<?xml version="1.0" encoding="utf-8"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title><![CDATA[Accountancy - Newslocker]]></title><link>https://www.newslocker.com/en-us/profession/accountancy/</link><atom:link rel="self" href="https://www.newslocker.com/en-us/profession/accountancy/rss/1000/" /><atom:link rel="hub" href="http://pubsubhubbub.appspot.com" /><description><![CDATA[Find your latest Accountancy news with just one click. Don't miss out on anything happening in your profession!]]></description><language>en-us</language><copyright>Copyright (C) 2026 newslocker.com</copyright><lastBuildDate>Fri, 27 Mar 2026 01:11:00 +0100</lastBuildDate><item><title><![CDATA[Italy Says It Recovered $23 Million Stolen From Ursula Andress, First ‘Bond Girl’]]></title><description><![CDATA[The Swiss actress Ursula Andress, whose breakthrough came in &ldquo;Dr. No&rdquo; in 1962, accused a former wealth manager of embezzlement. He died in an apparent suicide last year.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/italy-says-it-recovered-23-million-stolen-from-ursula-andress-first-bond-girl/</link><pubDate>Fri, 27 Mar 2026 01:11:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/italy-says-it-recovered-23-million-stolen-from-ursula-andress-first-bond-girl/</guid></item><item><title><![CDATA[How Daily Money Managers Help Busy People With Their Finances]]></title><description><![CDATA[Daily money managers generally help older adults and the wealthy, but busy professionals are increasingly using their services when they get behind.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/how-daily-money-managers-help-busy-people-with-their-finances/</link><pubDate>Wed, 25 Mar 2026 10:01:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/how-daily-money-managers-help-busy-people-with-their-finances/</guid></item><item><title><![CDATA[Rich New Yorkers Threaten to Leave. Then They Find Out How Hard That Is.]]></title><description><![CDATA[Tax accountants and lawyers detail the arduous process wealthy New Yorkers would have to face to avoid paying New York State and city taxes.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/rich-new-yorkers-threaten-to-leave-then-they-find-out-how-hard-that-is/</link><pubDate>Fri, 05 Dec 2025 21:20:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/rich-new-yorkers-threaten-to-leave-then-they-find-out-how-hard-that-is/</guid></item><item><title><![CDATA[Rich New Yorkers Are Again Threatening to Leave. Here’s Why They Don’t.]]></title><description><![CDATA[Tax accountants and lawyers detail the arduous process wealthy New Yorkers would have to face to avoid paying New York State and city taxes.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/rich-new-yorkers-are-again-threatening-to-leave-heres-why-they-dont/</link><pubDate>Fri, 05 Dec 2025 09:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/rich-new-yorkers-are-again-threatening-to-leave-heres-why-they-dont/</guid></item><item><title><![CDATA[OpenAI Takes Stake in Thrive Holdings, a Buyer of Services Firms]]></title><description><![CDATA[The move by the parent company of ChatGPT is meant to help imbue Thrive Holdings&rsquo; accounting and I.T. services companies with artificial intelligence tools.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/openai-takes-stake-in-thrive-holdings-a-buyer-of-services-firms/</link><pubDate>Mon, 01 Dec 2025 14:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/openai-takes-stake-in-thrive-holdings-a-buyer-of-services-firms/</guid></item><item><title><![CDATA[At Least 13 People Died by Suicide Amid U.K. Post Office Scandal, Report Says]]></title><description><![CDATA[A public inquiry into the wrongful prosecutions of about 1,000 postal workers has uncovered more victims than previously known, according to a report.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/at-least-13-people-died-by-suicide-amid-uk-post-office-scandal-report-says/</link><pubDate>Fri, 11 Jul 2025 19:28:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/at-least-13-people-died-by-suicide-amid-uk-post-office-scandal-report-says/</guid></item><item><title><![CDATA[We Exposed Fraud at Enron and WorldCom. Don’t Let History Repeat Itself.]]></title><description><![CDATA[A proposal by Republican lawmakers to eliminate an auditing watchdog would make another corporate disaster more likely.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/we-exposed-fraud-at-enron-and-worldcom-dont-let-history-repeat-itself/</link><pubDate>Wed, 28 May 2025 21:07:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/we-exposed-fraud-at-enron-and-worldcom-dont-let-history-repeat-itself/</guid></item><item><title><![CDATA[Macy’s Earnings Report Details Multimillion-Dollar Accounting Error]]></title><description><![CDATA[Analysts see much bigger challenges for the retailer than lax accounting.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/macys-earnings-report-details-multimillion-dollar-accounting-error/</link><pubDate>Wed, 11 Dec 2024 14:32:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/macys-earnings-report-details-multimillion-dollar-accounting-error/</guid></item><item><title><![CDATA[Macy’s Details Multimillion-Dollar Accounting Error in Downbeat Report]]></title><description><![CDATA[Analysts see much bigger challenges for the retailer than lax accounting.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/macys-details-multimillion-dollar-accounting-error-in-downbeat-report/</link><pubDate>Wed, 11 Dec 2024 14:32:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/macys-details-multimillion-dollar-accounting-error-in-downbeat-report/</guid></item><item><title><![CDATA[China Fines PwC $62 Million for Botching Its Work for Evergrande]]></title><description><![CDATA[Authorities also imposed a six-month suspension on the local operations of the global firm, which was once one a dominant auditing firm in China.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/china-fines-pwc-62-million-for-botching-its-work-for-evergrande/</link><pubDate>Fri, 13 Sep 2024 11:01:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/china-fines-pwc-62-million-for-botching-its-work-for-evergrande/</guid></item><item><title><![CDATA[Detroit Nonprofit CFO Accused of Stealing $40 Million]]></title><description><![CDATA[Prosecutors said the financial chief of the Detroit Riverfront Conservancy used the group&rsquo;s funds for personal purchases from Louis Vuitton and a diamond dealer.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/detroit-nonprofit-cfo-accused-of-stealing-40-million/</link><pubDate>Wed, 05 Jun 2024 21:58:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/detroit-nonprofit-cfo-accused-of-stealing-40-million/</guid></item><item><title><![CDATA[SEC Charges Trump Media Auditor With Fraud]]></title><description><![CDATA[Regulators said BF Borgers failed to abide by accounting rules that its public company clients are required to follow.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sec-charges-trump-media-auditor-with-fraud/</link><pubDate>Fri, 03 May 2024 19:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sec-charges-trump-media-auditor-with-fraud/</guid></item><item><title><![CDATA[Auditor That Works for Trump Media Is Charged With Fraud]]></title><description><![CDATA[Regulators said BF Borgers failed to abide by accounting rules that its public company clients are required to follow.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/auditor-that-works-for-trump-media-is-charged-with-fraud/</link><pubDate>Fri, 03 May 2024 18:23:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/auditor-that-works-for-trump-media-is-charged-with-fraud/</guid></item><item><title><![CDATA[Everybody Wants a Piece of South Carolina’s $1.8 Billion Surplus. Is It Real?]]></title><description><![CDATA[Whom does it belongs to? How did it get there? Why? The more legislators dig, the murkier things seem to get.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/everybody-wants-a-piece-of-south-carolinas-18-billion-surplus-is-it-real/</link><pubDate>Wed, 03 Apr 2024 19:15:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/everybody-wants-a-piece-of-south-carolinas-18-billion-surplus-is-it-real/</guid></item><item><title><![CDATA[Trump’s Sons Cast the Blame for Fraud on Their Company’s Accountants]]></title><description><![CDATA[Donald Trump Jr. and his brother Eric Trump both testified in thetrial that accuses their family business of overvaluing its assets.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/trumps-sons-cast-the-blame-for-fraud-on-their-companys-accountants/</link><pubDate>Fri, 03 Nov 2023 00:11:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/trumps-sons-cast-the-blame-for-fraud-on-their-companys-accountants/</guid></item><item><title><![CDATA[Eric and Donald Trump Jr. Testify in Fraud Trial, Casting Blame on Accountants]]></title><description><![CDATA[Donald Trump Jr. and his brother Eric Trump both testified in thetrial that accuses their family business of overvaluing its assets.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eric-and-donald-trump-jr-testify-in-fraud-trial-casting-blame-on-accountants/</link><pubDate>Fri, 03 Nov 2023 00:11:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eric-and-donald-trump-jr-testify-in-fraud-trial-casting-blame-on-accountants/</guid></item><item><title><![CDATA[Nancy Marks, George Santos’s Treasurer, Pleads Guilty in Federal Inquiry]]></title><description><![CDATA[Nancy Marks, one of the embattled congressman&rsquo;s closest associates, oversaw the campaign finances that have faced widespread scrutiny.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/nancy-marks-george-santoss-treasurer-pleads-guilty-in-federal-inquiry/</link><pubDate>Fri, 06 Oct 2023 01:22:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/nancy-marks-george-santoss-treasurer-pleads-guilty-in-federal-inquiry/</guid></item><item><title><![CDATA[George Santos’s Treasurer Pleads Guilty in Federal Inquiry]]></title><description><![CDATA[Nancy Marks, one of the embattled congressman&rsquo;s closest associates, oversaw the campaign finances that have faced widespread scrutiny.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/george-santoss-treasurer-pleads-guilty-in-federal-inquiry/</link><pubDate>Thu, 05 Oct 2023 22:33:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/george-santoss-treasurer-pleads-guilty-in-federal-inquiry/</guid></item><item><title><![CDATA[George Santos’s Treasurer to Plead Guilty in Federal Inquiry]]></title><description><![CDATA[Nancy Marks, one of the embattled congressman&rsquo;s closest associates, oversaw the campaign finances that have faced widespread scrutiny.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/george-santoss-treasurer-to-plead-guilty-in-federal-inquiry/</link><pubDate>Thu, 05 Oct 2023 20:25:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/george-santoss-treasurer-to-plead-guilty-in-federal-inquiry/</guid></item><item><title><![CDATA[George Santos’s Accountant to Plead Guilty in Federal Inquiry]]></title><description><![CDATA[Nancy Marks, one of the embattled congressman&rsquo;s closest associates, oversaw the campaign finances that have faced widespread scrutiny.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/george-santoss-accountant-to-plead-guilty-in-federal-inquiry/</link><pubDate>Thu, 05 Oct 2023 16:53:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/george-santoss-accountant-to-plead-guilty-in-federal-inquiry/</guid></item><item><title><![CDATA[What to Know About Sam Bankman-Fried’s Fraud Trial]]></title><description><![CDATA[Mr. Bankman-Fried is accused of orchestrating a vast scheme to siphon billions of dollars of FTX customer money.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/what-to-know-about-sam-bankman-frieds-fraud-trial/</link><pubDate>Tue, 03 Oct 2023 15:10:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/what-to-know-about-sam-bankman-frieds-fraud-trial/</guid></item><item><title><![CDATA[UBS Reports $29 Billion Profit, a Record]]></title><description><![CDATA[The huge gain stems from the bank&rsquo;s acquisition of its rival Credit Suisse this spring for about $3.2 billion, a steep discount that is skewing its quarterly results.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ubs-reports-29-billion-profit-a-record/</link><pubDate>Thu, 31 Aug 2023 19:34:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ubs-reports-29-billion-profit-a-record/</guid></item><item><title><![CDATA[UBS Earns $29 Billion From Badwill Tied to Credit Suisse Deal]]></title><description><![CDATA[The Swiss bank&rsquo;s sharply discounted takeover of Credit Suisse led to a paper gain that gave it the biggest quarterly profit by a bank in history.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ubs-earns-29-billion-from-badwill-tied-to-credit-suisse-deal/</link><pubDate>Thu, 31 Aug 2023 13:45:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ubs-earns-29-billion-from-badwill-tied-to-credit-suisse-deal/</guid></item><item><title><![CDATA[‘Going Concern,’ Going Bust]]></title><description><![CDATA[The term, which refers to a company that will continue to operate for at least a year, is rarely used unless a company is in trouble.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/going-concern-going-bust/</link><pubDate>Fri, 04 Aug 2023 11:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/going-concern-going-bust/</guid></item><item><title><![CDATA[How the Employee Retention Tax Credit Became a Magnet for Fraud]]></title><description><![CDATA[The Employee Retention Credit has spawned a cottage industry of firms claiming to help businesses access stimulus funds, often in violation of federal rules.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/how-the-employee-retention-tax-credit-became-a-magnet-for-fraud/</link><pubDate>Fri, 26 May 2023 11:16:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/how-the-employee-retention-tax-credit-became-a-magnet-for-fraud/</guid></item><item><title><![CDATA[Finding Order in a Thicket of Nonprofit Data]]></title><description><![CDATA[To investigate the practices of a group of political nonprofits, we first needed to conquer a pesky foil of data journalists: the PDF.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/finding-order-in-a-thicket-of-nonprofit-data/</link><pubDate>Tue, 16 May 2023 01:50:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/finding-order-in-a-thicket-of-nonprofit-data/</guid></item><item><title><![CDATA[Credit Suisse Accused of Impeding Hunt for Accounts Linked to Nazis]]></title><description><![CDATA[The Senate Budget Committee opened an investigation after Credit Suisse fired a lawyer it had hired to oversee an independent inquiry hunting for accounts linked to Nazis who went to Argentina.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/credit-suisse-accused-of-impeding-hunt-for-accounts-linked-to-nazis/</link><pubDate>Thu, 20 Apr 2023 17:54:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/credit-suisse-accused-of-impeding-hunt-for-accounts-linked-to-nazis/</guid></item><item><title><![CDATA[Reconsidering Tax Day]]></title><description><![CDATA[Make it a time of personal inventory, of looking back and taking account.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/reconsidering-tax-day/</link><pubDate>Sat, 15 Apr 2023 12:19:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/reconsidering-tax-day/</guid></item><item><title><![CDATA[House Republicans Quietly Halt Inquiry Into Trump’s Finances]]></title><description><![CDATA[G.O.P. leaders are declining to enforce a court-supervised settlement for Mazars, Donald J. Trump&rsquo;s former accounting firm, to turn over records in an investigation into whether he profited from the presidency.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/house-republicans-quietly-halt-inquiry-into-trumps-finances/</link><pubDate>Mon, 13 Mar 2023 19:59:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/house-republicans-quietly-halt-inquiry-into-trumps-finances/</guid></item><item><title><![CDATA[How ‘Extraordinary Measures’ Can Postpone a Debt Limit Disaster]]></title><description><![CDATA[Treasury Secretary Janet L. Yellen will soon need to use accounting maneuvers to keep the United States from defaulting on its debt.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/how-extraordinary-measures-can-postpone-a-debt-limit-disaster/</link><pubDate>Wed, 18 Jan 2023 11:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/how-extraordinary-measures-can-postpone-a-debt-limit-disaster/</guid></item><item><title><![CDATA[Fraud Trial of Wirecard’s Ex-CEO, Markus Braun, Begins]]></title><description><![CDATA[Markus Braun, the founder of the financial technology firm that lost billions, is facing fraud charges with two others.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/fraud-trial-of-wirecards-ex-ceo-markus-braun-begins/</link><pubDate>Thu, 08 Dec 2022 19:13:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/fraud-trial-of-wirecards-ex-ceo-markus-braun-begins/</guid></item><item><title><![CDATA[Prosecution Rests as Trump Company Trial Moves Faster Than Expected]]></title><description><![CDATA[In a sign of confidence, Manhattan prosecutors skipped a witness they had said they would call. The case could end as soon as next week.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/prosecution-rests-as-trump-company-trial-moves-faster-than-expected/</link><pubDate>Mon, 21 Nov 2022 20:06:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/prosecution-rests-as-trump-company-trial-moves-faster-than-expected/</guid></item><item><title><![CDATA[A Vatican Auditor Says He Dug Up Too Much Dirt, and Was Buried]]></title><description><![CDATA[Libero Milone is suing the Vatican for wrongful dismissal after he said he found cardinals siphoning off funds. The Vatican has hit him with a criminal investigation of its own.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/a-vatican-auditor-says-he-dug-up-too-much-dirt-and-was-buried/</link><pubDate>Thu, 10 Nov 2022 12:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/a-vatican-auditor-says-he-dug-up-too-much-dirt-and-was-buried/</guid></item><item><title><![CDATA[In Trump Organization Trial, Each Side Finds a Villain]]></title><description><![CDATA[In a case that centers on tax law, defense lawyers blame the company&rsquo;s former chief financial officer. Prosecutors bring up the former president.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/in-trump-organization-trial-each-side-finds-a-villain/</link><pubDate>Tue, 01 Nov 2022 01:11:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/in-trump-organization-trial-each-side-finds-a-villain/</guid></item><item><title><![CDATA[In Trump Company Trial, Each Side Finds a Villain]]></title><description><![CDATA[In a case that centers on tax law, defense lawyers blame the company&rsquo;s former chief financial officer. Prosecutors bring up the former president.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/in-trump-company-trial-each-side-finds-a-villain/</link><pubDate>Tue, 01 Nov 2022 01:11:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/in-trump-company-trial-each-side-finds-a-villain/</guid></item><item><title><![CDATA[Trump Organization Trial Opens, and the Talk Is About 2 Men]]></title><description><![CDATA[In a case that centers on tax law, defense lawyers blame the company&rsquo;s former chief financial officer. Prosecutors bring up the former president.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/trump-organization-trial-opens-and-the-talk-is-about-2-men/</link><pubDate>Tue, 01 Nov 2022 00:13:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/trump-organization-trial-opens-and-the-talk-is-about-2-men/</guid></item><item><title><![CDATA[Timeline: Key Events in the Trump Organization Investigation]]></title><description><![CDATA[The trial comes after years of scrutiny of the Trump Organization and Donald J. Trump himself. It is among the largest legal challenges faced by the man and the business.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/timeline-key-events-in-the-trump-organization-investigation/</link><pubDate>Mon, 31 Oct 2022 20:32:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/timeline-key-events-in-the-trump-organization-investigation/</guid></item><item><title><![CDATA[Here are the key events in the investigation into the Trump family business.]]></title><description><![CDATA[The trial comes after years of scrutiny of the Trump Organization and Donald J. Trump himself. It is among the largest legal challenges faced by the man and the business.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/here-are-the-key-events-in-the-investigation-into-the-trump-family-business/</link><pubDate>Mon, 31 Oct 2022 20:32:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/here-are-the-key-events-in-the-investigation-into-the-trump-family-business/</guid></item><item><title><![CDATA[Trump’s Former Accounting Firm Turns Over Documents to Congress]]></title><description><![CDATA[Mazars USA delivered an initial set of documents related to the former president&rsquo;s finances to the House Oversight Committee as part of a settlement.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/trumps-former-accounting-firm-turns-over-documents-to-congress/</link><pubDate>Sat, 17 Sep 2022 23:33:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/trumps-former-accounting-firm-turns-over-documents-to-congress/</guid></item><item><title><![CDATA[EY to Split Accounting and Consulting Businesses]]></title><description><![CDATA[The firm, commonly known as Ernst &amp; Young, announced a plan to separate into two companies, one that does mainly auditing work and the other that does consulting and advisory work.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ey-to-split-accounting-and-consulting-businesses/</link><pubDate>Thu, 08 Sep 2022 17:29:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ey-to-split-accounting-and-consulting-businesses/</guid></item><item><title><![CDATA[U.S. and China Announce Deal to Share Audits of U.S.-listed Chinese Firms]]></title><description><![CDATA[The agreement could prevent Chinese companies from having to depart U.S. stock exchanges, but U.S. officials remain wary of whether China will fulfill its terms.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/us-and-china-announce-deal-to-share-audits-of-us-listed-chinese-firms/</link><pubDate>Fri, 26 Aug 2022 15:09:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/us-and-china-announce-deal-to-share-audits-of-us-listed-chinese-firms/</guid></item><item><title><![CDATA[What’s Next in the New York Attorney General’s Trump Inquiry?]]></title><description><![CDATA[Since former President Donald J. Trump declined to answer questions, Attorney General Letitia James faces a crucial decision.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/whats-next-in-the-new-york-attorney-generals-trump-inquiry/</link><pubDate>Thu, 11 Aug 2022 02:19:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/whats-next-in-the-new-york-attorney-generals-trump-inquiry/</guid></item><item><title><![CDATA[Meet the accountants who may become the new power brokers of taxes.]]></title><description><![CDATA[The Financial Accounting Standards Board, a private organization run by a seven-member board, determine how quarterly and annual profits are calculated.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/meet-the-accountants-who-may-become-the-new-power-brokers-of-taxes/</link><pubDate>Thu, 04 Aug 2022 16:31:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/meet-the-accountants-who-may-become-the-new-power-brokers-of-taxes/</guid></item><item><title><![CDATA[Inflation Reduction Act’s corporate minimum tax deciders]]></title><description><![CDATA[A climate and tax bill could give a lot of power to an organization called the Financial Accounting Standards Board.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/inflation-reduction-acts-corporate-minimum-tax-deciders/</link><pubDate>Thu, 04 Aug 2022 15:26:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/inflation-reduction-acts-corporate-minimum-tax-deciders/</guid></item><item><title><![CDATA[Corporate minimum tax]]></title><description><![CDATA[A climate and tax bill could give a lot of power to an organization called the Financial Accounting Standards Board.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/corporate-minimum-tax/</link><pubDate>Thu, 04 Aug 2022 15:04:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/corporate-minimum-tax/</guid></item><item><title><![CDATA[The Big 4’s Tax Problem]]></title><description><![CDATA[The S.E.C. is reportedly reviewing conflicts of interest at top accounting firms.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/the-big-4s-tax-problem/</link><pubDate>Thu, 07 Jul 2022 14:24:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/the-big-4s-tax-problem/</guid></item><item><title><![CDATA[Officials Balked at a Drug Company’s Tax Shelter. Auditors Approved It Anyway.]]></title><description><![CDATA[Court documents show the potential conflicts of interest when accounting firms simultaneously help clients avoid taxes and audit their finances.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/officials-balked-at-a-drug-companys-tax-shelter-auditors-approved-it-anyway/</link><pubDate>Thu, 07 Jul 2022 09:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/officials-balked-at-a-drug-companys-tax-shelter-auditors-approved-it-anyway/</guid></item><item><title><![CDATA[Ernst &amp; Young to Pay $100 Million Fine After Auditors Cheated on Ethics Exams]]></title><description><![CDATA[The S.E.C. said the cheating involved hundreds of the firm&rsquo;s auditors from 2017 to 2021.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ernst-amp-young-to-pay-100-million-fine-after-auditors-cheated-on-ethics-exams/</link><pubDate>Tue, 28 Jun 2022 14:40:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ernst-amp-young-to-pay-100-million-fine-after-auditors-cheated-on-ethics-exams/</guid></item><item><title><![CDATA[Ernst &amp; Young to Pay $100 Million Fine After Auditors Cheated on Exams]]></title><description><![CDATA[The S.E.C. said the cheating involved hundreds of the firm&rsquo;s auditors from 2017 to 2021.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ernst-amp-young-to-pay-100-million-fine-after-auditors-cheated-on-exams/</link><pubDate>Tue, 28 Jun 2022 12:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ernst-amp-young-to-pay-100-million-fine-after-auditors-cheated-on-exams/</guid></item><item><title><![CDATA[Washington Commanders Deny Financial Malfeasance in a Letter to FTC]]></title><description><![CDATA[The N.F.L. franchise sent 102 pages of documents rebutting claims made by a former employee that the team failed to properly report ticket revenue and withheld refunds from fans.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/washington-commanders-deny-financial-malfeasance-in-a-letter-to-ftc/</link><pubDate>Mon, 18 Apr 2022 18:29:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/washington-commanders-deny-financial-malfeasance-in-a-letter-to-ftc/</guid></item><item><title><![CDATA[Questions About Commanders’ Handling of Money Referred to F.T.C.]]></title><description><![CDATA[In a 20-page letter sent to the F.T.C., a congressional committee passed along allegations from a former employee who said the team withheld ticket revenue from fans and the league.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/questions-about-commanders-handling-of-money-referred-to-ftc/</link><pubDate>Wed, 13 Apr 2022 00:30:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/questions-about-commanders-handling-of-money-referred-to-ftc/</guid></item><item><title><![CDATA[EY Joins Other Big Accounting Firms Exiting Russia]]></title><description><![CDATA[The firm said it would sever ties with Russia, after similar announcements from KPMG and PricewaterhouseCoopers.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ey-joins-other-big-accounting-firms-exiting-russia/</link><pubDate>Mon, 07 Mar 2022 17:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ey-joins-other-big-accounting-firms-exiting-russia/</guid></item><item><title><![CDATA[Treasury Dept. Asked to Investigate Its Hiring From Accounting Firms]]></title><description><![CDATA[The request was sent by Senator Elizabeth Warren and Representative Pramila Jayapal after a New York Times report on the revolving door between the department and the biggest accounting firms.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/treasury-dept-asked-to-investigate-its-hiring-from-accounting-firms/</link><pubDate>Tue, 22 Feb 2022 17:35:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/treasury-dept-asked-to-investigate-its-hiring-from-accounting-firms/</guid></item><item><title><![CDATA[N.Y. Attorney General Can Question Trump and 2 Children, Judge Rules]]></title><description><![CDATA[Former President Donald J. Trump and two of his children had sought to block Letitia James, the attorney general, from interviewing them under oath.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ny-attorney-general-can-question-trump-and-2-children-judge-rules/</link><pubDate>Fri, 18 Feb 2022 03:51:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ny-attorney-general-can-question-trump-and-2-children-judge-rules/</guid></item><item><title><![CDATA[Trump Makes New Claims About His Wealth After Accountants Drop Him]]></title><description><![CDATA[The former president has spent decades inventing facts and figures to suit his needs. Now, dropped by his accountants, he is making new claims.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/trump-makes-new-claims-about-his-wealth-after-accountants-drop-him/</link><pubDate>Thu, 17 Feb 2022 02:29:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/trump-makes-new-claims-about-his-wealth-after-accountants-drop-him/</guid></item><item><title><![CDATA[Accounting Firm Cuts Ties With Trump and Retracts Financial Statements]]></title><description><![CDATA[The firm, Mazars USA, said in a letter that it could no longer stand behind the annual statements, which are central to an investigation by the New York attorney general.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accounting-firm-cuts-ties-with-trump-and-retracts-financial-statements/</link><pubDate>Tue, 15 Feb 2022 01:53:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accounting-firm-cuts-ties-with-trump-and-retracts-financial-statements/</guid></item><item><title><![CDATA[Trump's Long-Time Accounting Firm Cuts Ties Over Financial Statements]]></title><description><![CDATA[The statements are at the center of two investigations into whether the former president and his company exaggerated the value of their assets.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/trumps-long-time-accounting-firm-cuts-ties-over-financial-statements/</link><pubDate>Mon, 14 Feb 2022 22:08:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/trumps-long-time-accounting-firm-cuts-ties-over-financial-statements/</guid></item><item><title><![CDATA[PCAOB Says It Can’t Inspect Audits of Chinese Firms Listed in U.S.]]></title><description><![CDATA[A fight between the United States and China over audit standards could lead to the delisting of many Chinese companies traded on American stock exchanges.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pcaob-says-it-cant-inspect-audits-of-chinese-firms-listed-in-us/</link><pubDate>Fri, 17 Dec 2021 16:07:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pcaob-says-it-cant-inspect-audits-of-chinese-firms-listed-in-us/</guid></item><item><title><![CDATA[Oversight board says it can’t inspect audits of Chinese firms listed on Wall Street.]]></title><description><![CDATA[A fight between the United States and China over audit standards could lead to the delisting of many Chinese companies traded on American stock exchanges.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/oversight-board-says-it-cant-inspect-audits-of-chinese-firms-listed-on-wall-street/</link><pubDate>Fri, 17 Dec 2021 16:07:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/oversight-board-says-it-cant-inspect-audits-of-chinese-firms-listed-on-wall-street/</guid></item><item><title><![CDATA[Trump Fraud Inquiry’s Focus: Did He Mislead His Own Accountants?]]></title><description><![CDATA[The investigation, by the Manhattan district attorney, is zeroing in on financial records the former president and his company sent to lenders.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/trump-fraud-inquirys-focus-did-he-mislead-his-own-accountants/</link><pubDate>Tue, 14 Dec 2021 22:15:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/trump-fraud-inquirys-focus-did-he-mislead-his-own-accountants/</guid></item><item><title><![CDATA[Financial Industry, With $130 Trillion, to Pursue Climate Goals]]></title><description><![CDATA[The pledge would transform the international financial system, but critics say it falls short on fossil fuels.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/financial-industry-with-130-trillion-to-pursue-climate-goals/</link><pubDate>Wed, 03 Nov 2021 11:14:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/financial-industry-with-130-trillion-to-pursue-climate-goals/</guid></item><item><title><![CDATA[Lawmakers seek details on accounting firms after a New York Times report.]]></title><description><![CDATA[Senator Elizabeth Warren and Representative Pramila Jayapal asserted that the firms were &ldquo;abusing the public trust and taking advantage of the revolving door between public service and private profit.&rdquo;]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/lawmakers-seek-details-on-accounting-firms-after-a-new-york-times-report/</link><pubDate>Tue, 05 Oct 2021 20:38:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/lawmakers-seek-details-on-accounting-firms-after-a-new-york-times-report/</guid></item><item><title><![CDATA[How Tax Giants Write Their Own Rules]]></title><description><![CDATA[The biggest accounting firms take advantage of the government&rsquo;s revolving door.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/how-tax-giants-write-their-own-rules/</link><pubDate>Mon, 20 Sep 2021 13:27:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/how-tax-giants-write-their-own-rules/</guid></item><item><title><![CDATA[How Top Accounting Firms Help Their Clients Sidestep Taxes]]></title><description><![CDATA[Lawyers from top accounting firms do brief stints in the Treasury Department, with the expectation of big raises when they return.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/how-top-accounting-firms-help-their-clients-sidestep-taxes/</link><pubDate>Sun, 19 Sep 2021 11:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/how-top-accounting-firms-help-their-clients-sidestep-taxes/</guid></item><item><title><![CDATA[How Accounting Giants Craft Favorable Tax Rules From Inside Government]]></title><description><![CDATA[Lawyers from top accounting firms do brief stints in the Treasury Department, with the expectation of big raises when they return.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/how-accounting-giants-craft-favorable-tax-rules-from-inside-government/</link><pubDate>Sun, 19 Sep 2021 11:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/how-accounting-giants-craft-favorable-tax-rules-from-inside-government/</guid></item><item><title><![CDATA[Michael Avenatti Is Granted Mistrial in Federal Fraud Case]]></title><description><![CDATA[A U.S. District Court judge found that federal prosecutors had withheld financial data from Mr. Avenatti, the former lawyer for the pornographic film actress Stormy Daniels. He faces a retrial.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/michael-avenatti-is-granted-mistrial-in-federal-fraud-case/</link><pubDate>Wed, 25 Aug 2021 03:10:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/michael-avenatti-is-granted-mistrial-in-federal-fraud-case/</guid></item><item><title><![CDATA[Michael Avenatti Is Granted a Mistrial in Federal Fraud Case]]></title><description><![CDATA[A U.S. District Court judge found that federal prosecutors had withheld financial data from Mr. Avenatti, the former lawyer for the pornographic film actress Stormy Daniels. He faces a retrial.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/michael-avenatti-is-granted-a-mistrial-in-federal-fraud-case/</link><pubDate>Wed, 25 Aug 2021 00:24:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/michael-avenatti-is-granted-a-mistrial-in-federal-fraud-case/</guid></item><item><title><![CDATA[Douglas Chrismas, Gallery Owner, Arrested on Embezzlement Charge]]></title><description><![CDATA[The Los Angeles art dealer Douglas Chrismas has surrendered to the F.B.I. and a trial date has been set for September.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/douglas-chrismas-gallery-owner-arrested-on-embezzlement-charge/</link><pubDate>Fri, 30 Jul 2021 00:29:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/douglas-chrismas-gallery-owner-arrested-on-embezzlement-charge/</guid></item><item><title><![CDATA[Trump Organization and Top Executive Are Indicted in Tax Investigation]]></title><description><![CDATA[The former president&rsquo;s family business and its chief financial officer, Allen Weisselberg, are expected to appear in court on Thursday.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/trump-organization-and-top-executive-are-indicted-in-tax-investigation/</link><pubDate>Thu, 01 Jul 2021 03:05:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/trump-organization-and-top-executive-are-indicted-in-tax-investigation/</guid></item><item><title><![CDATA[Weisselberg, ‘Soldier’ for Trump, Faces Charges and Test of His Loyalty]]></title><description><![CDATA[The Trump Organization executive is expected to be charged on Thursday, along with the company, as he comes under increasing pressure to turn on the family.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/weisselberg-soldier-for-trump-faces-charges-and-test-of-his-loyalty/</link><pubDate>Wed, 30 Jun 2021 21:17:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/weisselberg-soldier-for-trump-faces-charges-and-test-of-his-loyalty/</guid></item><item><title><![CDATA[PwC Wants to Teach Corporate Leaders About Trust]]></title><description><![CDATA[The shift is part of the accounting and consulting giant&rsquo;s effort to remake itself for the times &mdash; and then charge to help others do it, too.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pwc-wants-to-teach-corporate-leaders-about-trust/</link><pubDate>Tue, 15 Jun 2021 11:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pwc-wants-to-teach-corporate-leaders-about-trust/</guid></item><item><title><![CDATA[Why the World Needs More Black Accountants]]></title><description><![CDATA[The field of accounting is overwhelmingly white. Rumbi Bwerinofa-Petrozzello, a forensic accountant, wants to change that.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/why-the-world-needs-more-black-accountants/</link><pubDate>Mon, 14 Jun 2021 16:24:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/why-the-world-needs-more-black-accountants/</guid></item><item><title><![CDATA[An Accidental Disclosure Exposes a $1 Billion Tax Fight With Bristol Myers]]></title><description><![CDATA[The I.R.S. believes the American drugmaker used an abusive offshore scheme to avoid federal taxes.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/an-accidental-disclosure-exposes-a-1-billion-tax-fight-with-bristol-myers/</link><pubDate>Thu, 01 Apr 2021 11:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/an-accidental-disclosure-exposes-a-1-billion-tax-fight-with-bristol-myers/</guid></item><item><title><![CDATA[Greensill Capital: The Collapse of a Company Built on Debt]]></title><description><![CDATA[Greensill Capital promised a win-win for buyers and sellers, until it all fell apart, igniting concerns about opaque accounting practices.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/greensill-capital-the-collapse-of-a-company-built-on-debt/</link><pubDate>Sun, 28 Mar 2021 11:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/greensill-capital-the-collapse-of-a-company-built-on-debt/</guid></item><item><title><![CDATA[Should You Hire an Accountant?]]></title><description><![CDATA[As tax season approaches, here&rsquo;s how to know if you should seek out an expert to help you navigate the numbers.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/should-you-hire-an-accountant/</link><pubDate>Thu, 18 Mar 2021 22:11:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/should-you-hire-an-accountant/</guid></item><item><title><![CDATA[A Love Letter to My Accountant]]></title><description><![CDATA[My relationship with him is the most positive one I&rsquo;ve ever had with a man over money.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/a-love-letter-to-my-accountant/</link><pubDate>Fri, 12 Mar 2021 11:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/a-love-letter-to-my-accountant/</guid></item><item><title><![CDATA[Brexit Deal Done, Britain Now Scrambles to See How It Will Work]]></title><description><![CDATA[Britain is finally departing from the European Union, but its formal exit is only the beginning of a high-stakes experiment to unstitch commercial relations across an integrated continent.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/brexit-deal-done-britain-now-scrambles-to-see-how-it-will-work/</link><pubDate>Sat, 26 Dec 2020 01:55:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/brexit-deal-done-britain-now-scrambles-to-see-how-it-will-work/</guid></item><item><title><![CDATA[Brexit Deal Done, Britain Now Scrambles to See if It Can Work]]></title><description><![CDATA[Britain is finally departing from the European Union, but its formal exit is only the beginning of a high-stakes experiment to unstitch commercial relations across an integrated continent.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/brexit-deal-done-britain-now-scrambles-to-see-if-it-can-work/</link><pubDate>Fri, 25 Dec 2020 22:45:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/brexit-deal-done-britain-now-scrambles-to-see-if-it-can-work/</guid></item><item><title><![CDATA[Senator Paul Sarbanes, Author of Sarbanes-Oxley Act, Dies at 87]]></title><description><![CDATA[Early in his career, Mr. Sarbanes introduced the first article of impeachment against Richard Nixon. Decades later, he wrote legislation in response to fraud scandals involving Enron and other companies.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/senator-paul-sarbanes-author-of-sarbanes-oxley-act-dies-at-87/</link><pubDate>Mon, 07 Dec 2020 18:50:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/senator-paul-sarbanes-author-of-sarbanes-oxley-act-dies-at-87/</guid></item><item><title><![CDATA[Paul Sarbanes, Former Maryland Senator, Dies at 87]]></title><description><![CDATA[Early in his career, Mr. Sarbanes introduced the first article of impeachment against Richard Nixon. Decades later, he wrote legislation in response to fraud scandals involving Enron and other companies.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/paul-sarbanes-former-maryland-senator-dies-at-87/</link><pubDate>Mon, 07 Dec 2020 13:42:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/paul-sarbanes-former-maryland-senator-dies-at-87/</guid></item><item><title><![CDATA[Here’s How Moving to Work Remotely Could Affect Your Taxes]]></title><description><![CDATA[The rules are complicated and vary by state, so accountants are advising taxpayers to keep track of how many days they spend working in each state.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/heres-how-moving-to-work-remotely-could-affect-your-taxes/</link><pubDate>Tue, 25 Aug 2020 17:10:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/heres-how-moving-to-work-remotely-could-affect-your-taxes/</guid></item><item><title><![CDATA[Wirecard Ex-C.E.O. Arrested on New Charges of Defrauding Banks]]></title><description><![CDATA[The insolvent payments company used fake sales to dupe banks into lending it $3.7 billion, prosecutors said. The money is probably gone.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/wirecard-ex-ceo-arrested-on-new-charges-of-defrauding-banks/</link><pubDate>Wed, 22 Jul 2020 22:17:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/wirecard-ex-ceo-arrested-on-new-charges-of-defrauding-banks/</guid></item><item><title><![CDATA[Behind Wirecard's Collapse: Allegations of Lies, Spies and Missing Billions]]></title><description><![CDATA[Markus Braun built Wirecard to &ldquo;conquer the world,&rdquo; but those aspirations attracted skeptics. Its accounting scandal has sent shock waves through Germany.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/behind-wirecards-collapse-allegations-of-lies-spies-and-missing-billions/</link><pubDate>Fri, 26 Jun 2020 20:50:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/behind-wirecards-collapse-allegations-of-lies-spies-and-missing-billions/</guid></item><item><title><![CDATA[In a German Tech Giant’s Fall, Charges of Lies, Spies and Missing Billions]]></title><description><![CDATA[Markus Braun built Wirecard to &ldquo;conquer the world,&rdquo; but those aspirations attracted skeptics. Its massive accounting scandal has sent shock waves through Germany.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/in-a-german-tech-giants-fall-charges-of-lies-spies-and-missing-billions/</link><pubDate>Fri, 26 Jun 2020 20:27:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/in-a-german-tech-giants-fall-charges-of-lies-spies-and-missing-billions/</guid></item><item><title><![CDATA[Wirecard’s Ex-C.E.O., Markus Braun, Is Arrested in Germany]]></title><description><![CDATA[The payment company is ensnared in an accounting scandal after it admitted that $2 billion in its accounts probably did not exist.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/wirecards-ex-ceo-markus-braun-is-arrested-in-germany/</link><pubDate>Tue, 23 Jun 2020 11:37:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/wirecards-ex-ceo-markus-braun-is-arrested-in-germany/</guid></item><item><title><![CDATA[Chinese Coffee Chain’s Scandal Renews U.S. Calls for Oversight]]></title><description><![CDATA[The implosion of a Chinese competitor to Starbucks has bolstered the cause of American politicians aiming to stop opaque Chinese companies from raising money in the U.S.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/chinese-coffee-chains-scandal-renews-us-calls-for-oversight/</link><pubDate>Thu, 30 Apr 2020 09:52:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/chinese-coffee-chains-scandal-renews-us-calls-for-oversight/</guid></item><item><title><![CDATA[Your 8 Most Vexing Tax Questions, Answered]]></title><description><![CDATA[Changing rules have led to taxpayer confusion. We asked accountants and other specialists to help sort it all out.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/your-8-most-vexing-tax-questions-answered/</link><pubDate>Thu, 05 Mar 2020 20:20:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/your-8-most-vexing-tax-questions-answered/</guid></item><item><title><![CDATA[9 Reasons to Stop Doing Your Own Taxes]]></title><description><![CDATA[Software can&rsquo;t stop you from committing human errors. And life gets complicated for everyone, from Airbnb hosts to widows.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/9-reasons-to-stop-doing-your-own-taxes/</link><pubDate>Thu, 05 Mar 2020 11:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/9-reasons-to-stop-doing-your-own-taxes/</guid></item><item><title><![CDATA[How to Find the Best C.P.A. or Tax Accountant Near You]]></title><description><![CDATA[Here are tips and recommendations on how to hire a C.P.A. or tax accountant near you &mdash; or further afield, if your local options are limited.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/how-to-find-the-best-cpa-or-tax-accountant-near-you/</link><pubDate>Fri, 14 Feb 2020 22:30:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/how-to-find-the-best-cpa-or-tax-accountant-near-you/</guid></item><item><title><![CDATA[Can Western Firms Stop Profiting From Poor Nations’ Corruption?]]></title><description><![CDATA[The daughter of Angola&rsquo;s former president may face charges of corruption that was made easier by established business advisers.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/can-western-firms-stop-profiting-from-poor-nations-corruption/</link><pubDate>Sat, 25 Jan 2020 20:30:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/can-western-firms-stop-profiting-from-poor-nations-corruption/</guid></item><item><title><![CDATA[Justice Dept. Urges Supreme Court to Back Trump in Tax Records Case]]></title><description><![CDATA[In a friend-of-the-court brief, the department urged the justices to hear the president&rsquo;s appeal in a clash with Manhattan prosecutors.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/justice-dept-urges-supreme-court-to-back-trump-in-tax-records-case/</link><pubDate>Sat, 23 Nov 2019 02:41:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/justice-dept-urges-supreme-court-to-back-trump-in-tax-records-case/</guid></item><item><title><![CDATA[Under Armour Faces Federal Accounting Investigation]]></title><description><![CDATA[The S.E.C. and Justice Department are looking into accounting practices and related activities dating back to 2017.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/under-armour-faces-federal-accounting-investigation/</link><pubDate>Mon, 04 Nov 2019 02:19:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/under-armour-faces-federal-accounting-investigation/</guid></item><item><title><![CDATA[Under Armour Cooperating With Federal Accounting Investigation]]></title><description><![CDATA[The S.E.C. and Justice Department are looking into accounting practices and related activities dating back to 2017.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/under-armour-cooperating-with-federal-accounting-investigation/</link><pubDate>Mon, 04 Nov 2019 02:19:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/under-armour-cooperating-with-federal-accounting-investigation/</guid></item><item><title><![CDATA[The S.E.C.’s Clayton Turns Oversight Partisan]]></title><description><![CDATA[The Public Company Accounting Oversight Board thrives on its independence. The Trump administration is eroding it.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/the-secs-clayton-turns-oversight-partisan/</link><pubDate>Thu, 24 Oct 2019 12:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/the-secs-clayton-turns-oversight-partisan/</guid></item><item><title><![CDATA[Yang vs. Warren: Who Has the Better Tax Plan?]]></title><description><![CDATA[Andrew Yang&rsquo;s proposed V.A.T. and $1,000 dividend would be more practical than Senator Warren&rsquo;s wealth tax, in the view of the economist N. Gregory Mankiw.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/yang-vs-warren-who-has-the-better-tax-plan/</link><pubDate>Fri, 27 Sep 2019 17:09:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/yang-vs-warren-who-has-the-better-tax-plan/</guid></item><item><title><![CDATA[As Hong Kong Firms Fall in Line Over Protests, Some Workers Push Back]]></title><description><![CDATA[China is putting pressure on businesses to denounce the demonstrations. &ldquo;They are trying to silence everyone,&rdquo; an accountant said.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/as-hong-kong-firms-fall-in-line-over-protests-some-workers-push-back/</link><pubDate>Fri, 23 Aug 2019 12:24:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/as-hong-kong-firms-fall-in-line-over-protests-some-workers-push-back/</guid></item><item><title><![CDATA[Kraft Heinz Reports Weak Sales on Top of Accounting Issues]]></title><description><![CDATA[Kraft Heinz, which has struggled to keep up with consumers&rsquo; changing tastes, said it took a $1 billion charge related to its accounting problems. Its stock tumbled.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kraft-heinz-reports-weak-sales-on-top-of-accounting-issues/</link><pubDate>Thu, 08 Aug 2019 16:33:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kraft-heinz-reports-weak-sales-on-top-of-accounting-issues/</guid></item><item><title><![CDATA[Accountants Must Turn Over Trump’s Financial Records, Lower-Court Judge Rules]]></title><description><![CDATA[President Trump lost an early test of his strategy of stonewalling all oversight demands for information by Congress, but the ruling is just the first step in what could be a lengthy process.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accountants-must-turn-over-trumps-financial-records-lower-court-judge-rules/</link><pubDate>Mon, 20 May 2019 23:11:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accountants-must-turn-over-trumps-financial-records-lower-court-judge-rules/</guid></item><item><title><![CDATA[Kraft Heinz Picks New C.E.O. as It Faces Weak Sales and S.E.C. Inquiry]]></title><description><![CDATA[The food giant said Miguel Patricio, an Anheuser-Busch InBev veteran, would succeed Bernardo Hees as chief executive, signaling a potential shift away from years of cost-cutting.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kraft-heinz-picks-new-ceo-as-it-faces-weak-sales-and-sec-inquiry/</link><pubDate>Mon, 22 Apr 2019 17:22:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kraft-heinz-picks-new-ceo-as-it-faces-weak-sales-and-sec-inquiry/</guid></item><item><title><![CDATA[Still Haven’t Filed Your Taxes? Here, Last-Minute Advice]]></title><description><![CDATA[Fewer taxpayers than last year had filed by late March. That may be because of the new tax law. &ldquo;This is the most complicated tax season ever,&rdquo; one C.P.A. said.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/still-havent-filed-your-taxes-here-last-minute-advice/</link><pubDate>Fri, 05 Apr 2019 15:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/still-havent-filed-your-taxes-here-last-minute-advice/</guid></item><item><title><![CDATA[Inside the Tensions at Carlos Ghosn’s Nissan]]></title><description><![CDATA[Once seen as a model of global cooperation, the Nissan-Renault alliance seethed with fear and rivalries, raising questions about its future.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/inside-the-tensions-at-carlos-ghosns-nissan/</link><pubDate>Fri, 29 Mar 2019 00:16:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/inside-the-tensions-at-carlos-ghosns-nissan/</guid></item><item><title><![CDATA[Delta C.E.O. Ed Bastian: ‘Leadership Is Not a Popularity Contest’]]></title><description><![CDATA[He helped steer Delta through 9/11 and a bankruptcy. Then he had to tangle with the National Rifle Association.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/delta-ceo-ed-bastian-leadership-is-not-a-popularity-contest/</link><pubDate>Thu, 21 Feb 2019 17:57:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/delta-ceo-ed-bastian-leadership-is-not-a-popularity-contest/</guid></item><item><title><![CDATA[These Toilet Seat Lids Aren’t Gold-Plated, but They Cost $14,000]]></title><description><![CDATA[The Pentagon has to clean up its confusing and wasteful budget.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/these-toilet-seat-lids-arent-gold-plated-but-they-cost-14000-2/</link><pubDate>Wed, 19 Dec 2018 21:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/these-toilet-seat-lids-arent-gold-plated-but-they-cost-14000-2/</guid></item><item><title><![CDATA[These Toilet Seat Lids Aren’t Gold-Plated but They Cost $14,000]]></title><description><![CDATA[The Pentagon has to clean up its confusing and wasteful budget.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/these-toilet-seat-lids-arent-gold-plated-but-they-cost-14000/</link><pubDate>Wed, 19 Dec 2018 21:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/these-toilet-seat-lids-arent-gold-plated-but-they-cost-14000/</guid></item><item><title><![CDATA[Ex-Tesco Executives Cleared on Fraud and False Accounting Charges]]></title><description><![CDATA[A British judge ruled that there was not enough evidence for a jury to consider the case against Christopher Bush and John Scouler.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ex-tesco-executives-cleared-on-fraud-and-false-accounting-charges/</link><pubDate>Thu, 06 Dec 2018 19:08:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ex-tesco-executives-cleared-on-fraud-and-false-accounting-charges/</guid></item><item><title><![CDATA[The Misleading Claim That $21 Trillion in Misspent Pentagon Funds Could Pay for ‘Medicare for All’]]></title><description><![CDATA[Representative-elect Alexandria Ocasio-Cortez, the rising liberal star, cited a figure that refers to nearly two decades of internal financial adjustments, not actual spending.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/the-misleading-claim-that-21-trillion-in-misspent-pentagon-funds-could-pay-for-medicare-for-all/</link><pubDate>Tue, 04 Dec 2018 00:57:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/the-misleading-claim-that-21-trillion-in-misspent-pentagon-funds-could-pay-for-medicare-for-all/</guid></item><item><title><![CDATA[How to Win a Huge Lottery Jackpot Without Ruining Your Life]]></title><description><![CDATA[Your first task after winning is to maintain anonymity as long as possible. And find a good lawyer.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/how-to-win-a-huge-lottery-jackpot-without-ruining-your-life/</link><pubDate>Tue, 23 Oct 2018 09:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/how-to-win-a-huge-lottery-jackpot-without-ruining-your-life/</guid></item><item><title><![CDATA[Charles B. Wang, Software Entrepreneur and New York Islanders Owner, Dies at 74]]></title><description><![CDATA[Mr. Wang was an entrepreneur and deal-maker who built a multibillion-dollar software business, then was a majority owner of the New York Islanders.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/charles-b-wang-software-entrepreneur-and-new-york-islanders-owner-dies-at-74/</link><pubDate>Tue, 23 Oct 2018 00:53:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/charles-b-wang-software-entrepreneur-and-new-york-islanders-owner-dies-at-74/</guid></item><item><title><![CDATA[Tesla Needs to Build Investor Trust. The Exit of Its Accountant Won’t Help.]]></title><description><![CDATA[The departure of Tesla&rsquo;s senior accountant comes as the electric-car maker is entering a crucial period in which there can be no uncertainty about its financial statements.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tesla-needs-to-build-investor-trust-the-exit-of-its-accountant-wont-help/</link><pubDate>Sun, 09 Sep 2018 23:42:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tesla-needs-to-build-investor-trust-the-exit-of-its-accountant-wont-help/</guid></item><item><title><![CDATA[Samsonite C.E.O. Resigns After Accusation of Résumé Fraud]]></title><description><![CDATA[A critical report by a short-selling investor has sent shares of the storied luggage maker, which is now listed in Hong Kong, on a wild ride.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/samsonite-ceo-resigns-after-accusation-of-rsum-fraud/</link><pubDate>Fri, 01 Jun 2018 13:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/samsonite-ceo-resigns-after-accusation-of-rsum-fraud/</guid></item><item><title><![CDATA[The Actor Incorporates]]></title><description><![CDATA[Anticipating the new tax law &mdash; which gets rid of deductible expenses &mdash; actors are looking into becoming corporations.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/the-actor-incorporates/</link><pubDate>Thu, 22 Mar 2018 22:21:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/the-actor-incorporates/</guid></item><item><title><![CDATA[Will Buffett’s Bet on Apple Work Out?: DealBook Briefing]]></title><description><![CDATA[Warren Buffett&rsquo;s annual letter showed that Berkshire Hathaway had substantially increased its stake in Apple. The wager has done pretty well, but will it continue to outperform?]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/will-buffetts-bet-on-apple-work-out-dealbook-briefing/</link><pubDate>Mon, 26 Feb 2018 14:32:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/will-buffetts-bet-on-apple-work-out-dealbook-briefing/</guid></item><item><title><![CDATA[Software that Crunches Numbers Needs Personality, Too]]></title><description><![CDATA[He loved doodling as a child. Now he creates animated squirrels and other images for an accounting software company.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/software-that-crunches-numbers-needs-personality-too/</link><pubDate>Fri, 09 Feb 2018 20:28:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/software-that-crunches-numbers-needs-personality-too/</guid></item><item><title><![CDATA[Accounting Investigation Adds to Challenges Facing G.E.]]></title><description><![CDATA[The uncertainty of an S.E.C. accounting investigation will only exacerbate the challenges facing General Electric&rsquo;s new chief executive, as he seeks to reorganize the company.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accounting-investigation-adds-to-challenges-facing-ge/</link><pubDate>Fri, 02 Feb 2018 23:22:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accounting-investigation-adds-to-challenges-facing-ge/</guid></item><item><title><![CDATA[U.S. Accuses Accountants of Trying to Game Reviews of KPMG Audits]]></title><description><![CDATA[Prosecutors charged five former KPMG employees and a former government accountant with plotting to help the auditing firm get a leg up in a regulatory review.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/us-accuses-accountants-of-trying-to-game-reviews-of-kpmg-audits/</link><pubDate>Mon, 22 Jan 2018 20:48:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/us-accuses-accountants-of-trying-to-game-reviews-of-kpmg-audits/</guid></item><item><title><![CDATA[New Oscar Rules Aim to Avoid Another Envelope Mix-up]]></title><description><![CDATA[The changes by PwC include the addition of a third accountant, backstage safeguards, and a directive to stay off social media and cellphones.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/new-oscar-rules-aim-to-avoid-another-envelope-mix-up/</link><pubDate>Mon, 22 Jan 2018 19:48:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/new-oscar-rules-aim-to-avoid-another-envelope-mix-up/</guid></item><item><title><![CDATA[After 20 Years of Financial Turmoil, a Columnist’s Last Shot]]></title><description><![CDATA[Scandals, crises and misdeeds have shaped the last two decades, along with market gyrations. Some episodes have brought positive change. But not all.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/after-20-years-of-financial-turmoil-a-columnists-last-shot/</link><pubDate>Fri, 10 Nov 2017 18:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/after-20-years-of-financial-turmoil-a-columnists-last-shot/</guid></item><item><title><![CDATA[PwC, the Accounting Giant, Will Open a Law Firm in the U.S.]]></title><description><![CDATA[The company formerly known as PricewaterhouseCoopers sees one-stop access to its services as a way to attract multinational businesses based in America.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pwc-the-accounting-giant-will-open-a-law-firm-in-the-us/</link><pubDate>Sat, 23 Sep 2017 01:14:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pwc-the-accounting-giant-will-open-a-law-firm-in-the-us/</guid></item><item><title><![CDATA[Sarbanes-Oxley, Bemoaned as a Burden, Is an Investor’s Ally]]></title><description><![CDATA[Corporate chiefs are pushing Congress to repeal a provision on internal controls. But a study shows just how effective it has been.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sarbanes-oxley-bemoaned-as-a-burden-is-an-investors-ally/</link><pubDate>Fri, 08 Sep 2017 20:23:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sarbanes-oxley-bemoaned-as-a-burden-is-an-investors-ally/</guid></item><item><title><![CDATA[Beware of Phishing Scams]]></title><description><![CDATA[There have been reported incidents of fraudulent emails purporting to be from the AICPA.&nbsp;&nbsp;Phishing scams attempt to obtain personal and financial information.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/beware-of-phishing-scams/</link><pubDate>Wed, 09 Aug 2017 12:38:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/beware-of-phishing-scams/</guid></item><item><title><![CDATA[Warren Buffett Invests in Canada, but Should You?]]></title><description><![CDATA[Canada&rsquo;s accounting standards are different from America&rsquo;s. For instance, Sears Canada was pronounced &ldquo;clean&rdquo; just before it went bankrupt....]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/warren-buffett-invests-in-canada-but-should-you/</link><pubDate>Fri, 07 Jul 2017 21:22:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/warren-buffett-invests-in-canada-but-should-you/</guid></item><item><title><![CDATA[Ukraine Cyberattack Was Meant to Paralyze, not Profit, Evidence Shows]]></title><description><![CDATA[Pinpointing the initial targets of the assault &mdash; Ukrainian accountants who use a tax preparation software required by the government &mdash; was a major clue....]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ukraine-cyberattack-was-meant-to-paralyze-not-profit-evidence-shows/</link><pubDate>Thu, 29 Jun 2017 01:50:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ukraine-cyberattack-was-meant-to-paralyze-not-profit-evidence-shows/</guid></item><item><title><![CDATA[Your Child’s Tuition Is Paid While You’re in Tahiti]]></title><description><![CDATA[Family office administrative services help the wealthy globe-trot without having to worry about household management.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/your-childs-tuition-is-paid-while-youre-in-tahiti/</link><pubDate>Fri, 16 Jun 2017 18:48:07 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/your-childs-tuition-is-paid-while-youre-in-tahiti/</guid></item><item><title><![CDATA[Fujifilm-Xerox Venture Ousts Executives Over Accounting Trouble]]></title><description><![CDATA[In corporate Japan&rsquo;s latest black eye, an investigating committee said the joint venture overstated revenue by $340 million over a five-year period.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/fujifilm-xerox-venture-ousts-executives-over-accounting-trouble/</link><pubDate>Mon, 12 Jun 2017 12:35:14 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/fujifilm-xerox-venture-ousts-executives-over-accounting-trouble/</guid></item><item><title><![CDATA[AFROSAI-E strengthens independent review of English speaking supreme audit institutions]]></title><description><![CDATA[The governing board of the African Organisation of English-speaking Supreme Audit Institutions (AFROSAI-E) has agreed on a rotation roster to independently review supreme audit institutions (SAI) in the region every three years.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/afrosai-e-strengthens-independent-review-of-english-speaking-supreme-audit-institutions/</link><pubDate>Fri, 09 Jun 2017 12:16:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/afrosai-e-strengthens-independent-review-of-english-speaking-supreme-audit-institutions/</guid></item><item><title><![CDATA[African organisation strengthens independent review of English speaking supreme audit institutions]]></title><description><![CDATA[The governing board of the African Organisation of English-speaking Supreme Audit Institutions (AFROSAI-E) has agreed on a rotation roster to independently review supreme audit institutions (SAI) in the region every three years.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/african-organisation-strengthens-independent-review-of-english-speaking-supreme-audit-institutions/</link><pubDate>Fri, 09 Jun 2017 12:16:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/african-organisation-strengthens-independent-review-of-english-speaking-supreme-audit-institutions/</guid></item><item><title><![CDATA[EFRAG is looking for new board members]]></title><description><![CDATA[The European Financial Reporting Advisory Group (EFRAG) has launched a call for candidates to serve its Board.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/efrag-is-looking-for-new-board-members/</link><pubDate>Fri, 09 Jun 2017 12:01:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/efrag-is-looking-for-new-board-members/</guid></item><item><title><![CDATA[CPA Australia’s CEO defends $1.8m pay packet]]></title><description><![CDATA[CPA Australia CEO Alex Malley has defended his $1.8m pay packet which was unveiled in CPA Australia&rsquo;s latest disclosure document, as well as countering contreversies over CPA Australia&rsquo;s subsidiary, CPA Advice.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/cpa-australias-ceo-defends-18m-pay-packet/</link><pubDate>Thu, 08 Jun 2017 17:39:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/cpa-australias-ceo-defends-18m-pay-packet/</guid></item><item><title><![CDATA[CPA Australia’s CEO defends $1.8m pay packet]]></title><description><![CDATA[CPA Australia CEO Alex Malley has defended his $1.8m pay packet which was unveiled in CPA Australia&rsquo;s latest disclosure document, as well as countering contreversies over CPA Australia&rsquo;s subsidiary, CPA Advice.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/cpa-australias-ceo-defends-18m-pay-packet/</link><pubDate>Thu, 08 Jun 2017 17:39:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/cpa-australias-ceo-defends-18m-pay-packet/</guid></item><item><title><![CDATA[Sixty eight countries sign a multilateral convention to reduce tax avoidance by multinational enterprises]]></title><description><![CDATA[Sixty eight jurisdictions have signed a multilateral convention which aims to reduce tax avoidance by multilateral enterprises.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sixty-eight-countries-sign-a-multilateral-convention-to-reduce-tax-avoidance-by-multinational-enterprises/</link><pubDate>Thu, 08 Jun 2017 12:48:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sixty-eight-countries-sign-a-multilateral-convention-to-reduce-tax-avoidance-by-multinational-enterprises/</guid></item><item><title><![CDATA[PCAOB censures BDO Hungary and a Deloitte Mexico senior manager]]></title><description><![CDATA[The Public Company Accounting Oversight Board (PCAOB) has issued two disciplinary orders censuring BDO Hungary and a senior manager from Deloitte Mexico.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pcaob-censures-bdo-hungary-and-a-deloitte-mexico-senior-manager/</link><pubDate>Wed, 07 Jun 2017 18:09:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pcaob-censures-bdo-hungary-and-a-deloitte-mexico-senior-manager/</guid></item><item><title><![CDATA[Deficit, brexit and SMEs must be priorities for incoming UK government, ICAEW President says]]></title><description><![CDATA[ICAEW&rsquo;s president Nick Parker has called for the incoming government to ensure it is equipped to tackle the deficit and handle Brexit while improving the business environment for SMEs.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/deficit-brexit-and-smes-must-be-priorities-for-incoming-uk-government-icaew-president-says/</link><pubDate>Wed, 07 Jun 2017 14:46:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/deficit-brexit-and-smes-must-be-priorities-for-incoming-uk-government-icaew-president-says/</guid></item><item><title><![CDATA[ETAF president expresses concern to MEP over European Commission Services e-Card proposal]]></title><description><![CDATA[Speaking to the Socialists and Democrats (S&amp;D) group of the European Parliament Committee on Internal Market and Consumer Protection (IMCO), Philippe Arraou, the president of the European Tax Adviser Federation (ETAF) and former president of the French Institute of accountants, expressed some concerns regarding the European Commission&rsquo;s proposal to introduce a European Services e-Card.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/etaf-president-expresses-concern-to-mep-over-european-commission-services-e-card-proposal/</link><pubDate>Wed, 07 Jun 2017 12:32:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/etaf-president-expresses-concern-to-mep-over-european-commission-services-e-card-proposal/</guid></item><item><title><![CDATA[PCAOB adopts new auditing standards and releases proposal on auditing accounting estimates]]></title><description><![CDATA[The Public Company Accounting Oversight Board (PCAOB) has adopted new auditing standards and has released a proposal for consultation on auditing accounting estimates.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pcaob-adopts-new-auditing-standards-and-releases-proposal-on-auditing-accounting-estimates/</link><pubDate>Wed, 07 Jun 2017 12:07:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pcaob-adopts-new-auditing-standards-and-releases-proposal-on-auditing-accounting-estimates/</guid></item><item><title><![CDATA[A4S publishes guide on social and human capital accounting]]></title><description><![CDATA[The Prince of Wales' Accounting for Sustainability project (A4S) has published a social and human capital accounting guide with practical examples and suggested tools and guidance for how social and human capital can be integrated into decision making.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/a4s-publishes-guide-on-social-and-human-capital-accounting/</link><pubDate>Tue, 06 Jun 2017 17:08:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/a4s-publishes-guide-on-social-and-human-capital-accounting/</guid></item><item><title><![CDATA[Natural Capital Coalition launches public consultation on an update to its framework]]></title><description><![CDATA[The Natural Capital Coalition has launched a public consultation on the Finance Sector Supplement to the Natural Capital Protocol which aims to help financial institutions incorporate the consideration of natural capital impacts and dependencies into their lending, investment and insurance practices and processes.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/natural-capital-coalition-launches-public-consultation-on-an-update-to-its-framework/</link><pubDate>Tue, 06 Jun 2017 17:04:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/natural-capital-coalition-launches-public-consultation-on-an-update-to-its-framework/</guid></item><item><title><![CDATA[CAQ to provide five grants to fund academic research on audit]]></title><description><![CDATA[The Centre for Audit Quality (CAQ) has announced that it will provide five grants to fund academic research on projects of interest to the auditing profession under its research grant programme.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/caq-to-provide-five-grants-to-fund-academic-research-on-audit/</link><pubDate>Tue, 06 Jun 2017 12:05:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/caq-to-provide-five-grants-to-fund-academic-research-on-audit/</guid></item><item><title><![CDATA[News brief: Expert wanted to help Botswana's transition to accrual accounting]]></title><description><![CDATA[Botswana is looking for a lead technician to manage the government's project of transitioning its finances from cash to accrual accounting.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-expert-wanted-to-help-botswanas-transition-to-accrual-accounting/</link><pubDate>Mon, 05 Jun 2017 12:31:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-expert-wanted-to-help-botswanas-transition-to-accrual-accounting/</guid></item><item><title><![CDATA[IFAC releases report to help accountants in business deal with technological changes]]></title><description><![CDATA[IFAC has released a report to help accountants in business remain relevant at a time of increasingly fast paced technological changes.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifac-releases-report-to-help-accountants-in-business-deal-with-technological-changes/</link><pubDate>Mon, 05 Jun 2017 12:18:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifac-releases-report-to-help-accountants-in-business-deal-with-technological-changes/</guid></item><item><title><![CDATA[Canadian regulator considers changes in its funding model]]></title><description><![CDATA[The Canadian Public Accountability Board (CPAB) has launched a public consultation on proposed changes to its current funding model.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/canadian-regulator-considers-changes-in-its-funding-model/</link><pubDate>Fri, 02 Jun 2017 17:17:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/canadian-regulator-considers-changes-in-its-funding-model/</guid></item><item><title><![CDATA[Djibouti joins the OECD’s BEPS framework]]></title><description><![CDATA[Djibouti has joined the OECD&rsquo;s inclusive framework on base erosion and profit shifting (BEPS) as well as the global forum on transparency and exchange of information for tax purposes.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/djibouti-joins-the-oecds-beps-framework/</link><pubDate>Fri, 02 Jun 2017 17:14:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/djibouti-joins-the-oecds-beps-framework/</guid></item><item><title><![CDATA[President Juncker grilled by the European Parliament Panama Papers inquiry committee]]></title><description><![CDATA[The European Commission president Jean-Claude Juncker faced a meticulous questioning about his current and past record on tax transparency and justice at a hearing of the European Parliament Committee of Inquiry into Money Laundering, tax Avoidance and Tax Evasion (PANA).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/president-juncker-grilled-by-the-european-parliament-panama-papers-inquiry-committee/</link><pubDate>Fri, 02 Jun 2017 14:54:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/president-juncker-grilled-by-the-european-parliament-panama-papers-inquiry-committee/</guid></item><item><title><![CDATA[Kenya and South Africa sign agreement of mutual recognition of their designations]]></title><description><![CDATA[The South African Institute of Chartered Accountants (SAICA) and the Institute of Certified Public Accountants of Kenya (ICPAK) have signed a Memorandum of Recognition (MoR) to ensure their designations are mutually recognised at the same level by the two institutes.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kenya-and-south-africa-sign-agreement-of-mutual-recognition-of-their-designations/</link><pubDate>Fri, 02 Jun 2017 13:18:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kenya-and-south-africa-sign-agreement-of-mutual-recognition-of-their-designations/</guid></item><item><title><![CDATA[CAQ highlights CPAs role in addressing cybersecurity risks]]></title><description><![CDATA[The centre for audit quality (CAQ) has released a new white paper highlighting the role of the audit profession in tackling cybersecurity risks.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/caq-highlights-cpas-role-in-addressing-cybersecurity-risks/</link><pubDate>Thu, 01 Jun 2017 14:35:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/caq-highlights-cpas-role-in-addressing-cybersecurity-risks/</guid></item><item><title><![CDATA[Accountants see Brexit as a risk rather than an opportunity, survey reveals]]></title><description><![CDATA[Nearly half (40%) of professional accountants working in financial services globally see Brexit as a risk with only 16% identifying it as an opportunity, according to a survey by the ACCA.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accountants-see-brexit-as-a-risk-rather-than-an-opportunity-survey-reveals/</link><pubDate>Thu, 01 Jun 2017 11:48:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accountants-see-brexit-as-a-risk-rather-than-an-opportunity-survey-reveals/</guid></item><item><title><![CDATA[News brief: EITI developments in Liberia, Mali and Suriname]]></title><description><![CDATA[At its board meeting held earlier this week, the Extractive Industries Transparency Initiative (EITI) found that Liberia and Mali had made meaningful progress in implementing the EITI Standard. The EITI has also approved Suriname&rsquo;s candidature application.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-eiti-developments-in-liberia-mali-and-suriname/</link><pubDate>Wed, 31 May 2017 12:45:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-eiti-developments-in-liberia-mali-and-suriname/</guid></item><item><title><![CDATA[SASB commissions research on the economic impacts of its standards]]></title><description><![CDATA[The Sustainability Accounting Standards Board (SASB) has commissioned an independent analysis to understand the potential costs and benefits of implementing SASB&rsquo;s standards for listed USA companies.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sasb-commissions-research-on-the-economic-impacts-of-its-standards/</link><pubDate>Wed, 31 May 2017 12:34:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sasb-commissions-research-on-the-economic-impacts-of-its-standards/</guid></item><item><title><![CDATA[SAICA and the Association of International Certified Professional Accountants sign pathway agreement]]></title><description><![CDATA[The South African Institute of Chartered Accountants (SAICA) and the Association of International Certified Professional Accountants [represented by the Chartered Institute of Management Accountants (CIMA)] have signed a five-year membership pathway agreement.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/saica-and-the-association-of-international-certified-professional-accountants-sign-pathway-agreement/</link><pubDate>Tue, 30 May 2017 13:29:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/saica-and-the-association-of-international-certified-professional-accountants-sign-pathway-agreement/</guid></item><item><title><![CDATA[PCAOB to consider adopting standard on auditor report]]></title><description><![CDATA[The Public Company Accounting Oversight Board (PCAOB) has announced it will be holding a public meeting on 1 June 2017 to consider the adoption of new standard that would provide additional information in the auditor&rsquo;s report.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pcaob-to-consider-adopting-standard-on-auditor-report/</link><pubDate>Fri, 26 May 2017 13:52:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pcaob-to-consider-adopting-standard-on-auditor-report/</guid></item><item><title><![CDATA[News brief: Japan reiterates support for IFRS]]></title><description><![CDATA[Japan&rsquo;s Financial Accounting Standards Foundation (FASF) and the IFRS Foundation trustees have in a statement reiterated their shared commitment in supporting companies to adopt IFRS in Japan.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-japan-reiterates-support-for-ifrs/</link><pubDate>Fri, 26 May 2017 12:20:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-japan-reiterates-support-for-ifrs/</guid></item><item><title><![CDATA[The number of accountants in the workforce correlates with a country’s ranking in Transparency International corruption perception index]]></title><description><![CDATA[A larger number of professional accountants in the workforce correlates to a better ranking in Transparency International corruption perception index, according to a study by the International Federation of Accountants (IFAC).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/the-number-of-accountants-in-the-workforce-correlates-with-a-countrys-ranking-in-transparency-international-corruption-perception-index/</link><pubDate>Fri, 26 May 2017 12:03:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/the-number-of-accountants-in-the-workforce-correlates-with-a-countrys-ranking-in-transparency-international-corruption-perception-index/</guid></item><item><title><![CDATA[CIPFA to deliver apprenticeships]]></title><description><![CDATA[The Chartered Institute of Public Finance and Accountancy (CIPFA) has announced it will start delivering accountancy and finance apprenticeships in the autumn of this year, after having been approved earlier this week on the Education and Skills Funding Agency&rsquo;s (ESFA) Registered of Apprenticeship Training Providers.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/cipfa-to-deliver-apprenticeships/</link><pubDate>Thu, 25 May 2017 16:04:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/cipfa-to-deliver-apprenticeships/</guid></item><item><title><![CDATA[Businesses form group to identify natural and social capital valuation techniques]]></title><description><![CDATA[Fifteen companies, most of them members of the World Business Council for Sustainable Development (WBCSD) have formed an informal group called the Impact Valuation Roundtable (IVR) to share best practices in order to identify the best valuation techniques for natural and social capital.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/businesses-form-group-to-identify-natural-and-social-capital-valuation-techniques/</link><pubDate>Thu, 25 May 2017 13:15:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/businesses-form-group-to-identify-natural-and-social-capital-valuation-techniques/</guid></item><item><title><![CDATA[We Mean Business coalition urges the G20 to adopt the Task Force on Climate-related Financial Disclosure recommendations]]></title><description><![CDATA[The We Mean Business coalition has called upon the G20 governments to adopt the recommendations of the Task Force on Climate-related Financial Disclosure (TCFD).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/we-mean-business-coalition-urges-the-g20-to-adopt-the-task-force-on-climate-related-financial-disclosure-recommendations/</link><pubDate>Thu, 25 May 2017 12:57:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/we-mean-business-coalition-urges-the-g20-to-adopt-the-task-force-on-climate-related-financial-disclosure-recommendations/</guid></item><item><title><![CDATA[News brief: AAT becomes member of the Association of Professional Political Consultants]]></title><description><![CDATA[The Association of Accounting Technicians (AAT) has been approved as a member of the Association of Professional Political Consultants (APPC).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-aat-becomes-member-of-the-association-of-professional-political-consultants/</link><pubDate>Wed, 24 May 2017 17:57:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-aat-becomes-member-of-the-association-of-professional-political-consultants/</guid></item><item><title><![CDATA[News brief: AAT becomes member of the Association of Professional Political Consultants]]></title><description><![CDATA[The Association of Accounting Technicians (AAT) has been approved as a member of the Association of Professional Political Consultants (APPC).