Search Results for: World Trade Organisation

Global negotiators continue to chase the dream of an international agreement on trading food and drink products, despite talks having continued, without agreement, since 2001. That was when the World Trade Organisation (WTO) Doha Development Round of talks were launched, with the key goal of revamping the WTO agreement on agriculture, which covers food and drink.…

The use of artificial intelligence (AI) to better detect fraud during audits has been welcomed by anti-fraud professionals, major accounting practices, IT vendors and researchers, but experts also warn that AI needs be used carefully, especially regarding false positives.

An Association of International Certified Professional Accountants blog released in July 2022, cited a Maryland, USA, auditor Samantha Bowling, many of whose clients are non-profits guarding their reputation for probity.…

The public deployment of large language models (LLMs) such as AI chatbot ChatGPT present potential crime risks, particularly for online fraud and cybercrime, as Europol has warned. On the flipside, such systems are bolstering the capabilities of AI to ward off cybercrimes, and to decipher what is real and what may be a deep-fake.…

An ACCA co-hosted conference in Dubai has heard how today, Gulf Cooperation Council (GCC) bloc companies should not view meeting ESG (environmental, social, governance) standards as an optional add-on, which may help marketing, but as a prerequisite for commercial long-term survival.…

A new national mandatory recycling regime announced last November (2022) (1) being introduced by Ireland’s government has local breweries shying away from canned beer formats.

“We wouldn’t consider cans now because the DRS [deposit return scheme] scheme is punitive in its execution,” said Richard Siberry, founder, GM and head brewer of Roscommon-based Black Donkey Brewing, a craft brewer with nationwide sales.…

The European Union’s (EU) new Carbon Border Adjustment Mechanism (CBAM) regulation (1) will challenge importers of greenhouse gas emissions-intensive goods, who must pay and administer a complex environmental levy. KPMG the Netherlands’ senior tax manager Nicole de Jager and tax lawyer Merijn Betjes told Accounting & Business (A&B), affected companies will have to “create a core team to manage this topic and perform an impact assessment,” to determine strategies.…

While all eyes are on headline investments into conversions of major auto plants for EV production, a key sign that this market is maturing is emerging – the growth of used-vehicle sales for the electric transmission segment. Data from US-based industry consultant Cox Automotive released on April 7 said that American used-EV retail sales via licensed dealerships increased 32% in Q1 2023 year-on-year to 42,753 units.…

A new Central University Library of Mali, serving higher education institutions across this Sahel and Sahara country, will house thousands of ancient Islamic texts, including some removed from Timbuktu in 2013, to save them from destruction at the hands of Islamist militants.…

The Philippines’ demand for coatings and paints is leaving the pandemic behind, with London-based market researcher Euromonitor International reporting that home paint retail sales in the Asian archipelago returned to growth in 2021. That year, they recorded Philippines Peso PHP15.4 billion (USD280 million), up from PHP14 billion in 2020 but still lower than the PHP18 billion in pre-pandemic 2019.…

Kenya remains east Africa’s economic powerhouse and its ability to supply and encourage the region’s paint and coatings sector remains strong. Sales in paints, varnishes, pigments and other related coatings are expected to grow by 2.86% annually until 2028, according to insights from Statista (1), a Germany-based provider of market intelligence and business solutions.…