Amazon building

Amazon Just Won a $1.5 Billion Tax Fight

24/03/2017(0) on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert ... Read More

PwC settle $3 billion suit by MF global

The trial between bankrupt brokerage MF Global, run by former New Jersey Gov. Jon Corzine, and its former accounting firm, PwC, came to an unceremonious end on Thursday, with ... Read More

How accountants can embrace Artificial intelligence; the next big think

Artificial intelligence (AI) is intelligence exhibited by machines. It is a field with a long history but currently is actively growing with applications in many industries and sectors. Google ... Read More

Former lead partner of PwC Brazil fined for Audit failures

The Public Company Accounting Oversight Board (PCAOB) today announced sanctions against a former partner of PricewaterhouseCoopers Auditores Independentes in Brazil for audit failures and violations of PCAOB rules and ... Read More

UBS to face trial in France over tax fraud charges

Swiss banking giant UBS will go on trial in France for establishing a wide-ranging tax fraud scheme worth billions of euros, according to legal sources. UBS will be charged ... Read More

Accountants in small and midsize practices around the world face staffing and tech challenges

Accountants working in small- and medium-sized practices (SMPs) around the world are facing heightened staffing challenges, according to the latest IFAC Global SMP Survey results. While attracting new clients, ... Read More

PwC’s Takeover of ‘The World’s Best Tax Law Firm’

In a move that illustrates how the professional services market is changing, about half of General Electric’s tax department — once described as as ‘the world’s best tax law firm’ ... Read More
The HSBC headquarters is seen in the Canary Wharf financial district in east London

British HSBC chief faces probe into tax affairs

The boss of Britain’s biggest bank is facing a probe over his tax affairs after insisting his main home is in Hong Kong. HSBC chief exec Stuart Gulliver, 58, ... Read More
MF Global Chairman Jon Corzine

Judge rejects PwC’s request For mistrial In MF Global case

In an unsurprising move, the judge overseeing bankrupt commodities broker MF Global’s $3 billion suit against PwC rejected the accounting firm’s request for a mistrial, saying PwC’s lawyers can ... Read More

ACCA’s help on find the right Accountant

Online ‘Find an Accountant’ resource helps locate the right professional with the right skills April 2017 sees the introduction of new business and tax regulations in the UK – ... Read More
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