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Trust in charities: working towards a global standard

IFR4NPO is an initiative to develop global financial reporting guidance for non-profit organisations. It is spearheaded by Humentum and CIPFA to heighten transparency and enhance trust. If donors do not have access to consistent, high-quality, accurate financial information, why would they continue to invest? This is a top concern for non-profit organisations (NPOs) globally and a concern that Humentum and CIPFA aim to put to rest through the development of an international non-...
United Kingdom Samantha Musoke Ian Carruthers Ford Foundation Charity Community Npo Technical Advisory Group
Source: icaew.com

China Blood Products Market Report 2021 - COVID-19 Pandemic Brings Development Opportunities to Domestic Companies

Share this article Share this article ResearchAndMarkets.coms offering. With the adjustment in the catalog of medicines covered by national medical insurance system, the scope and reimbursement ratio of almost all blood products for clinical use grow tremendously, which has further opened up the blood product market. In 2020, the lot release volume of blood products in China sustained growth, hitting 101.31 million bottles, a year-on-year upsurge of 12.7%. Wherein, the lot release volume of hu...
Jiangxi Boya Bio Guangdong Shuanglin Bio Shuanglin Bio Laura Wood Wuhan Zhongyuanruide Biological Products Co Ltd Health Commission Of Yunnan Province

Enhancing offshore oil and gas decommissioning framework

Date Time Enhancing offshore oil and gas decommissioning framework The Australian Government has approved a suite of measures aimed at enhancing and strengthening Australia’s offshore oil and gas decommissioning framework. Minister for Resources, Water and Northern Australia Keith Pitt said the measures will ensure the offshore decommissioning framework is clear and fit for purpose. “Australia’s offshore oil and gas industry has supported Australia’s energy security and economic activit...
Keith Pitt National Offshore Petroleum Administrator Australian Government Northern Australia Keith Pitt Offshore Oil Gas Decommissioning Review

FPA challenges TPB to properly define 'tax financial advice'

Print The Financial Planning Association (FPA) has hit out at the Tax Practitioners Board (TPB) for failing to align the rules for tax financial advisers with the Financial Adviser Standards and Ethics Authority (FASEA) regime while failing to define what actually represents tax financial advice that falls outside the definition of financial advice. In a strongly worded submission to the TPB the FPA said it was extremely disappointed “by the TPB’s reluctance to unconditionally accept the [C...
Tax Agent Services Ethics Authority Financial Planning Association Tax Practitioners Board Financial Adviser Standards Exposure Draft

Changes to not-for-profit laws may silence activists and advocacy groups

Changes to not-for-profit laws may silence activists and advocacy groups The changes may have a ‘chilling effect’ on advocacy in the sector March 7, 2021 In February 2021, the Treasury released an Exposure Draft of a law that would change how not-for-profit organisations are regulated in Australia. These changes, which have so far escaped widespread attention, could significantly stifle activist organisations and advocacy groups more broadly.  As a brief overview, all Australian not-for-pr...
Swapnik Sanagavarapu Paul Oosting Katrina Bullock Getup National Aboriginal Legal Service Charities Zed Seselja

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China Low-speed Electric Vehicle (LSEV) Market Report 2020: 30.58 Million Units by 2020 - Market will Further Expand with the Popularization of Shared Electric Bikes

Share this article Share this article ResearchAndMarkets.coms offering. The output of electric bicycle in China in 2019 hit 27.08 million units, up 6.1% yr-on-yr. The figure amounted to 25.48 million units from Jan 2020 to Oct. 2020, up 33.36% yr-on-yr. The figure is expected to be 30.58 million units by 2020. The market will further expand with the popularization of shared electric bikes. Electric bicycle As for industry competition, the electric bicycle industry faces a new round of reshuffl...
Chan Tang Wuling Hong Guang T King Ouling Weifang Ruichi Zhejiang Luyuan Shandong Shifeng

Brunei: Domestic economy grew 2.6pc in first half of 2020; no new Covid-19 cases

P1a_01012021 BANDAR SERI BEGAWAN, Jan 2 (Borneo Bulletin/ANN): The domestic economy grew by 2.6 per cent year-on-year in the first half of 2020, Autoriti Monetari Brunei Darussalam (AMBD) stated in its bi-annual policy statement for the second half of 2020. AMBD’s inflation forecast for 2020 remains in the range of one per cent to two per cent with inflation in 2021 forecast to be in the range of zero per cent to one per cent. AMBD highlighted that the overall risk level of the banking sector...
Malaysia General Brunei Darussalam Brunei Ministry Of Health National Isolation Center Brunei Association Of Banks Domestic Systemically Important Bank

General presentation and disclosures: ICAEW's point of view

General presentation and disclosures: ICAEWs point of view 22 December 2020: ICAEW has responded to the IASB’s Exposure Draft on General Presentation and Disclosures (Primary Financial Statements). What is our point of view? The International Accounting Standards Board (IASB) has proposed improvements to the way information is communicated in the financial statements, with a focus on financial performance.  The proposals are a response to investor demand and, if a...
Michael Stewart Financial Reporting Faculty Committee International Accounting Standards Board General Presentation Primary Financial Statements Senior Expert
Source: icaew.com

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