Impacted the Way Accountants Work December 7, 2020 | CPA Canada Digital Transformation Reimagined: Accountants’ Lessons Learned December 3, 2020 | AICPA Auditing Fraud Risk During a Pandemic December 2, 2020 | Journal of Accountancy ICAEW Data Analytics Certificate: Helping the Profession Tackle the Data Explosion December 2, 2020 | ICAEW Educational Material: the Effects of Climate-Related Matters on Financial Statements Prepared Applying IFRS Standards December 1, 2020 | IFRS Foundation 5 Ways Technology Is Changing Accounting Skills November 30, 2020 | CPA Australia A Time to Reflect: Climate-Related Risk in the Financial Statements November 30, 2020 | A4S Three Tips for Building Remote-Work Policies that Last November 27, 2020 | Journal of Accountancy Corporate Sustainability and ESG: Counting on Accountants November 25, 2020 | In the Black