What is the way forward for financial reporting? The range of views expressed at three roundtable events held around the world in 2009, plus emerging thoughts on the topic are examined in the latest report from the GAA.
The Global Accounting Alliance (GAA) was formed in November 2005 and is an alliance of leading professional accountancy bodies in significant capital markets. It was created to promote quality services, share information and collaborate on important international issues. The GAA works with national regulators, governments and stakeholders, through member-body collaboration, articulation of consensus views, and working in collaboration where possible with other international bodies, especially the International Federation of Accountants (IFAC).
The Alliance facilitates a co-operation between 11 of the worldˇ¦s leading professional accounting organizations: