New Framework Addresses Audit Quality Disclosures

Useful guidance for audit firms of all sizes

The Center for Audit Quality (CAQ), an AICPA affiliate, describes itself as an autonomous public policy organization dedicated to enhancing investor confidence and public trust in global capital markets by fostering, among other things, high-quality performance by public company auditors. Time and time again, polls have given high marks for the public trust of accountants in various regards. For example, a January 2019 survey taken by three international accounting bodies found a much higher trust level in accountants than in governmental tax systems. Maintaining the high confidence of the public is critical for public accountants who hold the exclusive franchise for audit reports on financial statements.

Even though the resources generated by the CAQ are specifically directed toward public company auditors, they provide beneficial insights and tools that can be helpful to private company auditors as well.… Read More

Artificial Intelligence and Corporate Reporting

Financial Reporting Council report considers the impact

The Financial Reporting Council (FRC) is the regulator of auditors in the United Kingdom, as well as the standard setter for corporate governance. The FRC’s goal is to promote transparency and integrity in business for the investors and others who rely on company reporting.

In response to the call for improved corporate reporting, the FRC established the Financial Reporting Lab (Lab) in 2011, as a means for investors and companies to together develop pragmatic solutions. To address technology related challenges, the Lab initiated two projects. Digital Present looked at the current state of technology tools and how to best employ them. Digital Future, building on the results of Digital Present, “is designed to identify what benefits the new mediums and technologies should offer, consider which technologies might do this and how companies can make the most of the digital opportunity.”

One of the findings of the Digital Present project report released in 2015 was that companies were not making the most of the available technology in the corporate reporting process.… Read More

Integra International Announces New Firm in Dammam, Saudi Arabia

Integra International is very pleased to announce that a new member in Dammam, Saudi Arabia, has been admitted.  Nasser Alkhunaizi Certified Public Accountants is a 2 Partner, 15 staff full service firm with branch office in Manama, Bahrain.

Main contact persons for Integra International are the two Partners, Mr. Nasser Alkhunaizi, who can be contacted at and Mr. Nader Al-Ghanem who was member of Integra International until 2016. Mr. Al-Ghanem can be contacted at

The branch office in Manama, Bahrain, is established under the name of Al-Ghanem Certified Public Accountants and the main contacts for Integra are Mr. Nader Al-Ghanem and the Audit Manager, Mr. Muhsin Mohammed who can be contacted at

More details about the firm can be seen  on the Integra Website.  … Read More

Integra International Announces New Firm in Chisinau, Moldova

Integra International is very pleased to announce that a new member in Chisinau, Moldova, has been admitted.

First Audit International – FAI – is a Joint Stock Company constituted in 1996. 
The firm has 1 Managing Partner and 22 staff. They all speak Romanian and Russian, and 8 of them speak very good English.

Managing Partner and Director of the firm is Mr. Sergiu Soimu who has over 25 years of professional experience. Mr. Soimu is a full member of the Association of Professional Accountants and Auditors of Moldova (ACAP) – member of IFAC. Mr. Sergiu Soimu can be contacted at

Additional contact persons for Integra will be:
– the Deputy Director, Mr. Corneliu Soimu, who can be contacted at
– and the Director of Accounting Services Department, Mrs.Read More

Integra International Announces New Firm in Cagliari (Sardinia), Italy

Integra International is very pleased to announce that a new member in Cagliari, on the Island of Sardinia, Italy, has been admitted.

M&C Network is a young firm, constituted in 2017.
Very quickly this full service firm became an active Lead Firm in Sardinia with two offices, one in Cagliari, the capital of Sardinia, and the other in Oristano, the capital of the central-western part of the island, the province Oristano.

The firm has 5 Partners and 8 staff.
Managing Partner of the firm and main contact person for Integra International is Mr. Nicola Meloni, who can be contacted at

More details about the firm can be seen  on the Integra Website

We welcome Mr. Nicola Meloni, his Partners and the staff of M&C Network.… Read More

Integra International Announces New Firm in Mauritius

Integra International is very pleased to announce that a new member in Mauritius has been admitted.  GD RICHES Chartered Accountants is a 1 partner, 11 staff audit and accounting firm in Quatre Bornes, Republic of Mauritius.  The main contact person for Integra is the Partner, Mr. Gowtamsingh Dabee, who can be contacted at

Mr. Dabee has 25 years of experience as a professional accountant in public practice and industry.  More details about the firm can be seen  on the Integra Website.  We welcome Mr. Dabee and the staff of GD RICHES to Integra International.


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Integra Announces New Firm in Peshawar, Pakistan

Integra International is very pleased to announce that a new member in Peshawar, Pakistan, has been admitted.

Shahid Ahmad & Co – SACO is a well established firm in Peshawar, the capital of the Pakistani province of Khyber Pakhtunkhwa, close to the border with Afghanistan, and the 6th largest city in Pakistan.
Because of the proximity to Afghanistan, the firm has a second office in Kabul, the capital of Afghanistan.

The firm has 4 partners and 13 staff.
The 2 leading partners are Mr. Manzoor Ahmed Savul, FCA, leading the firm in Peshawar, and Mr. Muhammad Ahmed Shahid, FCA, leading the firm in Kabul and Managing Partner of both offices.
All partners of the firm are well qualified and experienced in the accounting profession, and they speak very good English.… Read More

Integra Announces New Firm in Tashkent, Uzbekistan

Integra International is very pleased to announce that a new member in Tashkent, Uzbekistan has been admitted.

NAZORAT-AUDIT is a 3 Partner and 24 staff firm.
For the last three years, the firm secured the third position in the national professional rankings of the Republic of Uzbekistan.

The main contact person is the Managing Partner, Mr. Bahodir Nazarov, who can be contacted at

For more information please check out the firm details on the Integra Website

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Integra Member Publishes Team Building Article in Accounting Today

Voices Team-building traditions that make the firm stand out

During 2018, HMWC CPAs & Business Advisors celebrated 50 years in business serving the Southern California community and beyond. The firm has come a long way in that time. Starting with a sole practitioner pioneer opening up an office in 1968, the firm and affiliates have reached the milestone of 100 in personnel.

A number of factors account for success and sustainability over that period of time. CPAs often remark that their achievements stem from employing an approach that differs from their competitors. However, my years of observations tend to show that the public looks upon most CPA firms as being remarkably similar. The expectation is that all will be experts in the fundamentals of accounting, audit and tax.… Read More

Integra Announces 2019 Conference Dates

Integra International is getting ready for another great year of Conferences!

May 16 – 18, 2019 AAANZ Regional Conference
Location: Hyatt – Guadalajara, Mexico

June 13 – 15, 2019 EMEIA Regional Conference
Location: Hotel Vier Jahreszeiten – Munich, Germany

September 21, 2019 Cross Border Tax Workshop
Location: Rome, Italy

October 31 – November 2, 2019 Global Conference
Location: Kimpton Hotel– Washington DC, USA

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