Search Results for: Climate change

THE HIGHLY diverse and emerging markets of the Middle East, North Africa, and South Asia (MENASA) face major challenges in bringing financial services, accounting and auditing up to international standards. They are often lacking qualified professionals and sometimes overly reliant on expatriate expertise.…

EVERYTHING about Aneal Maharaj smacks of the immaculate. From his finely-tailored business suit to his Toastmaster style enunciation, to the belief that “sweating the small stuff” is an indispensable attribute of any successful business executive, there is an obvious attention to precision which betrays a professional outlook staked on getting the equations right.…

THE EUROPEAN Union (EU) should maintain its current implementation of International Financial Reporting Standards (IFRS) through EU law, and seek broader agreement between national and European interests when seeking to influence incoming IFRS standards, EU finance ministers have been advised.

The EU is currently reviewing how it interacts with IFRS and Philippe Maystadt, former Belgian finance minister and former president of the European Investment Bank (EIB) has been charged by the European Commission with looking at how the EU adopts IFRS standards and recommend ways to improve them.…

ZHU Jiandi and Gu Wenxian could be the two most travelled accountants in China. The frequent flying duo – chairman and managing director, respectively, at BDO China Shu Lun Pan – were in the southwesterly megalopolis of Chongqing recently to rally local staff to a company goal of making the office a bridgehead for expansion throughout the southwest and west of China.…

REGULATORY change, shifting security risks, technical advances and airport operational requirements present a complex landscape for developing passenger and cabin luggage screening.

For example, the European Civil Aviation Conference’s (ECAC) detection standard 1 is the prevailing regime but the ECAC standard 2 becomes mandatory for European Union (EU) airports after 2019.…

THE AGREEMENT by the World Trade Organisation (WTO) to reduce import-export red tape may lead to a seismic shift in the global automotive sector, an industry expert has told wardsauto.

Peter Cooke, the emeritus professor of automotive management at Britain’s University of Buckingham, said that major emerging markets without a substantial auto sector may create capacity because of the deal.…

THE EXPLOITATION of virtual currencies such as Bitcoin, Litecoin, Peercoin and Namecoin, to name but a few, by money launderers is an emerging concern amongst anti-money laundering (AML) regulators. They may not be legal tender, but they are convertible if owners can find institutions or people willing to turn them into fiat currency.…

WHILE the European Union’s (EU) ban on sales of cosmetics with ingredients tested on animals was imposed as recently as March 2013, its impact has been felt as far away as east Asia.

Japan’s cosmetics firms, for instance, prepared well in advance for the change in legislation.…

PERSONALISED medicines offer the chance of tailoring treatments for the age, gender and genetic make-up of patients. And while this offers the chance of better care and the minimizing of side-effects, the use of such medicines have obvious management demands, especially for nurses.…

AN INTERNATIONAL higher education conference has underlined the major progress made in building links between the universities of neighbouring countries in Latin America. But it also highlighted the significant remaining challenges facing Latin American higher education if it wants to be truly integrated with tertiary institutions worldwide.…