The business advisory video series features interviews with SMP Committee Members Florin Toma, CPA, Romania, and Stuart Black, FCA, Australia. View all on the IFAC YouTube Channel.
The business advisory video series features interviews with SMP Committee Members Florin Toma, CPA, Romania, and Stuart Black, FCA, Australia. View all on the IFAC YouTube Channel.
The business advisory video series features interviews with SMP Committee Members Florin Toma, CPA, Romania, and Stuart Black, FCA, Australia. View all on the IFAC YouTube Channel.
This article highlights the value of review engagements, especially to SMPs in meeting the needs of their SME clients, and explains many of the key features of International Standard on Review Engagements 2400 (Revised), Engagements to Review Historical Financial Statements, released by the IAASB in September 2012.
The business advisory video series features interviews with SMP Committee Members Florin Toma, CPA, Romania, and Stuart Black, FCA, Australia. View all on the IFAC YouTube Channel.
The SMP Committee’s Strategy and Work Plan for 2013–2016 outlines the committee’s objectives, strategic plan, and key outputs. It highlights how the SMP Committee’s planned activities align with and support IFAC’s overall strategy and work plan to support the worldwide accountancy profession. While this document contains the SMP Committee’s strategy for the four-year period 2013–2016, the work plan activities detailed are only for 2013. Work plans for the three subsequent years will be developed annually.
This response to the International Financial Reporting Standards for Small- and Medium-Sized Entities (IFRS for SMEs) was prepared by the IFAC Small and Medium Practices (SMP) Committee in collaboration with IFAC public policy and regulation staff.
At the annual IFAC SMP Forum, delegates convene to learn, debate, and collaborate on a global stage regarding the unique opportunities and challenges facing SMPs and their small- and medium-sized entity (SME) clients. This year’s event attracted over 175 delegates from 33 professional accountancy organizations in 30 countries.
Program is subject to change.
7:15 – 8:45
Registration and Collection of Materials
9:00 – 9:25
Welcome
Fayez Choudhury, CEO, IFAC; Dr. Mussa J. Assad, President, PAFA; Naru Thakkar, President, ICPAU (Presentation)
9:25 – 9:25
Guest of Honor Speaker of the Parliament of Uganda – Rt. Hon. Rebecca Kadaga
9:45 – 10:00
Setting the Scene Giancarlo Attolini, Chair, IFAC SMP Committee (Presentation)
10:00 – 10:20
Refreshment Break
10:20 – 11:30
Panel 1: Supporting SME Growth Through Innovation Chair: Stuart Black, Member, IFAC SMP Committee (Presentation)
Panelists: Bernard Agulhas, CEO, Independent Regulatory Board for Auditors (South Africa) (Presentation)
Japheth Katto, CEO, Capital Markets Authority of Uganda
André Kilesse, President, Fédération des Experts-comptables Européens (FEE) (Presentation)
11:30 – 12:45
Panel 2: Enhancing SMP Value Through Assurance and Practice Management Chair: Sylvia Tsen, Director, Quality and Member Relations (Presentation)
Panelists: Peter Hollis, Chair, ICAEW Practice Committee
Brendan Murtagh, Member, International Auditing and Assurance Standards Board (IAASB) (Presentation)
12:45 – 13:45
Lunch and Transition to Breakout Session
Participants will be split into breakout groups to share their views, experience and ideas on emerging trends and tools and resources required to support today and tomorrow’s SMPs
13:45 – 15:15
Breakout One: Technology, Business, and Regulatory Trends Impacting SMPs (Sessions will be chaired and led by SMP Committee members)
15:15 – 15:30
Refreshment Break
15:30 – 17:00
Breakout Two: Initiatives to Assist SMPs – Success Stories and Priorities (Sessions will be chaired and led by SMP Committee members)
17:00 – 17:20
Closing Remarks
Giancarlo Attolini, Chair, IFAC SMP Committee
Vickson Ncube, CEO, PAFA
18:30 – 21:30
Dinner
The forum is made possible through the generous support of our sponsors:
Presentation by Paul Thompson, IFAC Deputy Director, SME & SMP Affairs at the Central and South East Europe Regional Forum for Professional Accountancy Organizations co-hosted with the World Bank in Vienna on June 1, 2012.
