Search Results for: accountancy
10 results out of 301 results found for 'accountancy'.
EU ACCOUNTING AND TAXATION LEGISLATION MAY NOT APPLY IN BRITAIN AS PM MAY SAYS ‘BREXIT MEANS BREXIT’
With new UK Prime Minister Theresa May apparently determined to fulfill the wishes of the 52%/48% Brexit referendum result backing Britain leaving the European Union (EU), what EU accounting and taxation laws will ultimately remain on the British statute? The PM has made it clear she recognises that a key force behind the ‘leave’ vote was a dislike of unrestricted EU immigration into Britain, and should she satisfy that demand, the prospect of the UK becoming a non-EU member of the European Economic Area (EEA) will become most unlikely.…
NEW AUDIT RULES COULD DRIVE SMALL ACCOUNTING FIRMS OUT
Small accounting firms could be driven out of Europe’s auditing market by new European Union (EU) audit rules that came into force on June 17 experts warned a joint European Confederation of Directors Associations (ecoDa) – PricewaterhouseCoopers (PwC) conference. Entitled ‘Audit committees at the heart of the Audit Reform’, the Brussels meeting examined the impact of EU directive 2014/56/EU on statutory audits – the law is designed to prevent conflicts of interest between auditors and their clients.…
ETHICAL FASHION COMPANIES NEED SMART FINANCIAL MODELS
THE BUSINESS model of the fashion industry has long been that of low prices, low manufacturing wages, quick production, and just as quick obsolescence. In that respect, it seems as far removed as any industry from sustainability.
Yet, increasingly, ethical brands are emerging.…
MYANMAR’S NASCENT ACCOUNTANCY PROFESSION SET FOR STANDARDS BOOST
MYANMAR, the world’s newest democracy, is taking steps to improve its financial reporting. Its reforms are new – as befits a country that saw its first and only stock exchange – the Myanmar Securities Exchange Centre (MSEC) – open on March 25.…
EU ANTI-FRAUD CHIEF SEEKS CLOSER TIES WITH ACCOUNTANTS
THE DIRECTOR general of the European Union (EU) anti-fraud office OLAF has stressed that his agency needs closer ties with accountants. In an interview with Accounting & Business a day before the agency released its latest annual report (on May 31), Giovanni Kessler stressed that accountants working inside and outside institutions were ideally qualified to help sniff out fraud.…
MOAZAM A. SHAH - AWARD WINNING CFO WITH GLOBAL EXPERIENCE ALWAYS SEEKS NEW CHALLENGES
It gets exceedingly hot in Riyadh in the summer, with the mercury rarely below 40 degrees Celsius, but that does not deter Moazam Shah from going for his evening run around the residential compound he lives in with his family.
After six years in the Kingdom of Saudi Arabia, Pakistani national Shah has acclimatised to exercising in extreme heat: “It’s a time for myself, to catch up on my thoughts,” he told Accounting & Business at the Ritz-Carlton Hotel in Manama, Bahrain.…
DIVERSITY OF ROLES GROWS WITHIN ANTI-FRAUD PROFESSION AND HEALTHY SALARIES ARE INCREASINGLY AVAILABLE
Fraud investigation has come a long way since the days when police launched dawn raids on suspect premises, driving criminals to flush away paper evidence down the toilet. We have technology to thank for that.
Advances in information handling have radically changed the ways in which big companies guard their financial records and the methods used by fraudsters to overcome them. …
DIVERSITY OF ROLES GROWS WITHIN ANTI-FRAUD PROFESSION AND HEALTHY SALARIES ARE INCREASINGLY AVAILABLE
Fraud investigation has come a long way since the days when police launched dawn raids on suspect premises, driving criminals to flush away paper evidence down the toilet. We have technology to thank for that.
Advances in information handling have radically changed the ways in which big companies guard their financial records and the methods used by fraudsters to overcome them. …
ACCOUNTANTS PEER INTO THE UNKNOWN ON FUTURE TAX POLICY, AS BREXIT VOTE LOOMS
ACCOUNTANTS are starting to tangle with the knotty question of whether to support Britain remaining in or quitting the European Union (EU) after the scheduled in-out referendum on June 23. While many UK captains of industry and business have publicly called for Britain to stay in, citing the advantages of freely accessing the EU’s 503 million person market and its trained labour pool, the question for accountants is not that simple.…
ACCOUNTING & BUSINESS – ASIA – MALAYSIA CAPITAL MARKETS TO BOOST CYBER-SECURITY
CAPITAL markets and their traders within Malaysia may be forced to forge defences against cyber-crime amidst growing concern that hackers could damage the country’s financial services. The Securities Commission Malaysia (SC) is seeking comments from accountants and other financial specialists about planned regulations saying capital market participants should have cyber-security programmes and policies, including contingency plans for dealing with associated risks.…