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-aat-becomes-member-of-the-association-of-professional-political-consultants/</link><pubDate>Wed, 24 May 2017 17:57:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-aat-becomes-member-of-the-association-of-professional-political-consultants/</guid></item><item><title><![CDATA[European accountancy stakeholders defend EFRAG’s role and record against EU Commission plans of “streamlining”]]></title><description><![CDATA[Accountancy stakeholders from across Europe have responded strongly against plans from the European Union (EU) Commission of &ldquo;streamlining&rdquo; the endorsement process of accounting standards in the EU by giving the European Securities and Markets Authority (ESMA) an advisory role.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/european-accountancy-stakeholders-defend-efrags-role-and-record-against-eu-commission-plans-of-streamlining/</link><pubDate>Wed, 24 May 2017 17:31:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/european-accountancy-stakeholders-defend-efrags-role-and-record-against-eu-commission-plans-of-streamlining/</guid></item><item><title><![CDATA[European accountancy stakeholders defend EFRAG’s role and record against EU Commission plans of “streamlining”]]></title><description><![CDATA[Accountancy stakeholders from across Europe have responded strongly against plans from the European Union (EU) Commission of &ldquo;streamlining&rdquo; the endorsement process of accounting standards in the EU by giving the European Securities and Markets Authority (ESMA) an advisory role.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/european-accountancy-stakeholders-defend-efrags-role-and-record-against-eu-commission-plans-of-streamlining/</link><pubDate>Wed, 24 May 2017 17:31:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/european-accountancy-stakeholders-defend-efrags-role-and-record-against-eu-commission-plans-of-streamlining/</guid></item><item><title><![CDATA[Professional learning should be redefined to develop future-ready professional accountants]]></title><description><![CDATA[A solution to current disruptions in the global economy, politics and skills obsolescence, due to technological revolution, is professional learning, according to a report by the Institute of Singapore Chartered Accountants (ISCA) and the Institute of Chartered Accountants in England and Wales (ICAEW).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/professional-learning-should-be-redefined-to-develop-future-ready-professional-accountants/</link><pubDate>Tue, 23 May 2017 17:45:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/professional-learning-should-be-redefined-to-develop-future-ready-professional-accountants/</guid></item><item><title><![CDATA[Italy’s experience reveals the extent of the challenge for the EU’s public sectors adoption of accrual accounting]]></title><description><![CDATA[Despite the European Union&rsquo;s (EU) aspirations, the move to European Public Sector Accounting Standards (EPSAS) may take more time and be more difficult than anticipated as EPSAS will have to deal with a number of social, cultural, and political factors individual to each member state, according to a research by Newcastle University London professor of accounting and finance Ileana Steccolini.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/italys-experience-reveals-the-extent-of-the-challenge-for-the-eus-public-sectors-adoption-of-accrual-accounting/</link><pubDate>Tue, 23 May 2017 17:26:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/italys-experience-reveals-the-extent-of-the-challenge-for-the-eus-public-sectors-adoption-of-accrual-accounting/</guid></item><item><title><![CDATA[Answers vary on the accountancy professions role in achieving UN global goals]]></title><description><![CDATA[Members of Chartered Accountants Worldwide (CAW) were invited to a discussion earlier this week on the role of the profession in achieving the United Nations&rsquo; Sustainable Development Goals (SDGs), however consensus on the most important goal was hard to find.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/answers-vary-on-the-accountancy-professions-role-in-achieving-un-global-goals/</link><pubDate>Tue, 23 May 2017 15:46:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/answers-vary-on-the-accountancy-professions-role-in-achieving-un-global-goals/</guid></item><item><title><![CDATA[SASB Foundation launches membership programme with educational purposes]]></title><description><![CDATA[The Sustainability Accounting Standards Board (SASB) Foundation has launched the SASB Alliance, a membership programme offering education and resources to help individuals and organisations in the practice of sustainability accounting and disclosure.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sasb-foundation-launches-membership-programme-with-educational-purposes/</link><pubDate>Mon, 22 May 2017 15:13:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sasb-foundation-launches-membership-programme-with-educational-purposes/</guid></item><item><title><![CDATA[Brexit uncertainty pushes towards contractors rather than permanent staff]]></title><description><![CDATA[Businesses are pushed by their uncertainty over Brexit to use contractors instead of hiring permanent staff, leading to non-EU accountants being brought in to plug skills gaps, according to SJD Accountancy statistics.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/brexit-uncertainty-pushes-towards-contractors-rather-than-permanent-staff/</link><pubDate>Mon, 22 May 2017 12:55:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/brexit-uncertainty-pushes-towards-contractors-rather-than-permanent-staff/</guid></item><item><title><![CDATA[Brexit uncertainty leads to hiring contractors rather than permanent staff]]></title><description><![CDATA[Businesses are pushed by their uncertainty over Brexit to use contractors instead of hiring permanent staff, leading to non-EU accountants being brought in to plug skills gaps, according to SJD Accountancy statistics.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/brexit-uncertainty-leads-to-hiring-contractors-rather-than-permanent-staff/</link><pubDate>Mon, 22 May 2017 12:55:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/brexit-uncertainty-leads-to-hiring-contractors-rather-than-permanent-staff/</guid></item><item><title><![CDATA[FTSE 100 fail to provide ethical information to shareholders, according to CIIA]]></title><description><![CDATA[The FTSE 100 is failing to provide shareholders with appropriate information on ethics, according to a research by the Chartered Institute of Internal Auditors (CIIA). Only 22% of FTSE 100 companies have included ethical performance metrics in their latest annual reports which is slightly less than last year when 23% of them had such disclosures, CIIA&rsquo;s research has found.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ftse-100-fail-to-provide-ethical-information-to-shareholders-according-to-ciia/</link><pubDate>Fri, 19 May 2017 19:32:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ftse-100-fail-to-provide-ethical-information-to-shareholders-according-to-ciia/</guid></item><item><title><![CDATA[Making Tax Digital tops the Accountex agenda]]></title><description><![CDATA[Legislation for Making Tax Digital (MTD) was removed last month from the Finance Bill 2017, yet it has topped the agenda of the sixth edition of Accountex, as professionals remain aware that it is still on schedule to arrive by 2020.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/making-tax-digital-tops-the-accountex-agenda/</link><pubDate>Fri, 19 May 2017 18:27:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/making-tax-digital-tops-the-accountex-agenda/</guid></item><item><title><![CDATA[Tax information exchange agreement signed between USA and Netherlands]]></title><description><![CDATA[The USA government has signed a tax information exchange agreement with the Netherlands for income and taxes paid of multinational companies to be automatically exchanged between the Dutch Tax and Customs Administration and the USA tax authorities.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tax-information-exchange-agreement-signed-between-usa-and-netherlands/</link><pubDate>Fri, 19 May 2017 15:32:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tax-information-exchange-agreement-signed-between-usa-and-netherlands/</guid></item><item><title><![CDATA[CA Sri Lanka sign separate agreements with CIMA and local university in a bid to grow the profession]]></title><description><![CDATA[The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has signed a Memorandum of Agreement (MoA) and a Memorandum of Understanding (MoU) with the Chartered Institute of Management Accountants (CIMA) and with the Department of Accountancy (DoA) of the Wayamba University respectively.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ca-sri-lanka-sign-separate-agreements-with-cima-and-local-university-in-a-bid-to-grow-the-profession/</link><pubDate>Fri, 19 May 2017 12:12:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ca-sri-lanka-sign-separate-agreements-with-cima-and-local-university-in-a-bid-to-grow-the-profession/</guid></item><item><title><![CDATA[AICPA suggests review of six regulations to reduce tax regulatory burdens]]></title><description><![CDATA[As the USA Secretary of the Treasury looks at reviewing tax regulations to reduce regulatory burdens, the American Institute of CPAs (AICPA) has published a letter suggesting six regulatory items it feels should fall under that review.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/aicpa-suggests-review-of-six-regulations-to-reduce-tax-regulatory-burdens/</link><pubDate>Thu, 18 May 2017 18:15:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/aicpa-suggests-review-of-six-regulations-to-reduce-tax-regulatory-burdens/</guid></item><item><title><![CDATA[CA ANZ appoints transformation leader as CEO]]></title><description><![CDATA[Chartered Accountants Australia and New Zealand (CA ANZ) has appointed Rick Ellis, a transformation leader with a background form the IT industry, as chief executive officer, effective end of July 2017.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ca-anz-appoints-transformation-leader-as-ceo/</link><pubDate>Thu, 18 May 2017 15:47:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ca-anz-appoints-transformation-leader-as-ceo/</guid></item><item><title><![CDATA[IASB issues IFRS 17 in insurance accounting shake up]]></title><description><![CDATA[The profession has welcomed IFRS 17, issued by the International Accounting Standards Board (IASB), however it warned of the complexity and cost of implementation for businesses.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/iasb-issues-ifrs-17-in-insurance-accounting-shake-up/</link><pubDate>Thu, 18 May 2017 13:02:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/iasb-issues-ifrs-17-in-insurance-accounting-shake-up/</guid></item><item><title><![CDATA[IASB issues IFRS 17 in insurance accounting shake up]]></title><description><![CDATA[The profession has welcomed IFRS 17, issued by the International Accounting Standards Board (IASB), however it warned of the complexity and cost of implementation for businesses.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/iasb-issues-ifrs-17-in-insurance-accounting-shake-up/</link><pubDate>Thu, 18 May 2017 13:02:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/iasb-issues-ifrs-17-in-insurance-accounting-shake-up/</guid></item><item><title><![CDATA[CIPFA’s Brexit advisory commission recommends further reform and devolution post Brexit]]></title><description><![CDATA[The independent Brexit advisory commission for public services, launched by the Chartered Institute of Public Finance and Accountancy (CIPFA) in March, has released its first five key recommendations for the UK future government.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/cipfas-brexit-advisory-commission-recommends-further-reform-and-devolution-post-brexit/</link><pubDate>Thu, 18 May 2017 12:20:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/cipfas-brexit-advisory-commission-recommends-further-reform-and-devolution-post-brexit/</guid></item><item><title><![CDATA[CIPFA’s Brexit advisory commission recommends further reform and devolution post Brexit]]></title><description><![CDATA[The independent Brexit advisory commission for public services, launched by the Chartered Institute of Public Finance and Accountancy (CIPFA) in March, has released its first five key recommendations for the UK future government.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/cipfas-brexit-advisory-commission-recommends-further-reform-and-devolution-post-brexit/</link><pubDate>Thu, 18 May 2017 12:20:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/cipfas-brexit-advisory-commission-recommends-further-reform-and-devolution-post-brexit/</guid></item><item><title><![CDATA[News brief, standards setting: Canada revises audit standards and Australia publishes guidance for tax transparency]]></title><description><![CDATA[Canada has made revisions to its audit standards and Australia has published guidance for tax transparency]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-standards-setting-canada-revises-audit-standards-and-australia-publishes-guidance-for-tax-transparency/</link><pubDate>Wed, 17 May 2017 16:46:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-standards-setting-canada-revises-audit-standards-and-australia-publishes-guidance-for-tax-transparency/</guid></item><item><title><![CDATA[More OECD countries have adopted accrual accounting however IPSAS adoption remains low]]></title><description><![CDATA[A report by the International Federation of Accountants (IFAC) and the Organisation for Economic Co-operation and Development (OECD) highlighted that while adoption of accrual accounting by OECD countries has increased, few have adopted International Public Sector Accounting Standards (IPSAS).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/more-oecd-countries-have-adopted-accrual-accounting-however-ipsas-adoption-remains-low/</link><pubDate>Wed, 17 May 2017 13:44:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/more-oecd-countries-have-adopted-accrual-accounting-however-ipsas-adoption-remains-low/</guid></item><item><title><![CDATA[IPSASB Biennial Review outlines developments and challenges in 2015-2016]]></title><description><![CDATA[The International Public Sector Accounting Standards Board (IPSASB) has published its Biennial Review for the year 2015 &ndash; 2016 to summarise in detail its activity in the public sector.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ipsasb-biennial-review-outlines-developments-and-challenges-in-2015-2016/</link><pubDate>Tue, 16 May 2017 15:23:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ipsasb-biennial-review-outlines-developments-and-challenges-in-2015-2016/</guid></item><item><title><![CDATA[IFRS Foundation and World Bank sign MoU to promote IFRS in developing economies]]></title><description><![CDATA[The IFRS Foundation and the World Bank have signed a Memorandum of Understanding (MoU) to assist developing economies in improving their use of IFRS.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifrs-foundation-and-world-bank-sign-mou-to-promote-ifrs-in-developing-economies/</link><pubDate>Tue, 16 May 2017 12:52:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifrs-foundation-and-world-bank-sign-mou-to-promote-ifrs-in-developing-economies/</guid></item><item><title><![CDATA[IFRS Foundation and World Bank sign MoU to improve the use of IFRS in developing economies]]></title><description><![CDATA[The IFRS Foundation and the World Bank have signed a Memorandum of Understanding (MoU) to assist developing economies in improving their use of IFRS.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifrs-foundation-and-world-bank-sign-mou-to-improve-the-use-of-ifrs-in-developing-economies/</link><pubDate>Tue, 16 May 2017 12:52:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifrs-foundation-and-world-bank-sign-mou-to-improve-the-use-of-ifrs-in-developing-economies/</guid></item><item><title><![CDATA[AAOIFI publishes its 58th standards]]></title><description><![CDATA[The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has published and approved a final standards with regards to repurchase transactions and the applicable Shari&rsquo;ah rulings for the Islamic financial institutions.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/aaoifi-publishes-its-58th-standards/</link><pubDate>Mon, 15 May 2017 16:22:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/aaoifi-publishes-its-58th-standards/</guid></item><item><title><![CDATA[South African and Namibian institutes sign recognition of mutual agreement]]></title><description><![CDATA[The South African Institute of Chartered Accountants (SAICA) and the Institute of Chartered Accountants of Namibia (ICAN) have signed a recognition of mutual agreement (RMA) opening reciprocal membership to their respective members.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/south-african-and-namibian-institutes-sign-recognition-of-mutual-agreement/</link><pubDate>Mon, 15 May 2017 13:09:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/south-african-and-namibian-institutes-sign-recognition-of-mutual-agreement/</guid></item><item><title><![CDATA[A Little-Known Accounting Change Could Have a Big Impact]]></title><description><![CDATA[The change in how companies must value investments in other companies could cause major distortions in earnings reports.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/a-little-known-accounting-change-could-have-a-big-impact/</link><pubDate>Sat, 13 May 2017 00:41:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/a-little-known-accounting-change-could-have-a-big-impact/</guid></item><item><title><![CDATA[ACCA and CA ANZ to co-locate their teams but say there is no M&amp;A in sight]]></title><description><![CDATA[The Association of Chartered Certified Accountants (ACCA) and the Chartered Accountants Australia and New Zealand (CA ANZ) will co-locate their teams in several markets as they reach the first anniversary of their strategic alliance.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/acca-and-ca-anz-to-co-locate-their-teams-but-say-there-is-no-mampa-in-sight/</link><pubDate>Fri, 12 May 2017 17:30:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/acca-and-ca-anz-to-co-locate-their-teams-but-say-there-is-no-mampa-in-sight/</guid></item><item><title><![CDATA[ACCA and CA ANZ to co-locate their teams but say there is no M&amp;A in sight]]></title><description><![CDATA[The Association of Chartered Certified Accountants (ACCA) and the Chartered Accountants Australia and New Zealand (CA ANZ) will co-locate their teams in several markets as they reach the first anniversary of their strategic alliance.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/acca-and-ca-anz-to-co-locate-their-teams-but-say-there-is-no-mampa-in-sight/</link><pubDate>Fri, 12 May 2017 17:30:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/acca-and-ca-anz-to-co-locate-their-teams-but-say-there-is-no-mampa-in-sight/</guid></item><item><title><![CDATA[SASB announces members of the inaugural SASB Standards Board]]></title><description><![CDATA[The board of directors of the Sustainability Accounting Standards Board (SASB) Foundation has announced the appointment of nine members to its inaugural SASB Standards Board, responsible for the oversight of SASB standards.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sasb-announces-members-of-the-inaugural-sasb-standards-board/</link><pubDate>Fri, 12 May 2017 17:06:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sasb-announces-members-of-the-inaugural-sasb-standards-board/</guid></item><item><title><![CDATA[SASB announces members of the inaugural SASB Standards Board]]></title><description><![CDATA[The board of directors of the Sustainability Accounting Standards Board (SASB) Foundation has announced the appointment of nine members to its inaugural SASB Standards Board, responsible for the oversight of SASB standards.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sasb-announces-members-of-the-inaugural-sasb-standards-board/</link><pubDate>Fri, 12 May 2017 17:06:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sasb-announces-members-of-the-inaugural-sasb-standards-board/</guid></item><item><title><![CDATA[The European Commission adopts initiatives to enhance the EU single market]]></title><description><![CDATA[The European Commission (EC) has adopted three initiatives aiming at making the European Union (EU) single market work better for citizens and businesses.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/the-european-commission-adopts-initiatives-to-enhance-the-eu-single-market/</link><pubDate>Fri, 12 May 2017 16:54:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/the-european-commission-adopts-initiatives-to-enhance-the-eu-single-market/</guid></item><item><title><![CDATA[The European Commission adopts initiatives to enhance the EU single market]]></title><description><![CDATA[The European Commission (EC) has adopted three initiatives aiming at making the European Union (EU) single market work better for citizens and businesses.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/the-european-commission-adopts-initiatives-to-enhance-the-eu-single-market/</link><pubDate>Fri, 12 May 2017 16:54:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/the-european-commission-adopts-initiatives-to-enhance-the-eu-single-market/</guid></item><item><title><![CDATA[A strong profession in Africa means a strong global profession, IFAC president Rachel Grimes says]]></title><description><![CDATA[Kampala (Uganda) / London (UK). While attending the Pan African Federation of Accountants (PAFA) annual general meeting in Uganda, IFAC president Rachel Grimes, addressed PAFA members and praised the role they play in international institutions as well as PAFA&rsquo;s role as a champion of African solutions for Africa.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/a-strong-profession-in-africa-means-a-strong-global-profession-ifac-president-rachel-grimes-says/</link><pubDate>Fri, 12 May 2017 16:05:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/a-strong-profession-in-africa-means-a-strong-global-profession-ifac-president-rachel-grimes-says/</guid></item><item><title><![CDATA[A strong profession in Africa means a strong global profession, IFAC president Rachel Grimes says]]></title><description><![CDATA[Kampala (Uganda) / London (UK). While attending the Pan African Federation of Accountants (PAFA) annual general meeting in Uganda, IFAC president Rachel Grimes, addressed PAFA members and praised the role they play in international institutions as well as PAFA&rsquo;s role as a champion of African solutions for Africa.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/a-strong-profession-in-africa-means-a-strong-global-profession-ifac-president-rachel-grimes-says/</link><pubDate>Fri, 12 May 2017 16:05:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/a-strong-profession-in-africa-means-a-strong-global-profession-ifac-president-rachel-grimes-says/</guid></item><item><title><![CDATA[PAFA’s outgoing president assesses achievements under her tenure and lays down the priorities for the next board]]></title><description><![CDATA[Kampala (Uganda) / London (UK). The Pan African Federation of Accountants (PAFA) outgoing president Asmaa Resmouki, presented her president report, at PAFA's annual general meeting (AGM), held on the side-lines of the African Congress of Accountants 2017 (ACOA17), outlining the federation&rsquo;s achievement under her tenure and PAFA&rsquo;s priorities for 2017.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pafas-outgoing-president-assesses-achievements-under-her-tenure-and-lays-down-the-priorities-for-the-next-board/</link><pubDate>Fri, 12 May 2017 15:14:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pafas-outgoing-president-assesses-achievements-under-her-tenure-and-lays-down-the-priorities-for-the-next-board/</guid></item><item><title><![CDATA[PAFA’s outgoing president assesses achievements under her tenure and lays down the priorities for the next board]]></title><description><![CDATA[Kampala (Uganda) / London (UK). The Pan African Federation of Accountants (PAFA) outgoing president Asmaa Resmouki, presented her president report, at PAFA's annual general meeting (AGM), held on the side-lines of the African Congress of Accountants 2017 (ACOA17), outlining the federation&rsquo;s achievement under her tenure and PAFA&rsquo;s priorities for 2017.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pafas-outgoing-president-assesses-achievements-under-her-tenure-and-lays-down-the-priorities-for-the-next-board/</link><pubDate>Fri, 12 May 2017 15:14:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pafas-outgoing-president-assesses-achievements-under-her-tenure-and-lays-down-the-priorities-for-the-next-board/</guid></item><item><title><![CDATA[Pan African Federation of Accountants elects new president and board]]></title><description><![CDATA[Kampala (Uganda) / London (UK). The Pan African Federation of Accountants (PAFA) has elected Koos du Toit, CEO of the Institute of Chartered Accountants of Namibia, as its president for a two year mandate.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pan-african-federation-of-accountants-elects-new-president-and-board/</link><pubDate>Fri, 12 May 2017 15:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pan-african-federation-of-accountants-elects-new-president-and-board/</guid></item><item><title><![CDATA[Pan African Federation of Accountants elects new president and board]]></title><description><![CDATA[Kampala (Uganda) / London (UK). The Pan African Federation of Accountants (PAFA) has elected Koos du Toit, CEO of the Institute of Chartered Accountants of Namibia, as its president for a two year mandate.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pan-african-federation-of-accountants-elects-new-president-and-board/</link><pubDate>Fri, 12 May 2017 15:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pan-african-federation-of-accountants-elects-new-president-and-board/</guid></item><item><title><![CDATA[ACCA recommendations to tackle cognitive bias in audit]]></title><description><![CDATA[The Association of Certified Chartered Accountants (ACCA) has recommended changes to standard &ndash;setting, regulatory and audit process to tackle cognitive bias and improve audit quality.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/acca-recommendations-to-tackle-cognitive-bias-in-audit/</link><pubDate>Fri, 12 May 2017 13:05:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/acca-recommendations-to-tackle-cognitive-bias-in-audit/</guid></item><item><title><![CDATA[Head of China standard setting appointed to IASB board]]></title><description><![CDATA[The IFRS Foundation trustees have appointed Jianqiao Lu, director of the accounting regulatory department at China&rsquo;s Ministry of Finance (MoF) as a member to the International Accounting Standards Board (IASB) board, effective from August 2017 for an initial term of five years.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/head-of-china-standard-setting-appointed-to-iasb-board/</link><pubDate>Fri, 12 May 2017 11:47:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/head-of-china-standard-setting-appointed-to-iasb-board/</guid></item><item><title><![CDATA[News brief: PwC UK fined £5m for misconduct]]></title><description><![CDATA[The UK Financial Reporting Council (FRC) has fined PwC UK and its former audit partner Stephen Harrisson, &pound; 5m and &pound;150,000 respectively for misconduct in relation to the 2009 audit of Connaught plc, a FTSE 250 company which went into administration in 2010.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-pwc-uk-fined-5m-for-misconduct/</link><pubDate>Thu, 11 May 2017 12:58:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-pwc-uk-fined-5m-for-misconduct/</guid></item><item><title><![CDATA[News brief: ICAEW membership grows 15% in last 10 years]]></title><description><![CDATA[Across the last decade, ICAEW membership has grown by 19,000 (15%) to 147,538 and student numbers have increased by over 120% in the ten years.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-icaew-membership-grows-15-in-last-10-years/</link><pubDate>Tue, 09 May 2017 16:40:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-icaew-membership-grows-15-in-last-10-years/</guid></item><item><title><![CDATA[USA finance professionals call to preserve the Sarbanes-Oxley Act as it is]]></title><description><![CDATA[The Centre for Audit Quality (CAQ), the Council of Institutional Investors (CII), and the CFA Institute have jointly presented their opposition to any legislation which could erode Section 404(b) of the Sarbanes Oxley-Act (SOX) or amend the definition of &lsquo;accelerated filer&rsquo; defined under the Securities Exchange Act of 1934, in a joint letter to the USA House Financial Services Committee leadership.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/usa-finance-professionals-call-to-preserve-the-sarbanes-oxley-act-as-it-is/</link><pubDate>Tue, 09 May 2017 15:32:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/usa-finance-professionals-call-to-preserve-the-sarbanes-oxley-act-as-it-is/</guid></item><item><title><![CDATA[EITI calls on Niger to enforce adopted reforms for greater transparency in its extractives sector]]></title><description><![CDATA[The Extractive Industries Transparency Initiative (EITI)&nbsp;has called on Niger's government to enforce reforms adopted in 2010 in order to foster greater transparency in its extractives sector.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eiti-calls-on-niger-to-enforce-adopted-reforms-for-greater-transparency-in-its-extractives-sector/</link><pubDate>Mon, 08 May 2017 15:54:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eiti-calls-on-niger-to-enforce-adopted-reforms-for-greater-transparency-in-its-extractives-sector/</guid></item><item><title><![CDATA[EU Data protection rules will directly impact professional accountants]]></title><description><![CDATA[The General Data Protection Regulation (GDPR) coming into force in the EU from 25 May 2018 will apply to everyone dealing with personal data information, stored online or on paper. Professional accountants that currently deal with collecting, storing and processing personal data in relation to clients, employees and subcontractors will be directly impacted by these requirements.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eu-data-protection-rules-will-directly-impact-professional-accountants/</link><pubDate>Fri, 05 May 2017 17:53:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eu-data-protection-rules-will-directly-impact-professional-accountants/</guid></item><item><title><![CDATA[News brief: FRC launches investigation into KPMG’s audit for Rolls Royce]]></title><description><![CDATA[The Financial Reporting Council (FRC) has begun an investigation into the conduct of KPMG regarding the audit of Rolls Royce&rsquo;s financial statements.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-frc-launches-investigation-into-kpmgs-audit-for-rolls-royce/</link><pubDate>Fri, 05 May 2017 17:10:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-frc-launches-investigation-into-kpmgs-audit-for-rolls-royce/</guid></item><item><title><![CDATA[Audit committees can contribute further to audit quality, IFIAR]]></title><description><![CDATA[Audit committees around the globe should focus on more and better communication as well as defining better criteria that determine their independence and requires skills and expertise in order to improve audit quality, according to a report by the International Fo&shy;rum of In&shy;de&shy;pen&shy;dent Au&shy;dit Regu&shy;la&shy;tors (IFIAR).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/audit-committees-can-contribute-further-to-audit-quality-ifiar/</link><pubDate>Thu, 04 May 2017 17:39:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/audit-committees-can-contribute-further-to-audit-quality-ifiar/</guid></item><item><title><![CDATA[FRC publishes framework to improve quality for future digital reporting]]></title><description><![CDATA[The Financial Reporting Council (FRC) Lab has published a framework for future digital reporting, to improve quality and for views to be shared by preparers, investors and others.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-publishes-framework-to-improve-quality-for-future-digital-reporting/</link><pubDate>Wed, 03 May 2017 12:07:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-publishes-framework-to-improve-quality-for-future-digital-reporting/</guid></item><item><title><![CDATA[African Integrated Reporting Committee announced at ACOA 2017]]></title><description><![CDATA[Kampala, Uganda. An Integrated Reporting Committee for Africa has been announced at the AGM of the Pan-African Federation of Accountants (PAFA) held in Uganda as part of the 4th African Congress of Accountants (ACOA17).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/african-integrated-reporting-committee-announced-at-acoa-2017/</link><pubDate>Wed, 03 May 2017 11:49:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/african-integrated-reporting-committee-announced-at-acoa-2017/</guid></item><item><title><![CDATA[AICPA issues cybersecurity risk management framework]]></title><description><![CDATA[The American Institute of CPAs (AICPA) has introduced a cybersecurity risk management reporting framework to help businesses meet the growing challenge of cybersecurity attacks.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/aicpa-issues-cybersecurity-risk-management-framework/</link><pubDate>Wed, 03 May 2017 11:33:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/aicpa-issues-cybersecurity-risk-management-framework/</guid></item><item><title><![CDATA[Canada Securities Administrators launch consultation on oversight requirements for foreign audit firms]]></title><description><![CDATA[The Canadian Securities Administrators (CSA) has launched a consultation paper entitled Auditor Oversight Issues in Foreign Jurisdictions on 25 April seeking input on whether specific oversight requirements should be introduced for audits done by foreign firms.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/canada-securities-administrators-launch-consultation-on-oversight-requirements-for-foreign-audit-firms/</link><pubDate>Wed, 03 May 2017 11:07:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/canada-securities-administrators-launch-consultation-on-oversight-requirements-for-foreign-audit-firms/</guid></item><item><title><![CDATA[ETAF elects president and board members]]></title><description><![CDATA[The European Tax Adviser Federation (ETAF) has re-elected Philippe Arraou as president during its last general assembly.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/etaf-elects-president-and-board-members/</link><pubDate>Tue, 02 May 2017 18:33:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/etaf-elects-president-and-board-members/</guid></item><item><title><![CDATA[Uganda’s president opens 4th African Congress of Accountants]]></title><description><![CDATA[Kampala, Uganda. Uganda president Yoweri Kaguta Museveni has opened the fourth edition of the African Congress of Accountants 2017 (ACOA17) in a long speech that looked at the past and present challenges facing Africa in growing their economies.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ugandas-president-opens-4th-african-congress-of-accountants/</link><pubDate>Tue, 02 May 2017 16:56:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ugandas-president-opens-4th-african-congress-of-accountants/</guid></item><item><title><![CDATA[Language and bureaucracy challenges the adoption of IFRS in Brazil]]></title><description><![CDATA[Brazilian accountants have recognised the benefits of 12 years of International Financial Reporting Standards (IFRS) as they have seen improvement and growth in the country's economy. However, language and bureaucracy have been highlighted as a main challenge for greater adoption of the international standards.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/language-and-bureaucracy-challenges-the-adoption-of-ifrs-in-brazil/</link><pubDate>Tue, 02 May 2017 11:51:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/language-and-bureaucracy-challenges-the-adoption-of-ifrs-in-brazil/</guid></item><item><title><![CDATA[Language and bureaucracy challenges the adoption of IFRS in Brazil]]></title><description><![CDATA[Brazilian accountants have recognised the benefits of 12 years of International Financial Reporting Standards (IFRS) as they have seen improvement and growth in the country's economy. However, language and bureaucracy have been highlighted as a main challenge for greater adoption of the international standards.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/language-and-bureaucracy-challenges-the-adoption-of-ifrs-in-brazil/</link><pubDate>Tue, 02 May 2017 11:51:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/language-and-bureaucracy-challenges-the-adoption-of-ifrs-in-brazil/</guid></item><item><title><![CDATA[IFIAR elects first board chair and vice chair]]></title><description><![CDATA[The International Forum of Independent Audit Regulators (IFIAR) has elected Brian Hunt, chief executive officer (CEO) of Canadian Public Accountability Board (CPAB) as chair and Frank Schneider, the CEO of the Federal Audit Oversight Authority (FAOA) of Switzerland as vice chair of the first board.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifiar-elects-first-board-chair-and-vice-chair/</link><pubDate>Fri, 28 Apr 2017 14:45:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifiar-elects-first-board-chair-and-vice-chair/</guid></item><item><title><![CDATA[The importance of the role of the auditor and annual reports discussed by FRC]]></title><description><![CDATA[The Financial Reporting Council (FRC) has considered the importance of an auditors role and the release of preliminary announcements on annual reports, with a particular focus on the London Stock Exchange.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/the-importance-of-the-role-of-the-auditor-and-annual-reports-discussed-by-frc/</link><pubDate>Fri, 28 Apr 2017 13:57:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/the-importance-of-the-role-of-the-auditor-and-annual-reports-discussed-by-frc/</guid></item><item><title><![CDATA[Securities Commission Malaysia releases new code on corporate governance]]></title><description><![CDATA[The Malaysian Securities Commission has released the new Malaysian Code on Corporate Governance (MCCG) to strengthen corporate culture by placing greater emphasis on the internalisation of corporate governance culture, not just among listed companies, but also encouraging non-listed entities including state-owned enterprises, small and medium enterprises (SMEs) and licensed intermediaries to embrace the code.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/securities-commission-malaysia-releases-new-code-on-corporate-governance/</link><pubDate>Thu, 27 Apr 2017 12:08:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/securities-commission-malaysia-releases-new-code-on-corporate-governance/</guid></item><item><title><![CDATA[European profession doesn’t fear technological changes]]></title><description><![CDATA[The European accountancy profession is confident on its ability to tackle technological changes and does not see technology as a threat, according to a survey by Accountancy Europe.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/european-profession-doesnt-fear-technological-changes/</link><pubDate>Wed, 26 Apr 2017 17:50:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/european-profession-doesnt-fear-technological-changes/</guid></item><item><title><![CDATA[News brief: Singaporean institute publishes accounting model for micro, small and medium businesses]]></title><description><![CDATA[The Institute of Singapore Chartered Accountants (ISCA) has developed a Micro Accounting Model (MAM) to help the adoption of accrual accounting for micro, small and medium businesses operating in the countries part of the Association of South East Asian Nations (ASEAN).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-singaporean-institute-publishes-accounting-model-for-micro-small-and-medium-businesses/</link><pubDate>Wed, 26 Apr 2017 17:04:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-singaporean-institute-publishes-accounting-model-for-micro-small-and-medium-businesses/</guid></item><item><title><![CDATA[News brief: Talal Abu-Ghazaleh Organisation and the Expert Bankers Association sign MoU on CIMA certificate]]></title><description><![CDATA[Talal Abu-Ghazaleh Professional Training Group (TAGI-TRAIN) and the Expert Bankers Association sign a Memorandum of Understanding (MoU) to promote bilateral cooperation in marketing training courses and qualifying for the examination for the diploma in Islamic finance offered by Chartered Institute of Management Accountants (CIMA), UK.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-talal-abu-ghazaleh-organisation-and-the-expert-bankers-association-sign-mou-on-cima-certificate/</link><pubDate>Mon, 24 Apr 2017 18:57:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-talal-abu-ghazaleh-organisation-and-the-expert-bankers-association-sign-mou-on-cima-certificate/</guid></item><item><title><![CDATA[News brief: IASB plans amendments to IFRS 9 to address pre payable financial assets]]></title><description><![CDATA[The International Accounting Standards Board (IASB) plans to draft amendments to the financial instruments standard, IFRS 9, before it has even come into force to address concerns over pre-payable financial assets.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-iasb-plans-amendments-to-ifrs-9-to-address-pre-payable-financial-assets/</link><pubDate>Mon, 24 Apr 2017 18:30:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-iasb-plans-amendments-to-ifrs-9-to-address-pre-payable-financial-assets/</guid></item><item><title><![CDATA[Analysis: New chair appointed at House of Cards EGIAN]]></title><description><![CDATA[It has taken nearly two years and numerous intrigues for the European Group of International Accounting Networks and Associations (EGIAN) to find a new chair, but the deed is done and International Accounting Bulletin brings the latest whispers from the corridors of the European grouping, as well as the challenges that lay ahead for its new chair.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/analysis-new-chair-appointed-at-house-of-cards-egian/</link><pubDate>Mon, 24 Apr 2017 18:13:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/analysis-new-chair-appointed-at-house-of-cards-egian/</guid></item><item><title><![CDATA[Data analytics in internal audit report helps auditors assess benefits]]></title><description><![CDATA[The Chartered Institute of Internal Auditors (CIIA) has published a report on the use of data analytics in internal audit, aiming to help organisations to assess potential value before committing to resources required.