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MEPs vote to remove the loopholes used by companies for double tax deduction 28 March, 2017
Members of European Parliament (MEPs) Economic and Monetary Affairs Committee (ECON) have voted amendments to the EU’s anti-tax avoidance directive, to remove loopholes allowing multinationals to avoid paying tax on profits by exploiting differences in tax systems between countries.
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Canadian Securities Administrators assesses climate change related disclosure
Tuesday, March 28, 2017 The Canadian Securities Administrators (CSA) has announced a climate change disclosure review project to assess the current state of climate change disclosure in Canada and internationally. As part of the review, the CSA said it would carry out a consultation with investors and reporting issuers.
Businesses should pay a decent wage suggest ACCA and Living Wage Foundation joint reports
Tuesday, March 28, 2017 Beyond the public expectations for businesses to pay tax and be mindful of the environment, businesses are expected to respect their employees’ rights and needs which include paying a decent wage, according to the ACCA.
News brief: AAT signs Women in Finance Charter
Friday, March 24, 2017 The Association of Accounting Technicians (AAT) in the UK has signed up to the UK HM Treasury’s Women in Finance Charter to encourage gender equality.
News brief, appointment: Former CFO of the Crown Estate appointed chair of ACCA global forum for sustainability
Friday, March 24, 2017 John Lelliott, the former CFO of the Crown Estate, was appointed chair of the ACCA’s global forum for sustainability.
EFRAG seeks to broaden its membership
Thursday, March 23, 2017 The European Financial Reporting Advisory Group (EFRAG) has launched a call for expressions of interest for new member organisations in an effort to broaden its membership and strengthen its understanding of the diversity of European financial reporting opinions.
Carney outlines FSB role in assessing G20 financial reforms
Wednesday, March 22, 2017 The Financial Stability Board’s (FSB’s) chair Mark Carney has sent a letter to G20 finance ministers and the Central Bank governors to warn them against the risk of a loss of momentum in completing and fully implementing essential international standards.
IFAC survey reveals number one challenge for SMPs
Tuesday, March 21, 2017 Accountants around the world in small and medium sized practices are facing increased staffing challenges according to an IFAC Global survey of practitioners operating in small and medium sized practices (SMPs).
Beware of complex accounting areas which can lead to fraud, CAQ report says
Monday, March 20, 2017 The Center for Audit Quality (CAQ) published a report to address the challenges of complex accounting with the aim of halting fraud and reducing the number of restatements.
Delay Making Tax Digital for business, says House of Lords on Finance Bill draft
Friday, March 17, 2017 The House of Lords Economic Affairs Committee has released a report on the draft Finance Bill 2017 which covers the much anticipated subject, Making Tax Digital (MTD) for business.
AAT South Africa to launch capacity building project to tackle unemployment
Friday, March 17, 2017 The Association of Accounting Technicians (AAT) in South Africa has announced it will offer the accounting technician qualification at five Universities of Technology in partnership with The Banking Sector Education and Training Authority (BANKSETA).

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