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TA & IAB 2016 conference videos of panel 2 released

The videos of the second panel of The Accountant and International Accounting Bulletin 2016 conference are now public on the magazines’s youtube channel. (click on the speaker's name to watch the video)

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IFAC elects its second president with “in industry” background

Rachel Grimes was elected president of the International Federation of Accountants (IFAC) she takes over Olivia Kirtley for a two-year term effective through November 2018.

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News brief: HLB Sheehan Quinn expands its International Asia desk

Dublin-based HLB Sheehan Quinn will expand its International Asia desk

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News brief: USA SEC appoints new chief accountant

Wesley Bricker, a former partner at PwC, was appointed as the new chief accountant for the USA SEC succeeding James Schnurr.

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Tax Inspectors Without Borders help generate $260m in additional tax...

The Organisation for Economic Co-operation and Development (OECD) said that Tax Inspector Without Borders (TIWB), an initiative run in partnership with the United Nations Development Programme has...

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Young finance professionals aim to start their own business, ACCA survey finds

Young finance professionals (under 36), want to switch to a new job within two years and ultimately want to set up their own business, According to a global survey by the ACCA.

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IFAC SMP Survey to close in a week

IFAC annual SMP survey has received 3,996 responses to date with one week left for further responses.

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UK FRC launch investigation into Grant Thornton UK’s audit of Sports Direct

The UK Financial Reporting Council (FRC) has launched an investigation into Sports Direct’s auditor, Grant Thornton UK, over a transaction between Sports Direct, owned by Mike Ashley, and Barlin...

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Met at the OEC’s Congress: Accountants without borders

Rhuan Gunesh, a member of Accountants Without Borders, explains to Vincent Huck why some French accountants have launched an NGO to help with accounting issues and humanitarian projects in West Africa.

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Belgium concludes transposition of EU audit reform

The Belgian chamber of representatives voted a new law to fully implement the European Union (EU) audit reform, putting an end to the transposition process. The law is effective on 31 December 2016.

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PCAOB sign cooperation agreement with Italian regulator

The Public Company Accounting Oversight Board (PCAOB) and Commissione Nazionale per le Società e la Borsa (CONSOB) have signed a cooperation agreement allowing for joint inspections, in the oversight...

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Audit fees rise in the USA according to survey

Annual audit fees increased by 3.2% in the USA in 2015, according to a survey.

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PwC Legal opens AsiaPac foreign law practice in Singapore

PwC Legal announced it will launch its first Asia Pacific regional foreign law practice, PwC Legal International Pte Ltd, in Singapore.

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Deloitte Brazil first Big Four to admit violating quality control standards...

Deloitte Brazilian member firm, Deloitte Touche Tohmatsu Auditores Independentes, will pay a record $8m civil penalty to settle charges including issuing materially false audit reports and attempting...

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Jacqueline Wolfovski elected chair of BKR International

A French Chartered Accountant and executive committee member of Paris-based Exponens, Jacqueline Wolfovski has been elected as the new chair of BKR International.

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FEE celebrates 30th years anniversary with a rebranding and change in...

The Federation of European Accountants (FEE) has rebranded into Accountancy Europe and welcomed a new president.

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CAQ calls for a robust conversation on non-GAAP financial measures

The Center for Audit Quality (CAQ) said that non-GAAP financial measures can provide useful insights about a company and called on a robust dialogue across the financial reporting supply chain to...

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APM grow in popularity but still lack comparability, Mazars’s study finds

Following the entry into force of the ESMA Guidelines for presenting Alternative Performance Measures (APM) last July, Mazars has conducted a study of their use in the financial information of...

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Companies profits on the rise while corporate tax drops, Oxfam

Over the last 30 years the net profits of the world’s largest companies more than tripled while the corporate tax receipts are falling across the world, according to a report by NGO Oxfam.

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BDO International continues to reap benefits of external growth strategy...

BDO reported global revenue increase of 8% to $7.6bn in the year ending 30 September 2016 on constant of exchange rates.

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