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Accounting

imf_market_business

IMF Calls For Greater Global Cohesion In Taxation Of Multinationals

30/06/2014(0)
The International Monetary Fund (IMF) released a report on June 25, 2014, which explores the nature and policy implications of cross-border effects from national corporate tax policies. The report, ... Read More
european-central-bank_regulator

EU Set For Tariff Liberalizing Agreements With Eastern Partners

27/06/2014(0)
The European Union (EU) is set to ink new Association Agreements with Georgia, Moldova and Ukraine that will eventually eliminate tariff barriers to trade. The EU will sign the ... Read More
taxes

New tax reliefs complicate the system and offer more opportunities for tax avoidance’ MPs warn

27/06/2014(0)
A committee of MPs has accused the Government of creating more opportunities for tax avoidance by introducing new tax reliefs which cost the country £100billion a year. The Government’s ... Read More
swiss banks

Swiss Lawmakers Revise FATF Bill

27/06/2014(0)
The Swiss National Council has adopted a bill to implement the revised Financial Action Task Force Recommendations, albeit with significant modifications that some lawmakers fear could put Switzerland at ... Read More
HMRC1

Small business bill: HMRC to share VAT data with credit agencies

26/06/2014(0)
Under the guise of increasing access to finance, the government brought forward proposals to make VAT registration data available to third parties in the Small Business, Enterprise and Employment ... Read More
regions financial

Regions Financial to pay $51 mln for alleged accounting misdeed

26/06/2014(0)
Regions Financial Corp, a large U.S. southeast regional bank, agreed to pay $51 million to settle federal and state allegations it failed to account properly for souring commercial loans ... Read More
tax-stamp

Spain To Slash Income Tax Rates

26/06/2014(0)
The Spanish Cabinet on June 20, 2014, approved reductions to corporate and individual income tax rates to boost investment and employment. Under the changes, the corporate tax rate will ... Read More
fasb

FASB Finalizes New Rule on Stock Compensation

25/06/2014(0)
The Financial Accounting Standards Board has finalized new accounting requirements around stock compensation intended to resolve differences in how companies treat awards that have specific performance targets attached. FASB’s ... Read More
accountant

Accountants continue to fail in marketing activities

25/06/2014(0)
Accountancy firms continue to fall short in their marketing activities, with large numbers failing to monitor activities. Research from technology provider Wolters Kluwer found less than a third (29.9%) ... Read More
audit

Rule Field Test Foretells Crunch in Closing the Audit

24/06/2014(0)
Field testing of a proposed expansion of the auditor’s report suggests the new requirements will produce a new crunch in the closing phase of the audit, and auditors will ... Read More
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