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/data-analytics-in-internal-audit-report-helps-auditors-assess-benefits/</link><pubDate>Mon, 24 Apr 2017 15:43:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/data-analytics-in-internal-audit-report-helps-auditors-assess-benefits/</guid></item><item><title><![CDATA[International Accounting Bulletin &amp; The Accountant Awards nominations open]]></title><description><![CDATA[International Accounting Bulletin &amp; The Accountant Awards nominations are now open until Friday 7 July]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/international-accounting-bulletin-amp-the-accountant-awards-nominations-open/</link><pubDate>Thu, 20 Apr 2017 18:18:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/international-accounting-bulletin-amp-the-accountant-awards-nominations-open/</guid></item><item><title><![CDATA[Afghanistan president signs decree paving the way for the long awaited regulation of the accountancy profession]]></title><description><![CDATA[Afghanistan president Ashraf Ghani has signed a presidential decree on the Afghanistan Accountants Law paving the way for the regulation of the accountancy profession in Afghanistan.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/afghanistan-president-signs-decree-paving-the-way-for-the-long-awaited-regulation-of-the-accountancy-profession/</link><pubDate>Thu, 20 Apr 2017 13:30:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/afghanistan-president-signs-decree-paving-the-way-for-the-long-awaited-regulation-of-the-accountancy-profession/</guid></item><item><title><![CDATA[IMA launches new certification for management accountants to build on their strategic skills]]></title><description><![CDATA[The Institute of Management Accountants (IMA) has announced a new speciality certification, the Certified in Strategy and Competitive Analysis (CSCA), an expansion to the CMA certification to help management accountants with their strategic planning, analysis and decision making skills.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ima-launches-new-certification-for-management-accountants-to-build-on-their-strategic-skills/</link><pubDate>Thu, 20 Apr 2017 12:01:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ima-launches-new-certification-for-management-accountants-to-build-on-their-strategic-skills/</guid></item><item><title><![CDATA[Andersen Tax wins first legal battle against Arthur Andersen &amp; Co]]></title><description><![CDATA[A USA court has issued an injunction order against Arthur Andersen &amp; Co USA member firm, MoHala Enterprises, giving Andersen Tax its first legal win in its bid to ascertain itself as the rightful heir of the iconic brand Arthur Andersen.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/andersen-tax-wins-first-legal-battle-against-arthur-andersen-amp-co/</link><pubDate>Thu, 20 Apr 2017 11:02:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/andersen-tax-wins-first-legal-battle-against-arthur-andersen-amp-co/</guid></item><item><title><![CDATA[News brief: CAANZ’s Lee White to stand down as CEO]]></title><description><![CDATA[The board of the Chartered Accountants Australia and New Zealand (CAANZ) has announced that its CEO Lee White, is to stand down as the CEO by the end of 2017.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-caanzs-lee-white-to-stand-down-as-ceo/</link><pubDate>Tue, 18 Apr 2017 10:37:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-caanzs-lee-white-to-stand-down-as-ceo/</guid></item><item><title><![CDATA[News brief: CAANZ’s Lee White to stand down as CEO]]></title><description><![CDATA[The board of the Chartered Accountants Australia and New Zealand (CAANZ) has announced that its CEO Lee White, is to stand down as the CEO by the end of 2017.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-caanzs-lee-white-to-stand-down-as-ceo/</link><pubDate>Tue, 18 Apr 2017 10:37:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-caanzs-lee-white-to-stand-down-as-ceo/</guid></item><item><title><![CDATA[Auditing the Auditors]]></title><description><![CDATA[Investors still have good reason to be wary about the honesty and accuracy of audited financial statements.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/auditing-the-auditors/</link><pubDate>Fri, 14 Apr 2017 10:21:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/auditing-the-auditors/</guid></item><item><title><![CDATA[KPMG removes 6 personnel including their head of audit over unethical behaviour]]></title><description><![CDATA[Big Four firm KPMG has fired six audit personnel including four partners, one employee and the head of the audit practice in the USA, for violating the Code of Conduct, raising further questions on the cosyness of Big Four firms with regulators.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-removes-6-personnel-including-their-head-of-audit-over-unethical-behaviour/</link><pubDate>Thu, 13 Apr 2017 18:06:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-removes-6-personnel-including-their-head-of-audit-over-unethical-behaviour/</guid></item><item><title><![CDATA[Singapore Accountancy Commission announces new board members from outside the Big Four]]></title><description><![CDATA[The Singapore Ministry of Finance (MoF) has announced a number of changes to the board of the Singapore Accountancy Commission (SAC), a statutory body of the government which oversees the development of the accountancy sector in Singapore.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/singapore-accountancy-commission-announces-new-board-members-from-outside-the-big-four/</link><pubDate>Thu, 13 Apr 2017 17:38:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/singapore-accountancy-commission-announces-new-board-members-from-outside-the-big-four/</guid></item><item><title><![CDATA[ACCA cautions that integrated reporting still has room for improvement]]></title><description><![CDATA[The Association of Chartered Certified Accountants (ACCA) has reported that the adoption of integrated reporting (IR) is the best opportunity to build up stockholder relationships and to improve business, but reveals that there is room for improvement.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/acca-cautions-that-integrated-reporting-still-has-room-for-improvement/</link><pubDate>Thu, 13 Apr 2017 17:15:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/acca-cautions-that-integrated-reporting-still-has-room-for-improvement/</guid></item><item><title><![CDATA[KPMG Fires 6 Over Ethics Breach on Audit Warnings]]></title><description><![CDATA[The accounting firm said the employees had been terminated after it learned they were receiving improper warnings of planned audit inspections....]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-fires-6-over-ethics-breach-on-audit-warnings/</link><pubDate>Wed, 12 Apr 2017 16:12:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-fires-6-over-ethics-breach-on-audit-warnings/</guid></item><item><title><![CDATA[Gender pay gap reporting requirements puts equality in the spotlight]]></title><description><![CDATA[A transparency initiative on the gender pay gap has led to reporting requirements being put into force from 5 April 2017. Private and voluntary sector employers in the UK with over 250 employees must now calculate and publish their gender pay gap information by April 2018.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/gender-pay-gap-reporting-requirements-puts-equality-in-the-spotlight/</link><pubDate>Wed, 12 Apr 2017 12:45:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/gender-pay-gap-reporting-requirements-puts-equality-in-the-spotlight/</guid></item><item><title><![CDATA[Joseph Rascoff, Who Had Rolling Stones’ Tours Under His Thumb, Dies at 71]]></title><description><![CDATA[He preferred classical music, but Mr. Rascoff became a business manager and tour producer for powerhouse rock &rsquo;n&rsquo; roll acts including U2 and Paul Simon.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/joseph-rascoff-who-had-rolling-stones-tours-under-his-thumb-dies-at-71/</link><pubDate>Wed, 12 Apr 2017 02:26:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/joseph-rascoff-who-had-rolling-stones-tours-under-his-thumb-dies-at-71/</guid></item><item><title><![CDATA[Patchy implementations of EU audit reform]]></title><description><![CDATA[An overview of the implementation of the European Union audit reform, which came into force last June, shows consistency among member states in implementing the core rules, yet the options offered in the reform have led to a patchwork of different rules across Europe.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/patchy-implementations-of-eu-audit-reform/</link><pubDate>Tue, 11 Apr 2017 11:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/patchy-implementations-of-eu-audit-reform/</guid></item><item><title><![CDATA[Patchy implementations of EU audit reform]]></title><description><![CDATA[An overview of the implementation of the European Union audit reform, which came into force last June, shows consistency among member states in implementing the core rules, yet the options offered in the reform have led to a patchwork of different rules across Europe.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/patchy-implementations-of-eu-audit-reform/</link><pubDate>Tue, 11 Apr 2017 11:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/patchy-implementations-of-eu-audit-reform/</guid></item><item><title><![CDATA[News brief: IFIAR opens headquarters in Tokyo]]></title><description><![CDATA[The International Forum of Independent Audit Regulators (IFIAR) has opened its headquarters in Tokyo, Japan and has held its first board meeting.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-ifiar-opens-headquarters-in-tokyo/</link><pubDate>Mon, 10 Apr 2017 16:07:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-ifiar-opens-headquarters-in-tokyo/</guid></item><item><title><![CDATA[News brief: IFIAR opens headquarters in Tokyo]]></title><description><![CDATA[The International Forum of Independent Audit Regulators (IFIAR) has opened its headquarters in Tokyo, Japan and has held its first board meeting.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-ifiar-opens-headquarters-in-tokyo/</link><pubDate>Mon, 10 Apr 2017 16:07:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-ifiar-opens-headquarters-in-tokyo/</guid></item><item><title><![CDATA[He Saves Fashion Models From Financial Chaos]]></title><description><![CDATA[The mild-mannered accountant Michael Tumminia said his clients &ldquo;make a great living, but the way the money comes in the door makes your life more challenging.&rdquo;...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/he-saves-fashion-models-from-financial-chaos/</link><pubDate>Sat, 08 Apr 2017 12:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/he-saves-fashion-models-from-financial-chaos/</guid></item><item><title><![CDATA[Singaporean regulators and institutes release retail investors’ guide to enhanced auditor’s report]]></title><description><![CDATA[To help investors understand the enhanced auditor report (EAR) which is implemented as of this year, The Singaporean regulators, the Accounting Corporate Regulatory Authority (ACRA) and the Securities Investors Association Singapore (SIAS) in collaboration with the Institute of Singapore Chartered Accountants (ISCA) have published a guide which helps retail investors to identify important risk areas in financial statements of listed companies and understanding how these areas are audited.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/singaporean-regulators-and-institutes-release-retail-investors-guide-to-enhanced-auditors-report/</link><pubDate>Fri, 07 Apr 2017 16:11:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/singaporean-regulators-and-institutes-release-retail-investors-guide-to-enhanced-auditors-report/</guid></item><item><title><![CDATA[PIOB approves extension of IAASB chairman’s term]]></title><description><![CDATA[Professor Arnold Schilder has had his term extended through 2018 as the chairman of the International Auditing and Assurance Standards Board (IAASB), with the approval of the Public Interest Oversight Board (PIOB).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/piob-approves-extension-of-iaasb-chairmans-term/</link><pubDate>Fri, 07 Apr 2017 13:42:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/piob-approves-extension-of-iaasb-chairmans-term/</guid></item><item><title><![CDATA[News briefs, sustainability: Natural Capital Coalition, GRI, UNCTAD,]]></title><description><![CDATA[Natural Capital Coalition launches toolkit for natural capital valuation<br />
The Natural Capital Coalition in partnership with the World Business Council for Sustainable Development (WBCSD)have launched an interactive database to help businesses find the right tools to measure and value capital.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-sustainability-natural-capital-coalition-gri-unctad/</link><pubDate>Thu, 06 Apr 2017 13:01:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-sustainability-natural-capital-coalition-gri-unctad/</guid></item><item><title><![CDATA[News briefs, sustainability: Natural Capital Coalition, GRI, UNCTAD,]]></title><description><![CDATA[Natural Capital Coalition launches toolkit for natural capital valuation<br />
The Natural Capital Coalition in partnership with the World Business Council for Sustainable Development (WBCSD)have launched an interactive database to help businesses find the right tools to measure and value capital.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-sustainability-natural-capital-coalition-gri-unctad/</link><pubDate>Thu, 06 Apr 2017 13:01:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-sustainability-natural-capital-coalition-gri-unctad/</guid></item><item><title><![CDATA[News briefs, sustainability: Natural Capital Coalition, GRI and UNCTAD]]></title><description><![CDATA[Natural Capital Coalition launches toolkit for natural capital valuation<br />
The Natural Capital Coalition in partnership with the World Business Council for Sustainable Development (WBCSD)have launched an interactive database to help businesses find the right tools to measure and value capital.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-sustainability-natural-capital-coalition-gri-and-unctad/</link><pubDate>Thu, 06 Apr 2017 13:01:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-sustainability-natural-capital-coalition-gri-and-unctad/</guid></item><item><title><![CDATA[Former Deloitte Brazil chairman and CEO sanctioned by PCAOB]]></title><description><![CDATA[Former Deloitte Brazil chairman Michael John Morrell, and former CEO and managing partner Juarez Lopes de Araujo, have been sanctioned for violations regarding failures to cooperate with the investigative board by The Public Company Accounting Oversight Board (PCAOB).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/former-deloitte-brazil-chairman-and-ceo-sanctioned-by-pcaob/</link><pubDate>Tue, 04 Apr 2017 18:42:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/former-deloitte-brazil-chairman-and-ceo-sanctioned-by-pcaob/</guid></item><item><title><![CDATA[Former Deloitte Brazil chairman and CEO sanctioned by PCAOB]]></title><description><![CDATA[Former Deloitte Brazil chairman Michael John Morrell, and former CEO and managing partner Juarez Lopes de Araujo, have been sanctioned for violations regarding failures to cooperate with the investigative board by The Public Company Accounting Oversight Board (PCAOB).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/former-deloitte-brazil-chairman-and-ceo-sanctioned-by-pcaob/</link><pubDate>Tue, 04 Apr 2017 18:42:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/former-deloitte-brazil-chairman-and-ceo-sanctioned-by-pcaob/</guid></item><item><title><![CDATA[IAESB strategy for the next five years will focus on education]]></title><description><![CDATA[The International Accounting Education Standards Board (IAESB) has published its 2017-2021 strategy and 2017-2018 work plan, which is centred around developing accounting education standards.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/iaesb-strategy-for-the-next-five-years-will-focus-on-education/</link><pubDate>Tue, 04 Apr 2017 18:31:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/iaesb-strategy-for-the-next-five-years-will-focus-on-education/</guid></item><item><title><![CDATA[IAESB strategy for the next five years will focus on education]]></title><description><![CDATA[The International Accounting Education Standards Board (IAESB) has published its 2017-2021 strategy and 2017-2018 work plan, which is centred around developing accounting education standards.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/iaesb-strategy-for-the-next-five-years-will-focus-on-education/</link><pubDate>Tue, 04 Apr 2017 18:31:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/iaesb-strategy-for-the-next-five-years-will-focus-on-education/</guid></item><item><title><![CDATA[Using technology against tax evasion]]></title><description><![CDATA[Technology can offer solutions to tackling tax evasion and tax fraud, according to a new report by The OECD.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/using-technology-against-tax-evasion/</link><pubDate>Mon, 03 Apr 2017 17:06:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/using-technology-against-tax-evasion/</guid></item><item><title><![CDATA[Deloitte partner appointed USA SEC deputy chief accountant]]></title><description><![CDATA[The USA Securities and Exchange Commission (SEC) has appointed Sagar Teotia as a deputy chief accountant.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/deloitte-partner-appointed-usa-sec-deputy-chief-accountant/</link><pubDate>Mon, 03 Apr 2017 16:17:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/deloitte-partner-appointed-usa-sec-deputy-chief-accountant/</guid></item><item><title><![CDATA[News brief: Scottish cabinet secretary for finance calls for public services digital transformation]]></title><description><![CDATA[Scotland must enact digital transformation to encourage public service reform, according to the Scottish government&rsquo;s cabinet secretary for finance, Derek Mackay, at the CIPFA Scotland Annual Conference. Mackay addressed the public finance leaders at the event to encourage innovation and make important efficiencies in public services.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-scottish-cabinet-secretary-for-finance-calls-for-public-services-digital-transformation/</link><pubDate>Fri, 31 Mar 2017 16:53:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-scottish-cabinet-secretary-for-finance-calls-for-public-services-digital-transformation/</guid></item><item><title><![CDATA[ICAEW creates further education opportunities for CFOs]]></title><description><![CDATA[The Institute of Chartered Accountants in England and Wales (ICAEW) will create further education opportunities for CFOs so that all finance leaders become commercial leaders as well, who can work strategically with the CEOs.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/icaew-creates-further-education-opportunities-for-cfos/</link><pubDate>Fri, 31 Mar 2017 12:14:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/icaew-creates-further-education-opportunities-for-cfos/</guid></item><item><title><![CDATA[CIPFA to launch Brexit advisory commission]]></title><description><![CDATA[The Chartered Institute of Public Finance and Accountancy (CIPFA) has announced the launch of an independent advisory commission to look at the impact of the Brexit negotiation options on public services.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/cipfa-to-launch-brexit-advisory-commission/</link><pubDate>Fri, 31 Mar 2017 11:16:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/cipfa-to-launch-brexit-advisory-commission/</guid></item><item><title><![CDATA[The IASB published a discussion paper on disclosure principles]]></title><description><![CDATA[The International Accounting Standards Board (IASB) has published a discussion paper on the principles of disclosure it wishes to see included in a general disclosure standard or in a non-mandatory guidance.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/the-iasb-published-a-discussion-paper-on-disclosure-principles/</link><pubDate>Fri, 31 Mar 2017 11:13:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/the-iasb-published-a-discussion-paper-on-disclosure-principles/</guid></item><item><title><![CDATA[EU assistance to Tunisia spent well, yet management flaws should be addressed]]></title><description><![CDATA[The EU&rsquo;s aid to Tunisia was spent well generally following the 2011 Arab Spring, however there were a number of flaws in the European Commission&rsquo;s management of the aid, according to a new report by the European Court of Auditors.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eu-assistance-to-tunisia-spent-well-yet-management-flaws-should-be-addressed/</link><pubDate>Thu, 30 Mar 2017 15:48:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eu-assistance-to-tunisia-spent-well-yet-management-flaws-should-be-addressed/</guid></item><item><title><![CDATA[EU assistance to Tunisia spent well, yet management flaws should be addressed]]></title><description><![CDATA[The EU&rsquo;s aid to Tunisia was spent well generally following the 2011 Arab Spring, however there were a number of flaws in the European Commission&rsquo;s management of the aid, according to a new report by the European Court of Auditors.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eu-assistance-to-tunisia-spent-well-yet-management-flaws-should-be-addressed/</link><pubDate>Thu, 30 Mar 2017 15:48:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eu-assistance-to-tunisia-spent-well-yet-management-flaws-should-be-addressed/</guid></item><item><title><![CDATA[CFOs launch Canadian Chapter of the Prince of Wales’s Accounting for Sustainability CFO Leadership Network]]></title><description><![CDATA[Canadian CFOs have launched their national chapter of the Prince of Wales&rsquo;s Accounting for Sustainability (A4S) CFO Leadership Network.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/cfos-launch-canadian-chapter-of-the-prince-of-waless-accounting-for-sustainability-cfo-leadership-network/</link><pubDate>Thu, 30 Mar 2017 11:21:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/cfos-launch-canadian-chapter-of-the-prince-of-waless-accounting-for-sustainability-cfo-leadership-network/</guid></item><item><title><![CDATA[CFOs launch Canadian Chapter of the Prince of Wales’s Accounting for Sustainability CFO Leadership Network]]></title><description><![CDATA[Canadian CFOs have launched their national chapter of the Prince of Wales&rsquo;s Accounting for Sustainability (A4S) CFO Leadership Network.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/cfos-launch-canadian-chapter-of-the-prince-of-waless-accounting-for-sustainability-cfo-leadership-network/</link><pubDate>Thu, 30 Mar 2017 11:21:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/cfos-launch-canadian-chapter-of-the-prince-of-waless-accounting-for-sustainability-cfo-leadership-network/</guid></item><item><title><![CDATA[Oscars Error Won’t Cost Accounting Firm Its Job]]></title><description><![CDATA[Despite the spectacular mix-up over the award for best picture, PwC will stay on the job after a vote by the Hollywood organization.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/oscars-error-wont-cost-accounting-firm-its-job/</link><pubDate>Wed, 29 Mar 2017 23:23:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/oscars-error-wont-cost-accounting-firm-its-job/</guid></item><item><title><![CDATA[Update on OECD Anti-Bribery Convention adoption in Argentina, Finland, UK and Italy]]></title><description><![CDATA[Progresses on anti-bribery laws are being made albeit slowly, according to recent publication by the Organisation for Economic Co-operation and Development (OECD).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/update-on-oecd-anti-bribery-convention-adoption-in-argentina-finland-uk-and-italy/</link><pubDate>Wed, 29 Mar 2017 17:41:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/update-on-oecd-anti-bribery-convention-adoption-in-argentina-finland-uk-and-italy/</guid></item><item><title><![CDATA[CPA Canada fraud survey finds cybersecurity concerns linger]]></title><description><![CDATA[Businesses are believed to be working to protect personal information yet Canadians still have concerns about cybersecurity, according to a survey from Chartered Professional Accountants of Canada (CPA Canada).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/cpa-canada-fraud-survey-finds-cybersecurity-concerns-linger/</link><pubDate>Wed, 29 Mar 2017 17:31:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/cpa-canada-fraud-survey-finds-cybersecurity-concerns-linger/</guid></item><item><title><![CDATA[News brief, appointment: James Dalkin appointed chair of IAASB’s advisory group]]></title><description><![CDATA[The Public Interest Oversight Board (PIOB) has approved the appointment of James Dalkin as chair of the Consultative Advisory Group (CAG) to the International Auditing and Assurance Standards Board (IAASB), effective 1 April 2017.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointment-james-dalkin-appointed-chair-of-iaasbs-advisory-group/</link><pubDate>Wed, 29 Mar 2017 11:15:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointment-james-dalkin-appointed-chair-of-iaasbs-advisory-group/</guid></item><item><title><![CDATA[MEPs vote to remove the loopholes used by companies for double tax deduction]]></title><description><![CDATA[Members of European Parliament (MEPs) Economic and Monetary Affairs Committee (ECON) have voted amendments to the EU&rsquo;s anti-tax avoidance directive, to remove loopholes allowing multinationals to avoid paying tax on profits by exploiting differences in tax systems between countries.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/meps-vote-to-remove-the-loopholes-used-by-companies-for-double-tax-deduction/</link><pubDate>Tue, 28 Mar 2017 16:42:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/meps-vote-to-remove-the-loopholes-used-by-companies-for-double-tax-deduction/</guid></item><item><title><![CDATA[Canadian Securities Administrators assesses climate change related disclosure]]></title><description><![CDATA[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.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/canadian-securities-administrators-assesses-climate-change-related-disclosure/</link><pubDate>Tue, 28 Mar 2017 13:25:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/canadian-securities-administrators-assesses-climate-change-related-disclosure/</guid></item><item><title><![CDATA[Businesses should pay a decent wage suggest ACCA and Living Wage Foundation joint reports]]></title><description><![CDATA[Beyond the public expectations for businesses to pay tax and be mindful of the environment, businesses are expected to respect their employees&rsquo; rights and needs which include paying a decent wage, according to the ACCA.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/businesses-should-pay-a-decent-wage-suggest-acca-and-living-wage-foundation-joint-reports/</link><pubDate>Tue, 28 Mar 2017 13:04:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/businesses-should-pay-a-decent-wage-suggest-acca-and-living-wage-foundation-joint-reports/</guid></item><item><title><![CDATA[News brief: AAT signs Women in Finance Charter]]></title><description><![CDATA[The Association of Accounting Technicians (AAT) in the UK has signed up to the UK HM Treasury&rsquo;s Women in Finance Charter to encourage gender equality.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-aat-signs-women-in-finance-charter/</link><pubDate>Fri, 24 Mar 2017 13:53:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-aat-signs-women-in-finance-charter/</guid></item><item><title><![CDATA[News brief, appointment: Former CFO of the Crown Estate appointed chair of ACCA global forum for sustainability]]></title><description><![CDATA[John Lelliott, the former CFO of the Crown Estate, was appointed chair of the ACCA&rsquo;s global forum for sustainability.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointment-former-cfo-of-the-crown-estate-appointed-chair-of-acca-global-forum-for-sustainability/</link><pubDate>Fri, 24 Mar 2017 11:15:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointment-former-cfo-of-the-crown-estate-appointed-chair-of-acca-global-forum-for-sustainability/</guid></item><item><title><![CDATA[EFRAG seeks to broaden its membership]]></title><description><![CDATA[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.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/efrag-seeks-to-broaden-its-membership/</link><pubDate>Thu, 23 Mar 2017 11:23:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/efrag-seeks-to-broaden-its-membership/</guid></item><item><title><![CDATA[Carney outlines FSB role in assessing G20 financial reforms]]></title><description><![CDATA[The Financial Stability Board&rsquo;s (FSB&rsquo;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.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/carney-outlines-fsb-role-in-assessing-g20-financial-reforms/</link><pubDate>Wed, 22 Mar 2017 11:16:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/carney-outlines-fsb-role-in-assessing-g20-financial-reforms/</guid></item><item><title><![CDATA[Carney outlines FSB role in assessing G20 financial reforms]]></title><description><![CDATA[The Financial Stability Board&rsquo;s (FSB&rsquo;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.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/carney-outlines-fsb-role-in-assessing-g20-financial-reforms/</link><pubDate>Wed, 22 Mar 2017 11:16:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/carney-outlines-fsb-role-in-assessing-g20-financial-reforms/</guid></item><item><title><![CDATA[IFAC survey reveals number one challenge for SMPs]]></title><description><![CDATA[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).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifac-survey-reveals-number-one-challenge-for-smps/</link><pubDate>Tue, 21 Mar 2017 11:14:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifac-survey-reveals-number-one-challenge-for-smps/</guid></item><item><title><![CDATA[Beware of complex accounting areas which can lead to fraud, CAQ report says]]></title><description><![CDATA[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.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/beware-of-complex-accounting-areas-which-can-lead-to-fraud-caq-report-says/</link><pubDate>Mon, 20 Mar 2017 15:52:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/beware-of-complex-accounting-areas-which-can-lead-to-fraud-caq-report-says/</guid></item><item><title><![CDATA[Delay Making Tax Digital for business, says House of Lords on Finance Bill draft]]></title><description><![CDATA[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.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/delay-making-tax-digital-for-business-says-house-of-lords-on-finance-bill-draft/</link><pubDate>Fri, 17 Mar 2017 14:48:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/delay-making-tax-digital-for-business-says-house-of-lords-on-finance-bill-draft/</guid></item><item><title><![CDATA[AAT South Africa to launch capacity building project to tackle unemployment]]></title><description><![CDATA[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).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/aat-south-africa-to-launch-capacity-building-project-to-tackle-unemployment/</link><pubDate>Fri, 17 Mar 2017 14:37:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/aat-south-africa-to-launch-capacity-building-project-to-tackle-unemployment/</guid></item><item><title><![CDATA[Investment professionals reveal increasing concerns about geopolitical risks]]></title><description><![CDATA[According to a survey by the CFA Institute, there has been increased concern over the effect of geopolitical risk in the investment profession, since the UK&rsquo;s decision to leave the European Union in July 2016.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/investment-professionals-reveal-increasing-concerns-about-geopolitical-risks/</link><pubDate>Fri, 17 Mar 2017 14:24:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/investment-professionals-reveal-increasing-concerns-about-geopolitical-risks/</guid></item><item><title><![CDATA[Analysis: Arthur Andersen is back…. again]]></title><description><![CDATA[Arthur Andersen, a name that many would have thought was forgotten in the dustbin of financial services history, is back. Only issue is it already did a comeback in 2014, so who is who in this Arthur Andersen legacy claiming game?]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/analysis-arthur-andersen-is-back-again/</link><pubDate>Fri, 17 Mar 2017 12:49:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/analysis-arthur-andersen-is-back-again/</guid></item><item><title><![CDATA[Canada to lift professional secrecy duties to facilitate whistleblowing]]></title><description><![CDATA[In the coming month new legislative provisions will come into force in Canada authorizing the lifting of professional secrecy to facilitate whistleblowing putting accountants at the forefront of the fight against corruption schemes.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/canada-to-lift-professional-secrecy-duties-to-facilitate-whistleblowing/</link><pubDate>Thu, 16 Mar 2017 16:09:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/canada-to-lift-professional-secrecy-duties-to-facilitate-whistleblowing/</guid></item><item><title><![CDATA[Canada to lift professional secrecy duties to facilitate whistleblowing]]></title><description><![CDATA[In the coming month new legislative provisions will come into force in Canada authorizing the lifting of professional secrecy to facilitate whistleblowing putting accountants at the forefront of the fight against corruption schemes.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/canada-to-lift-professional-secrecy-duties-to-facilitate-whistleblowing/</link><pubDate>Thu, 16 Mar 2017 16:09:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/canada-to-lift-professional-secrecy-duties-to-facilitate-whistleblowing/</guid></item><item><title><![CDATA[Azerbaijan withdraws from EITI]]></title><description><![CDATA[Azerbaijan has announced its withdrawal from the Extractive Industries Transparency Initiative (EITI) after being told that corrective actions for greater civil society engagement had not been completed.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/azerbaijan-withdraws-from-eiti/</link><pubDate>Thu, 16 Mar 2017 15:07:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/azerbaijan-withdraws-from-eiti/</guid></item><item><title><![CDATA[Azerbaijan withdraws from EITI]]></title><description><![CDATA[Azerbaijan has announced its withdrawal from the Extractive Industries Transparency Initiative (EITI) after being told that corrective actions for greater civil society engagement had not been completed.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/azerbaijan-withdraws-from-eiti/</link><pubDate>Thu, 16 Mar 2017 15:07:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/azerbaijan-withdraws-from-eiti/</guid></item><item><title><![CDATA[Needs and challenges highlighted by ACCA Kazakhstan in Astana conference]]></title><description><![CDATA[The Association of Chartered Certified Accountants (ACCA) Kazakhstan highlighted the needs and challenges of regulation in global financial centres, in a conference in the capital of Astana.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/needs-and-challenges-highlighted-by-acca-kazakhstan-in-astana-conference/</link><pubDate>Thu, 16 Mar 2017 14:49:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/needs-and-challenges-highlighted-by-acca-kazakhstan-in-astana-conference/</guid></item><item><title><![CDATA[Needs and challenges highlighted by ACCA Kazakhstan in Astana conference]]></title><description><![CDATA[The Association of Chartered Certified Accountants (ACCA) Kazakhstan highlighted the needs and challenges of regulation in global financial centres, in a conference in the capital of Astana.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/needs-and-challenges-highlighted-by-acca-kazakhstan-in-astana-conference/</link><pubDate>Thu, 16 Mar 2017 14:49:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/needs-and-challenges-highlighted-by-acca-kazakhstan-in-astana-conference/</guid></item><item><title><![CDATA[Singapore MoF appoints member to regulator’s board]]></title><description><![CDATA[Singapore&rsquo;s Ministry of Finance (MOF) has appointed three new members to the Accounting and Corporate Regulatory Authority (ACRA) Board, as well as re-appointed three members to the board, effective 1 April 2017.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/singapore-mof-appoints-member-to-regulators-board/</link><pubDate>Tue, 14 Mar 2017 13:20:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/singapore-mof-appoints-member-to-regulators-board/</guid></item><item><title><![CDATA[ETAF calls for an EU Code of Conduct for tax intermediaries]]></title><description><![CDATA[Answering and EU Commission&rsquo;s consultation on tax planning, the European Tax Advisor Federation (ETAF) has called for an EU Code of Conduct for tax intermediaries in an effort to tackle tax evasion and tax avoidance.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/etaf-calls-for-an-eu-code-of-conduct-for-tax-intermediaries/</link><pubDate>Mon, 13 Mar 2017 12:43:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/etaf-calls-for-an-eu-code-of-conduct-for-tax-intermediaries/</guid></item><item><title><![CDATA[MEPs seek to amend the AML Directive and allow citizens to access data of companies’ beneficial ownership]]></title><description><![CDATA[The European Parliament&rsquo;s Economic &amp; Monetary Affairs (ECON) and Civil Liberties Justice &amp; Home Affairs (LIBE) committees have voted on the revision of the anti-money laundering (AML) Directive in a bid to give EU citizens access to registers of beneficial owners of companies without having to demonstrate a legitimate interest.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/meps-seek-to-amend-the-aml-directive-and-allow-citizens-to-access-data-of-companies-beneficial-ownership/</link><pubDate>Fri, 10 Mar 2017 17:26:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/meps-seek-to-amend-the-aml-directive-and-allow-citizens-to-access-data-of-companies-beneficial-ownership/</guid></item><item><title><![CDATA[IFIAR announces decline in audit firm inspection findings]]></title><description><![CDATA[The International Forum of Independent Audit Regulators (IFIAR) has released their 2016 Inspection Findings Survey revealing a decline in audit firm inspection findings compared to last year.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifiar-announces-decline-in-audit-firm-inspection-findings/</link><pubDate>Fri, 10 Mar 2017 11:21:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifiar-announces-decline-in-audit-firm-inspection-findings/</guid></item><item><title><![CDATA[Outdated legal frameworks and lack of translation challenges for IFRS implementation in the MENA region]]></title><description><![CDATA[Greater regional collaboration between professional accountancy organisations in the Middle East and North Africa is the key to address challenges in implementing international accounting standards in the region, delegates from 27 organisations from the MENA regions concluded at a regional workshop organised by IFAC.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/outdated-legal-frameworks-and-lack-of-translation-challenges-for-ifrs-implementation-in-the-mena-region/</link><pubDate>Thu, 09 Mar 2017 13:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/outdated-legal-frameworks-and-lack-of-translation-challenges-for-ifrs-implementation-in-the-mena-region/</guid></item><item><title><![CDATA[UK FRC chairman on past, present and future of the UK corporate governance code]]></title><description><![CDATA[Sir Win Bischoff, financial reporting council (FRC) chairman, has reflected in a speech at a Centre for the Study of Financial innovation (CSFI) roundtable on how the UK corporate governance code has contributed to corporate confidence over the last 25 years and how it now needs to evolve]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/uk-frc-chairman-on-past-present-and-future-of-the-uk-corporate-governance-code/</link><pubDate>Thu, 09 Mar 2017 11:55:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/uk-frc-chairman-on-past-present-and-future-of-the-uk-corporate-governance-code/</guid></item><item><title><![CDATA[World Bank, IMF and IFAC committed to influence for PFM reforms and IPSAS implementation]]></title><description><![CDATA[Delegates from the Word Bank, the International Public Sector Accounting Standards Board, the IMF and IFAC attended earlier this month an international seminar in Washington D.C to assess the current state of public financial management (PFM) reforms around the world and support the use of accrual accounting in public finances through the implementation of the International Public Sector Accounting Standards (IPSAS).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/world-bank-imf-and-ifac-committed-to-influence-for-pfm-reforms-and-ipsas-implementation/</link><pubDate>Thu, 09 Mar 2017 11:39:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/world-bank-imf-and-ifac-committed-to-influence-for-pfm-reforms-and-ipsas-implementation/</guid></item><item><title><![CDATA[Caterpillar Is Accused in Report to Federal Investigators of Tax Fraud]]></title><description><![CDATA[The report outlines a strategy for bringing home billions of dollars from offshore affiliates while avoiding federal income taxes on the earnings.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/caterpillar-is-accused-in-report-to-federal-investigators-of-tax-fraud/</link><pubDate>Wed, 08 Mar 2017 03:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/caterpillar-is-accused-in-report-to-federal-investigators-of-tax-fraud/</guid></item><item><title><![CDATA[Software provider proposes new models for SMP to tackle regulatory and recruitment challenges]]></title><description><![CDATA[Uber like and hybrid model at the cross road of Amazon and Linkedin are tomorrow&rsquo;s solutions for today&rsquo;s challenges, the audience of Intuit QuickBooks global conference was told.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/software-provider-proposes-new-models-for-smp-to-tackle-regulatory-and-recruitment-challenges/</link><pubDate>Tue, 07 Mar 2017 11:37:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/software-provider-proposes-new-models-for-smp-to-tackle-regulatory-and-recruitment-challenges/</guid></item><item><title><![CDATA[International Forum of standard setters concludes that consistent does not mean identical]]></title><description><![CDATA[The International Forum of Accounting Standard Setters (IFASS) has decided to set up a structure allowing national standard setters to identify issues relating to the consistent application of IFRS.