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Search Results for: accountancy

10 results out of 270 results found for 'accountancy'.

INDIA’S NEW GST COMES UNDER FIRE BY CRITICS

INDIA’S new Goods and Services Tax (GST) – designed to overhaul, modernise and harmonise the country’s indirect taxation – has been the focus of bitter criticism, over its chaotic and haphazard introduction and implementation.

Since its formal launch last July (2017), “changes have been made continually, and hence businesses found it difficult to keep pace,” says Mahadevan Subra Mani, senior director, Deloitte India, in Mumbai.…

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IRISH EXPORTERS LOOK TO CIRCUMNAVIGATE BREXIT TRADE TAXES

The prospect of significant hikes in taxes and administrative red tape on Irish exports and imports travelling through the UK to and from the rest of Europe once Britain leaves the European Union (EU), has prompted Irish exporters to seek more options for direct maritime trade.…

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WILL BREXIT LOOSEN UK AML CONTROLS? EXPERTS ARE DIVIDED

WILL Brexit increase money laundering through the UK, or will the British government’s October 2017 Sanctions and Anti-Money Laundering Bill (SAMLB) and the UK money laundering regulations 2017 adequately replace the European Union’s (EU) anti-money laundering directives (AMLD)?

British Labour member of the European Parliament (MEP) Claude Moraes has his doubts.…

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INTERNATIONAL TECHNICAL ROUND UP - EU TO FORCE INTERMEDIARIES TO REPORT TAX AVOIDANCE

*A newly approved European Union (EU) directive on transparency requirements for tax intermediaries will insist that accountants designing or promoting aggressive tax planning schemes report them to national tax authorities. The requirements, approved by the EU Council of Ministers, apply from July 1, 2020, and member states will have to fine intermediaries, including lawyers and bankers, that fail to report.…

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WILL ROBOTS BE THE TAX CLIENT BASE OF THE FUTURE FOR GO-AHEAD ACCOUNTING FIRMS?

RENÉ Descartes may have said ‘I think, therefore I am’, to judge if he was human. But when deciding whether a robot is an autonomous being, the real test may be whether it pays tax. As regulators, business leaders and philosophers ponder the impact of robots with artificial intelligence (AI) that choose actions, learn from their environment, and perform tasks better and faster than their flesh and blood developers, the question of their fiscal responsibility is becoming serious.…

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ACCA-QUALIFIED CARIBBEAN AIRLINE BOSS STEERS HER COMPANY TOWARDS RECOVERY FROM MAJOR HURRICANE LOSSES

RUNNING a complex international air travel business that recovering from 2017’s devastating hurricane season, Caribbean airline boss Julie Reifer-Jones is having to draw on her near three decades’ experience in senior financial management.

Immaculately presented, in killer heels, Reifer-Jones FCCA is not just the first female CEO of Antigua-based airline LIAT, she is the only female CEO of any airline in the Caribbean.…

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MORE CREATIVE SKILLS REQUIRED TO ENSURE BEST POSSIBLE LABOUR OPPORTUNITIES IN ASEAN REGION

THE MEMBER countries of the Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) need to expand the remit of current skillsets identified in the grouping’s blueprint to ensure greater labour mobility during the fourth industrial revolution, according to a leading economist in the region.…

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JIGNESH SANGHVI – AWARD WINNING GOVERNMENT CFO OF THE UAE’S LARGEST FREE ZONE

IT is a spectacular sight from the top of Dubai’s 68-storey Almas Tower, with the sea on one side and the massive development of Jumeirah Lake Towers (JLT) on the other. For Jignesh Sanghvi, chief financial officer of the Dubai Multi Commodities Centre (DMCC), the panoramic views from the skyscraper are a constant reminder of the magnitude of development the government-sponsored free zone has witnessed over the years.…

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WHEN ACCOUNTANTS BECOME VENTURE CAPITALISTS

DUBLIN-based accountancy firm BDO is planning to start a new EUR100 million investment fund to assist fast expanding mid-sized Irish companies in unlocking further growth opportunities. This will be the successor fund to an already existing BDO Development Capital Fund (DCF) worth EUR75 million.…

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CARIBBEAN ACCOUNTING BOSS TO PROMOTE CHANGE IN PROFESSION - ADDING VALUE NOT JUST CRUNCHING NUMERS

TRINIDADIAN accountant Anthony Pierre is clear that his major brief as the new president of the Institute of Chartered Accountants of the Caribbean (ICAC) is to help build a cadre of “future-ready” professionals willing to cooperate across national borders within the region and be guided by international best practice.…

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