Regulation has become immensely complex and is impacting organizations' opportunities to grow and innovate, according to the Global Regulation Survey, a study of accounting, finance, and business professionals conducted by the International Federation of Accountants (IFAC).
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In a speech following the G-7 Finance Ministers meeting in Dresden, US Treasury Secretary Jack Lew urged institutions -- such as the International Monetary Fund, European Commission, and European Central Bank -- to act, saying "there need to be some policy decisions implemented in Greece."
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Convened by the International Federation of Accountants(R) (IFAC(R)), the Accountability. Now. coalition met for the first time to develop strategies to encourage high-quality public sector financial reporting, greater government transparency and accountability, and empowered citizen engagement.
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