Search Results for: accountancy

While Africa can be a tough place to work, it offers key opportunities for skilled financial professionals who can develop an understanding of how African business operates. Susanne Swaniker-Tettey, chief financial officer at Okavango Diamond Company Pty Ltd, is one such specialist.…

As farms and agricultural organisations face changing accounting demands from legislatures and financial institutions around the world, accountants face greater pressures to develop specialised agricultural knowledge.

Indeed, accounting services provided to the farming industry within the European Union (EU) are becoming increasingly important, notably because of reforms to the EU Common Agricultural Policy (CAP), experts have told Accounting & Business.…

With less than one-and-a-half years until the Association of Southeast Asian Nations (ASEAN) creates its own European Union (EU)-style single market, the bloc is about to sign off on a ‘mutual recognition arrangement’ (MRA) on accountancy services. This is designed to help the mobility of accounting professionals wanting to work across the 10 member states, and all their governments bar the Philippines (expected to sign in October) have now signed up.…

THE EUROPEAN Commission has amended European Union (EU) rules on establishing a network for collecting accountancy data on farm incomes and businesses, used to assess grants and subsidies. The changes include new rules for selecting statistically representative holdings; fixing reference periods and methods for classifying farms; and how to collect and group accountancy data.…

THE HONG Kong Institute of Certified Public Accountants (HKICPA) has welcomed the launch by the Hong Kong government of proposals to reform the special administrative region’s regulatory regime for auditors of listed companies and other organisations.

There will be three months of consultation (ending September 20) on the proposals whose goal is enhancing the independence of Hong Kong’s audit regulators.…

ACCOUNTING firms auditing overseas-listed Chinese companies are keeping a close eye on a draft regulation released by China’s finance ministry on April 29 which would restrict the roles that foreign auditors can play in this work.

This ‘Accounting Firms Cross-border Auditing Service Temporary Regulation’ would prevent accounting firms registered outside mainland China from carrying out au­dits alone for Chinese overseas-listed enterprises, in­cluding overseas listed enterprises with operat­ions in China.…

There are fewer than 1,000 certified accountants in Afghanistan, of which less than 200 are Afghanistan in a country of 29.82 million says the American University of Afghanistan (AUAF), and there are no national accounting regulations. More than 30 years of conflict has left the country’s economy in shambles, and with foreign troops being withdrawn by 2016, developing the accountancy sector and its domestic regulations is a priority to underpin sustainable growth.…

WHEN the Trinidad & Tobago government in 2003 decided to close down much of the Caribbean country’s 300-year old sugar cane industry, it was described by detractors as one of the most politically ambitious moves in the history of the twin-island republic.…

These are testing times for everyone in Ukraine: a revolution followed by the annexation of Crimea by Russia; pro-Russian separatists stoking unrest and grabbing government buildings in eastern Ukraine; and worries of a full-scale invasion. Just as pertinently, these hugely destabilising political upheavals have merely added to the existing turmoil of a state plagued for decades by corruption and low living standards.…

These are testing times for everyone in Ukraine: a revolution followed by the annexation of Crimea by Russia; pro-Russian separatists stoking unrest and grabbing government buildings in eastern Ukraine; and worries of a full-scale invasion. Just as pertinently, these hugely destabilising political upheavals have merely added to the existing turmoil of a state plagued for decades by corruption and low living standards.…