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/international-forum-of-standard-setters-concludes-that-consistent-does-not-mean-identical/</link><pubDate>Mon, 06 Mar 2017 17:45:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/international-forum-of-standard-setters-concludes-that-consistent-does-not-mean-identical/</guid></item><item><title><![CDATA[Signet Jewelers’ Balance Sheet Gets Extra Sparkle]]></title><description><![CDATA[An unusual accounting method helps the parent of Jared, Kay and Zales make its loan portfolio look shinier than it should.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/signet-jewelers-balance-sheet-gets-extra-sparkle/</link><pubDate>Fri, 03 Mar 2017 19:13:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/signet-jewelers-balance-sheet-gets-extra-sparkle/</guid></item><item><title><![CDATA[How Signet Jewelers Puts Extra Sparkle on Its Balance Sheet]]></title><description><![CDATA[An unusual accounting method helps the parent of Jared, Kay and Zales make its loan portfolio look shinier than it should.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/how-signet-jewelers-puts-extra-sparkle-on-its-balance-sheet/</link><pubDate>Fri, 03 Mar 2017 19:13:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/how-signet-jewelers-puts-extra-sparkle-on-its-balance-sheet/</guid></item><item><title><![CDATA[Accountancy world survey results: the big are getting bigger]]></title><description><![CDATA[Sister publication International Accounting Bulletin has published its annual world survey ranking networks and associations by fee income and staff numbers globally and regionally. Vincent Huck comments on the results]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accountancy-world-survey-results-the-big-are-getting-bigger/</link><pubDate>Fri, 03 Mar 2017 16:12:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accountancy-world-survey-results-the-big-are-getting-bigger/</guid></item><item><title><![CDATA[FIDEF new executive director takes office]]></title><description><![CDATA[director of the International Federation of Francophone Accountants (FIDEF).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/fidef-new-executive-director-takes-office/</link><pubDate>Fri, 03 Mar 2017 15:50:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/fidef-new-executive-director-takes-office/</guid></item><item><title><![CDATA[ICAS issues new guide on financial reporting standards for small and micro entities]]></title><description><![CDATA[The Institute of Chartered Accountants of Scotland (ICAS) has issued guidance to help small and micro companies to apply the new financial reporting requirements.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/icas-issues-new-guide-on-financial-reporting-standards-for-small-and-micro-entities/</link><pubDate>Thu, 02 Mar 2017 16:32:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/icas-issues-new-guide-on-financial-reporting-standards-for-small-and-micro-entities/</guid></item><item><title><![CDATA[Firms’ audit quality procedures not sufficiently robust, UK FRC says]]></title><description><![CDATA[Following its review of the six largest audit firms, The UK Financial Reporting Council (FRC) has said that firms&rsquo; audit quality procedures were not strong enough and has published good practices to help firms improve.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/firms-audit-quality-procedures-not-sufficiently-robust-uk-frc-says/</link><pubDate>Thu, 02 Mar 2017 15:55:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/firms-audit-quality-procedures-not-sufficiently-robust-uk-frc-says/</guid></item><item><title><![CDATA[Singaporean MoF and regulator issue responses to the public consultation on proposed changes to the Companies Act]]></title><description><![CDATA[The Ministry of Finance (MoF) of Singapore and the Singaporean regulator, the Accounting and Corporate Regulatory Authority (ACRA), have reviewed comments received from two rounds of public consultation on proposed changes to the Companies Act, Limited Liability Partnerships (LLP) Act and Accountants Act.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/singaporean-mof-and-regulator-issue-responses-to-the-public-consultation-on-proposed-changes-to-the-companies-act/</link><pubDate>Wed, 01 Mar 2017 11:59:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/singaporean-mof-and-regulator-issue-responses-to-the-public-consultation-on-proposed-changes-to-the-companies-act/</guid></item><item><title><![CDATA[CPA Canada president appointed to the National Steering Committee on Financial Literacy]]></title><description><![CDATA[CPA Canada CEO and president Joy Thomas has been appointed along with 14 other individuals as members of National Steering Committee on Financial Literacy (NSCFL).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/cpa-canada-president-appointed-to-the-national-steering-committee-on-financial-literacy/</link><pubDate>Wed, 01 Mar 2017 10:48:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/cpa-canada-president-appointed-to-the-national-steering-committee-on-financial-literacy/</guid></item><item><title><![CDATA[ASEAN audit regulators and the Big-Four commit to a 25% reduction in audits inspection findings]]></title><description><![CDATA[The audit regulators of Malaysia, Indonesia, Singapore and Thailand have agreed with the Big Four to reduce the number of audits with inspection findings by at least 25%.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/asean-audit-regulators-and-the-big-four-commit-to-a-25-reduction-in-audits-inspection-findings/</link><pubDate>Tue, 28 Feb 2017 18:36:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/asean-audit-regulators-and-the-big-four-commit-to-a-25-reduction-in-audits-inspection-findings/</guid></item><item><title><![CDATA[Oscars Mistake Casts Unwanted Spotlight on PwC]]></title><description><![CDATA[The stunning gaffe instantly became the central theme of the awards ceremony. And just as quickly, PwC had a major brand crisis on its hands.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/oscars-mistake-casts-unwanted-spotlight-on-pwc/</link><pubDate>Mon, 27 Feb 2017 19:08:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/oscars-mistake-casts-unwanted-spotlight-on-pwc/</guid></item><item><title><![CDATA[Increased scrutiny on overlooked risks could boost internal audit confidence, IIA says]]></title><description><![CDATA[The Institute of Internal Auditors (IIA) North America has urged for more scrutiny on four often overlooked risk areas, where strong leadership could enhance the confidence of the management, the board, and the stakeholders&rsquo;, as well as the self-confidence of the internal auditor.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/increased-scrutiny-on-overlooked-risks-could-boost-internal-audit-confidence-iia-says/</link><pubDate>Mon, 27 Feb 2017 16:10:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/increased-scrutiny-on-overlooked-risks-could-boost-internal-audit-confidence-iia-says/</guid></item><item><title><![CDATA[News Brief: FRC Investigation of PWC LLP’s audit of Redcentric plc]]></title><description><![CDATA[The Financial Reporting Council (FRC) has launched an investigation in respect of PricewaterhouseCoopers (PwC) LLP in relation to the audit of the financial statements of Redcentric plc.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-frc-investigation-of-pwc-llps-audit-of-redcentric-plc/</link><pubDate>Mon, 27 Feb 2017 12:47:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-frc-investigation-of-pwc-llps-audit-of-redcentric-plc/</guid></item><item><title><![CDATA[ACCA survey: Ethics and trust in a digital age]]></title><description><![CDATA[More devices, more data, more processing power. Automation and robots are on the rise. There&rsquo;s no doubt we are now firmly in the digital age and it&rsquo;s here to stay.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/acca-survey-ethics-and-trust-in-a-digital-age/</link><pubDate>Thu, 23 Feb 2017 17:05:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/acca-survey-ethics-and-trust-in-a-digital-age/</guid></item><item><title><![CDATA[Will female professionals in the OECD have to wait 95 years for equal pay?]]></title><description><![CDATA[The average time to close the pay gap at current rates of progress amongst OECD countries is of 95 years, according to a research by PwC.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/will-female-professionals-in-the-oecd-have-to-wait-95-years-for-equal-pay/</link><pubDate>Thu, 23 Feb 2017 11:15:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/will-female-professionals-in-the-oecd-have-to-wait-95-years-for-equal-pay/</guid></item><item><title><![CDATA[Brazilian lawyers and accountants meet ahead of NOCLAR implementation]]></title><description><![CDATA[As Brazil prepares to adopt the IESBA&rsquo;s framework of standards to respond to non-compliance with laws and regulations (NOCLAR), Brazilian lawyers, accountants and auditors met to discuss its implications.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/brazilian-lawyers-and-accountants-meet-ahead-of-noclar-implementation/</link><pubDate>Tue, 21 Feb 2017 17:47:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/brazilian-lawyers-and-accountants-meet-ahead-of-noclar-implementation/</guid></item><item><title><![CDATA[GRI and integrated reporting make strides in India]]></title><description><![CDATA[An official circular by the Securities and Exchange Board of India (SEBI) and a linkage document released by the Bombay Stock Exchange (BSE) put integrated reporting () and GRI at the forefront of corporate reporting in India.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/gri-and-integrated-reporting-make-strides-in-india/</link><pubDate>Tue, 21 Feb 2017 12:52:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/gri-and-integrated-reporting-make-strides-in-india/</guid></item><item><title><![CDATA[UK FRC to launch a review of the UK corporate governance code]]></title><description><![CDATA[The UK Financial Reporting Council (FRC) has announced it will launched a review of the UK corporate governance code later this year, but no specific date has been communicated.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/uk-frc-to-launch-a-review-of-the-uk-corporate-governance-code/</link><pubDate>Mon, 20 Feb 2017 18:44:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/uk-frc-to-launch-a-review-of-the-uk-corporate-governance-code/</guid></item><item><title><![CDATA[Adoption of FRS 115 expected to be a challenge for Singapore companies]]></title><description><![CDATA[With less than a year until the 1 January, 2018 implementation deadline, many companies in Singapore will face challenges as they have not started the implementation of FRS 115, according to a survey by EY Singapore.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/adoption-of-frs-115-expected-to-be-a-challenge-for-singapore-companies/</link><pubDate>Thu, 16 Feb 2017 18:56:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/adoption-of-frs-115-expected-to-be-a-challenge-for-singapore-companies/</guid></item><item><title><![CDATA[Senior partner of HLB Indian member firm becomes president of the institute]]></title><description><![CDATA[The Institute of Chartered Accountants of India (ICAI) has appointed Nilesh Vikamsey as president and Naveen N.D.Gupta as vice-president for year 2017-18.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/senior-partner-of-hlb-indian-member-firm-becomes-president-of-the-institute/</link><pubDate>Thu, 16 Feb 2017 17:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/senior-partner-of-hlb-indian-member-firm-becomes-president-of-the-institute/</guid></item><item><title><![CDATA[South African professional body concerned over new financial bill]]></title><description><![CDATA[The South African Institute of Professional Accountants (SAIPA) has questioned the constitutionality of the Financial Intelligence Centre Amendment (FICA) bill.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/south-african-professional-body-concerned-over-new-financial-bill/</link><pubDate>Thu, 16 Feb 2017 16:01:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/south-african-professional-body-concerned-over-new-financial-bill/</guid></item><item><title><![CDATA[ACCA President’s Debate in Brussels, ‘Accounting for public goods’ discussed]]></title><description><![CDATA[During the Association of Chartered Certified Accountants&rsquo; (ACCA&rsquo;s) President&rsquo;s Debate, in Brussels, both EU and global stakeholders discussed engagement among professionals to address the challenges and define the next steps to further embed natural capital and social considerations in business decision making.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/acca-presidents-debate-in-brussels-accounting-for-public-goods-discussed/</link><pubDate>Wed, 15 Feb 2017 17:48:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/acca-presidents-debate-in-brussels-accounting-for-public-goods-discussed/</guid></item><item><title><![CDATA[EFRAG publishes draft endorsement advice on IFRS 16]]></title><description><![CDATA[The European Financial Reporting Advisory Group (EFRAG) has published the draft endorsement advice on IFRS 16 after having assessed the standard as conducive to the European public good.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/efrag-publishes-draft-endorsement-advice-on-ifrs-16/</link><pubDate>Wed, 15 Feb 2017 17:15:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/efrag-publishes-draft-endorsement-advice-on-ifrs-16/</guid></item><item><title><![CDATA[Finance of the future at Oracle Modern Business]]></title><description><![CDATA[Modern Business Experience, presented by Oracle, took place from 1-2 February to provide insight and intelligence from thought leaders on the modern business world. The event schedule had two breakout sessions for finance and accounting.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/finance-of-the-future-at-oracle-modern-business/</link><pubDate>Wed, 15 Feb 2017 10:17:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/finance-of-the-future-at-oracle-modern-business/</guid></item><item><title><![CDATA[IMA officially opens UK Chapter]]></title><description><![CDATA[The Institute of Management Accountants (IMA) has officially opened its UK Chapter with an inauguration conference which took place on 3 February.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ima-officially-opens-uk-chapter/</link><pubDate>Wed, 15 Feb 2017 10:13:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ima-officially-opens-uk-chapter/</guid></item><item><title><![CDATA[GRI Global Sustainability Standards Board appoints new chair and board members]]></title><description><![CDATA[The GRI Global Sustainability Standards Board (GSSB) has appointed a new chair and six new board members.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/gri-global-sustainability-standards-board-appoints-new-chair-and-board-members/</link><pubDate>Tue, 14 Feb 2017 18:02:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/gri-global-sustainability-standards-board-appoints-new-chair-and-board-members/</guid></item><item><title><![CDATA[GRI Global Sustainability Standards Board appoints new chair and board members]]></title><description><![CDATA[The GRI Global Sustainability Standards Board (GSSB) has appointed a new chair and six new board members.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/gri-global-sustainability-standards-board-appoints-new-chair-and-board-members/</link><pubDate>Tue, 14 Feb 2017 18:02:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/gri-global-sustainability-standards-board-appoints-new-chair-and-board-members/</guid></item><item><title><![CDATA[Swiss vote against tax reform]]></title><description><![CDATA[In a referendum on Sunday, around 59% of Swiss voters chose against the plans for corporate tax reform.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/swiss-vote-against-tax-reform/</link><pubDate>Tue, 14 Feb 2017 16:54:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/swiss-vote-against-tax-reform/</guid></item><item><title><![CDATA[Swiss vote against tax reform]]></title><description><![CDATA[In a referendum on Sunday, around 59% of Swiss voters chose against the plans for corporate tax reform.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/swiss-vote-against-tax-reform/</link><pubDate>Tue, 14 Feb 2017 16:54:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/swiss-vote-against-tax-reform/</guid></item><item><title><![CDATA[PCAOB announces $1m settlement with Indonesian EY member]]></title><description><![CDATA[The Public Company Accounting Oversight Board (PCAOB) has announced that it has censured and imposed a $1m civil penalty on KAP Purwantono, Suherman &amp; Surja an Indonesian member of EY global network.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pcaob-announces-1m-settlement-with-indonesian-ey-member/</link><pubDate>Tue, 14 Feb 2017 16:50:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pcaob-announces-1m-settlement-with-indonesian-ey-member/</guid></item><item><title><![CDATA[PCAOB announces $1m settlement with Indonesian EY member]]></title><description><![CDATA[The Public Company Accounting Oversight Board (PCAOB) has announced that it has censured and imposed a $1m civil penalty on KAP Purwantono, Suherman &amp; Surja an Indonesian member of EY global network.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pcaob-announces-1m-settlement-with-indonesian-ey-member/</link><pubDate>Tue, 14 Feb 2017 16:50:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pcaob-announces-1m-settlement-with-indonesian-ey-member/</guid></item><item><title><![CDATA[ACCA and CAT study shows demand for accountants over Brexit process]]></title><description><![CDATA[The Association of Chartered Certified Accountants (ACCA) and the Association of Accounting Technicians (CAT) have published a study showing that Members of Parliament believe accountants will be increasingly in demand during the Brexit process.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/acca-and-cat-study-shows-demand-for-accountants-over-brexit-process/</link><pubDate>Tue, 14 Feb 2017 15:31:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/acca-and-cat-study-shows-demand-for-accountants-over-brexit-process/</guid></item><item><title><![CDATA[IFRS gain slow momentum amongst Islamic Financial Institutions]]></title><description><![CDATA[More Islamic Financial Institutions (IFIs) are compliant with IFRS in 2016 compared to 2014 but overall IFRS compliance remains low amongst IFIs, according to data from the Asian-Oceanian Standard-Setters Group (AOSSG).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifrs-gain-slow-momentum-amongst-islamic-financial-institutions/</link><pubDate>Mon, 13 Feb 2017 20:30:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifrs-gain-slow-momentum-amongst-islamic-financial-institutions/</guid></item><item><title><![CDATA[Sue Lloyd, vice-chair of the IASB, appointed chair of the IFRS Interpretations Committee]]></title><description><![CDATA[Sue Lloyd, vice-chair of the IASB has been appointed as chair of the IFRS Interpretations Committee.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sue-lloyd-vice-chair-of-the-iasb-appointed-chair-of-the-ifrs-interpretations-committee/</link><pubDate>Mon, 13 Feb 2017 15:44:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sue-lloyd-vice-chair-of-the-iasb-appointed-chair-of-the-ifrs-interpretations-committee/</guid></item><item><title><![CDATA[USA Congress buries transparency and anti-corruption requirements for USA listed extractive companies]]></title><description><![CDATA[On 3 February, the Congress of the USA voted to dismantle the SEC implementation of Section 1504 of the Dodd-Frank Act 2010, a transparency and anti-corruption rule mandating USA listed extractive companies to disclose payments of $100,000 or more made to the foreign governments where they do business at project level during one fiscal year.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/usa-congress-buries-transparency-and-anti-corruption-requirements-for-usa-listed-extractive-companies/</link><pubDate>Thu, 09 Feb 2017 12:19:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/usa-congress-buries-transparency-and-anti-corruption-requirements-for-usa-listed-extractive-companies/</guid></item><item><title><![CDATA[Tender and auditors rotation improve audit confident: UK FRC]]></title><description><![CDATA[Retendering and rotation of auditors helps improve audit confidence, according to the UK Financial Reporting Council (FRC).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tender-and-auditors-rotation-improve-audit-confident-uk-frc/</link><pubDate>Wed, 08 Feb 2017 17:04:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tender-and-auditors-rotation-improve-audit-confident-uk-frc/</guid></item><item><title><![CDATA[Tender and auditors rotation improve audit confidence: UK FRC]]></title><description><![CDATA[Retendering and rotation of auditors helps improve audit confidence, according to the UK Financial Reporting Council (FRC).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tender-and-auditors-rotation-improve-audit-confidence-uk-frc/</link><pubDate>Wed, 08 Feb 2017 17:04:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tender-and-auditors-rotation-improve-audit-confidence-uk-frc/</guid></item><item><title><![CDATA[ICAEW announces Vice-President for 2017-18]]></title><description><![CDATA[The Institute of Chartered Accountants in England and Wales (ICAEW) has announced Fiona Wilkinson as the elected vice-president of ICAEW for 2017-2018.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/icaew-announces-vice-president-for-2017-18/</link><pubDate>Wed, 08 Feb 2017 12:32:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/icaew-announces-vice-president-for-2017-18/</guid></item><item><title><![CDATA[Jean-Paul Servais has been appointed as the new chair of the IFRS Monitoring Board]]></title><description><![CDATA[The IFRS Foundation Monitoring Board has announced that Jean- Paul Servais, has been appointed as the new chair of the Monitoring Board, starting from March 2017.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/jean-paul-servais-has-been-appointed-as-the-new-chair-of-the-ifrs-monitoring-board/</link><pubDate>Mon, 06 Feb 2017 17:26:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/jean-paul-servais-has-been-appointed-as-the-new-chair-of-the-ifrs-monitoring-board/</guid></item><item><title><![CDATA[Key highlights of India Union Budget 2017]]></title><description><![CDATA[The Union Budget 2017 for India was presented in Parliament on 1 February by finance minister Arun Jaitley.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/key-highlights-of-india-union-budget-2017/</link><pubDate>Mon, 06 Feb 2017 16:49:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/key-highlights-of-india-union-budget-2017/</guid></item><item><title><![CDATA[CIPFA and ICAB sign MoU to strengthen public financial management in Bangladesh]]></title><description><![CDATA[The Chartered Institute of Public Finance and Accountancy (CIPFA) and the Institute of Chartered Accountants of Bangladesh (ICAB) signed a Memorandum of Understanding (MoU) on 1 February to help strengthen public financial management in Bangladesh.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/cipfa-and-icab-sign-mou-to-strengthen-public-financial-management-in-bangladesh/</link><pubDate>Mon, 06 Feb 2017 16:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/cipfa-and-icab-sign-mou-to-strengthen-public-financial-management-in-bangladesh/</guid></item><item><title><![CDATA[First meeting held between Japanese and Italian accounting standard setters]]></title><description><![CDATA[The Accounting Standards Board of Japan (ASBJ) held a joint meeting with Italian standard-setter Organismo Italiano di Contabilit&agrave; (OIC). The meeting was the first bilateral meeting between the two standard-setters and was held in Tokyo.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/first-meeting-held-between-japanese-and-italian-accounting-standard-setters/</link><pubDate>Mon, 06 Feb 2017 15:57:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/first-meeting-held-between-japanese-and-italian-accounting-standard-setters/</guid></item><item><title><![CDATA[Firm expansions: Grant Thornton, Moore Stevens, MGI Latin America, CIPFA and ICAB]]></title><description><![CDATA[Grant Thornton will expand its operations in Bosnia, Croatia and Slovenia. The firm announced today that it will gain a total of 4 new offices and add 76 professionals in this expansion.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/firm-expansions-grant-thornton-moore-stevens-mgi-latin-america-cipfa-and-icab/</link><pubDate>Fri, 03 Feb 2017 17:45:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/firm-expansions-grant-thornton-moore-stevens-mgi-latin-america-cipfa-and-icab/</guid></item><item><title><![CDATA[KPMG: Cybersecurity is the biggest internal audit risk in 2017]]></title><description><![CDATA[The focus for internal auditors should be on cybersecurity, according to the report; KPMG Internal Audit; Top 10 Considerations for 2017.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-cybersecurity-is-the-biggest-internal-audit-risk-in-2017/</link><pubDate>Thu, 02 Feb 2017 18:42:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-cybersecurity-is-the-biggest-internal-audit-risk-in-2017/</guid></item><item><title><![CDATA[OECD peer review documents assess BEPS minimum standards]]></title><description><![CDATA[The Organisation for Economic Co-operation and Development (OECD) has released peer review documents to assess Base Erosion Profit Shifting (BEPS) minimum standards.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/oecd-peer-review-documents-assess-beps-minimum-standards/</link><pubDate>Thu, 02 Feb 2017 16:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/oecd-peer-review-documents-assess-beps-minimum-standards/</guid></item><item><title><![CDATA[IPSASB releases accounting standard IPSAS 40]]></title><description><![CDATA[The International Public Sector Accounting Standards Board (IPSASB) today issued the accounting standard IPSAS 40.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ipsasb-releases-accounting-standard-ipsas-40/</link><pubDate>Wed, 01 Feb 2017 16:29:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ipsasb-releases-accounting-standard-ipsas-40/</guid></item><item><title><![CDATA[News brief: AASB releases improvements for Reduced Disclosure Requirements]]></title><description><![CDATA[The Australian Accounting Standards Board (AASB) has released proposals to Reduced Disclosure Requirements (RDR), which they say present &ldquo;significant improvement&rdquo;.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-aasb-releases-improvements-for-reduced-disclosure-requirements/</link><pubDate>Wed, 01 Feb 2017 16:11:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-aasb-releases-improvements-for-reduced-disclosure-requirements/</guid></item><item><title><![CDATA[News brief: Former IASB vice-chairman becomes chair of Corporate Reporting Dialogue]]></title><description><![CDATA[Ian Mackintosh, former vice-chairman of the International Accounting Standards Board (IASB), has been announced as the new chair of Corporate Reporting Dialogue. Mackintosh stood down in June 2016 after five years in his role as vice-chairman.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-former-iasb-vice-chairman-becomes-chair-of-corporate-reporting-dialogue/</link><pubDate>Wed, 01 Feb 2017 16:01:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-former-iasb-vice-chairman-becomes-chair-of-corporate-reporting-dialogue/</guid></item><item><title><![CDATA[News brief: Doing Business in Russia Guide released by MGI GNK Group]]></title><description><![CDATA[MGI Worldwide member, MGI GNK Group, based in Moscow, has released a new version of their guide to Doing Business in Russia.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-doing-business-in-russia-guide-released-by-mgi-gnk-group/</link><pubDate>Tue, 31 Jan 2017 17:59:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-doing-business-in-russia-guide-released-by-mgi-gnk-group/</guid></item><item><title><![CDATA[News brief: IAPA welcomes new firm in Saudi Arabia]]></title><description><![CDATA[Al Baraki Chartered Accountants has been appointed to the IAPA membership, which is the association&rsquo;s first firm in Saudi Arabia.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-iapa-welcomes-new-firm-in-saudi-arabia/</link><pubDate>Tue, 31 Jan 2017 17:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-iapa-welcomes-new-firm-in-saudi-arabia/</guid></item><item><title><![CDATA[News brief: Frazier &amp; Deeter joins PKF International]]></title><description><![CDATA[PKF International has signed Frazier &amp; Deeter, one of the top 100 firms of Certified Public Accountants (CPAs) in the US, to its global network.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-frazier-amp-deeter-joins-pkf-international/</link><pubDate>Tue, 31 Jan 2017 17:41:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-frazier-amp-deeter-joins-pkf-international/</guid></item><item><title><![CDATA[News brief: Trump appoints acting chairman at SEC as directors also resign]]></title><description><![CDATA[The SEC has announced that OCIE director Marc Wyatt and Wenchi Hu, the associate director in the Division of Trading and Markets will leave the agency.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-trump-appoints-acting-chairman-at-sec-as-directors-also-resign/</link><pubDate>Tue, 31 Jan 2017 16:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-trump-appoints-acting-chairman-at-sec-as-directors-also-resign/</guid></item><item><title><![CDATA[News brief: Praxity Global Alliance reports 8% revenues increase]]></title><description><![CDATA[Praxity Global Alliance has said its global revenues increased to US$4.75bn, a 7.8% year on year increase for ten consecutive years, a record high for the financial year ended 31 December 2016.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-praxity-global-alliance-reports-8-revenues-increase/</link><pubDate>Tue, 31 Jan 2017 15:15:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-praxity-global-alliance-reports-8-revenues-increase/</guid></item><item><title><![CDATA[FSA publishes draft audit firm governance code]]></title><description><![CDATA[Japan&rsquo;s Financial Services Agency (FSA) has published a draft audit firm governance code consisting of five principles and related guidance for implementation.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/fsa-publishes-draft-audit-firm-governance-code/</link><pubDate>Mon, 30 Jan 2017 17:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/fsa-publishes-draft-audit-firm-governance-code/</guid></item><item><title><![CDATA[ICAS calls for changes to FCA regulation]]></title><description><![CDATA[Consumer credit authorisation regime changes have been called for by ICAS in response to the consultation from the Financial Conduct Authority (FCA).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/icas-calls-for-changes-to-fca-regulation/</link><pubDate>Fri, 27 Jan 2017 17:07:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/icas-calls-for-changes-to-fca-regulation/</guid></item><item><title><![CDATA[OECD tax initiatives welcome new signatories]]></title><description><![CDATA[Seven countries have join the OECD&rsquo;s automatic Country-by-Country (CbC) reporting agreement.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/oecd-tax-initiatives-welcome-new-signatories/</link><pubDate>Fri, 27 Jan 2017 17:06:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/oecd-tax-initiatives-welcome-new-signatories/</guid></item><item><title><![CDATA[News brief: Accounting scandals roundup of BT Group, Tesco, Morgan Stanley and Citigroup]]></title><description><![CDATA[A roundup of todays accounting scandals including the profits dip of BT, lawsuits and accelerated audit tender, Tesco's new lawsuit, and Morgan Stanley and Citigroup's huge fine from the SEC.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-accounting-scandals-roundup-of-bt-group-tesco-morgan-stanley-and-citigroup/</link><pubDate>Fri, 27 Jan 2017 17:01:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-accounting-scandals-roundup-of-bt-group-tesco-morgan-stanley-and-citigroup/</guid></item><item><title><![CDATA[IESBA completes first major phase of Code of Ethics restructure]]></title><description><![CDATA[Restructuring the international Code of Ethics enters its final stage as its first phase is completed, announced the International Ethics Standards Board for Accountants (IESBA).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/iesba-completes-first-major-phase-of-code-of-ethics-restructure/</link><pubDate>Fri, 27 Jan 2017 16:49:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/iesba-completes-first-major-phase-of-code-of-ethics-restructure/</guid></item><item><title><![CDATA[News Brief: EU audit rules implementation state of play released]]></title><description><![CDATA[An updated state of play has been presented by Accountancy Europe, six months after the implementation deadline, showing 31 European countries including 28 EU Member States.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-eu-audit-rules-implementation-state-of-play-released/</link><pubDate>Fri, 27 Jan 2017 16:27:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-eu-audit-rules-implementation-state-of-play-released/</guid></item><item><title><![CDATA[EU Greens’s report on Tax evasion targets middle-men]]></title><description><![CDATA[The role of intermediaries in tax evasion has been revealed by the European Parliament group Greens/EFA who scanned through the data of the panama papers, the offshore leaks and the Bahamas papers.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eu-greenss-report-on-tax-evasion-targets-middle-men/</link><pubDate>Thu, 26 Jan 2017 17:11:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eu-greenss-report-on-tax-evasion-targets-middle-men/</guid></item><item><title><![CDATA[News Brief: AAT becomes an approved Apprentice Assessment Organisation]]></title><description><![CDATA[The AAT has announced that it has been approved as an Apprentice Assessment Organisation (AAO) for the Accounting Trailblazer Apprenticeships, which allow employers to design them.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-aat-becomes-an-approved-apprentice-assessment-organisation/</link><pubDate>Thu, 26 Jan 2017 16:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-aat-becomes-an-approved-apprentice-assessment-organisation/</guid></item><item><title><![CDATA[News Brief: CIPFA and the Institute of Cost Accountants of India sign MoU]]></title><description><![CDATA[The Chartered Institute of Public Finance and Accountancy (CIPFA) and the Institute of Cost Accountants of India (ICAI) signed a MoU (Memorandum of Understanding) to help strengthen public financial management in India.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-cipfa-and-the-institute-of-cost-accountants-of-india-sign-mou/</link><pubDate>Thu, 26 Jan 2017 15:59:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-cipfa-and-the-institute-of-cost-accountants-of-india-sign-mou/</guid></item><item><title><![CDATA[News Brief: BDO UK is looking for 350 trainees]]></title><description><![CDATA[The firm is calling on students across the UK to consider a career in accountancy and attract hidden talent and ambitious millennials.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-bdo-uk-is-looking-for-350-trainees/</link><pubDate>Thu, 26 Jan 2017 15:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-bdo-uk-is-looking-for-350-trainees/</guid></item><item><title><![CDATA[Make USA GAAP great again not a new motto, Hoogervorst tells ECON]]></title><description><![CDATA[The IASB chairman Hans Hoogervorst and IFRS Foundation Trustees chairman Michel Prada met with newly re-elected chairman of the Committee on Economic and Monetary Affairs (ECON) of the European Parliament, Roberto Gualteri.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/make-usa-gaap-great-again-not-a-new-motto-hoogervorst-tells-econ/</link><pubDate>Thu, 26 Jan 2017 15:32:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/make-usa-gaap-great-again-not-a-new-motto-hoogervorst-tells-econ/</guid></item><item><title><![CDATA[Tax authorities target intermediaries]]></title><description><![CDATA[Tax authorities from 30 countries have met in Paris earlier this month for the meeting of the Joint International Taskforce on Shared Intelligence and Collaboration (JITSIC) on Panama Paper, an informal group of tax agencies, sharing tax information and results of investigations consequent to the panama papers.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tax-authorities-target-intermediaries/</link><pubDate>Wed, 25 Jan 2017 17:47:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tax-authorities-target-intermediaries/</guid></item><item><title><![CDATA[Tax authorities target intermediaries]]></title><description><![CDATA[Tax authorities from 30 countries have met in Paris earlier this month for the meeting of the Joint International Taskforce on Shared Intelligence and Collaboration (JITSIC) on Panama Paper, an informal group of tax agencies, sharing tax information and results of investigations consequent to the panama papers.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tax-authorities-target-intermediaries/</link><pubDate>Wed, 25 Jan 2017 17:47:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tax-authorities-target-intermediaries/</guid></item><item><title><![CDATA[London School of Business &amp; Finance signs partnership with PwC]]></title><description><![CDATA[The London School of Business and Finance (LSBF) has signed a partnership with PwC Central and Eastern Europe (CEE) to become the official provider of ACCA tuition material for the PwC CEE Academy.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/london-school-of-business-amp-finance-signs-partnership-with-pwc/</link><pubDate>Wed, 25 Jan 2017 17:33:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/london-school-of-business-amp-finance-signs-partnership-with-pwc/</guid></item><item><title><![CDATA[London School of Business &amp; Finance signs partnership with PwC]]></title><description><![CDATA[The London School of Business and Finance (LSBF) has signed a partnership with PwC Central and Eastern Europe (CEE) to become the official provider of ACCA tuition material for the PwC CEE Academy.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/london-school-of-business-amp-finance-signs-partnership-with-pwc/</link><pubDate>Wed, 25 Jan 2017 17:33:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/london-school-of-business-amp-finance-signs-partnership-with-pwc/</guid></item><item><title><![CDATA[News briefs: Singapore Minister for Finance appoints new chief executive to the regulatory body]]></title><description><![CDATA[Ong Khiaw Hong has been appointed as the new chief executive of the Accounting and Corporate Regulatory Authority (ACRA), effective 1 April 2017.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-singapore-minister-for-finance-appoints-new-chief-executive-to-the-regulatory-body/</link><pubDate>Wed, 25 Jan 2017 17:27:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-singapore-minister-for-finance-appoints-new-chief-executive-to-the-regulatory-body/</guid></item><item><title><![CDATA[News briefs: Singapore Minister for Finance appoints new chief executive to the regulatory body]]></title><description><![CDATA[Ong Khiaw Hong has been appointed as the new chief executive of the Accounting and Corporate Regulatory Authority (ACRA), effective 1 April 2017.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-singapore-minister-for-finance-appoints-new-chief-executive-to-the-regulatory-body/</link><pubDate>Wed, 25 Jan 2017 17:27:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-singapore-minister-for-finance-appoints-new-chief-executive-to-the-regulatory-body/</guid></item><item><title><![CDATA[An age of uncertainty, reveals IMA and ACCA survey]]></title><description><![CDATA[Economic confidence in the fourth quarter of 2016 has dipped globally except in the USA, according to the 2016 Global Economic Conditions Survey (GECS) by ACCA and the Institute of Management Accountants (IMA).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/an-age-of-uncertainty-reveals-ima-and-acca-survey/</link><pubDate>Tue, 24 Jan 2017 14:36:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/an-age-of-uncertainty-reveals-ima-and-acca-survey/</guid></item><item><title><![CDATA[News Brief: Hong Kong sings tax agreement with South Korea]]></title><description><![CDATA[Hong Kong has signed a tax agreement with South Korea following on similar agreement with Japan and the UK to provide automatic exchange of financial account information in tax matters in 2019.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-hong-kong-sings-tax-agreement-with-south-korea/</link><pubDate>Tue, 24 Jan 2017 14:06:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-hong-kong-sings-tax-agreement-with-south-korea/</guid></item><item><title><![CDATA[News Brief: Hong Kong signs tax agreement with South Korea]]></title><description><![CDATA[Hong Kong has signed a tax agreement with South Korea following on similar agreement with Japan and the UK to provide automatic exchange of financial account information in tax matters in 2019.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-hong-kong-signs-tax-agreement-with-south-korea/</link><pubDate>Tue, 24 Jan 2017 14:06:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-hong-kong-signs-tax-agreement-with-south-korea/</guid></item><item><title><![CDATA[Sri Lankan Institute joins Chartered Accountants Worldwide]]></title><description><![CDATA[The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has joined Chartered Accountants Worldwide (CAW).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sri-lankan-institute-joins-chartered-accountants-worldwide/</link><pubDate>Tue, 24 Jan 2017 14:04:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sri-lankan-institute-joins-chartered-accountants-worldwide/</guid></item><item><title><![CDATA[Finance Bill 2017: Digital Tax “scrutinised” by Lords]]></title><description><![CDATA[A Sub-Committee has been created to analyse Making Tax Digital in the Finance Bill 2017.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/finance-bill-2017-digital-tax-scrutinised-by-lords/</link><pubDate>Mon, 23 Jan 2017 17:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/finance-bill-2017-digital-tax-scrutinised-by-lords/</guid></item><item><title><![CDATA[News Brief: push for accrual accounting in the Middle East]]></title><description><![CDATA[The International Arab Society of Certified Accountants (IASCA) said it was committed to support and promote adoption of the International Public Sector Accounting Standards (IPSAS) in the Middle East as well as helping Arab accounting institutes to obtain IFAC membership.