Please find below the link to the May 2010 issue of the IFAC Global Digest, which features news items obtained from the websites of IFAC member bodies and related organizations.

http://membernet.ifac.org/GlobalDigest/2010_05_Global_Digest.php   

The following news items are featured in this issue of the Digest:

Developments Related to Financial Crisis and Economic Recovery

1.     Financial Stability Board Provides Update on G-20 Reforms

2.     IMF Report Examines Risk in Global Financial System

3.     Transparency International Calls for Swift G-20 Reforms

Additional News from Member and Regional Accountancy Bodies

1.     Canadian Household Debt Reaches Record in 2009: CGA-Canada Report

2.     CPA Australia Develops Guide for Addressing Liquidity Risk

3.     ICAEW Journal Addresses Public Finance Sector

4.     ICAS Publishes Practical Guide for Company Directors

5.     Indian and Japanese Institutes Enter Into Joint IFRS Initiative

6.     SAICA Hosts Mervyn King Lecture on Integrated Reporting

7.     Venice FEE SME/SMP Congress Addresses Practical Issues for Small and Medium-sized Enterprises

Additional News from International and Other Organizations

1.     European Commission Barnier to Publish Paper on Role of Auditors

2.     IAAER Appoints SAC Consult Committee

3.     IASB and US FASB Issue 1Q 2010 Progress Report

4.     New Governance Guide for Unlisted Companies Published

5.     New Zealand to Create New Financial Market Regulator

6.     UK FRC Chief Executive Announces Review to Enhance Value of Audits

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