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Firms unite to provide better access to accountancy qualifications
April 3rd, 2014
THE PROFESSION has united to create a unified approach aimed at helping students from disadvantaged backgrounds obtain accountancy qualifications. The scheme, Access Accountancy was formally launched today at an inner city girls secondary school, based in Islington, London. Firms ...
US Senator: Coal Boss Has ‘Blood on His Hands’
April 3rd, 2014
Four years into the criminal investigation of the nation’s worst mining disaster in decades, federal officials told ABC News that prosecutors are now focused on the role of West Virginia coal boss Donald L. Blankenship. “I believe this permeated ...
Credit Suisse Restates Fourth-Quarter Loss on U.S. Tax Provision
April 3rd, 2014
Credit Suisse Group (CSGN) AG, the second-biggest Swiss bank, restated its fourth-quarter loss after taking additional provisions related to the U.S. probe into whether the bank helped Americans evade taxes. The net loss amounted to 476 million Swiss francs ...
CySec: regarding the ASPs obligations for preparing and filing annual/monthly reports and accounts
April 3rd, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority has announced the following regarding the ASPs obligations for preparing and filing annual/monthly reports and accounts: 1. Pursuant to article 11(1)(c) of the Law regulating Companies providing Administrative ...
Sheryl Sandberg slashes Facebook holdings
April 2nd, 2014
Sheryl Sandberg, Facebook’s number two executive, has shed more than half her stake in the social networking company since its initial public offering less than two years ago, according to an analysis of recent regulatory filings. The series of ...
R&D Tax Credit Can Help High-Growth Companies
April 2nd, 2014
As a company grows, execs should be aware that changes in the firm’s legal structure can affect its R&D credit. In 2010, U.S. businesses reported research and development tax credits exceeding $8.5 billion. Therefore, it’s not surprising that a ...
Ukraine crisis: NATO suspends cooperation with Moscow
April 2nd, 2014
NATO will suspend “all practical civilian and military cooperation” with Russia because of its annexation of Crimea, saying it has seen no sign that Moscow was withdrawing troops from the Ukrainian border. Foreign ministers from the 28 members of ...
Financial Conduct Authority to investigate how firms deal with risk benchmark manipulation
March 31st, 2014
The Financial Conduct Authority (FCA) has announced plans to look into how firms can reduce the risk of traders manipulating key benchmarks as a central part of its Business Plan for 2014/15, which was published today. The forward-looking thematic ...
FCA to investigate how firms deal with risk benchmark manipulation
March 31st, 2014
The Financial Conduct Authority (FCA) has announced plans to look into how firms can reduce the risk of traders manipulating key benchmarks as a central part of its Business Plan for 2014/15, which was published today. The forward-looking thematic ...
Dashed Ikea Dreams Show Decades Lost to Bribery in Ukraine
March 31st, 2014
Almost half of Ukrainians say they desire Ikea products more than any other global brand, yet the largest home-furnishings retailer hasn’t been able to crack the market in a decade of trying. The reason: it won’t pay a bribe. ...