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-push-for-accrual-accounting-in-the-middle-east/</link><pubDate>Mon, 23 Jan 2017 15:36:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-push-for-accrual-accounting-in-the-middle-east/</guid></item><item><title><![CDATA[Nigerian president dissolves the board of the national regulator]]></title><description><![CDATA[The President of Nigeria&rsquo;s Federal Government Muhammadu Buhari, suspended the application of the national Corporate Governance Code and dissolved the board of the Financial Reporting Council (FRC) of Nigeria.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/nigerian-president-dissolves-the-board-of-the-national-regulator/</link><pubDate>Mon, 23 Jan 2017 12:17:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/nigerian-president-dissolves-the-board-of-the-national-regulator/</guid></item><item><title><![CDATA[Nigerian president dissolves the board of the national regulator]]></title><description><![CDATA[The President of Nigeria&rsquo;s Federal Government Muhammadu Buhari, suspended the application of the national Corporate Governance Code and dissolved the board of the Financial Reporting Council (FRC) of Nigeria.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/nigerian-president-dissolves-the-board-of-the-national-regulator/</link><pubDate>Mon, 23 Jan 2017 12:17:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/nigerian-president-dissolves-the-board-of-the-national-regulator/</guid></item><item><title><![CDATA[Nigerian president disolves the board of the national regulator]]></title><description><![CDATA[The President of Nigeria&rsquo;s Federal Government Muhammadu Buhari, suspended the application of the national Corporate Governance Code and dissolved the board of the Financial Reporting Council (FRC) of Nigeria.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/nigerian-president-disolves-the-board-of-the-national-regulator/</link><pubDate>Mon, 23 Jan 2017 12:17:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/nigerian-president-disolves-the-board-of-the-national-regulator/</guid></item><item><title><![CDATA[News brief: International Valuation Standards Council launches new global standards]]></title><description><![CDATA[The International Valuation Council (IVSC) has launched new global standards, IVS 2017, for the valuation profession.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-international-valuation-standards-council-launches-new-global-standards/</link><pubDate>Wed, 18 Jan 2017 17:32:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-international-valuation-standards-council-launches-new-global-standards/</guid></item><item><title><![CDATA[News brief: International Valuation Standards Council launches new global standards]]></title><description><![CDATA[The International Valuation Council (IVSC) has launched new global standards, IVS 2017, for the valuation profession.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-international-valuation-standards-council-launches-new-global-standards/</link><pubDate>Wed, 18 Jan 2017 17:32:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-international-valuation-standards-council-launches-new-global-standards/</guid></item><item><title><![CDATA[News brief: ACCA signs MoU with Kazakhstan-based financial centre]]></title><description><![CDATA[ACCA Kazakhstan and Astana International Financial Centre (AIFC) in Kazakhstan have signed a Memorandum of Understanding (MoU) to cooperate in training the next generation of finance professional in Kazakhstan, effective December 2016.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-acca-signs-mou-with-kazakhstan-based-financial-centre/</link><pubDate>Wed, 18 Jan 2017 17:22:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-acca-signs-mou-with-kazakhstan-based-financial-centre/</guid></item><item><title><![CDATA[News brief: ACCA signs MoU with Kazakhstan-based financial centre]]></title><description><![CDATA[ACCA Kazakhstan and Astana International Financial Centre (AIFC) in Kazakhstan have signed a Memorandum of Understanding (MoU) to cooperate in training the next generation of finance professional in Kazakhstan, effective December 2016.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-acca-signs-mou-with-kazakhstan-based-financial-centre/</link><pubDate>Wed, 18 Jan 2017 17:22:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-acca-signs-mou-with-kazakhstan-based-financial-centre/</guid></item><item><title><![CDATA[Palestinian University receive accreditation from Arab Society of Certified Accountants]]></title><description><![CDATA[The Palestine Technical University (PTS) of Khadoorie has been accredited by the Arab Society of Certified Accountants as a certified examination centre for international qualifications and certificates in accounting.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/palestinian-university-receive-accreditation-from-arab-society-of-certified-accountants/</link><pubDate>Wed, 18 Jan 2017 17:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/palestinian-university-receive-accreditation-from-arab-society-of-certified-accountants/</guid></item><item><title><![CDATA[Palestinian University receive accreditation from Arab Society of Certified Accountants]]></title><description><![CDATA[The Palestine Technical University (PTS) of Khadoorie has been accredited by the Arab Society of Certified Accountants as a certified examination centre for international qualifications and certificates in accounting.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/palestinian-university-receive-accreditation-from-arab-society-of-certified-accountants/</link><pubDate>Wed, 18 Jan 2017 17:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/palestinian-university-receive-accreditation-from-arab-society-of-certified-accountants/</guid></item><item><title><![CDATA[Palestinian University accredited by Arab Society of Certified Accountants]]></title><description><![CDATA[The Palestine Technical University (PTS) of Khadoorie has been accredited by the Arab Society of Certified Accountants as a certified examination centre for international qualifications and certificates in accounting.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/palestinian-university-accredited-by-arab-society-of-certified-accountants/</link><pubDate>Wed, 18 Jan 2017 17:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/palestinian-university-accredited-by-arab-society-of-certified-accountants/</guid></item><item><title><![CDATA[Palestinian University accreditated by Arab Society of Certified Accountants]]></title><description><![CDATA[The Palestine Technical University (PTS) of Khadoorie has been accredited by the Arab Society of Certified Accountants as a certified examination centre for international qualifications and certificates in accounting.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/palestinian-university-accreditated-by-arab-society-of-certified-accountants/</link><pubDate>Wed, 18 Jan 2017 17:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/palestinian-university-accreditated-by-arab-society-of-certified-accountants/</guid></item><item><title><![CDATA[A not so “global” world when it comes to “global” standards]]></title><description><![CDATA[One would think that in this so called globalised world, every day more digital thus dematerialised, the physical location of the headquarters of a global organisation would be irrelevant. However the UK FRC seems to be concerned of the IFRS foundation possible move overseas.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/a-not-so-global-world-when-it-comes-to-global-standards/</link><pubDate>Tue, 17 Jan 2017 14:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/a-not-so-global-world-when-it-comes-to-global-standards/</guid></item><item><title><![CDATA[News brief: ACCA launches forum on education]]></title><description><![CDATA[The ACCA has launched a global education forum which will take place regularly starting February 2017 to debate key issues in global accounting education.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-acca-launches-forum-on-education/</link><pubDate>Thu, 12 Jan 2017 18:56:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-acca-launches-forum-on-education/</guid></item><item><title><![CDATA[News brief: IFRS Foundation trustees appoint Tom Scott as IASB member]]></title><description><![CDATA[IFRS Foundation trustees have appointed Tom Scott as a board member to the IASB.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-ifrs-foundation-trustees-appoint-tom-scott-as-iasb-member/</link><pubDate>Thu, 12 Jan 2017 18:45:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-ifrs-foundation-trustees-appoint-tom-scott-as-iasb-member/</guid></item><item><title><![CDATA[EU Commission publishes a study on green bond calling for greater standardisation]]></title><description><![CDATA[The EU commission has published a study on green bonds which looked at the extending the accounting and disclosure requirements of green bonds to other non-green bonds as one way to harmonize green bonds frameworks across the European Union.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eu-commission-publishes-a-study-on-green-bond-calling-for-greater-standardisation/</link><pubDate>Thu, 12 Jan 2017 14:16:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eu-commission-publishes-a-study-on-green-bond-calling-for-greater-standardisation/</guid></item><item><title><![CDATA[Malta’s EU presidency’s priorities in financial services and taxation]]></title><description><![CDATA[Malta has set a list of priorities for its presidency of the EU Council running from 1 January to June 2017. This includes a significant list of projects related to financial services and taxation.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/maltas-eu-presidencys-priorities-in-financial-services-and-taxation/</link><pubDate>Thu, 12 Jan 2017 13:54:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/maltas-eu-presidencys-priorities-in-financial-services-and-taxation/</guid></item><item><title><![CDATA[News brief: three more countries join BEPS framework]]></title><description><![CDATA[Kazakhstan, C&ocirc;te d&rsquo;Ivoire and Bermuda have joined the inclusive framework on BEPS bringing to 94 the total number of countries and jurisdictions participating in the project.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-three-more-countries-join-beps-framework/</link><pubDate>Thu, 12 Jan 2017 13:49:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-three-more-countries-join-beps-framework/</guid></item><item><title><![CDATA[IFAC endorses integrated reporting as the way forward for corporate reporting]]></title><description><![CDATA[IFAC has issued an updated paper on corporate reporting outlining its position that integrated reporting is the way to achieve a more coherent corporate reporting system, but some stakeholders while welcoming the announcement expressed contrasting views.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifac-endorses-integrated-reporting-as-the-way-forward-for-corporate-reporting/</link><pubDate>Wed, 11 Jan 2017 18:12:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifac-endorses-integrated-reporting-as-the-way-forward-for-corporate-reporting/</guid></item><item><title><![CDATA[News brief: ACCA and Morison KSi sign MoU]]></title><description><![CDATA[The Association of Chartered Certified Accountants (ACCA) and Morison KSi have signed a Memorandum of Understanding (MoU).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-acca-and-morison-ksi-sign-mou/</link><pubDate>Wed, 11 Jan 2017 14:36:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-acca-and-morison-ksi-sign-mou/</guid></item><item><title><![CDATA[OECD preparing reports on tax certainty and inclusive growth]]></title><description><![CDATA[The Organisation for Economic Cooperation and Development (OECD) is preparing a final report on tax certainty and predictability for the upcoming G7 Finance Ministers&rsquo; meeting in May 2017, Giorgia Maffini, deputy head of Tax Policy and Administration announced in the OECD&rsquo;s 4th Tax Talk series in OECD.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/oecd-preparing-reports-on-tax-certainty-and-inclusive-growth/</link><pubDate>Fri, 06 Jan 2017 13:31:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/oecd-preparing-reports-on-tax-certainty-and-inclusive-growth/</guid></item><item><title><![CDATA[News brief: Belarus adopts IFRS and IAS]]></title><description><![CDATA[Belarus has adopted IFRS and IAS effective 1 January 2017.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-belarus-adopts-ifrs-and-ias/</link><pubDate>Fri, 06 Jan 2017 13:13:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-belarus-adopts-ifrs-and-ias/</guid></item><item><title><![CDATA[Trump nominates Jay Clayton as new chairman of SEC]]></title><description><![CDATA[President-elect Donald Trump has announced the nomination of Jay Clayton as the new chairman of the USA Securities and Exchange Commission (SEC). Pending the USA Senate confirmation, Clayton will take over Mary Jo White.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/trump-nominates-jay-clayton-as-new-chairman-of-sec/</link><pubDate>Thu, 05 Jan 2017 17:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/trump-nominates-jay-clayton-as-new-chairman-of-sec/</guid></item><item><title><![CDATA[Businesses are starting to see the impacts of Brexit, according to new survey]]></title><description><![CDATA[Following the Brexit referendum, the UK is now a less attractive investment destination according to 41% of 700 European business leaders surveyed by the European Business Awards on behalf of RSM.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/businesses-are-starting-to-see-the-impacts-of-brexit-according-to-new-survey/</link><pubDate>Wed, 21 Dec 2016 15:29:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/businesses-are-starting-to-see-the-impacts-of-brexit-according-to-new-survey/</guid></item><item><title><![CDATA[News brief:  ACCA and Chinese institute sign partnership agreement]]></title><description><![CDATA[The Association of Chartered Certified Accountants (ACCA) and the Shanghai National Accounting Institute have signed a partnership agreement.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-acca-and-chinese-institute-sign-partnership-agreement/</link><pubDate>Wed, 21 Dec 2016 14:39:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-acca-and-chinese-institute-sign-partnership-agreement/</guid></item><item><title><![CDATA[Success Academy May Have Overcharged City for Special Education Services, Audit Says]]></title><description><![CDATA[The comptroller&rsquo;s office accused the city&rsquo;s largest charter school network of billing for special education services that Success Academy may not have provided. The network denied the audit&rsquo;s findings.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/success-academy-may-have-overcharged-city-for-special-education-services-audit-says/</link><pubDate>Tue, 20 Dec 2016 02:55:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/success-academy-may-have-overcharged-city-for-special-education-services-audit-says/</guid></item><item><title><![CDATA[Sustainability reporting and corporate governance round up]]></title><description><![CDATA[Latest news in sustainability reporting and corporate governance]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sustainability-reporting-and-corporate-governance-round-up/</link><pubDate>Fri, 16 Dec 2016 17:07:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sustainability-reporting-and-corporate-governance-round-up/</guid></item><item><title><![CDATA[News brief: EFRAG appoints vice-president]]></title><description><![CDATA[Andreas Barckow, president of the Accounting Standards Committee of Germany (ASCG), has been appointed vice-president of the board of the European Financial Reporting Advisory Group (EFRAG).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-efrag-appoints-vice-president/</link><pubDate>Fri, 16 Dec 2016 16:22:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-efrag-appoints-vice-president/</guid></item><item><title><![CDATA[TCFD recommendations for climate related disclosure released]]></title><description><![CDATA[The Task Force on Climate-related Financial Disclosures (TCFD) has published its first set of recommendation, which focuses on voluntary, decision-useful, climate-related disclosures required as part of mainstream financial filings.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tcfd-recommendations-for-climate-related-disclosure-released/</link><pubDate>Fri, 16 Dec 2016 16:09:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tcfd-recommendations-for-climate-related-disclosure-released/</guid></item><item><title><![CDATA[News brief: Monaco commits to implement automatic exchange of financial account information]]></title><description><![CDATA[Monaco has ratified the OECD&rsquo;s convention on Mutual Administrative Assistance in Tax Matters (the Convention).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-monaco-commits-to-implement-automatic-exchange-of-financial-account-information/</link><pubDate>Thu, 15 Dec 2016 19:08:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-monaco-commits-to-implement-automatic-exchange-of-financial-account-information/</guid></item><item><title><![CDATA[Tim Mohin elected as new chief executive of GRI]]></title><description><![CDATA[The Global Reporting Initiative (GRI) announced its new chief executive, Tim Mohin, effective from 16 January 2017. He takes over Eric Hespenheide who has led GRI for six months on an interim basis.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tim-mohin-elected-as-new-chief-executive-of-gri/</link><pubDate>Thu, 15 Dec 2016 18:35:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tim-mohin-elected-as-new-chief-executive-of-gri/</guid></item><item><title><![CDATA[Companies profits on the rise while corporate tax drops, Oxfam]]></title><description><![CDATA[Over the last 30 years the net profits of the world&rsquo;s largest companies more than tripled while the corporate tax receipts are falling across the world, according to a report by NGO Oxfam.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/companies-profits-on-the-rise-while-corporate-tax-drops-oxfam/</link><pubDate>Thu, 15 Dec 2016 16:38:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/companies-profits-on-the-rise-while-corporate-tax-drops-oxfam/</guid></item><item><title><![CDATA[Companies profits on the rise while corporate tax drops, Oxfam]]></title><description><![CDATA[Over the last 30 years the net profits of the world&rsquo;s largest companies more than tripled while the corporate tax receipts are falling across the world, according to a report by NGO Oxfam.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/companies-profits-on-the-rise-while-corporate-tax-drops-oxfam/</link><pubDate>Thu, 15 Dec 2016 16:38:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/companies-profits-on-the-rise-while-corporate-tax-drops-oxfam/</guid></item><item><title><![CDATA[CAQ calls for a robust conversation on non-GAAP financial measures]]></title><description><![CDATA[The Center for Audit Quality (CAQ) said that non-GAAP financial measures can provide useful insights about a company and called on a robust dialogue across the financial reporting supply chain to increase the usefulness of those insights to final users.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/caq-calls-for-a-robust-conversation-on-non-gaap-financial-measures/</link><pubDate>Wed, 14 Dec 2016 09:44:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/caq-calls-for-a-robust-conversation-on-non-gaap-financial-measures/</guid></item><item><title><![CDATA[Impact of Brexit and USA election on standard setting]]></title><description><![CDATA[The chairman of the International Accounting Standards Board (IASB), Hans Hoogervorst, has outlined the IASB&rsquo;s work plans for the immediate future in the context Brexit and the USA presidential election.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/impact-of-brexit-and-usa-election-on-standard-setting/</link><pubDate>Mon, 12 Dec 2016 16:43:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/impact-of-brexit-and-usa-election-on-standard-setting/</guid></item><item><title><![CDATA[Ivory Coast adopts accrual accounting public sector]]></title><description><![CDATA[Ivory Coast has adopted accrual accounting standard based on International Public Sector Accounting Standards (IPSAS), effective 1 January 2017, The Accountant has learnt.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ivory-coast-adopts-accrual-accounting-public-sector/</link><pubDate>Mon, 12 Dec 2016 15:26:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ivory-coast-adopts-accrual-accounting-public-sector/</guid></item><item><title><![CDATA[FEE celebrates 30th years anniversary with a rebranding and change in leadership]]></title><description><![CDATA[The Federation of European Accountants (FEE) has rebranded into Accountancy Europe and welcomed a new president.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/fee-celebrates-30th-years-anniversary-with-a-rebranding-and-change-in-leadership/</link><pubDate>Thu, 08 Dec 2016 12:47:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/fee-celebrates-30th-years-anniversary-with-a-rebranding-and-change-in-leadership/</guid></item><item><title><![CDATA[News brief: Arab Society of Certified Accountants partners with Jordan Audit Bureau for IPSAS training]]></title><description><![CDATA[The Jordan Audit Bureau staff received a training course in International Public Sector Accounting standards (IPSAS) bu the Arab Society of Certified Accountants (ASCA/Jordan) financed by the World Bank.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-arab-society-of-certified-accountants-partners-with-jordan-audit-bureau-for-ipsas-training/</link><pubDate>Tue, 06 Dec 2016 15:44:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-arab-society-of-certified-accountants-partners-with-jordan-audit-bureau-for-ipsas-training/</guid></item><item><title><![CDATA[Deloitte Brazil first Big Four to admit violating quality control standards to the PCAOB]]></title><description><![CDATA[Deloitte Brazilian member firm, Deloitte Touche Tohmatsu Auditores Independentes, will pay a record $8m civil penalty to settle charges including issuing materially false audit reports and attempting to cover up audit violations by improperly altering documents and providing false testimony.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/deloitte-brazil-first-big-four-to-admit-violating-quality-control-standards-to-the-pcaob/</link><pubDate>Tue, 06 Dec 2016 15:27:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/deloitte-brazil-first-big-four-to-admit-violating-quality-control-standards-to-the-pcaob/</guid></item><item><title><![CDATA[News brief: Chair of IFRS advisory council reappointed for second term]]></title><description><![CDATA[Joanna Perry was reappointed as chair of the IFRS advisory council for a second three-year term, effective 1 January 2017. she has been in the position since April 2014.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-chair-of-ifrs-advisory-council-reappointed-for-second-term/</link><pubDate>Mon, 05 Dec 2016 16:06:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-chair-of-ifrs-advisory-council-reappointed-for-second-term/</guid></item><item><title><![CDATA[Paul Druckman appointed to UK FRC Board]]></title><description><![CDATA[Paul Druckman was appointed to the board of UK Financial Reporting Council (FRC) as a chair of the Corporate Reporting Council, effective 1 January 2017. He will join the Codes and Standards Committee and become Chair of the Corporate Reporting Council.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/paul-druckman-appointed-to-uk-frc-board/</link><pubDate>Fri, 02 Dec 2016 16:43:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/paul-druckman-appointed-to-uk-frc-board/</guid></item><item><title><![CDATA[PCAOB sign cooperation agreement with Italian regulator]]></title><description><![CDATA[The Public Company Accounting Oversight Board (PCAOB) and Commissione Nazionale per le Societ&agrave; e la Borsa (CONSOB) have signed a cooperation agreement allowing for joint inspections, in the oversight of audit firms subject to the regulatory jurisdiction of both regulators.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pcaob-sign-cooperation-agreement-with-italian-regulator/</link><pubDate>Wed, 30 Nov 2016 16:05:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pcaob-sign-cooperation-agreement-with-italian-regulator/</guid></item><item><title><![CDATA[PCAOB One Step Forward to Italian Audit Regulator]]></title><description><![CDATA[The Public Company Accounting Oversight Board (PCAOB) and Commissione Nazionale per le Societ&agrave; e la Borsa (CONSOB) have signed a cooperation agreement allowing for joint inspections, in the oversight of audit firms subject to the regulatory jurisdiction of both regulators.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pcaob-one-step-forward-to-italian-audit-regulator/</link><pubDate>Wed, 30 Nov 2016 16:05:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pcaob-one-step-forward-to-italian-audit-regulator/</guid></item><item><title><![CDATA[IFRS Foundation trustees appoint EFRAG former CEO on IASB board]]></title><description><![CDATA[Fran&ccedil;oise Flores has been appointed board member of the International Accounting Standards Board (IASB), effective January 2017 for an initial five year term.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifrs-foundation-trustees-appoint-efrag-former-ceo-on-iasb-board/</link><pubDate>Wed, 30 Nov 2016 16:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifrs-foundation-trustees-appoint-efrag-former-ceo-on-iasb-board/</guid></item><item><title><![CDATA[Belgium concludes transposition of EU audit reform]]></title><description><![CDATA[The Belgian chamber of representatives voted a new law to fully implement the European Union (EU) audit reform, putting an end to the transposition process. The law is effective on 31 December 2016.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/belgium-concludes-transposition-of-eu-audit-reform/</link><pubDate>Wed, 30 Nov 2016 15:38:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/belgium-concludes-transposition-of-eu-audit-reform/</guid></item><item><title><![CDATA[Met at the OEC’s Congress: Accountants without borders]]></title><description><![CDATA[Rhuan Gunesh, a member of Accountants Without Borders, explains to Vincent Huck why some French accountants have launched an NGO to help with accounting issues and humanitarian projects in West Africa.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/met-at-the-oecs-congress-accountants-without-borders/</link><pubDate>Tue, 29 Nov 2016 19:47:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/met-at-the-oecs-congress-accountants-without-borders/</guid></item><item><title><![CDATA[UK FRC launch investigation into Grant Thornton UK’s audit of Sports Direct]]></title><description><![CDATA[The UK Financial Reporting Council (FRC) has launched an investigation into Sports Direct&rsquo;s auditor, Grant Thornton UK, over a transaction between Sports Direct, owned by Mike Ashley, and Barlin Delivery Limited owned by Ashley&rsquo;s brother, John, which was not disclosed as a related party in the financial statement.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/uk-frc-launch-investigation-into-grant-thornton-uks-audit-of-sports-direct/</link><pubDate>Mon, 28 Nov 2016 15:58:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/uk-frc-launch-investigation-into-grant-thornton-uks-audit-of-sports-direct/</guid></item><item><title><![CDATA[CA Sri Lanka adopts NOCLAR standards]]></title><description><![CDATA[The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will adopt the &ldquo;Responding to Non Compliance with Laws and Regulations&rdquo; (NOCLAR) standards by mid-July next year.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ca-sri-lanka-adopts-noclar-standards/</link><pubDate>Fri, 25 Nov 2016 16:39:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ca-sri-lanka-adopts-noclar-standards/</guid></item><item><title><![CDATA[IFAC SMP Survey to close in a week]]></title><description><![CDATA[IFAC annual SMP survey has received 3,996 responses to date with one week left for further responses.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifac-smp-survey-to-close-in-a-week/</link><pubDate>Fri, 25 Nov 2016 11:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifac-smp-survey-to-close-in-a-week/</guid></item><item><title><![CDATA[Young finance professionals aim to start their own business, ACCA survey finds]]></title><description><![CDATA[Young finance professionals (under 36), want to switch to a new job within two years and ultimately want to set up their own business, According to a global survey by the ACCA.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/young-finance-professionals-aim-to-start-their-own-business-acca-survey-finds/</link><pubDate>Thu, 24 Nov 2016 12:26:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/young-finance-professionals-aim-to-start-their-own-business-acca-survey-finds/</guid></item><item><title><![CDATA[Young finance professional aim to start their own business, ACCA survey finds]]></title><description><![CDATA[According to a global survey by the ACCA, young finance professional (under 36), want to switch to a new job within two years and ultimately want to set up their own business.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/young-finance-professional-aim-to-start-their-own-business-acca-survey-finds/</link><pubDate>Thu, 24 Nov 2016 12:26:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/young-finance-professional-aim-to-start-their-own-business-acca-survey-finds/</guid></item><item><title><![CDATA[Tax Inspectors Without Borders help generate $260m in additional tax revenues, OECD says]]></title><description><![CDATA[The Organisation for Economic Co-operation and Development (OECD) said that Tax Inspector Without Borders (TIWB), an initiative run in partnership with the United Nations Development Programme has resulted in $260m in additional tax revenues for developing countries since its inception in July 2015.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tax-inspectors-without-borders-help-generate-260m-in-additional-tax-revenues-oecd-says/</link><pubDate>Thu, 24 Nov 2016 12:23:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tax-inspectors-without-borders-help-generate-260m-in-additional-tax-revenues-oecd-says/</guid></item><item><title><![CDATA[UK councils answer call from campaigners to probe tax histories of companies seeking contracts]]></title><description><![CDATA[Following a campaign launched by Christian Aid in England and Northern Ireland and supported by the Fair Tax Mark, companies face tougher tax questions before they can win council contracts, the NGO has said.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/uk-councils-answer-call-from-campaigners-to-probe-tax-histories-of-companies-seeking-contracts/</link><pubDate>Thu, 24 Nov 2016 12:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/uk-councils-answer-call-from-campaigners-to-probe-tax-histories-of-companies-seeking-contracts/</guid></item><item><title><![CDATA[FCA amends disclosure and transparency rules for EU Directive implementation]]></title><description><![CDATA[The Financial Conduct Authority has amended the Disclosure and Transparency rules (DTR) to implement the European Union&rsquo;s Non-Financial Reporting (EU NRF) Directive requirements for issuers to disclose their diversity policy in the corporate governance statement.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/fca-amends-disclosure-and-transparency-rules-for-eu-directive-implementation/</link><pubDate>Thu, 24 Nov 2016 12:17:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/fca-amends-disclosure-and-transparency-rules-for-eu-directive-implementation/</guid></item><item><title><![CDATA[News brief: USA SEC appoints new chief accountant]]></title><description><![CDATA[Wesley Bricker, a former partner at PwC, was appointed as the new chief accountant for the USA SEC succeeding James Schnurr.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-usa-sec-appoints-new-chief-accountant/</link><pubDate>Wed, 23 Nov 2016 16:45:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-usa-sec-appoints-new-chief-accountant/</guid></item><item><title><![CDATA[News brief: Yemen moves towards IFRS adoption]]></title><description><![CDATA[Yemen has signed a licence agreement with the IFRS Foundation]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-yemen-moves-towards-ifrs-adoption/</link><pubDate>Wed, 23 Nov 2016 16:40:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-yemen-moves-towards-ifrs-adoption/</guid></item><item><title><![CDATA[Beware of Phishing Scams During the Holiday Season]]></title><description><![CDATA[During tax filing season, phishing scams generally increase in an attempt to obtain personal and financial information.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/beware-of-phishing-scams-during-the-holiday-season/</link><pubDate>Wed, 23 Nov 2016 14:25:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/beware-of-phishing-scams-during-the-holiday-season/</guid></item><item><title><![CDATA[IFAC elects its second president with “in industry” background]]></title><description><![CDATA[Rachel Grimes was elected president of the International Federation of Accountants (IFAC) she takes over Olivia Kirtley for a two-year term effective through November 2018.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifac-elects-its-second-president-with-in-industry-background/</link><pubDate>Wed, 23 Nov 2016 10:53:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifac-elects-its-second-president-with-in-industry-background/</guid></item><item><title><![CDATA[TA &amp; IAB 2016 conference videos of panel 2 released]]></title><description><![CDATA[The videos of the second panel of The Accountant and International Accounting Bulletin 2016 conference are now public on the magazines&rsquo;s youtube channel. (click on the speaker's name to watch the video)]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ta-amp-iab-2016-conference-videos-of-panel-2-released/</link><pubDate>Tue, 22 Nov 2016 18:53:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ta-amp-iab-2016-conference-videos-of-panel-2-released/</guid></item><item><title><![CDATA[IOSCO elects chairs of board committees]]></title><description><![CDATA[The International Organization of Securities Commissions (IOSCO) has announced the new chairs and vice chairs of its board committees for 2016-2018.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/iosco-elects-chairs-of-board-committees/</link><pubDate>Tue, 22 Nov 2016 18:30:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/iosco-elects-chairs-of-board-committees/</guid></item><item><title><![CDATA[News brief: University of Kigali launches school of accountancy]]></title><description><![CDATA[The University of Kigali has launched a school of accountancy to offer the institute of Certified Public Accountants of Rwanda (iCPAR) professional courses.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-university-of-kigali-launches-school-of-accountancy/</link><pubDate>Tue, 22 Nov 2016 18:08:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-university-of-kigali-launches-school-of-accountancy/</guid></item><item><title><![CDATA[Making money and doing the right thing are not incompatible, Prince of Wales tells professionals]]></title><description><![CDATA[Businesses can do the right thing and make money, HRH the Prince of Wales told finance professionals at the Prince's Accounting for Sustainability Summit.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/making-money-and-doing-the-right-thing-are-not-incompatible-prince-of-wales-tells-professionals/</link><pubDate>Tue, 22 Nov 2016 14:49:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/making-money-and-doing-the-right-thing-are-not-incompatible-prince-of-wales-tells-professionals/</guid></item><item><title><![CDATA[USA-based investors expect positive impact on business from presidential election]]></title><description><![CDATA[Investors in the USA expect a positive impact from the recent presidential election on business, according to a survey by the CFA Institute on its USA-based members.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/usa-based-investors-expect-positive-impact-on-business-from-presidential-election/</link><pubDate>Mon, 21 Nov 2016 20:30:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/usa-based-investors-expect-positive-impact-on-business-from-presidential-election/</guid></item><item><title><![CDATA[The PCAOB approves 4.2% increase in its budget for 2017]]></title><description><![CDATA[The PCAOB has approved an increase of 4.2% of its budget for 2017, up to $268.5m, the board also approved its 2016-2020 strategic plan. The budget is now subject to the USA SEC approval.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/the-pcaob-approves-42-increase-in-its-budget-for-2017/</link><pubDate>Mon, 21 Nov 2016 20:22:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/the-pcaob-approves-42-increase-in-its-budget-for-2017/</guid></item><item><title><![CDATA[News brief: CIPFA signs MoUs in Korea and Switzerland, CAQ issues request for academic proposals Saudi Arabia one step closer to IFRS adoption]]></title><description><![CDATA[The Chartered Institute of Public Finance (CIPFA) signed Memorandum of Understandings (MoUs) with Korea Institute of Public Finance and ZHAW School of Management and Law (ZHAW), Switzerland.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-cipfa-signs-mous-in-korea-and-switzerland-caq-issues-request-for-academic-proposals-saudi-arabia-one-step-closer-to-ifrs-adoption/</link><pubDate>Thu, 17 Nov 2016 18:10:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-cipfa-signs-mous-in-korea-and-switzerland-caq-issues-request-for-academic-proposals-saudi-arabia-one-step-closer-to-ifrs-adoption/</guid></item><item><title><![CDATA[North American professionals show more optimism towards trump policies than their counterparts in the rest of the world]]></title><description><![CDATA[The business outlook of accounting professionals in North America is much more optimistic than the rest of the world when it comes to Trump&rsquo;s policies, according to a global survey by AGN International on its member firms.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/north-american-professionals-show-more-optimism-towards-trump-policies-than-their-counterparts-in-the-rest-of-the-world/</link><pubDate>Wed, 16 Nov 2016 16:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/north-american-professionals-show-more-optimism-towards-trump-policies-than-their-counterparts-in-the-rest-of-the-world/</guid></item><item><title><![CDATA[News briefs, partnership: ACCA and Kenyan institute sign strategic partnership agreement]]></title><description><![CDATA[ACCA and Institute of Certified Public Accountants of Kenya (ICPAK) have signed a strategic partnership agreement to strengthen the Kenyan accountancy profession.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-partnership-acca-and-kenyan-institute-sign-strategic-partnership-agreement/</link><pubDate>Wed, 16 Nov 2016 11:48:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-partnership-acca-and-kenyan-institute-sign-strategic-partnership-agreement/</guid></item><item><title><![CDATA[FRC tiers signatories to the Stewardship Code]]></title><description><![CDATA[The Financial Reporting Council (FRC) has categorised signatories to the Stewardship Code into tiers based on the quality of their code statements.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-tiers-signatories-to-the-stewardship-code/</link><pubDate>Tue, 15 Nov 2016 14:37:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-tiers-signatories-to-the-stewardship-code/</guid></item><item><title><![CDATA[HMRC moves to calm fears over digital tax requirements for UK businesses]]></title><description><![CDATA[The HMRC eases the concern of UK businesses this week as digital tax reporting edges closer to implementation.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-moves-to-calm-fears-over-digital-tax-requirements-for-uk-businesses/</link><pubDate>Fri, 11 Nov 2016 14:08:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-moves-to-calm-fears-over-digital-tax-requirements-for-uk-businesses/</guid></item><item><title><![CDATA[Deloitte hit by £4m fine]]></title><description><![CDATA[The Financial Reporting Council (FRC) has fined Deloitte UK &pound;4m, the highest fine ever issued by the regulator.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/deloitte-hit-by-4m-fine/</link><pubDate>Fri, 11 Nov 2016 11:08:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/deloitte-hit-by-4m-fine/</guid></item><item><title><![CDATA[Xero: Tech know-how is vital for accountants]]></title><description><![CDATA[A total of 83% of accountants believe that understanding technology is now as important to their job as understanding accountancy, according to research by online accounting software provider Xero.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/xero-tech-know-how-is-vital-for-accountants/</link><pubDate>Thu, 10 Nov 2016 14:43:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/xero-tech-know-how-is-vital-for-accountants/</guid></item><item><title><![CDATA[ECON supports proposal to extend EFRAG’s financing]]></title><description><![CDATA[The European Parliament&rsquo;s Committee on Economic and Monetary Affairs (ECON) has voted on a report supporting a proposal by the European Commission (EC) to extend the financing of the European Financial Reporting Advisory Group (EFRAG) beyond 2016.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/econ-supports-proposal-to-extend-efrags-financing/</link><pubDate>Thu, 10 Nov 2016 12:42:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/econ-supports-proposal-to-extend-efrags-financing/</guid></item><item><title><![CDATA[UK accountancy and tax bodies update guidance for tax advisers]]></title><description><![CDATA[The leading UK accountancy and tax bodies have published updated guidance on the standards expected of tax advisers and agents.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/uk-accountancy-and-tax-bodies-update-guidance-for-tax-advisers/</link><pubDate>Wed, 09 Nov 2016 12:30:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/uk-accountancy-and-tax-bodies-update-guidance-for-tax-advisers/</guid></item><item><title><![CDATA[IASB’s five-year plan makes better communication a key theme]]></title><description><![CDATA[The International Accounting Standards Board (IASB) which sets the International Financial Reporting Standards (IFRS) has published its five-year work plan and the conclusions from its recent agenda consultation.