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Whistleblowing guide for accountants timely

The International Ethics Standards Board for Accountants has done the right thing by taking the bull by its horns and trying to strike a fine balance for the greater good.

Under the new standard, an auditor who discovers that an Indonesian subsidiary of his client is burning forests and contributing to the haze may need to report this, even though it is unrelated to the financial statements.

THE high-profile Panama Papers episode has taken whistleblowing to a whole new level. The colossal amount of information involved - 11.5 million documents or 2.6 terabytes, equivalent to the storage capacity of about 167 of the common 16-gigabyte thumb drives - the prominent list of notables...

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