Accounting

Accounting-for-Insurance-Contract

FRC issues temporary filler for insurance accounting

24/03/2014(0)
THE FRC has issued new accounting and reporting requirements as a potentially temporary fill for a gap for the insurance industry. Financial Reporting Standard (FRS) 103 will be used ... Read More
IRS

IRS Already Received Over Half of Expected Tax Returns

21/03/2014(0)
The Internal Revenue Service said Thursday it has already received more than half of the tax returns it expects to receive during 2014, even though the filing deadline is ... Read More
irs_accounting

IRS Employee Took Home Data on 20,000 Workers at Agency

20/03/2014(0)
A U.S. Internal Revenue Service employee took home a computer thumb drive containing unencrypted data on 20,000 fellow workers, the agency said in a statement today. The tax agency’s ... Read More
budget 2014

Budget 2014: Support for manufacturers and exporters

20/03/2014(0)
Along with savers, business was the chief beneficiary of the Budget with support for manufacturers, exporters and investment THERE can be few complaints from business about what George Osborne ... Read More
accounting

Budget 2014: Practitioners expect revenue-raisers

19/03/2014(0)
TAX PRACTITIONERS expect plenty of revenue-raising activity in today’s Budget, as the chancellor looks to fund spending giveaways for businesses. Capital allowances for major infrastructure projects, announce more support ... Read More
europe_flag

EU approves IASB funding with strings attached

19/03/2014(0)
EUROPEAN POLITICIANS have voted to approve EU funding for the body that oversees the setting of global accounting standards, but with the proviso the funding could be pulled if ... Read More
tax accounting

Multinationals Pay Higher Tax Rates Abroad than in U.S.

18/03/2014(0)
Most U.S.-based multinational corporations paid lower U.S. taxes on their domestic profits than they paid to foreign governments on their foreign profits, according to a recent study. The study, ... Read More
onestopbrokers-Accounting

HMRC ramps up asset seizures to pay VAT bills

18/03/2014(0)
THE AMOUNT of companies that have had assets seized and sold by HM Revenue & Customs in order to settle VAT bills rose significantly during the recession. According to ... Read More
xbrl-convesion-services

‘Small’ Companies May Be Free of XBRL

18/03/2014(0)
A bill with broad bipartisan support would apply to public companies with less than $250 million in revenue. It’s only an early step in the legislative process, but it’s ... Read More
ASIC_regulator

ASIC information sheet on audit quality

17/03/2014(0)
ASIC has released information to help directors and audit committees develop robust standards as part of its commitment to improve audit quality. Information Sheet 196 Audit quality: The role ... Read More
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