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/iasbs-five-year-plan-makes-better-communication-a-key-theme/</link><pubDate>Tue, 08 Nov 2016 13:51:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/iasbs-five-year-plan-makes-better-communication-a-key-theme/</guid></item><item><title><![CDATA[Five year to do list of International Accounting Standards Board revealed]]></title><description><![CDATA[The International Accounting Standards Board, which sets the International Financial Repoting Standards (IFRS), has published the conclusions from its recent 2015 Agenda Consultation and its five-year work plan.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/five-year-to-do-list-of-international-accounting-standards-board-revealed/</link><pubDate>Mon, 07 Nov 2016 19:10:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/five-year-to-do-list-of-international-accounting-standards-board-revealed/</guid></item><item><title><![CDATA[Five year to do list of International Accounting Standards Board revealed]]></title><description><![CDATA[The International Accounting Standards Board, which sets the International Financial Repoting Standards (IFRS), has published the conclusions from its recent 2015 Agenda Consultation and its five-year work plan.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/five-year-to-do-list-of-international-accounting-standards-board-revealed/</link><pubDate>Mon, 07 Nov 2016 19:10:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/five-year-to-do-list-of-international-accounting-standards-board-revealed/</guid></item><item><title><![CDATA[ACCA tells finance professionals to blend technical and accountancy skills]]></title><description><![CDATA[The Association of Chartered Certified Accountants (ACCA) has reportedly called on the finance professionals of the future to blend technical skills and strategic insights for effective results.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/acca-tells-finance-professionals-to-blend-technical-and-accountancy-skills/</link><pubDate>Mon, 07 Nov 2016 14:25:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/acca-tells-finance-professionals-to-blend-technical-and-accountancy-skills/</guid></item><item><title><![CDATA[PFM reform makes slow progress in Francophone Africa]]></title><description><![CDATA[Accountancy leaders have been told slow progress has been made in public financial management (PFM) reform across 18 Francophone Africa countries.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pfm-reform-makes-slow-progress-in-francophone-africa/</link><pubDate>Fri, 04 Nov 2016 14:38:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pfm-reform-makes-slow-progress-in-francophone-africa/</guid></item><item><title><![CDATA[TA &amp; IAB 2016 conference videos of panel 1 released]]></title><description><![CDATA[The videos of the first panel of The Accountant and International Accounting Bulletin 2016 conference are now public on the magazines&rsquo;s youtube channel.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ta-amp-iab-2016-conference-videos-of-panel-1-released/</link><pubDate>Thu, 03 Nov 2016 16:09:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ta-amp-iab-2016-conference-videos-of-panel-1-released/</guid></item><item><title><![CDATA[CAQ says transparency on USA audit committees’ practices is increasing]]></title><description><![CDATA[Companies in the USA are providing more detailed information regarding their audit committees&rsquo;s oversight of the external auditors to investors, according to the latest Audit Committee Transparency Barometer.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/caq-says-transparency-on-usa-audit-committees-practices-is-increasing/</link><pubDate>Thu, 03 Nov 2016 12:15:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/caq-says-transparency-on-usa-audit-committees-practices-is-increasing/</guid></item><item><title><![CDATA[King IV report on corporate governance released]]></title><description><![CDATA[The King Committee on Corporate Governance in South Africa and the Institute of Directors in Southern Africa (IoDSA ) have today, 1 November, released the King IV report on corporate governance (King IV).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/king-iv-report-on-corporate-governance-released/</link><pubDate>Tue, 01 Nov 2016 19:06:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/king-iv-report-on-corporate-governance-released/</guid></item><item><title><![CDATA[Hong Kong FRC to become an independent regulator]]></title><description><![CDATA[The Hong Kong Financial Reporting Council (FRC) has welcomed the government&rsquo;s proposals to improve the regulatory regime of listed entity auditors which would make the FRC an independent regulator and enhance Hong Kong&rsquo;s reputation as a major international financial centre.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hong-kong-frc-to-become-an-independent-regulator/</link><pubDate>Tue, 01 Nov 2016 12:45:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hong-kong-frc-to-become-an-independent-regulator/</guid></item><item><title><![CDATA[South Africa, one step closer to mandatory firm rotation]]></title><description><![CDATA[The South African regulator, Independent Regulatory Board for Auditors (IRBA), has launched a public consultation on the introduction of mandatory firm rotation in South Africa.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/south-africa-one-step-closer-to-mandatory-firm-rotation/</link><pubDate>Mon, 31 Oct 2016 13:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/south-africa-one-step-closer-to-mandatory-firm-rotation/</guid></item><item><title><![CDATA[News brief: Azerbaijan’s EITI membership conditionally prolonged; Anti-bribery ISO standard published]]></title><description><![CDATA[The board of the Extractive Industries Transparency Initiative (EITI) has conditionally extended Azerbaijan&rsquo;s membership; and the Geneva-based International Organization for Standardization (ISO) has published an anti-bribery standard called ISO 37001:2016.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-azerbaijans-eiti-membership-conditionally-prolonged-anti-bribery-iso-standard-published/</link><pubDate>Wed, 26 Oct 2016 15:13:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-azerbaijans-eiti-membership-conditionally-prolonged-anti-bribery-iso-standard-published/</guid></item><item><title><![CDATA[Profession’s calls for tax harmonisation successful as Common Consolidated Corporate Tax Base (CCCTB) relaunched]]></title><description><![CDATA[The European Commission (EC) has announced it will revive plans to set up a Europe-wide corporate tax base. The announcement comes only a few weeks after the Commissioner for Economic and Financial Affairs, Taxation and Customs, Pierre Moscovici, received a proposal from six European professional accountancy bodies to move towards a harmonised corporate tax system in Europe.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/professions-calls-for-tax-harmonisation-successful-as-common-consolidated-corporate-tax-base-ccctb-relaunched/</link><pubDate>Tue, 25 Oct 2016 17:24:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/professions-calls-for-tax-harmonisation-successful-as-common-consolidated-corporate-tax-base-ccctb-relaunched/</guid></item><item><title><![CDATA[Comment - Minds and Machines: How technology is transforming audit]]></title><description><![CDATA[Saad Maniar, managing partner of Crowe Horwath UAE, examines recent strategic alliance announcements involving professional services firms and some of the world&rsquo;s leading technology businesses]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/comment-minds-and-machines-how-technology-is-transforming-audit/</link><pubDate>Mon, 24 Oct 2016 16:31:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/comment-minds-and-machines-how-technology-is-transforming-audit/</guid></item><item><title><![CDATA[Q&amp;A &ndash; Nikki Wood]]></title><description><![CDATA[The Global Reporting Initiative (GRI) releases a publication that aims to help companies know the challenges, pitfalls and solutions to adopting an integrated approach to reporting. Heather Jimaa speaks to Nikki Wood, director of corporate and stakeholder relations at GRI about the details.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/qampa-ndash-nikki-wood/</link><pubDate>Wed, 19 Oct 2016 17:39:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/qampa-ndash-nikki-wood/</guid></item><item><title><![CDATA[GRI releases publication to help companies with integrated reporting]]></title><description><![CDATA[The Global Reporting Initiative (GRI) released a publication which aims to help companies identify the challenges of adopting integrated reporting.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/gri-releases-publication-to-help-companies-with-integrated-reporting/</link><pubDate>Wed, 19 Oct 2016 17:35:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/gri-releases-publication-to-help-companies-with-integrated-reporting/</guid></item><item><title><![CDATA[Corruption: parliamentary committee tells UK Government to put its house in order]]></title><description><![CDATA[The House of Commons International Development Committee welcomed the UK government&rsquo;s efforts to position the country as a global leader on anti-corruption, but said there is much more it could do to get its own house in order.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/corruption-parliamentary-committee-tells-uk-government-to-put-its-house-in-order/</link><pubDate>Wed, 19 Oct 2016 15:10:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/corruption-parliamentary-committee-tells-uk-government-to-put-its-house-in-order/</guid></item><item><title><![CDATA[UK government must consider impact of Brexit on anti-corruption law, parliamentary committee warns]]></title><description><![CDATA[The House of Commons International Development Committee has released its fourth report of session 2016-17 on Tackling corruption overseas, in which it warns the governmentover the ramifications of the UK&rsquo;s exit of the European Union (EU) on the laws and regulations designed to curb corruption both in the UK and overseas.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/uk-government-must-consider-impact-of-brexit-on-anti-corruption-law-parliamentary-committee-warns/</link><pubDate>Wed, 19 Oct 2016 14:25:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/uk-government-must-consider-impact-of-brexit-on-anti-corruption-law-parliamentary-committee-warns/</guid></item><item><title><![CDATA[GRI releases global sustainability reporting standards]]></title><description><![CDATA[The Global Reporting Initiative (GRI) has released the GRI Sustainability Reporting Standards developed by the Global Sustainability Standards Board (GSSB).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/gri-releases-global-sustainability-reporting-standards/</link><pubDate>Wed, 19 Oct 2016 14:18:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/gri-releases-global-sustainability-reporting-standards/</guid></item><item><title><![CDATA[Accountants optimistic about the updated trade agreement between Australia and Singapore]]></title><description><![CDATA[As part of his visit this week to Australia, Singapore Prime Minister Lee Hsien Loong is expected to sign with his Australian counterpart, Malcolm Turnbull, an updated Singapore-Australia Free Trade Agreement (SAFTA).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accountants-optimistic-about-the-updated-trade-agreement-between-australia-and-singapore/</link><pubDate>Tue, 18 Oct 2016 12:19:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accountants-optimistic-about-the-updated-trade-agreement-between-australia-and-singapore/</guid></item><item><title><![CDATA[News briefs, appointments: IASB, IIA UK]]></title><description><![CDATA[IASB appoints vice-chair and IIA UK chief executive appointed chair of new independent panel on banking standards.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-appointments-iasb-iia-uk/</link><pubDate>Tue, 18 Oct 2016 12:09:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-appointments-iasb-iia-uk/</guid></item><item><title><![CDATA[Comment: Transforming manufacturers’ business models through ‘Servitisation’  – a new opportunity for management accountants]]></title><description><![CDATA[Management accountants have an important role to play in helping manufacturers transform their business models from providing a product-based value proposition to more of a service-based offering. Peter Simons, technical specialist, research and development at CIMA, writes]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/comment-transforming-manufacturers-business-models-through-servitisation-a-new-opportunity-for-management-accountants/</link><pubDate>Fri, 14 Oct 2016 17:29:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/comment-transforming-manufacturers-business-models-through-servitisation-a-new-opportunity-for-management-accountants/</guid></item><item><title><![CDATA[News brief: GRI SME sustainability reporting; ACCA qualification changes; Chartered Accountants Worldwide new Indonesian member]]></title><description><![CDATA[The Global Reporting Initiative (GRI) and the International Organisation of employers have released a publication to inspire SMEs to take on a bigger role in sustainable reporting as the sector still lags behind in sustainability reporting, the organisations said.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-gri-sme-sustainability-reporting-acca-qualification-changes-chartered-accountants-worldwide-new-indonesian-member/</link><pubDate>Thu, 13 Oct 2016 16:32:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-gri-sme-sustainability-reporting-acca-qualification-changes-chartered-accountants-worldwide-new-indonesian-member/</guid></item><item><title><![CDATA[News brief, FRC to consider formal complaint against Deloitte, Kreston Swiss Merger, South African Firm rejoins GMN International]]></title><description><![CDATA[The disciplinary tribunal of the UK Financial Reporting Council will consider a formal complaint against Deloitte LLP]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-frc-to-consider-formal-complaint-against-deloitte-kreston-swiss-merger-south-african-firm-rejoins-gmn-international/</link><pubDate>Thu, 13 Oct 2016 13:38:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-frc-to-consider-formal-complaint-against-deloitte-kreston-swiss-merger-south-african-firm-rejoins-gmn-international/</guid></item><item><title><![CDATA[FRC to consider formal complaint against Deloitte, Kreston Swiss Merger, South African Firm rejoins GMN International]]></title><description><![CDATA[The disciplinary tribunal of the UK Financial Reporting Council will consider a formal complaint against Deloitte LLP]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-to-consider-formal-complaint-against-deloitte-kreston-swiss-merger-south-african-firm-rejoins-gmn-international/</link><pubDate>Thu, 13 Oct 2016 13:38:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-to-consider-formal-complaint-against-deloitte-kreston-swiss-merger-south-african-firm-rejoins-gmn-international/</guid></item><item><title><![CDATA[European court of auditors approves EU’s FY15 accounts but warns that EU institutions have lost citizen’s trust]]></title><description><![CDATA[The European Court of Auditors (ECA) gave the European Union (EU) annual accounts a clean bill of health, but its president, Klaus-Heiner Lehne, warned that the European institutions have to a degree lost the trust of EU citizens.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/european-court-of-auditors-approves-eus-fy15-accounts-but-warns-that-eu-institutions-have-lost-citizens-trust/</link><pubDate>Thu, 13 Oct 2016 13:06:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/european-court-of-auditors-approves-eus-fy15-accounts-but-warns-that-eu-institutions-have-lost-citizens-trust/</guid></item><item><title><![CDATA[Sustainability reporting on the increase yet more remains to be done: WBCSD]]></title><description><![CDATA[The Reporting Matters 2016, conducted by the World Business Council for Sustainable Development (WBCSD) in collaboration with consultancy firm Radley Yeldar, looked at the progress of the sustainability reporting of 163 global companies from 25 countries across 20 sectors.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sustainability-reporting-on-the-increase-yet-more-remains-to-be-done-wbcsd/</link><pubDate>Wed, 12 Oct 2016 15:55:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sustainability-reporting-on-the-increase-yet-more-remains-to-be-done-wbcsd/</guid></item><item><title><![CDATA[Singaporean regulator notes increased commitment from listed companies towards quality financial reporting]]></title><description><![CDATA[The Singaporean regulator, Accounting and Corporate Regulatory Authority (ACRA), has released key findings from its review of FY14 financial statement noting an improvement in the application of accounting standards and commitment from listed companies to rectify highlighted gaps]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/singaporean-regulator-notes-increased-commitment-from-listed-companies-towards-quality-financial-reporting/</link><pubDate>Tue, 11 Oct 2016 13:41:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/singaporean-regulator-notes-increased-commitment-from-listed-companies-towards-quality-financial-reporting/</guid></item><item><title><![CDATA[The Accountant / International Accounting Bulletin Power 50 nominations 2016]]></title><description><![CDATA[This year&rsquo;s nominations for the 2016 Power 50 are now open.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/the-accountant-international-accounting-bulletin-power-50-nominations-2016/</link><pubDate>Mon, 10 Oct 2016 15:27:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/the-accountant-international-accounting-bulletin-power-50-nominations-2016/</guid></item><item><title><![CDATA[“Despite Brexit vote, UK Government should not isolate itself from EU policy making,” CCAB’s Harbinson]]></title><description><![CDATA[As the UK government considers the next steps regarding its exit of the European Union, Anthony Harbinson, the chairman of the collective of the UK five accountancy bodies, CCAB, has urged the government to not isolate itself from EU policy making and take the lead in strengthening its anti-money laundering (AML) regime.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/despite-brexit-vote-uk-government-should-not-isolate-itself-from-eu-policy-making-ccabs-harbinson/</link><pubDate>Mon, 10 Oct 2016 14:34:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/despite-brexit-vote-uk-government-should-not-isolate-itself-from-eu-policy-making-ccabs-harbinson/</guid></item><item><title><![CDATA[News brief, RSM acquires Banks BHG, PwC receives record level of new joiners, M&amp;A market in Scotland is bouncing back post referendum]]></title><description><![CDATA[RSM is to expand its presence in the south west market as the firm has acquires Swindon-based chartered accountants Banks BHG.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-rsm-acquires-banks-bhg-pwc-receives-record-level-of-new-joiners-mampa-market-in-scotland-is-bouncing-back-post-referendum/</link><pubDate>Fri, 07 Oct 2016 17:12:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-rsm-acquires-banks-bhg-pwc-receives-record-level-of-new-joiners-mampa-market-in-scotland-is-bouncing-back-post-referendum/</guid></item><item><title><![CDATA[2016 The Accountant &amp; International Accounting Bulletin awards winners]]></title><description><![CDATA[The finalists and winners have been selected by an independent panel of judges: Deborah McSkimming of HRH The Prince of Wales Accounting for Sustainability Project, Doreen Remmen of IMA, Mark Koziel of AICPA, Warren Allen former president of IFAC and Vincent Papa of CFA Institute.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/2016-the-accountant-amp-international-accounting-bulletin-awards-winners/</link><pubDate>Fri, 07 Oct 2016 13:37:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/2016-the-accountant-amp-international-accounting-bulletin-awards-winners/</guid></item><item><title><![CDATA[News Brief: New chairman for IECnet named, UK companies shy away from cyber cover, OECD to release MLI]]></title><description><![CDATA[IECnet announced that Tobi Smit has been elected as IECnet chairman at its Annual General Meeting in Frankfurt, Germany which was held on 29 September 2016.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-new-chairman-for-iecnet-named-uk-companies-shy-away-from-cyber-cover-oecd-to-release-mli/</link><pubDate>Wed, 05 Oct 2016 18:08:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-new-chairman-for-iecnet-named-uk-companies-shy-away-from-cyber-cover-oecd-to-release-mli/</guid></item><item><title><![CDATA[Deloitte to invest $224m to create a North West Europe firm]]></title><description><![CDATA[Deloitte announced that its Belgian, Danish, Dutch, Finnish, Icelandic, Norwegian and Swedish member firms will combine with the UK and Swiss firm to create Deloitte North West Europe.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/deloitte-to-invest-224m-to-create-a-north-west-europe-firm/</link><pubDate>Wed, 05 Oct 2016 18:01:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/deloitte-to-invest-224m-to-create-a-north-west-europe-firm/</guid></item><item><title><![CDATA[Former A.I.G. Chief Denies He Knew of Payback Terms in Reinsurance Deal]]></title><description><![CDATA[In his testimony in his civil fraud trial, Maurice Greenberg said he was unaware of certain repayment terms in a multimillion-dollar reinsurance deal.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/former-aig-chief-denies-he-knew-of-payback-terms-in-reinsurance-deal/</link><pubDate>Wed, 05 Oct 2016 02:48:06 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/former-aig-chief-denies-he-knew-of-payback-terms-in-reinsurance-deal/</guid></item><item><title><![CDATA[PwC reports global revenues of $35.9bn for FY16]]></title><description><![CDATA[PwC has reported revenues of $35.9bn for the year ended on 30 June 2016, a 7% increase compared to FY15.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pwc-reports-global-revenues-of-359bn-for-fy16/</link><pubDate>Tue, 04 Oct 2016 17:22:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pwc-reports-global-revenues-of-359bn-for-fy16/</guid></item><item><title><![CDATA[News brief: BDO hires Paul Eagland as managing partner, UK M&amp;A market strong, Barclays in partnership with Xero]]></title><description><![CDATA[Paul Eagland has been appointed as the new managing partner of BDO UK. Since joining BDO 29 years ago, Eagland has held a number of high profile roles including Head of National Tax, Head of National Audit and Head of National Professional Services.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-bdo-hires-paul-eagland-as-managing-partner-uk-mampa-market-strong-barclays-in-partnership-with-xero/</link><pubDate>Tue, 04 Oct 2016 15:43:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-bdo-hires-paul-eagland-as-managing-partner-uk-mampa-market-strong-barclays-in-partnership-with-xero/</guid></item><item><title><![CDATA[News brief: News brief: European whistle-blower platform; SEC’s Office of the Whistleblower appointment; EFRAG’s goodwill impairment study]]></title><description><![CDATA[Twelve Members of the European Parliament (MEP) of the Greens/EFA group have launched an initiative called &ldquo;EU Leaks&rdquo;, which they say is aimed at helping whistleblowers to report misconduct in the companies they work for.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-news-brief-european-whistle-blower-platform-secs-office-of-the-whistleblower-appointment-efrags-goodwill-impairment-study/</link><pubDate>Fri, 30 Sep 2016 17:21:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-news-brief-european-whistle-blower-platform-secs-office-of-the-whistleblower-appointment-efrags-goodwill-impairment-study/</guid></item><item><title><![CDATA[News brief: European whistle-blower platform; SEC’s Office of the Whistleblower appointment; EFRAG’s goodwill impairment study]]></title><description><![CDATA[Twelve Members of the European Parliament (MEP) of the Greens/EFA group have launched an initiative called &ldquo;EU Leaks&rdquo;, which they say is aimed at helping whistleblowers to report misconduct in the companies they work for.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-european-whistle-blower-platform-secs-office-of-the-whistleblower-appointment-efrags-goodwill-impairment-study/</link><pubDate>Fri, 30 Sep 2016 17:21:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-european-whistle-blower-platform-secs-office-of-the-whistleblower-appointment-efrags-goodwill-impairment-study/</guid></item><item><title><![CDATA[Ex-A.I.G. Chief Parries Inquiries on Offshore Reinsurer in Fraud Trial]]></title><description><![CDATA[The state contends Capco was a sham used to convert into investment losses $163 million in auto insurance losses, duping investors.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ex-aig-chief-parries-inquiries-on-offshore-reinsurer-in-fraud-trial/</link><pubDate>Fri, 30 Sep 2016 02:25:39 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ex-aig-chief-parries-inquiries-on-offshore-reinsurer-in-fraud-trial/</guid></item><item><title><![CDATA[Ex-A.I.G. Chief Dodges Inquiries on Offshore Reinsurer in Fraud Trial]]></title><description><![CDATA[The state contends Capco was a sham used to convert into investment losses $163 million in auto insurance losses, duping investors.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ex-aig-chief-dodges-inquiries-on-offshore-reinsurer-in-fraud-trial/</link><pubDate>Fri, 30 Sep 2016 01:22:23 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ex-aig-chief-dodges-inquiries-on-offshore-reinsurer-in-fraud-trial/</guid></item><item><title><![CDATA[News brief: IFAC and ICAEW’s regulation report; CDSB’s NFR Directive handbook; ACCA’s FinTech report]]></title><description><![CDATA[IFAC and ICAEW; CDSB and ACCA publish reports on regulation, reporting under NFR Directive and FinTech challenges in the UK, respectively]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-ifac-and-icaews-regulation-report-cdsbs-nfr-directive-handbook-accas-fintech-report/</link><pubDate>Thu, 29 Sep 2016 18:22:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-ifac-and-icaews-regulation-report-cdsbs-nfr-directive-handbook-accas-fintech-report/</guid></item><item><title><![CDATA[CSOEC president “wowed” by the French institute’s first congress out of France]]></title><description><![CDATA[Brussels, Belgium. An emotional president of the French institute of chartered accountants (CSOEC), Philippe Arraou, took to the stage to open the institute&rsquo;s 71st congress in Brussels, the institute&rsquo;s first congress outside French borders.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/csoec-president-wowed-by-the-french-institutes-first-congress-out-of-france/</link><pubDate>Thu, 29 Sep 2016 13:31:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/csoec-president-wowed-by-the-french-institutes-first-congress-out-of-france/</guid></item><item><title><![CDATA[European Parliament’s Panama Papers committee kicks off with hearing of journalists behind revelations]]></title><description><![CDATA[On Tuesday 27 September the so-called Panama Papers inquiry committee of the European Parliament (EP) is to start its work by hearing the journalists who contributed to break the story about the tax avoidance scandal of wealthy clients hiding their fortunes in offshore entities.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/european-parliaments-panama-papers-committee-kicks-off-with-hearing-of-journalists-behind-revelations/</link><pubDate>Mon, 26 Sep 2016 13:45:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/european-parliaments-panama-papers-committee-kicks-off-with-hearing-of-journalists-behind-revelations/</guid></item><item><title><![CDATA[SMEs must make mistakes when it comes to sustainability reporting, GRI’s Fogelberg]]></title><description><![CDATA[Companies should not fear making mistakes in their sustainability reporting and while this is true for all companies it is particularly the case for SMEs, according to Theresa Fogelberg, GRI&rsquo;s deputy chief executive.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/smes-must-make-mistakes-when-it-comes-to-sustainability-reporting-gris-fogelberg/</link><pubDate>Thu, 22 Sep 2016 12:58:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/smes-must-make-mistakes-when-it-comes-to-sustainability-reporting-gris-fogelberg/</guid></item><item><title><![CDATA[Government initiatives cause rise in ESG disclosures in ASEAN]]></title><description><![CDATA[Government initiatives are contributing to a major rise in sustainable reporting in ASEAN countries as disclosures are becoming more significant, according to a report commissioned by the Global Reporting Initiative]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/government-initiatives-cause-rise-in-esg-disclosures-in-asean/</link><pubDate>Thu, 22 Sep 2016 12:04:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/government-initiatives-cause-rise-in-esg-disclosures-in-asean/</guid></item><item><title><![CDATA[News brief: EY settles “romantic relationship” and “improperly close friendship” cases over audit independence rules violation charges]]></title><description><![CDATA[EY has settled with the USA Securities and Exchange Commission (SEC) a case in which one of its then partners violated independence rules when she engaged in a &ldquo;romantic relationship&rdquo; with the financial executive of EY&rsquo;s client. In addition, another EY auditor is said to have violated the rules when he built an &ldquo;improperly close friendship&rdquo; with the CFO of another EY&rsquo;s firm.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-ey-settles-romantic-relationship-and-improperly-close-friendship-cases-over-audit-independence-rules-violation-charges/</link><pubDate>Mon, 19 Sep 2016 18:30:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-ey-settles-romantic-relationship-and-improperly-close-friendship-cases-over-audit-independence-rules-violation-charges/</guid></item><item><title><![CDATA[A Sour Surprise for Public Pensions: Two Sets of Books]]></title><description><![CDATA[The plight of a tiny local retirement fund in California shows how some public pension plans are far less funded than their official numbers suggest.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/a-sour-surprise-for-public-pensions-two-sets-of-books/</link><pubDate>Sat, 17 Sep 2016 12:01:30 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/a-sour-surprise-for-public-pensions-two-sets-of-books/</guid></item><item><title><![CDATA[Professionals react to a possible breakthrough between Chinese and USA regulators]]></title><description><![CDATA[China will seek out &lsquo;regulatory equivalence&rsquo; when it comes to audit inspections of its USA listed firms&rsquo; according to Paul Gillis, professor of practice at Peking University&rsquo;s Guanghua School of Management.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/professionals-react-to-a-possible-breakthrough-between-chinese-and-usa-regulators/</link><pubDate>Fri, 16 Sep 2016 18:21:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/professionals-react-to-a-possible-breakthrough-between-chinese-and-usa-regulators/</guid></item><item><title><![CDATA[News brief, Gender gap still an issue for internal audit profession]]></title><description><![CDATA[Women in the internal audit profession still perceive themselves as lacking in core competencies and technical specialities.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-gender-gap-still-an-issue-for-internal-audit-profession/</link><pubDate>Fri, 16 Sep 2016 17:08:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-gender-gap-still-an-issue-for-internal-audit-profession/</guid></item><item><title><![CDATA[News brief: ACCA’s deputy president elected; IIRC and CIPFA’s public sector Integrated Reporting guide]]></title><description><![CDATA[Leo Lee has been elected deputy president of the Association of Chartered Certified Accountants; Focusing on Value Creation in the Public Sector is the title of a guide launched by the International Integrated Reporting Council and the Chartered Institute of Public Finance and Accountancy aimed at leadership who work for the government sector.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-accas-deputy-president-elected-iirc-and-cipfas-public-sector-integrated-reporting-guide/</link><pubDate>Fri, 16 Sep 2016 16:56:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-accas-deputy-president-elected-iirc-and-cipfas-public-sector-integrated-reporting-guide/</guid></item><item><title><![CDATA[News brief: UK Parliament launches inquiry on corporate governance post-BHS/Sports Direct era]]></title><description><![CDATA[The UK Parliament&rsquo;s Business, Innovation, and Skills (BIS) Committee has launched an inquiry aimed at reviewing key issues of corporate governance such as executive pay, boardroom composition and directors duties.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-uk-parliament-launches-inquiry-on-corporate-governance-post-bhssports-direct-era/</link><pubDate>Fri, 16 Sep 2016 16:20:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-uk-parliament-launches-inquiry-on-corporate-governance-post-bhssports-direct-era/</guid></item><item><title><![CDATA[AICPA to release exposure draft on Cybersecurity Examination]]></title><description><![CDATA[The AICPA is working on a new type of engagement which will give auditors a framework for providing organizations with an evaluation of their cybersecurity risk management, and is expected to release an exposure draft next week.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/aicpa-to-release-exposure-draft-on-cybersecurity-examination/</link><pubDate>Fri, 16 Sep 2016 15:59:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/aicpa-to-release-exposure-draft-on-cybersecurity-examination/</guid></item><item><title><![CDATA[News brief: TaxPayers' Alliance raises concerns over UK&rsquo;s Hinkley Point]]></title><description><![CDATA[As the UK Government gives the green light to the construction of the Hinkely Point C nuclear energy plant, the TaxPayers&rsquo; Alliance (TPA) warns that the plan bears both risk and bad value for money.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-taxpayers-alliance-raises-concerns-over-ukrsquos-hinkley-point/</link><pubDate>Thu, 15 Sep 2016 17:34:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-taxpayers-alliance-raises-concerns-over-ukrsquos-hinkley-point/</guid></item><item><title><![CDATA[Investors welcome suggested auditor selection process but call for more transparency]]></title><description><![CDATA[CFA Institute director of financial reporting policy for EMEA Vincent Papa welcomed the Federation of European Accountants (FEE) suggested process for selecting auditors in the context of audit rotation in the EU.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/investors-welcome-suggested-auditor-selection-process-but-call-for-more-transparency/</link><pubDate>Thu, 15 Sep 2016 15:18:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/investors-welcome-suggested-auditor-selection-process-but-call-for-more-transparency/</guid></item><item><title><![CDATA[News brief: SEC’s penalty to Grupo Espirito Santo over failed credit risk disclosure]]></title><description><![CDATA[Portugal Telecom, part of Grupo Espirito Santo, has been fined a $1.25 million penalty by the USA Securities and Exchange Commission (SEC), as the agency found that the company&rsquo;s 2013 financial statements failed to properly disclose credit risk.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-secs-penalty-to-grupo-espirito-santo-over-failed-credit-risk-disclosure/</link><pubDate>Wed, 14 Sep 2016 14:48:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-secs-penalty-to-grupo-espirito-santo-over-failed-credit-risk-disclosure/</guid></item><item><title><![CDATA[IFAC's call to promote 2016 SMP survey]]></title><description><![CDATA[IFAC has issued a call to its member organisations to help promote the 2016 IFAC Global SMP Survey which will open on 1 October 2016 in 23 languages.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifacs-call-to-promote-2016-smp-survey/</link><pubDate>Tue, 13 Sep 2016 13:41:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifacs-call-to-promote-2016-smp-survey/</guid></item><item><title><![CDATA[Brazil largest stock exchange to tighten governance rules following corruption scandal]]></title><description><![CDATA[Brazil largest stock exchange and one of the world&rsquo;s 20 largest stock exchanges, BM&amp;FBovespa, has put forward a series of proposals to tighten corporate governance rules following a fraud and corruption scandal which resulted in the fall of the country&rsquo;s president, Dilma Rousseff.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/brazil-largest-stock-exchange-to-tighten-governance-rules-following-corruption-scandal/</link><pubDate>Tue, 13 Sep 2016 13:32:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/brazil-largest-stock-exchange-to-tighten-governance-rules-following-corruption-scandal/</guid></item><item><title><![CDATA[News briefs: Kenya to adopt ISA for listed companies, ACCA signs partnership in Egypt]]></title><description><![CDATA[All public listed companies in Kenya will be required to implement international auditing standards after January 2017 in order to boost attractiveness to foreign investors.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-kenya-to-adopt-isa-for-listed-companies-acca-signs-partnership-in-egypt/</link><pubDate>Tue, 13 Sep 2016 12:05:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-kenya-to-adopt-isa-for-listed-companies-acca-signs-partnership-in-egypt/</guid></item><item><title><![CDATA[News brief: IFRS 4 amendments; CIOT/ATT appoints Scottish external relations officer]]></title><description><![CDATA[The International Accounting Standards Board (IASB) has issued amendments to the current draft version of its standard on insurance contracts or IFRS 4.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-ifrs-4-amendments-ciotatt-appoints-scottish-external-relations-officer/</link><pubDate>Mon, 12 Sep 2016 19:34:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-ifrs-4-amendments-ciotatt-appoints-scottish-external-relations-officer/</guid></item><item><title><![CDATA[Polishing Financial Results Looks Good, but Can Lead to Fraud]]></title><description><![CDATA[Cases involving American Realty Capital Partners and Fiat Chrysler show how manipulating reported results can end up misleading investors.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/polishing-financial-results-looks-good-but-can-lead-to-fraud/</link><pubDate>Mon, 12 Sep 2016 19:15:47 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/polishing-financial-results-looks-good-but-can-lead-to-fraud/</guid></item><item><title><![CDATA[Monsanto Whistle-Blower: $22 Million Richer, but Not Satisfied]]></title><description><![CDATA[The former employee at the agribusiness company said he was still bothered that management was not held accountable for years of accounting violations.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/monsanto-whistle-blower-22-million-richer-but-not-satisfied/</link><pubDate>Fri, 09 Sep 2016 23:33:19 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/monsanto-whistle-blower-22-million-richer-but-not-satisfied/</guid></item><item><title><![CDATA[For Monsanto Whistle-Blower, a $22 Million Award That Fell Short]]></title><description><![CDATA[The former employee at the agribusiness company said he is still bothered that management was not held accountable for years of accounting violations.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/for-monsanto-whistle-blower-a-22-million-award-that-fell-short/</link><pubDate>Fri, 09 Sep 2016 21:22:14 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/for-monsanto-whistle-blower-a-22-million-award-that-fell-short/</guid></item><item><title><![CDATA[HMRC captured by corporate interests and crippled by public accountability deficit: Labour’s independent review calls for reform]]></title><description><![CDATA[An independent review commissioned by the UK Labour party to be released today(8 September) will recommend tackling a perceived public accountability deficit, the main structural problem of the UK tax collection authority, which is seen as being too close to big corporations, The Accountant has learnt.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-captured-by-corporate-interests-and-crippled-by-public-accountability-deficit-labours-independent-review-calls-for-reform/</link><pubDate>Wed, 07 Sep 2016 21:10:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-captured-by-corporate-interests-and-crippled-by-public-accountability-deficit-labours-independent-review-calls-for-reform/</guid></item><item><title><![CDATA[News brief: 70% of listed equity markets now official partners of the (SSE), GRI and Switzerland to foster job opportunities in developing markets]]></title><description><![CDATA[Fifty eight stock exchanges, representing over 70% of listed equity markets are now official partners of the Sustainable Stock Exchange Initiative (SSE), a project of the United Nations (UN), according to the initiative&rsquo;s 2016 progress report.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-70-of-listed-equity-markets-now-official-partners-of-the-sse-gri-and-switzerland-to-foster-job-opportunities-in-developing-markets/</link><pubDate>Wed, 07 Sep 2016 11:55:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-70-of-listed-equity-markets-now-official-partners-of-the-sse-gri-and-switzerland-to-foster-job-opportunities-in-developing-markets/</guid></item><item><title><![CDATA[News brief: AAT expands in Malaysia and Cayman Islands; ICAS develops new framework]]></title><description><![CDATA[The Association of Accounting Technicians (AAT) will offer it qualifications in Malaysia and the Cayman Islands. The Institute of Chartered Accountants of Scotland has developed a framework that highlights the key principles for making a sound judgement on financial reporting issues.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-aat-expands-in-malaysia-and-cayman-islands-icas-develops-new-framework/</link><pubDate>Tue, 06 Sep 2016 19:01:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-aat-expands-in-malaysia-and-cayman-islands-icas-develops-new-framework/</guid></item><item><title><![CDATA[Country-by-country reporting to be introduced in UK tax laws and set the tone abroad]]></title><description><![CDATA[The UK Government ministers have approved an amendment to the Finance Bill which will allow the Treasury to pass regulations requiring multinationals to disclose their profits and tax returns to all stakeholders and not just tax authorities.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/country-by-country-reporting-to-be-introduced-in-uk-tax-laws-and-set-the-tone-abroad/</link><pubDate>Tue, 06 Sep 2016 16:07:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/country-by-country-reporting-to-be-introduced-in-uk-tax-laws-and-set-the-tone-abroad/</guid></item><item><title><![CDATA[IIRC appoints Richard Howitt to replace Paul Druckman]]></title><description><![CDATA[The International Integrated Reporting Council (IIRC) has appointed Richard Howitt, a member of the European Parliament (MEP), as its next CEO. Howitt will step down as an MEP and will succeed outgoing CEO Paul Druckman on 1 November 2016.