NEW YORK- Professional Accountants in Business (PAIB) Committee has released on July 11, 2008 two proposed International Good Practice Guidance documents for public comment:
• “Evaluating and Improving Governance in Organizations”: it sets out a framework and provides guidance for evaluating and improving an organization’s governance structures.
• “Costing to Drive Organizational Performance”: it establishes a benchmark for good practice guidance to assist accountants in business in providing useful cost information to support effective decision making in organizations.
PAIB expects public comments by September 23, 2008.
To view both documents, please visit the following website: http://www.ifac.org/EDs
The PAIB Committee serves IFAC member bodies and more than one million professional accountants worldwide who work in commerce, industry, public sector, education and the not for profit sector.
IFAC is the worldwide organization for the accountancy profession dedicated to serve the public interest by strengthening the profession and contributing to the development of strong international economies.
For more information, please visit the following website:
www.ifac.org