International


The International Federation of Accountants (IFAC) released an exposure draft of proposed International Education Standard (IES), Competence Requirements for Audit Professionals ( www.ifac.org/eds ), to ensure auditors have the knowledge, skills, values, ethics and attitudes to perform competently. The proposed IES will apply not just to audit engagement partners but to all accountants responsible for making significant contributions to an overall audit opinion. Comments are due July 15, 2005.

SPONSORED REPORT

Building client loyalty with payroll services

In this report, CPA experts detail their tactics for performing successful payroll services, how to mitigate risk in the process, and the impact payroll can have as a value-added service.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.