About the Global Accounting Alliance

The Global Accounting Alliance (GAA) comprises 11 of the world's leading professional accountancy institutes. It represents more than 775,000 professional accountants in over 165 countries from around the globe. The GAA promotes quality services, shares information and collaborates on important international issues. As part of this effort, the GAA publishes a bi-monthly online journal. GAA Accounting includes authoritative yet accessible articles to advance the understanding of theory and practice in accounting, business finance and related subjects for members around the world. The June 2011 edition is available online and also as a Digital Edition.

Global Accounting Alliance online journal

The Global Accounting Alliance (GAA) comprises the world's leading professional accountancy institutes. It promotes quality services, shares information and collaborates on important international issues. As part of this effort, the GAA publishes an online journal to which its member organizations, including the Canadian Institute of Chartered Accountants (CICA), contribute articles. The April 2010 issue of GAA Accounting is available online and as a Digital Edition.

Focus on Corporate Governance and Executive Compensation

Public focus on corporate conduct and high-profile corporate governance reviews have brought board performance to the forefront of the governance debate. Board evaluations are nothing new. But, while many companies conduct some form of board review and some elect to have an external agency conduct or facilitate their board evaluation, approaches to this particular area of corporate scrutiny vary. (Read the articles on Corporate Governance and Executive Compensation in the February 2010 issue of GAA Accounting online, also available in digital page-flip format.)

Using social networking for business purposes

In as little as five years, Social Networking has become pervasive in families, relationships, places of work and classrooms. Social Networking using the internet started with e-mail, mailing lists, bulletin board services, internet forums and newsgroups. Social Computing services emerged together with the World Wide Web in the 1990s. Despite the gawkiness of these initial attempts at Social Networking using the Internet, Social Networking has become extremely profitable and popular. The technology responsible for this new evolution of Social Networking is Web2.0 (second generation Web-based platforms designed to aid online collaboration and user-generated content sharing). (Read the article Social Networking Revisited in Accountancy South Africa online and on the Global Accounting Alliance website.)

Making financial reporting simpler and more useful: The way forward

The Global Accounting Alliance (GAA) has published a report titled Making Financial Reporting Simpler and More Useful: The Way Forward. The report summarizes the range of discussions and views expressed at a series of roundtable events held in London, Beijing and New York in 2009. It examines the many emerging thoughts, ideas and actions proposed. Finally, the report outlines actions which should lead to financial reporting becoming simpler and more useful.

Sustainability Reporting and Assurance: The Way of the Future

Doing business ethically and in a responsible manner will not only contribute to the short-term profitability of a business, but will also ensure its long-term survival. The development of corporate governance over recent years has given prominence to the need for businesses to behave in a responsible and ethical manner, and this has resulted in a move from a focus on profits for shareholders only, to the recognition that business has a responsibility to those that give it its licence to operate, namely its stakeholders at large. This has given rise to the concepts of Corporate Citizenship, Sustainability and Triple Bottom Line Reporting. (Read the article Sustainability Reporting and Assurance in the GAA online newsletter.)

Global Accounting Alliance online journal

The Global Accounting Alliance (GAA), formed in November 2005, is an organization of the world's leading professional accountancy institutes. It was created to promote quality services, share information and collaborate on important international issues. As part of this effort, the GAA publishes a bi-monthly online journal to which its member organizations, including the Canadian Institute of Chartered Accountants (CICA), contribute in-depth articles. The December issue of GAA Accounting is now available online.

Accounting Leaders Discuss Simplifying Financial Reporting

The Global Accounting Alliance (GAA), formed in November 2005, is an organization of the world's leading professional accountancy institutes. It was created to promote quality services, share information and collaborate on important international issues. As part of this effort, the GAA publishes a bimonthly online journal. The lead article in the August 2009 issue of GAA Accounting is the American Institute of Certified Public Accountants (AICPA) coverage of the July 17, 2009 AICPA-GAA Roundtable discussion on simplifying financial reporting.

Getting a global perspective of the accounting profession

The Global Accounting Alliance (GAA) was formed in November 2005. It is an alliance of the world's leading professional accounting organizations, including the Canadian Institute of Chartered Accountants (CICA). The GAA was created to promote quality services, share information and collaborate on important international issues. As part of this effort, it publishes a bimonthly online journal to which its member organizations, including the CICA, contribute in-depth articles. Read the latest issue of Global Accounting Alliance online journal, including an article on fair value called When The Engine Overheats Don’t Blame The Oil Light by Paul Cherry, Past Chair of Canada’s Accounting Standards Board (AcSB) and Ian Hague, Principal, AcSB.