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Hodge delivers fresh attack on tax avoidance

February 12th, 2015 (0)
Professional tax advisers heard some tough talking from Margaret Hodge MP, chair of the Public Accounts Committee, when she spoke at an ICAS Business Insights event in London on 10 February. The Labour MP for Barking said: “There are too many ...

Asia stocks, euro fall as Greek uncertainty saps confidence

February 12th, 2015 (0)
Asian stocks and the euro fell on Thursday as markets erred on the side of caution over the ongoing Greek debt negotiations amid conflicting headlines on progress in the talks. The uncertainty is expected to be highlighted in a ...

OPEC Producers Cut Oil Prices to Asia in Battle for Market Share

February 11th, 2015 (0)
Iraq and Iran joined Saudi Arabia in cutting their March crude prices for Asia to the lowest level in more than a decade, signaling the battle for a share of OPEC’s largest market is intensifying. Iraq’s Basrah Light crude ...

Deloitte: New leadership announcement

February 10th, 2015 (0)
Deloitte LLP elects first female CEO of a major US professional services firm, Cathy Engelbert; Mike Fucci elected Chairman of the Board Cathy Engelbert has been elected to chief executive officer of Deloitte LLP, becoming the first female CEO of ...

SEC Imposes Sanctions Against China-Based Members of Big Four Accounting Networks for Refusing to Produce Documents

February 9th, 2015 (0)
The Securities and Exchange Commission today imposed sanctions against four China-based accounting firms that had refused to turn over documents related to investigations of potential fraud. The China-based firms are members of large international networks associated with the “Big ...

Twitter earnings beat expectations as revenue grows

February 6th, 2015 (0)
Twitter reported a net loss of $125m (£82m) in the fourth-quarter, beating analyst expectations. It also said revenue grew faster than expected, increasing by 95% to $479m during the October to December period. Total monthly active users were 288 ...

UK watchdog hands KPMG fines totalling £390,000

February 4th, 2015 (0)
The UK accountancy watchdog said on Tuesday it had fined KPMG a total of £390,000 for putting commercial considerations above ethical standards for auditors in two separate cases of misconduct that stretch back to 2010 and 2011. In the ...

ACCA awarded ISO 22301

February 4th, 2015 (0)
The international standard for Business Continuity – ISO 22301 – has been awarded to ACCA (the Association of Chartered Certified Accountants). ACCA was recently audited by the British Standards Institute, on three separate occasions over a total period of ...

Google Is Developing Its Own Uber Competitor

February 3rd, 2015 (0)
The two companies are going to war over self-driving taxis. Uber faces an ever-growing cast of adversaries that includes dubious regulators, litigious drivers, hostile members of the press, and somewell-funded rivals. But the most significant threat to the app-based transportation company may be ...

Alstom Gets Break on Fine

February 2nd, 2015 (0)
Court Granted Delay in $772 Million Payment Because of Possible Business Impact When the U.S. Justice Department announced a record $772 million foreign-bribery settlement with Alstom SA in December, there was a hitch: The French engineering company couldn’t pay ...
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