Country-by-country reporting to be introduced in UK tax laws and set the...
The UK Finance Bill will allow the Treasury to pass regulations requiring multinationals to disclose their profits and tax returns to all stakeholders and not just tax authorities.
View ArticleNews brief, firm movements: HLB, MGI, Baker Tilly
MGI Worldwide has added Kamdar Desai & Patel Chartered Accountants to the MGI Asia Area network.
View ArticleInternational Accounting Bulletin Asian countries rankings part II
International Accounting Bulletin has published its survey of Hong Kong, New Zealand, Australia, India
View ArticleNews brief: 70% of listed equity markets now official partners of the (SSE),...
Fifty eight stock exchanges, representing over 70% of listed equity markets are now official partners of the Sustainable Stock Exchange Initiative (SSE), a project of the United Nations (UN),...
View ArticleHMRC captured by corporate interests and crippled by public accountability...
An independent review commissioned by the UK Labour party to be released today (8 September) is expected to recommend tackling a perceived public accountability deficit, the main structural problem of...
View ArticlePwC UK reports 7% growth while Deloitte bridge the gap at the top of the...
PwC UK has reported annual revenues of £2,948m (US$ 3,926.88m) in the year to 30 June 2016, up 7% year-on year, remaining the largest firm in the UK.
View ArticleBrazil largest stock exchange to tighten governance rules following...
Brazil largest stock exchange and one of the world’s 20 largest stock exchanges, BM&FBovespa, has put forward a series of proposals to tighten corporate governance rules following a fraud and...
View ArticleIFAC's call to promote 2016 SMP survey
IFAC has issued a call to its member organisations to help promote the 2016 IFAC Global SMP Survey which will open on 1 October 2016 in 23 languages.
View ArticleInvestors welcome suggested auditor selection process but call for more...
CFA Institute director of financial reporting policy for EMEA Vincent Papa welcomed the Federation of European Accountants (FEE) suggested process for selecting auditors in the context of audit...
View ArticleAICPA to release exposure draft on Cybersecurity Examination
The AICPA is working on a new type of engagement which will give auditors a framework for providing organizations with an evaluation of their cybersecurity risk management, and is expected to release...
View ArticleNews brief, Gender gap still an issue for internal audit profession
Women in the internal audit profession still perceive themselves as lacking in core competencies and technical specialities.
View ArticleProfessionals react to a possible breakthrough between Chinese and USA...
China will seek out ‘regulatory equivalence’ when it comes to audit inspections of its USA listed firms’ according to Paul Gillis, professor of practice at Peking University’s Guanghua School of...
View ArticleNews brief: EY settles “romantic relationship” and “improperly close...
EY has settled with the USA Securities and Exchange Commission (SEC) a case in which one of its then partners violated independence rules when she engaged in a “romantic relationship” with the...
View ArticleNews brief, Moore Stephens largest UK firm reports double digit growth...
Moore Stephen LLP has announced revenues of £105.5m ($137.6m) in FY16, a 14% growth on the previous year. The firm also reported an increase in average profit per partner of 33% on the prior year.
View ArticleNews brief, Malaysian internal auditors expect more work out of standards...
The Council of the Malaysian Institute of Accountants approved in April of last year amendments to a number of International Standards on Auditing (ISAs), which will come into force on 15 December of...
View ArticleGovernment initiatives cause rise in ESG disclosures in ASEAN
Government initiatives are contributing to a major rise in sustainable reporting in ASEAN countries as disclosures are becoming more significant, according to a report commissioned by the Global...
View ArticleSMEs must make mistakes when it comes to sustainability reporting, GRI’s...
Companies should not fear making mistakes in their sustainability reporting and while this is true for all companies it is particularly the case for SMEs, according to Theresa Fogelberg, GRI’s deputy...
View ArticleEU to draw up common list of non-cooperative tax jurisdictions
The European Commission (EC) has announced it will draw up a pan-EU list of non-cooperative tax jurisdictions by the end of 2017, a measure which forms part of a broader action plan to reform...
View ArticleCSOEC president “wowed” by the French institute’s first congress out of France
Brussels, Belgium. An emotional president of the French institute of chartered accountants (CSOEC), Philippe Arraou, took to the stage to open the institute’s 71st congress in Brussels, the...
View ArticleDeloitte partners with Apple, as BDO opts for Microsoft
Deloitte and BDO have, days apart, announced their intention to tie-in with tech giants Apple and Microsoft in order to boost their service offering.
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