When you first bring a newborn home from the hospital and want reassurance the baby is doing ok, you’ll probably listen periodically for breathing sounds. It’s unlikely that you’ll ... Read More
Italy’s financial police on Tuesday said they had broken up a ring of companies they believe used false accounting to defraud the state out of 1.7 billion euros ($2.2 ... Read More
Switzerland and member states of the European Union (EU) have signed a joint statement that reaffirms Switzerland’s commitment to abolish contested corporation tax regimes and EU member states’ pledge ... Read More
Regulations introducing a graduated scale for recovery of tax and tax credit debts through a taxpayer’s PAYE code have been laid before Parliament. The measures, introduced following consultation, will ... Read More
A new international accounting standard, IFRS 9, will set as requirement that banks should set aside more money in order to protect against losses from customers who can’t repay ... Read More
Summarize of the key measures in Finance Act 2014, Andrew Goodall sets out the main corporation tax and capital gains tax provisions in part one of the act. Corporation ... Read More
The Organisation for Economic Cooperation and Development (OECD) on July 21, 2014, released its new global Standard for Automatic Exchange of Financial Account Information in Tax Matters, hailing the ... Read More
FATCA was implemented worldwide at the beginning of this month, but the impact (and costs) are only now just beginning to filter through to the financial services community. Part ... Read More
An effective relationship between the audit committee and internal auditors is fundamental to the success of the internal audit function. It has become increasingly important for audit committees to ... Read More
In implementing the New European Accounting Directive, the Member States have choices which give them the chance to improve accounting in their country and those choices should be more ... Read More
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