The International Federation of Accountants (IFAC) issued an exposure draft and several information papers on education in ethics, corporate sustainability and internal control.

IFAC’s International Accounting Education Standards Board released an exposure draft of an International Education Practice Statement, Approaches to Developing and Maintaining Professional Values, Ethics and Attitudes ( ). Comments are due December 15, 2006. The board also released a related and similarly titled information paper reporting results of a wide-ranging research project on ethics education ( ).

In addition, IFAC’s Professional Accountants in Business Committee issued two papers on sustainability—managing the social, environmental and economic aspects of business performance—that provide an overview of the subject and of the role of accountants in measuring, recording and interpreting sustainability-related information, as well as interviews with 11 senior professionals working in this area around the world.

Another IFAC publication, Internal Controls—A Review of Current Developments, summarizes key internal control frameworks, highlights recent legislation and initiatives, and discusses the role of internal control in enhancing corporate governance. The papers are available free at .


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.