ACCA warns professional accountants over the risks of cryptocurrencies like bitcoin

ACCA (the Association of Chartered Certified Accountants) has issued a new warning to professional accountants over the importance of maintaining an up-to-date understanding of developments in the fast-moving space ... Read More
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Europe plans special tax for tech giants

Bruno Le Maire, France’s minister for the economy, has revealed that a plan to levy a special tax on Google, Apple, Facebook, and Amazon will soon be revealed by ... Read More

ACCA: What features a quality audit should possess

A quality audit is vital to public confidence in the audit process and its value. However, the key elements of a quality audit can sometimes exist in mutual tension, ... Read More
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The countries with the highest and lowest environmental taxes in Europe

Government revenues from environmental taxes amounted to €364.4 bn in 2016 in the European Union (EU), compared with €296.5 bn in 2006. Over the same period, the share of ... Read More

European Commission proposed new rules for more flexibility on VAT rates

The European Commission proposed new rules to give Member States more flexibility to set Value Added Tax (VAT) rates and to create a better tax environment to help SMEs ... Read More
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Taxation highs and low identified in EU report on policy

The report shows that Ireland is not a high tax country with total tax receipts as a percentage of GDP the lowest in the EU and the Effective Marginal ... Read More

Grant Thornton fined $1.5 Million

PCAOB Announces $1.5 Million Settlement with Grant Thornton for Quality Control Violations and Audit Failures. The Public Company Accounting Oversight Board today announced a $1.5 million civil penalty and ... Read More
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Shell, Barclays say US tax plan means billions in 4Q charges

Two major European companies, oil producer Shell and Barclays bank, say the U.S. tax reform law will force them to take big charges in the last quarter of the ... Read More

Several current and former KPMG partners face court contempt

Several current and former KPMG partners are facing contempt proceedings in a Hong Kong court, as liquidators for a failed U.S.-listed Chinese company step up their action against the ... Read More

BDO’s Global Revenues Pass US$8 Billion

BDO announced its global financial results for the year ended 30 September 2017, a total combined fee income* of US$ 8.1 billion / € 7.4 billion, representing a year ... Read More
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