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07 Dec 2007
The International Federation of Accountants (IFAC) has released a policy position on professional regulation of the accountancy profession, stating professional accountancy bodies, acting in the public interest, must play an active role in the regulation of the profession.
The paper, Regulation of the Accountancy Profession, outlines various types of regulatory models and how they can be implemented and discusses the roles of professional accountancy bodies and governments.
The paper urges professional accountancy to continue its dialogue with governments to find the right balance between self-regulation with public oversight and external regulation.
This dialogue is crucial to guarantee overall regulation of the profession is of high quality and the benefits of regulation exceed the costs by ensuring regulatory systems change over time as market demands for accountancy services change.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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