European companies reduce the amount of assets due to the uncertainty and geopolitical tense situation in the world where there is growing number of “hot spots”. This is evidenced by the results of a special study conducted by EY international accounting firm.
About half (40%) of accountants, who work in financial services in Europe, consider Great Britain exit from the European Union as rather risky thing. This is evidenced by the results of a survey conducted by ACCA.
The more complicated systems of accounting, the higher risks of fraudulent transactions. This is the main message of the report of the European Agency for the fight against fraud.
Each new generation differs from its predecessors. The study of Deloitte international audit firm opens how to attract and retain young professionals in the field of accounting and auditing considering inherent features of their generation.
International Federation of Accountants (IFAC) conducted a comprehensive study of the needs of small and medium business. 5 060 businessmen from 164 countries were surveyed in the study
The profession of accountants and auditors opens new opportunities due to the digital revolution and rapid technological progress, however extraordinary risks wait for it.
80% of investors operating in Europe said they did not plan to move their business to another region due to Brexit. This is stated in the study of EY international audit firm. However, investors are concerned about the possible consequences of tax, administrative or regulatory nature
London topped the rating of cities according to the number of projects of foreign direct investments (hereinafter - FDI) in 2016. This is stated in the study of EY international audit firm. About 40% of all projects financed through foreign direct investments in Great Britain are accounted for by the city
In 2016 US companies invested in 1 310 projects in Europe, that amounts to 22% of total investment projects. This is stated in the study of EY international audit firm. Number of investment projects of US companies increased by 10% compared to last year.
In 2016 amount of foreign direct investments (hereinafter - FDI) reached a record index in Europe. Thus, 5 845 investment projects were recorded (15% increase). This is stated in the study of EY international audit firm. It was created 259 673 new workplaces due to the FDI inflow (+19%)
It is known that IFRS 13 “Fair Value Measurement” (hereafter − IFRS 13) defines fair value as the price that would be received for selling of an asset or paid for transferring of the obligation in regular transactions between market participants at the measurement date
PwC international audit firm conducted a study which showed that women still earn less than men occupying the same positions.
The European Commission has completed consultations on the reform of value-added tax (hereinafter − VAT) in the European Union.
Organization for Economic Cooperation and Development (OECD) called the Argentine government to implement reforms under which the Argentine business would be strictly liable for the bribery of foreign companies, and citizens of the country, who took or gave bribes abroad, would be prosecuted by law
