The Association of International Accountants (AIA) are pleased to announce the awarding of AIA membership to two senior professors based in Malaysia. Mr Mahebub Chatur, AIA Head of Development for Malaysia & ASEAN presented the AIA Certificate of Membership awarded by the AIA Council to Prof. Nor Effuandy Pfordten and Prof. Norhaila Binti Sabli at a ceremony held in Malaysia on 11 October.
The Financial Reporting Council (FRC) has issued amendments to new UK GAAP to improve the accounting for certain financial transactions, which will also improve ease of use of the standards and reduce the cost of compliance.
The Financial Reporting Council (FRC) has today issued a consultation on Statutory Regulations and Guidance for Local Public Audits, as part of establishing the new regulatory framework for local public audit in England and Wales.
China's economic growth is showing more recovery signs in the second quarter after a bumpy start in the beginning of the year, but renewed setbacks may come from the ongoing property downturn, according to economists.
China and Brazil sealed their expanding commercial partnership on 17 July 2014 with a $5 billion credit line for Brazilian miner Vale and the purchase of 60 passenger jets from Brazilian planemaker Embraer.
Chinese President, Xi Jinping, has said that China will work with Latin American and Caribbean countries to boost their two-way trade to $500 billion in ten years.