Accounting

luxembourg leaks

Luxembourg Agrees to Share Details of Corporate Tax Deals

19/12/2014(0)
Luxembourg agreed Thursday to share with the European Commission information on tax deals secured by multinational companies with operations in the small nation. Xavier Bettel, Luxembourg’s prime minister, said ... Read More
kpmg

KPMG pre-tax profits dip 9% as tax regulation bites

19/12/2014(0)
KPMG has reported a 5% growth in revenues but pre-tax profits fell as the firm made a series of investments in new business lines, while its tax practice felt ... Read More
tax post

All EU member states told to release tax ruling information

18/12/2014(0)
All EU member states have now been drawn into the European Commission’s investigation into the use of tax rulings to offer preferential tax treatment to multinationals The Commission has ... Read More
audit

Hong Kong-based audit firm and two accountants charged by SEC

18/12/2014(0)
The Securities and Exchange Commission imposed sanctions against a Hong Kong-based audit firm and two accountants for failing to properly audit year-end financial statements of a company that the SEC ... Read More
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Accounting fraud

17/12/2014(0)
Global Economic Crime Survey 2014 Financial statements are a fundamental barometer of a business — and a traditional starting point for analyses relating to credit decisions, contract awards, and ... Read More
acca-global_accounting

ACCA Report

17/12/2014(0)
The way in which companies report the risks they face needs to improve and move away from being too bland, too generic, too wordy and too biased on the ... Read More
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Grant Thornton resigns Quarto audit over conflict of issue and Deloitte duly took over with immediate effect

17/12/2014(0)
DELOITTE has scooped the audit account of international publishing group Quarto from incumbent firm Grant Thornton following a conflict of interest issue. Quarto’s directors announced the move to the ... Read More
ICAEW

ICAEW draws up plans for assurance on banks’ capital

16/12/2014(0)
ICAEW is developing a framework for assurance on bank capital measures in response to increased concern over banks’ capital positions, the institute announced today. The framework is intended to ... Read More
Accounting - Tax

A taxing problem: How traders are playing year end selling

15/12/2014(0)
As the year comes to a close and investors square up their portfolios, many may look to sell out of losing positions for tax purposes. That could mean further ... Read More
Italian flag

Italian Taxpayers Suffer EUR44bn Due On December 16

15/12/2014(0)
In what it called the “Year-End Tax Day” for Italian taxpayers, CGIA of Mestre, Italy’s association of sole traders and small businesses, noted that, on December 16, they will ... Read More
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