Accounting

frc

Investigation announced in respect of Grant Thornton’s audits of Globo plc

21/12/2015(0)
The Financial Reporting Council (FRC) has launched an investigation under the Accountancy Scheme into Grant Thornton UK LLP’s audits of the consolidated financial statements of Globo Plc for the ... Read More
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ACCA: Accountants and Auditors need specific “Whistleblowing” protection

21/12/2015(0)
ACCA welcomes the provisional EU inter-institutional agreement on the protection of trade secrets, but remains concerned about the scope for divergence in implementation by Member States. ACCA believes that ... Read More
vat

EU To Extend Minimum 15 Percent VAT Rate

21/12/2015(0)
The European Commission has proposed that an EU law provision be extended to ensure that member states levy a headline VAT rate of at least 15 percent until December ... Read More
kpmg

KPMG UK announces 2.6% growth in revenues to £1.96bn

18/12/2015(0)
The firm invested almost £200m in acquisitions, property and staff training Tax and audit were the firm’s highest earning services The firm, its partners and employees paid £786m in ... Read More
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Which of Australia’s biggest companies are not paying tax

17/12/2015(0)
Out of 1539 of Australia‘s largest corporate entities, 38 per cent did not pay any tax in 2013-14. Tax Commissioner Chris Jordan has released the tax details of corporate entities with ... Read More
kpmg

KPMG in hot water over HBOS collapse

16/12/2015(0)
The “big four” auditing firm KPMG has found itself under renewed pressure over its role in signing off HBOS’s books in the years before the bank collapsed. The Bank ... Read More
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PwC to hire 500 new staff in 2016 as it prepares for growth

16/12/2015(0)
The Irish arm of international professional services firm PwC has announced plans to hire 500 new staff in 2016 The PwC number is made up of 300 graduate positions ... Read More
toshiba

Japan regulator seeks punishment of Ernst-affiliate over Toshiba audit

15/12/2015(0)
A Japanese regulatory board recommended punishing an Ernst & Young affiliate after its audit of Toshiba Corp failed to spot Japan’s worst accounting scandal in four years. The Certified Public ... Read More
tax-agreement

Cyprus, Ukraine Agree To Replace Temporary DTA

15/12/2015(0)
Cyprus and Ukraine have agreed the text of a double tax agreement that will likely replace their existing pact from January 1, 2019. The deal will newly include a ... Read More
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MP calls for FRC accounting body to investigate KPMG over HBOS

14/12/2015(0)
Britain’s accounting standards watchdog has made a “serious mistake” in refusing to open a formal investigation into accountancy firm KPMG over the way it checked the books of HBOS ... Read More
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