USA private company divided on the importance of 2016 presidential election
Over a third of USA companies surveyed by PwC USA believe the 2016 presidential election is unimportant for the companies’ growth agenda in the next several years.
View ArticleMixed Trans-Tasman views on IFRS
Users of financial reports in New Zealand are overall satisfied with the current state of financial reporting but have identified room for improvement, according to a research by the New Zealand...
View ArticleBrexit poll
As UK Prime Minister David Cameron has announced a referendum on the UK’s future in the EU, Timetric’s accountancy titles The Accountant and sister publication International Accounting Bulletin look...
View ArticleNew competition: financial services firms at risk
Traditional financial services firms believe their businesses are at risk due to advance in technology and the success of financial technology companies, a global survey by PwC has found.
View ArticleDeloitte replaces KPMG for audit of Bulgarian Telecomunications Company
Bulgarian Telecomunications Company EAD (BTC) has appointed Deloitte Audit OOD as its auditors replacing KPMG Bulgaria OOD.
View ArticleNon-Financial Reporting Directive: 'Comply or explain' is pure jargon -...
Brussels. Speaking in his personal capacity at an event in Brussels on Tuesday, Nicolas Bernier Abad, policy officer at the European Commission (EC), referred to the so-called 'comply or explain'...
View ArticleBelgian audit profession and DRC’s new professional body forge closer ties
Brussels/London. The Belgian Institute of Registered Auditors (Institut des Réviseurs d'Entreprises, IRE) has signed a cooperation agreement with the newly-created professional accountancy body of the...
View ArticleBrief: The Investment Association’s long-termism plan; Sri Lankan...
The Investment Association in the UK has launched a so-called Productivity Action Plan, aimed at promoting long-term investment as a tool with which reinvigorate the UK economy. The Institute of...
View ArticleAngola’s accountancy profession heralds expected tough emergence
Angola's profession has kick-started an official regulatory system and created a defined framework of accounting standards.
View ArticleNews brief: UK FRC launch consultation on audit enforcement procedure
Ahead of the EU audit regulation and directive coming into effect in June of this year, the UK Financial reporting Council (UK FRC), has launched a consultation on proposals for the audit enforcement...
View ArticleESMA publishes report on the activities of EU accounting enforcers
The European Securities and Markets Authority (ESMA) has published an overview of its activities as well as the activities of accounting enforcers in the European Economic Area when examining...
View ArticleObama administration to close tax loopholes in Delaware, Nevada and Wyoming
Robert Stack, Deputy Assistant Secretary (International Tax Affairs) at USA Department of the Treasury, announced in a recent interview that the Obama administration was working on a law to end tax...
View ArticleUK FTSE350 underprepared for audit rotation rules
Three in five FTSE350 companies are yet to prepare a full strategic plan around audit rotation rules, which is due to take effect in June 2016, according to an EY survey of FTSE 350 business leaders.
View Article“Panama papers come at unfortunate moment for EU Commission”: EC head of unit...
Brussels/London. The revelations of the ‘Panama papers’ came at an unfortunate moment for the European Commission (EC) who is on the verge of pitching a corporate tax transparency proposal to the...
View ArticlePwC US appoints Tim Ryan as chairman
PwC US has selected Timothy Ryan as its chairman. He succeeds Bob Moritz who was recently appointed to global chairman of PwC.
View ArticleTax avoidance disqualifies Big Four firms from bidding for international...
The UK Shadow Secretary of State for International Development, Diane Abbott, told today the BBC Radio 4’s Today programme that a Department for International Development (DfID) under her leadership...
View ArticleEU Commission tax proposal highly criticised by tax experts and civil...
The European Commission (EC) has published a proposal to amend the EU Accounting Directive to introduce public country-by-country reporting (CBCR) obligations by multinationals, but civil society...
View ArticleProfessor Gillis: PCAOB’s lead auditor supervision standard tipped to...
A new standard proposed by the USA audit regulator, the Public Company Accounting Oversight Board (PCAOB), could improve the audit market and investor protection in China, according to Paul Gillis,...
View ArticlePwC partner to be first female at the helm of Japanese institute
Aiko Sekine, a partner at PricewaterhouseCoopers Aarata in Japan, was appointed chairman and president of the Japanese Institute of Certified Public Accountants, effective 25 July 2016.
View ArticleDutch regulator fines Big Four firms for breaching the law
The Dutch financial sector regulator, The Netherlands Authority for the Financial Markets (AFM), has imposed fines on the Big Four audit firms for failure to comply with their duty of care, only five...
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