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Accounting News

acca-global_accounting

ACCA Report

17/12/2014(0)
The way in which companies report the risks they face needs to improve and move away from being too bland, too generic, too wordy and too biased on the ... Read More
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Grant Thornton resigns Quarto audit over conflict of issue and Deloitte duly took over with immediate effect

17/12/2014(0)
DELOITTE has scooped the audit account of international publishing group Quarto from incumbent firm Grant Thornton following a conflict of interest issue. Quarto’s directors announced the move to the ... Read More
ICAEW

ICAEW draws up plans for assurance on banks’ capital

16/12/2014(0)
ICAEW is developing a framework for assurance on bank capital measures in response to increased concern over banks’ capital positions, the institute announced today. The framework is intended to ... Read More
Accounting - Tax

A taxing problem: How traders are playing year end selling

15/12/2014(0)
As the year comes to a close and investors square up their portfolios, many may look to sell out of losing positions for tax purposes. That could mean further ... Read More
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Italian Taxpayers Suffer EUR44bn Due On December 16

15/12/2014(0)
In what it called the “Year-End Tax Day” for Italian taxpayers, CGIA of Mestre, Italy’s association of sole traders and small businesses, noted that, on December 16, they will ... Read More
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Disney and Skype ‘used Luxembourg tax deals’

12/12/2014(0)
Companies including Disney and Skype have allegedly used Luxembourg tax deals, according to fresh leaks published by investigative journalists. The group of firms funnelled hundreds of millions of dollars ... Read More
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Iceland Looks At ‘Exit Tax’ For Foreign Investors

12/12/2014(0)
Iceland appears to be looking to remove its capital controls early in 2015, but would, at the same time, impose an “exit tax” on those foreign investors who have ... Read More
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Wal-Mart used questionable accounting, sales practices in China: report

11/12/2014(0)
Wal-Mart Stores Inc.’s WMT, -0.69% retail business in China has been made to look better than it is, due to “questionable accounting and unauthorized sales practices,” Bloomberg News said ... Read More
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EU Financial Transactions Tax In 2016 ‘Unlikely’

10/12/2014(0)
A group of 11 European Union (EU) countries has failed to reach an agreement on a proposed financial transactions tax before a self-imposed deadline. It is believed that the ... Read More
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Joe Hockey announces profit-shifting tax audit of 10 multinationals

09/12/2014(0)
Australia will consider passing stronger laws against tax avoidance, the treasurer says, as tax office ‘embeds’ staff within companies The Australian Tax Office is auditing 10 multinational corporations and ... Read More
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