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Accounting Standards

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FASB issues an Accounting Standards Update

29/02/2016(0)
FASB issues new Quidance on Lease Accounting The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) intended to improve financial reporting about leasing transactions. The ASU affects ... Read More
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European Commission presents new measures against corporate tax avoidance

29/01/2016(0)
European Commission has issued a press release to inform on a proposal for Fair Taxation. As stated, proposals aim for a coordinated EU wide response to corporate tax avoidance, ... 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
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European Union Publishes the 2015 Report for Taxation trends in the European Union

07/12/2015(0)
The European Commission has released a new version of its Taxation Trends in the European Union report. This report contains a detailed statistical and economic analysis of the tax ... Read More
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British Accountancy Awards 2015: The winners

26/11/2015(0)
A packed house at the Brewery celebrated the best of the profession at the British Accountancy Awards. Nearly 700 guests attended the awards, with regional and national firms recognised ... Read More
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Number of accountants increased after financial crisis

27/10/2015(0)
In the four years following the financial crisis, membership growth of global professional accounting organizations far outpaced all employment growth in most regions worldwide. According to a new report ... Read More
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IRS Extends FATCA IGA Compliance Deadline

26/10/2015(0)
Within its Notice 2015-66, the Internal Revenue Service (IRS) has provided for a delay to the provision of information under Model 1 Foreign Account Tax Compliance Act (FATCA) intergovernmental ... Read More
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1 in 4 companies say they won’t meet BEPS deadline

08/10/2015(0)
One quarter of corporate executives, tax and transfer pricing directors have said their companies won’t meet the Base Erosion and Profit shifting deadlines, according to a Thomson Reuters survey. ... Read More
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Global Demands on Financial Services Auditing Expand

17/09/2015(0)
New report examines potential pitfalls, prospects, solutions to managing growth Demands on internal audit are growing faster than ever as management, regulators, and stakeholders increasingly turn to the profession ... Read More
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