The international standard for Business Continuity – ISO 22301 – has been awarded to ACCA (the Association of Chartered Certified Accountants). ACCA was recently audited by the British Standards ... Read More
New and Revised Standards Establish ‘Step Change’ in Auditor Reporting The International Auditing and Assurance Standards Board® (IAASB®) today released its new and revised Auditor Reporting standards, designed to ... Read More
“The AICPA supports comprehensive tax reform.” These were the words of Troy Lewis, chair of the AICPA’s Tax Executive Committee, in a letter sent to Rep. Paul Ryan, R-Wis., ... Read More
After rising in November, the short-term and mid-term ACI readings both continued their upward trend in December, with the short-term and the long-term readings both both comfortably in positive ... Read More
America’s corporate income tax rate, at 35%, is the highest in the world. A rising chorus would like to bring it more in line with foreign rates, which average ... Read More
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
The International Accounting Standards Board (IASB) today announced the launch of its Investors in Financial Reporting programme. Created with the support of some of the world’s leading asset managers ... Read More
The International Accounting Standards Board (IASB) has published consultation papers on rate regulation and accounting for investments, and updated standards on consolidated financial statements. Rate regulation The IASB discussion ... Read More
The threat of retrospective legislation is “most potentially devastating form of tax uncertainty” Policymakers should clearly communicate the aim of each tax measure to enable taxpayers to understand what ... Read More
Individual retirement accounts were created to help ordinary Americans build a nest egg for later life. But the IRA has also enabled some affluent investors to accumulate multimillion-dollar tax-sheltered ... Read More
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