A new IFAC discussion paper examines the methods
different countries’ accounting organizations advocate for defining
and achieving competence in professional accountancy. Comments are due
by October 31 ( www.ifac.org/News/LastestReleases.tmpl?NID=99010990012150
).
The Organisation for Economic Co-operation and
Development’s initiative on harmful tax practices draws the opposition
of the U.S. Treasury secretary, who characterizes the group’s proposal
as an effort to dictate how individual countries should structure
their national tax systems ( www.treas.gov/press/releases/po366.htm
; www.oecd.org/daf/fa/harm_tax/harmfultax_eng.pdf ).
