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Accounting

150520-banks-editorial

Banks Get Relief on Accounting Headache

07/01/2016(0)
New treatment to alter lenders’ debt-value adjustments The banking industry’s least-favorite accounting rule is being scrapped. Accounting rule-makers on Tuesday changed a provision that in recent years has resulted ... Read More
PWC logo on building

PwC agreed to pay $55 million to settle claims

07/01/2016(0)
PwC in $55 million settlement with Madoff feeder fund investors PricewaterhouseCoopers agreed to pay $55 million to settle claims it failed to audit properly the books of Fairfield Greenwich ... Read More
Ernst & Young

EY awards US$1m to winners of its global Better begins with you recognition program

05/01/2016(0)
EY has awarded US$1m to the winners of its new global recognition program,Better begins with you, which recognizes EY people who have found inspiring and impactful ways to bring ... Read More
social media

Social media ‘increasingly important’ to accountants

05/01/2016(0)
Social media is becoming more important to accountants in generating new business and raising their profile, according to the Wolters Kluwer 2015 social media survey. Since the survey’s inception in ... Read More
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EU, Ukraine Cut Trade Taxes Through New Free Trade Deal

05/01/2016(0)
On January 1, 2016, the tariff cuts contained in the Deep and Comprehensive Free Trade Area (DCFTA) between the European Union and Ukraine became effective. Welcoming the deal, the ... Read More
HSBC

HSBC escapes action by City regulator following Swiss tax scandal

05/01/2016(0)
Financial Conduct Authority will take no action against bank whose Swiss arm helped clients to evade tax. HSBC will not face formal action from the City regulator following revelations that ... Read More
deloitte's logo on wall

Deloitte CFO Survey: A cautious start to 2016

04/01/2016(0)
Support among CFOs for UK membership of the EU narrows, though majority still favour UK membership Risk appetite shrinks and business confidence falls back to 2012 level CFOs’ balance ... Read More
citigroup-logo

More banks pay no UK tax, Labour wants tougher approach

04/01/2016(0)
Two more investment banks have reported paying zero tax in Britain in 2014, prompting the opposition Labour party to urge the government to reverse a tax change it made ... Read More
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Apple ‘to pay €318m’ to settle Italy tax fraud case

30/12/2015(0)
Apple’s Italian subsidiary has agreed to pay €318m (£235m; $348m) following an investigation into tax fraud allegations, Italy’s tax office says. Italy’s tax authorities say the company failed to ... Read More
deloitte-1

World Tax 2016 has awarded the Deloitte network

30/12/2015(0)
World Tax 2016 has awarded the Deloitte network its best rankings to date, giving a ‘top tier one’ rating to Deloitte member firms in 48 countries including the Deloitte firm in ... Read More
Broker Cyprus TopFX