The accounting giant PwC is accused of conspiring to cheat a firm of consultants out of at least £75m ($138 million) in a deal with the controversial mining tycoon ... Read More
The Big Four accountancy firms in UK could be broken up following a wave of scandals at companies they audit that has sparked a ‘crisis of confidence’ in the ... Read More
Bruno Le Maire, France’s minister for the economy, has revealed that a plan to levy a special tax on Google, Apple, Facebook, and Amazon will soon be revealed by ... Read More
A quality audit is vital to public confidence in the audit process and its value. However, the key elements of a quality audit can sometimes exist in mutual tension, ... Read More
Government revenues from environmental taxes amounted to €364.4 bn in 2016 in the European Union (EU), compared with €296.5 bn in 2006. Over the same period, the share of ... Read More
The European Commission proposed new rules to give Member States more flexibility to set Value Added Tax (VAT) rates and to create a better tax environment to help SMEs ... Read More
The report shows that Ireland is not a high tax country with total tax receipts as a percentage of GDP the lowest in the EU and the Effective Marginal ... Read More
PCAOB Announces $1.5 Million Settlement with Grant Thornton for Quality Control Violations and Audit Failures. The Public Company Accounting Oversight Board today announced a $1.5 million civil penalty and ... Read More
Two major European companies, oil producer Shell and Barclays bank, say the U.S. tax reform law will force them to take big charges in the last quarter of the ... Read More
Several current and former KPMG partners are facing contempt proceedings in a Hong Kong court, as liquidators for a failed U.S.-listed Chinese company step up their action against the ... Read More
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