Before the Budget, Speaker of the Commons Sir Lindsay Hoyle criticised the Chancellor for her readiness to chat to the media and openly disclose the contents of her Budget. Yet, despite the leaks, ...
The European Union has made a significant stride in its ongoing efforts to modernise its value-added tax (VAT) system, with the European Council recently agreeing on a comprehensive legislative ...
The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) that mandates new expense ...
KPMG has announced a reduction of approximately 330 positions from its US audit practice, representing nearly 4% of its 9,000 ...
Intangible assets play a key role in a company’s success, yet their true value often goes unnoticed due to the traditional focus on fixed assets in business valuation models and reporting. Peter ...
In a significant reversal, the Second U.S. Circuit Court of Appeals has revived a lawsuit from investors alleging that BDO USA provided substandard auditing services in its review of AmTrust Financial ...
The UK Autumn Budget of 2024 has sharpened the focus on reducing the tax gap by amplifying both financial pressure on overdue tax payments and enforcement mechanisms. This double-edged approach, ...
The UK government’s Autumn Budget 2024 has placed a strong emphasis on sustainability, with significant funds directed towards green investment initiatives and energy efficiency. For businesses, ...
In the latest Autumn Budget, the UK government doubled down on its commitment to digitalising tax processes, announcing that Making Tax Digital for Income Tax Self Assessment (MTD ITSA) will extend to ...
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