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/iirc-appoints-richard-howitt-to-replace-paul-druckman/</link><pubDate>Mon, 05 Sep 2016 13:32:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/iirc-appoints-richard-howitt-to-replace-paul-druckman/</guid></item><item><title><![CDATA[News brief: IAASB consultation on audit and data analytics; EFRAG board meeting]]></title><description><![CDATA[The IAASB has issued a consultation on the field of data analytics and audit quality; and EFRAG's board will meet in Brussels on 7 and 8 of September.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-iaasb-consultation-on-audit-and-data-analytics-efrag-board-meeting/</link><pubDate>Fri, 02 Sep 2016 18:33:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-iaasb-consultation-on-audit-and-data-analytics-efrag-board-meeting/</guid></item><item><title><![CDATA[EC tax ruling on Apple set to create tensions between EU, the UK and the USA]]></title><description><![CDATA[A war of words has been set off between the USA and European officials following the EU&rsquo;s decision to fine Apple for unpaid taxes over the last 10 years.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ec-tax-ruling-on-apple-set-to-create-tensions-between-eu-the-uk-and-the-usa/</link><pubDate>Thu, 01 Sep 2016 15:46:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ec-tax-ruling-on-apple-set-to-create-tensions-between-eu-the-uk-and-the-usa/</guid></item><item><title><![CDATA[ASEAN audit regulators and World Bank to collaborate]]></title><description><![CDATA[ASEAN audit regulators and the World Bank have agreed to collaborate in order to raise the standard of audit quality in the ASEAN region.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/asean-audit-regulators-and-world-bank-to-collaborate/</link><pubDate>Tue, 30 Aug 2016 16:10:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/asean-audit-regulators-and-world-bank-to-collaborate/</guid></item><item><title><![CDATA[AFROSAI-E pledges to support the professionalisation of public sector auditing and accounting in Africa]]></title><description><![CDATA[The Interim Oversight Board (IOB) of theAfrican Organisation of English-speaking Supreme Audit Institutions (AFROSAI-E) held its first official meeting to review its strategy to foster the professionalisation of public sector auditing and accounting in Africa.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/afrosai-e-pledges-to-support-the-professionalisation-of-public-sector-auditing-and-accounting-in-africa/</link><pubDate>Tue, 30 Aug 2016 16:08:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/afrosai-e-pledges-to-support-the-professionalisation-of-public-sector-auditing-and-accounting-in-africa/</guid></item><item><title><![CDATA[IFAC issued recommendations to G20 to enhance global economic stability]]></title><description><![CDATA[IFAC has issued a call for action to the Group of 20 (G20) for stronger governance across public and private sectors and a stable regulatory environment in order to enhance global economic stability.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifac-issued-recommendations-to-g20-to-enhance-global-economic-stability/</link><pubDate>Fri, 26 Aug 2016 12:42:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifac-issued-recommendations-to-g20-to-enhance-global-economic-stability/</guid></item><item><title><![CDATA[IFRS part of the package for Africa’s economic development: Hoogervorst]]></title><description><![CDATA[IFRS will play a key role in fostering strong African capital markets Hans Hoogervorst, chaiman of the International Accounting Standards Board (IASB), told the audience of a joint IFRS Foundation, Pan-African Federation of Accountants (PAFA) and the Institute of Certified Public Accountants of Kenya (ICPAK) conference.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifrs-part-of-the-package-for-africas-economic-development-hoogervorst/</link><pubDate>Thu, 25 Aug 2016 13:27:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifrs-part-of-the-package-for-africas-economic-development-hoogervorst/</guid></item><item><title><![CDATA[ACCA launches graduate internship scheme in Greece with top firms]]></title><description><![CDATA[ACCA has asked Greek graduates to put themselves in the shoes of Prime Minister Alexis Tsipras in a bid to win a spot as an intern in one of Greece&rsquo;s largest accounting firm.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/acca-launches-graduate-internship-scheme-in-greece-with-top-firms/</link><pubDate>Wed, 24 Aug 2016 10:47:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/acca-launches-graduate-internship-scheme-in-greece-with-top-firms/</guid></item><item><title><![CDATA[ClientEarth points finger at SOCO and Cairn over alleged sustainability reporting failures]]></title><description><![CDATA[Two major oil companies have allegedly failed to disclose details of climate change risks to their businesses in their annual reports.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/clientearth-points-finger-at-soco-and-cairn-over-alleged-sustainability-reporting-failures/</link><pubDate>Tue, 23 Aug 2016 18:31:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/clientearth-points-finger-at-soco-and-cairn-over-alleged-sustainability-reporting-failures/</guid></item><item><title><![CDATA[Saudi Arabia eager to succeed in IFRS adoption]]></title><description><![CDATA[The Saudi Capital Central Market Authority (CMA) has announced that entities listed on the Saudi Stock Exchange will have to disclose their progress in adopting IFRS.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/saudi-arabia-eager-to-succeed-in-ifrs-adoption/</link><pubDate>Tue, 23 Aug 2016 18:05:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/saudi-arabia-eager-to-succeed-in-ifrs-adoption/</guid></item><item><title><![CDATA[PCAOB: Major deficiencies in audit inspections of broker dealers persist]]></title><description><![CDATA[Inspectors from the Public Company Accounting Oversight Board (PCAOB) found major deficiencies in the audits of broker dealers.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pcaob-major-deficiencies-in-audit-inspections-of-broker-dealers-persist/</link><pubDate>Mon, 22 Aug 2016 17:35:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pcaob-major-deficiencies-in-audit-inspections-of-broker-dealers-persist/</guid></item><item><title><![CDATA[Bloated Pay Came Before Hain Celestial’s Error]]></title><description><![CDATA[Investors were stunned when Hain said it had an accounting problem, but clues to oversight problems had been evident for a while in the company&rsquo;s excessive executive pay.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/bloated-pay-came-before-hain-celestials-error/</link><pubDate>Sun, 21 Aug 2016 06:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/bloated-pay-came-before-hain-celestials-error/</guid></item><item><title><![CDATA[UK Treasury gets tough on tax avoidance enablers]]></title><description><![CDATA[The crackdown on tax avoidance is going full steam ahead as the UK Treasury has proposed hefty fines.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/uk-treasury-gets-tough-on-tax-avoidance-enablers/</link><pubDate>Wed, 17 Aug 2016 19:41:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/uk-treasury-gets-tough-on-tax-avoidance-enablers/</guid></item><item><title><![CDATA[Kevin Dancey nominated for the 2016 TA &amp; IAB lifetime achievement award]]></title><description><![CDATA[Kevin Dancey, former president &amp; CEO of CPA Canada, was nominated for the 2016 TA &amp; IAB lifetime achievement award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kevin-dancey-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</link><pubDate>Wed, 17 Aug 2016 11:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kevin-dancey-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</guid></item><item><title><![CDATA[James Doty nominated for the 2016 TA &amp; IAB lifetime achievement award]]></title><description><![CDATA[James Doty, chairman of the PCAOB, was nominated for the 2016 TA &amp; IAB lifetime achievement award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/james-doty-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</link><pubDate>Tue, 16 Aug 2016 15:55:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/james-doty-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</guid></item><item><title><![CDATA[Steven D. Kelly nominated for the 2016 TA &amp; IAB lifetime achievement award]]></title><description><![CDATA[Steven D. Kelly, chairman and former CEO of Rehmann (Nexia International), was nominated for the 2016 TA &amp; IAB lifetime achievement award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/steven-d-kelly-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</link><pubDate>Tue, 16 Aug 2016 15:50:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/steven-d-kelly-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</guid></item><item><title><![CDATA[Sabry Heakal nominated for the 2016 TA &amp; IAB lifetime achievement award]]></title><description><![CDATA[Sabry Heakal, chairman of RSM Egypt &ndash; Consulting | FPO, was nominated for the 2016 TA &amp; IAB lifetime achievement award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sabry-heakal-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</link><pubDate>Tue, 16 Aug 2016 15:47:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sabry-heakal-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</guid></item><item><title><![CDATA[Raul Corr&ecirc;a da Silva nominated for the 2016 TA &amp; IAB lifetime achievement award]]></title><description><![CDATA[Raul Corr&ecirc;a da Silva, president of BDO Brazil, was nominated for the 2016 TA &amp; IAB lifetime achievement award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/raul-correcirca-da-silva-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</link><pubDate>Tue, 16 Aug 2016 15:43:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/raul-correcirca-da-silva-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</guid></item><item><title><![CDATA[Olivia Kirtley nominated for the 2016 TA &amp; IAB lifetime achievement award]]></title><description><![CDATA[Olivia Kirtley, president of IFAC, was nominated for the 2016 TA &amp; IAB lifetime achievement award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/olivia-kirtley-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</link><pubDate>Tue, 16 Aug 2016 15:40:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/olivia-kirtley-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</guid></item><item><title><![CDATA[Michael Snyder nominated for the 2016 TA &amp; IAB lifetime achievement award]]></title><description><![CDATA[Michael Snyder, senior partner at Kingston Smith, was nominated for the 2016 TA &amp; IAB lifetime achievement award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/michael-snyder-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</link><pubDate>Mon, 15 Aug 2016 16:10:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/michael-snyder-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</guid></item><item><title><![CDATA[Lois Guthrie nominated for the 2016 TA &amp; IAB lifetime achievement award]]></title><description><![CDATA[Lois Guthrie, founding director ar CDSB, was nominated for the 2016 TA &amp; IAB lifetime achievement award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/lois-guthrie-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</link><pubDate>Mon, 15 Aug 2016 16:06:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/lois-guthrie-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</guid></item><item><title><![CDATA[Lois Gurthrie nominated for the 2016 TA &amp; IAB lifetime achievement award]]></title><description><![CDATA[Lois Gurthrie, founding director ar CDSB, was nominated for the 2016 TA &amp; IAB lifetime achievement award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/lois-gurthrie-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</link><pubDate>Mon, 15 Aug 2016 16:06:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/lois-gurthrie-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</guid></item><item><title><![CDATA[Fayezul Choudhury nominated for the 2016 TA &amp; IAB lifetime achievement award]]></title><description><![CDATA[Fayezul Choudhury, CEO of IFAC, was nominated for the 2016 TA &amp; IAB lifetime achievement award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/fayezul-choudhury-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</link><pubDate>Mon, 15 Aug 2016 15:29:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/fayezul-choudhury-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</guid></item><item><title><![CDATA[Edward Nusbaum nominated for the 2016 TA &amp; IAB lifetime achievement award]]></title><description><![CDATA[Edward Nusbaum, global CEO of Grant Thornton International, was nominated for the 2016 TA &amp; IAB lifetime achievement award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/edward-nusbaum-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</link><pubDate>Mon, 15 Aug 2016 15:26:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/edward-nusbaum-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</guid></item><item><title><![CDATA[D. N. Chaturvedi nominated for the 2016 TA &amp; IAB lifetime achievement award]]></title><description><![CDATA[D. N. Chaturvedi, founder of Chaturvedi &amp; Shah, was nominated for the 2016 TA &amp; IAB lifetime achievement award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/d-n-chaturvedi-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</link><pubDate>Mon, 15 Aug 2016 15:24:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/d-n-chaturvedi-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</guid></item><item><title><![CDATA[David Stene nominated for the 2016 TA &amp; IAB lifetime achievement award]]></title><description><![CDATA[David Stene, partner at Eide Bailly, was nominated for the 2016 TA &amp; IAB lifetime achievement award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/david-stene-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</link><pubDate>Mon, 15 Aug 2016 15:18:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/david-stene-nominated-for-the-2016-ta-amp-iab-lifetime-achievement-award/</guid></item><item><title><![CDATA[Stephen Hamlet nominated for the 2016 TA &amp; IAB personality of the year award]]></title><description><![CDATA[Stephen Hamlet, CEO of IAPA, was nominated for the 2016 TA &amp; IAB personality of the year award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/stephen-hamlet-nominated-for-the-2016-ta-amp-iab-personality-of-the-year-award/</link><pubDate>Fri, 12 Aug 2016 15:14:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/stephen-hamlet-nominated-for-the-2016-ta-amp-iab-personality-of-the-year-award/</guid></item><item><title><![CDATA[Bill Hagaman nominated for the 2016 TA &amp; IAB personality of the year award]]></title><description><![CDATA[Bill Hagaman, CEO &amp; managing partner at WithumSmith+Brown PC, was nominated for the 2016 TA &amp; IAB personality of the year award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/bill-hagaman-nominated-for-the-2016-ta-amp-iab-personality-of-the-year-award/</link><pubDate>Fri, 12 Aug 2016 15:01:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/bill-hagaman-nominated-for-the-2016-ta-amp-iab-personality-of-the-year-award/</guid></item><item><title><![CDATA[Thuto Masasa nominated for TA &amp; IAB Young accountant of the year award]]></title><description><![CDATA[Thuto Masasa, director at Nkonki Incorporated (Kreston International), was nominated for TA &amp; IAB young accountant of the year award]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/thuto-masasa-nominated-for-ta-amp-iab-young-accountant-of-the-year-award/</link><pubDate>Thu, 11 Aug 2016 13:43:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/thuto-masasa-nominated-for-ta-amp-iab-young-accountant-of-the-year-award/</guid></item><item><title><![CDATA[Inderveer Hothi nominated for TA &amp; IAB Young accountant of the year award]]></title><description><![CDATA[Inderveer (&ldquo;Indy&rdquo;) Hothi, sector investment manager at UK Trade &amp; Investment, was nominated for TA &amp; IAB young accountant of the year award]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/inderveer-hothi-nominated-for-ta-amp-iab-young-accountant-of-the-year-award/</link><pubDate>Thu, 11 Aug 2016 13:40:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/inderveer-hothi-nominated-for-ta-amp-iab-young-accountant-of-the-year-award/</guid></item><item><title><![CDATA[Thomas Gillan nominated for TA &amp; IAB Young accountant of the year award]]></title><description><![CDATA[Thomas Gillan, CFO at Social Investment Scotland, Edinburgh Sustainability &amp; CSR, was nominated for TA &amp; IAB young accountant of the year award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/thomas-gillan-nominated-for-ta-amp-iab-young-accountant-of-the-year-award/</link><pubDate>Thu, 11 Aug 2016 13:37:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/thomas-gillan-nominated-for-ta-amp-iab-young-accountant-of-the-year-award/</guid></item><item><title><![CDATA[Elizabeth Young nominated for TA &amp; IAB Young accountant of the year award]]></title><description><![CDATA[Elizabeth Young, internal audit senior manager at Scott-Moncrieff Entrepreneurship, was nominated for TA &amp; IAB young accountant of the year award.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/elizabeth-young-nominated-for-ta-amp-iab-young-accountant-of-the-year-award/</link><pubDate>Thu, 11 Aug 2016 13:34:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/elizabeth-young-nominated-for-ta-amp-iab-young-accountant-of-the-year-award/</guid></item><item><title><![CDATA[Simon Byrne nominated for TA &amp; IAB Young accountant of the year award]]></title><description><![CDATA[Simon Byrne, audit director at HLB Sheehan Quinn, was nominated for TA &amp; IAB young accountant of the year award]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/simon-byrne-nominated-for-ta-amp-iab-young-accountant-of-the-year-award/</link><pubDate>Thu, 11 Aug 2016 13:28:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/simon-byrne-nominated-for-ta-amp-iab-young-accountant-of-the-year-award/</guid></item><item><title><![CDATA[UK FRC “new” status as consequence of EU audit reform]]></title><description><![CDATA[The Department for Business, Energy and Industrial Strategy (BEIS), the Financial Reporting Council (FRC) has published a report confirming the UK FRC as the competent authority for the regulation of auditors, however legislation will require the UK FRC to assign regulatory tasks to recognised supervisory bodies (RSB).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/uk-frc-new-status-as-consequence-of-eu-audit-reform/</link><pubDate>Tue, 09 Aug 2016 19:33:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/uk-frc-new-status-as-consequence-of-eu-audit-reform/</guid></item><item><title><![CDATA[UK FRC “new” status as consequence of EU audit reform]]></title><description><![CDATA[The Department for Business, Energy and Industrial Strategy (BEIS), the Financial Reporting Council (FRC) has published a report confirming the UK FRC as the competent authority for the regulation of auditors, however legislation will require the UK FRC to assign regulatory tasks to recognised supervisory bodies (RSB).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/uk-frc-new-status-as-consequence-of-eu-audit-reform/</link><pubDate>Tue, 09 Aug 2016 19:33:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/uk-frc-new-status-as-consequence-of-eu-audit-reform/</guid></item><item><title><![CDATA[PCAOB might finally have a look at USA listed Chinese companies’ audits]]></title><description><![CDATA[The deadlock between the USA and China over the long held dispute on audit inspections of USA listed Chinese companies might finally be broken]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pcaob-might-finally-have-a-look-at-usa-listed-chinese-companies-audits/</link><pubDate>Tue, 09 Aug 2016 17:56:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pcaob-might-finally-have-a-look-at-usa-listed-chinese-companies-audits/</guid></item><item><title><![CDATA[PCAOB might finally have a look at USA listed Chinese companies’ audits]]></title><description><![CDATA[The deadlock between the USA and China over the long held dispute on audit inspections of USA listed Chinese companies might finally be broken]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pcaob-might-finally-have-a-look-at-usa-listed-chinese-companies-audits/</link><pubDate>Tue, 09 Aug 2016 17:56:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pcaob-might-finally-have-a-look-at-usa-listed-chinese-companies-audits/</guid></item><item><title><![CDATA[Accounting Error May Not Derail Deal, but Ex-Director Bails Early Anyway]]></title><description><![CDATA[Diamond Resorts&rsquo; stock has held up despite a delayed earnings report, because it&rsquo;s about to be bought. So why did an ex-director cash in so much stock?]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accounting-error-may-not-derail-deal-but-ex-director-bails-early-anyway/</link><pubDate>Sun, 07 Aug 2016 06:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accounting-error-may-not-derail-deal-but-ex-director-bails-early-anyway/</guid></item><item><title><![CDATA[Singapore lags behind in sustainability reporting]]></title><description><![CDATA[Companies in Singapore are not as actively involved in sustainability reporting as their Asian counterparts, a survey has found. The survey, conducted by the ASEAN CSR Network and the Centre for Governance, Institutions and Organisations (CGIO), part of the National University of Singapore, covered corporate information over two years from the start of 2014 to the end of last year.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/singapore-lags-behind-in-sustainability-reporting/</link><pubDate>Fri, 05 Aug 2016 18:34:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/singapore-lags-behind-in-sustainability-reporting/</guid></item><item><title><![CDATA[Suriname World Bank-funded capacity building project in need of implementation]]></title><description><![CDATA[The implementation of a three-year project to build capacity among Suriname&rsquo;s accountancy profession needs to be strengthened, according to a memo written by the World Bank, the organisation that funds the project.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/suriname-world-bank-funded-capacity-building-project-in-need-of-implementation/</link><pubDate>Thu, 04 Aug 2016 15:57:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/suriname-world-bank-funded-capacity-building-project-in-need-of-implementation/</guid></item><item><title><![CDATA[Tax secrecy makes BEPS useless and dangerous: UK Parliament cross-party group suggests]]></title><description><![CDATA[Lack of transparency stands in the way of a fair global tax system, according to a new report by the UK All Party Parliamentary Group (APPG) on Responsible Tax.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tax-secrecy-makes-beps-useless-and-dangerous-uk-parliament-cross-party-group-suggests/</link><pubDate>Thu, 04 Aug 2016 15:01:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tax-secrecy-makes-beps-useless-and-dangerous-uk-parliament-cross-party-group-suggests/</guid></item><item><title><![CDATA[Lease accounting tax changes designed to be revenue-neutral: HMRC]]></title><description><![CDATA[Changes to UK tax caused by amendments to lease accounting rules will not be an attempt to raise net tax revenue from lessors, according to a representative of HMRC, the UK tax authority]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/lease-accounting-tax-changes-designed-to-be-revenue-neutral-hmrc/</link><pubDate>Wed, 03 Aug 2016 12:57:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/lease-accounting-tax-changes-designed-to-be-revenue-neutral-hmrc/</guid></item><item><title><![CDATA[Big Four partners dominate appointments to EFRAG’s working groups]]></title><description><![CDATA[Big Four partners constitute a large segment of the newly approved composition of the European Financial Advisory Group (EFRAG) groupings on insurance accounting and financial instruments.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/big-four-partners-dominate-appointments-to-efrags-working-groups/</link><pubDate>Tue, 02 Aug 2016 12:57:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/big-four-partners-dominate-appointments-to-efrags-working-groups/</guid></item><item><title><![CDATA[Brexit-induced Sterling fall distorts balance sheets, Moody’s suggests]]></title><description><![CDATA[As a result of the sharp decline in the pound, only a week before half year balance sheets are due, results will not reflect a true picture of the companies&rsquo; economic activities, argues the report.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/brexit-induced-sterling-fall-distorts-balance-sheets-moodys-suggests/</link><pubDate>Fri, 29 Jul 2016 16:30:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/brexit-induced-sterling-fall-distorts-balance-sheets-moodys-suggests/</guid></item><item><title><![CDATA[News brief: IFAC and management accountants; IPSAS and financial instruments; ACCA’s membership figures report]]></title><description><![CDATA[The International Federation of Accountants (IFAC) released a guide titled: Engaging Professional Accountants in Business: How to Build a More Relevant PAO and Profession.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-ifac-and-management-accountants-ipsas-and-financial-instruments-accas-membership-figures-report/</link><pubDate>Thu, 28 Jul 2016 18:36:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-ifac-and-management-accountants-ipsas-and-financial-instruments-accas-membership-figures-report/</guid></item><item><title><![CDATA[Accounting expertise key component of businesses’s growth, research demonstrates]]></title><description><![CDATA[A literature review commissioned by IFAC has demonstrated that accounting expertise leads to superior performance and development for businesses.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accounting-expertise-key-component-of-businessess-growth-research-demonstrates/</link><pubDate>Thu, 28 Jul 2016 17:35:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accounting-expertise-key-component-of-businessess-growth-research-demonstrates/</guid></item><item><title><![CDATA[FRC releases revised version of audit firms governance code]]></title><description><![CDATA[While aiming to enhance transparency and improve engagement between firms, investors and independent non-executives, the code will serve as a benchmark of good governance practice against which audit firms can report to stakeholders, according to the FRC.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-releases-revised-version-of-audit-firms-governance-code/</link><pubDate>Thu, 28 Jul 2016 15:50:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-releases-revised-version-of-audit-firms-governance-code/</guid></item><item><title><![CDATA[UK Treasury Committee points the finger at FRC on HBOS/KPMG audit investigation]]></title><description><![CDATA[The UK Parliamentary Treasury Committee has released their final report regarding the failure of British bank HBOS, in which the Financial Reporting Council (FRC) is criticised for its alleged&nbsp; &ldquo;lack of diligence and curiosity&rdquo; investigating KPMG&rsquo;s audit work of the bank.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/uk-treasury-committee-points-the-finger-at-frc-on-hboskpmg-audit-investigation/</link><pubDate>Wed, 27 Jul 2016 19:09:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/uk-treasury-committee-points-the-finger-at-frc-on-hboskpmg-audit-investigation/</guid></item><item><title><![CDATA[Comment: What is climate risk? (TCFD series part 1)]]></title><description><![CDATA[In the first of a 4 part series, CDSB founding director Lois Guthrie, considers some of the questions that might be on the minds of TCFD members]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/comment-what-is-climate-risk-tcfd-series-part-1/</link><pubDate>Wed, 27 Jul 2016 17:50:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/comment-what-is-climate-risk-tcfd-series-part-1/</guid></item><item><title><![CDATA[Comment: What is climate risk?]]></title><description><![CDATA[In the first of a 4 part series, CDSB founding director Lois Guthrie, considers some of the questions that might be on the minds of TCFD members]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/comment-what-is-climate-risk/</link><pubDate>Wed, 27 Jul 2016 17:50:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/comment-what-is-climate-risk/</guid></item><item><title><![CDATA[Half of listed companies worldwide use IFRS]]></title><description><![CDATA[A Little over 50% of domestic listed companies on the 85 major securities exchanges in the world use IFRS, according to the latest figures released by the IFRS Foundation.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/half-of-listed-companies-worldwide-use-ifrs/</link><pubDate>Wed, 27 Jul 2016 16:20:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/half-of-listed-companies-worldwide-use-ifrs/</guid></item><item><title><![CDATA[EU audit reform instigator appointed Brexit negotiator]]></title><description><![CDATA[Michel Barnier, former vice-president of the European Commission (EC) and former French minister, has been appointed chief negotiator in charge of leading the commission taskforce for the preparation and conduct of the negotiations with the UK under Article 50 of the Treaty of the European Union (EU).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eu-audit-reform-instigator-appointed-brexit-negotiator/</link><pubDate>Wed, 27 Jul 2016 12:59:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eu-audit-reform-instigator-appointed-brexit-negotiator/</guid></item><item><title><![CDATA[EU audit reform instigator appointed Brexit negotiator]]></title><description><![CDATA[Michel Barnier, former vice-president of the European Commission (EC) and former French minister, has been appointed chief negotiator in charge of leading the commission taskforce for the preparation and conduct of the negotiations with the UK under Article 50 of the Treaty of the European Union (EU).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eu-audit-reform-instigator-appointed-brexit-negotiator/</link><pubDate>Wed, 27 Jul 2016 12:59:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eu-audit-reform-instigator-appointed-brexit-negotiator/</guid></item><item><title><![CDATA[PwC and Grant Thornton caught by Parliament’s BHS report]]></title><description><![CDATA[The accounting profession has been shaken yet again by another scandal, which implicates major industry stakeholders in the latest BHS case.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pwc-and-grant-thornton-caught-by-parliaments-bhs-report/</link><pubDate>Mon, 25 Jul 2016 19:33:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pwc-and-grant-thornton-caught-by-parliaments-bhs-report/</guid></item><item><title><![CDATA[A Profit Bump for Companies, and Tax Transparency for Investors]]></title><description><![CDATA[A shift in the way companies deduct stock options will raise reported net earnings, but it could also rekindle a debate about low U.S. corporate taxes.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/a-profit-bump-for-companies-and-tax-transparency-for-investors/</link><pubDate>Sat, 23 Jul 2016 18:22:38 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/a-profit-bump-for-companies-and-tax-transparency-for-investors/</guid></item><item><title><![CDATA[Materiality and the total mix of information]]></title><description><![CDATA[Andrew Collins, technical director at the Sustainability Accounting Standards Board (SASB), met in Las Vegas with Carlos Martin Tornero at the annual conference of the Institute of Management Accountants (IMA) to discuss the latest trends in non-financial reporting in America and around the globe]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/materiality-and-the-total-mix-of-information/</link><pubDate>Fri, 22 Jul 2016 12:52:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/materiality-and-the-total-mix-of-information/</guid></item><item><title><![CDATA[OECD to present criteria for yet another (empty) list]]></title><description><![CDATA[The Organisation for Economic Co-operation and Development (OECD) will present to the G20 finance ministers and central bank governors meeting a list of criteria to identify jurisdictions non-cooperative from a tax transparency perspective, but will these criteria deliver on putting pressure on the world&rsquo;s largest tax havens?]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/oecd-to-present-criteria-for-yet-another-empty-list/</link><pubDate>Fri, 22 Jul 2016 12:14:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/oecd-to-present-criteria-for-yet-another-empty-list/</guid></item><item><title><![CDATA[Mixed views on the future of corporate reporting]]></title><description><![CDATA[Responses to the Federation of European Accountant (FEE) paper on corporate reporting reveals disparities of views as to where the field is heading.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/mixed-views-on-the-future-of-corporate-reporting/</link><pubDate>Thu, 21 Jul 2016 15:04:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/mixed-views-on-the-future-of-corporate-reporting/</guid></item><item><title><![CDATA[C.E.O.s Meet in Secret Over the Sorry State of Public Companies]]></title><description><![CDATA[In a series of meetings, titans of business and finance grappled with what they see as a problem of too much money going and staying private.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ceos-meet-in-secret-over-the-sorry-state-of-public-companies/</link><pubDate>Thu, 21 Jul 2016 07:01:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ceos-meet-in-secret-over-the-sorry-state-of-public-companies/</guid></item><item><title><![CDATA[Updated: IESBA aims to raise the ethical bar for accountants with new standard]]></title><description><![CDATA[The International Ethics Standards Board for Accountants (IESBA) released a new standard, which sets out a framework to guide auditors and other professional accountants on what actions to take when they become aware of a potential illegal act.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/updated-iesba-aims-to-raise-the-ethical-bar-for-accountants-with-new-standard/</link><pubDate>Tue, 19 Jul 2016 18:11:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/updated-iesba-aims-to-raise-the-ethical-bar-for-accountants-with-new-standard/</guid></item><item><title><![CDATA[IESBA aims to raise the ethical bar for accountants with new standard]]></title><description><![CDATA[The International Ethics Standards Board for Accountants (IESBA) released a new standard, which sets out a framework to guide auditors and other professional accountants on what actions to take when they become aware of a potential illegal act.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/iesba-aims-to-raise-the-ethical-bar-for-accountants-with-new-standard/</link><pubDate>Tue, 19 Jul 2016 18:11:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/iesba-aims-to-raise-the-ethical-bar-for-accountants-with-new-standard/</guid></item><item><title><![CDATA[News brief, appointments: PwC Africa Business Group, IVSC, CCAB, CIPFA, IFRS Foundation]]></title><description><![CDATA[Joel Segal, partner and chair of PwC&rsquo;s Africa Business Group, has been appointed as chair of TheCityUK&rsquo;s Sub-Saharan Africa Market Advisory Group.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointments-pwc-africa-business-group-ivsc-ccab-cipfa-ifrs-foundation/</link><pubDate>Thu, 14 Jul 2016 19:14:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointments-pwc-africa-business-group-ivsc-ccab-cipfa-ifrs-foundation/</guid></item><item><title><![CDATA[FRC assesses audit confidence climate in the UK]]></title><description><![CDATA[Audit: An Overview 2015/16, a report by the FRC, examines confidence in UK audit and states that it has increased due to factors such as the recent changes to independence requirements and the promotion of quality to drive competition, as well as the EU reform.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-assesses-audit-confidence-climate-in-the-uk/</link><pubDate>Thu, 14 Jul 2016 13:46:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-assesses-audit-confidence-climate-in-the-uk/</guid></item><item><title><![CDATA[Deltour’s trial unfortunate says newly elected chair of the EU Panama Papers Inquiry Committee]]></title><description><![CDATA[Following the approbation of the European Parliament last June to establish a Panama Papers Inquiry Committee, the 65 members of the committee has elected its chair, Werner Langen, and four vice-chairs.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/deltours-trial-unfortunate-says-newly-elected-chair-of-the-eu-panama-papers-inquiry-committee/</link><pubDate>Wed, 13 Jul 2016 13:44:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/deltours-trial-unfortunate-says-newly-elected-chair-of-the-eu-panama-papers-inquiry-committee/</guid></item><item><title><![CDATA[News brief: American black accountants elect chairman]]></title><description><![CDATA[Steven Harris has been elected chairman of the National Association of Black Accountants (NABA), effective 1 July, succeeding Kenneth Cook.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-american-black-accountants-elect-chairman/</link><pubDate>Tue, 12 Jul 2016 17:42:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-american-black-accountants-elect-chairman/</guid></item><item><title><![CDATA[CIPFA and EY partnership to offer local authorities accounting services]]></title><description><![CDATA[The Chartered Institute of Public Finance and Accountancy (CIPFA) and EY will team up to produce fully compliant accounts for local authorities.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/cipfa-and-ey-partnership-to-offer-local-authorities-accounting-services/</link><pubDate>Mon, 11 Jul 2016 17:12:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/cipfa-and-ey-partnership-to-offer-local-authorities-accounting-services/</guid></item><item><title><![CDATA[Charles Tilley to step down as CIMA CEO]]></title><description><![CDATA[Charles Tilley is to step down as CEO of the Chartered Institute of Management Accountants (CIMA), effective 31 July, after 15 years at the helm of the global professional body.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/charles-tilley-to-step-down-as-cima-ceo/</link><pubDate>Mon, 11 Jul 2016 15:45:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/charles-tilley-to-step-down-as-cima-ceo/</guid></item><item><title><![CDATA[News brief, appointment: Global Reporting Initiative, BDO, and IFRS committee]]></title><description><![CDATA[Eric Hespenheide was appointed interim chief executive of the Global Reporting Initiative, following Michael Meehan&rsquo;s decision to leave the organisation.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointment-global-reporting-initiative-bdo-and-ifrs-committee/</link><pubDate>Mon, 11 Jul 2016 13:57:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointment-global-reporting-initiative-bdo-and-ifrs-committee/</guid></item><item><title><![CDATA[News brief: FEE’s template for CbC reporting, EFRAG and Korean standard setter joint meeting]]></title><description><![CDATA[As country by country reporting (CbCR) of tax information picks up momentum through a series of initiatives internationally, the Federation of European Accountants (FEE) has released a template proposal to help businesses be compliant with CbCR requirements.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-fees-template-for-cbc-reporting-efrag-and-korean-standard-setter-joint-meeting/</link><pubDate>Mon, 11 Jul 2016 13:54:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-fees-template-for-cbc-reporting-efrag-and-korean-standard-setter-joint-meeting/</guid></item><item><title><![CDATA[ICAS research: Everything you always wanted to know about Brexit* (*but Brexiters were too afraid to answer before the referendum) -- business and trade]]></title><description><![CDATA[Second tranche of the questions and answers about the implications of the Brexit by the technical team of the Institute of Chartered Accountants of Scotland (ICAS)]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/icas-research-everything-you-always-wanted-to-know-about-brexit-but-brexiters-were-too-afraid-to-answer-before-the-referendum-business-and-trade/</link><pubDate>Thu, 07 Jul 2016 14:28:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/icas-research-everything-you-always-wanted-to-know-about-brexit-but-brexiters-were-too-afraid-to-answer-before-the-referendum-business-and-trade/</guid></item><item><title><![CDATA[Comment: Big Four, big winners of Cameron’s Brexit gamble]]></title><description><![CDATA[The Big Four accountancy firms are already tipped to be hired by the government to assist in future trade negotiations. Now that the UK seems to be exiting the EU, would they also try to bring down the audit reform, which they very much despised?]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/comment-big-four-big-winners-of-camerons-brexit-gamble/</link><pubDate>Wed, 06 Jul 2016 18:27:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/comment-big-four-big-winners-of-camerons-brexit-gamble/</guid></item><item><title><![CDATA[ICAEW calls for mandatory work experience for young people]]></title><description><![CDATA[The lack of adequate career advice is exacerbating skills shortages and is also having a negative impact on the country&rsquo;s productivity, a report by the UK Parliament's Sub-Committee on Education, Skills and the Economy has warned.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/icaew-calls-for-mandatory-work-experience-for-young-people/</link><pubDate>Wed, 06 Jul 2016 18:03:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/icaew-calls-for-mandatory-work-experience-for-young-people/</guid></item><item><title><![CDATA[Leo Messi given two-year suspended sentence as court found him guilty of tax fraud]]></title><description><![CDATA[Barcelona FC player Leo Messi and his father have been found guilty in the court case followed against them for tax fraud, Spanish media has today reported.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/leo-messi-given-two-year-suspended-sentence-as-court-found-him-guilty-of-tax-fraud/</link><pubDate>Wed, 06 Jul 2016 13:01:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/leo-messi-given-two-year-suspended-sentence-as-court-found-him-guilty-of-tax-fraud/</guid></item><item><title><![CDATA[USA and Asia Pacific businesses lagging behind in BEPS implementation]]></title><description><![CDATA[Businesses in the USA and Asia Pacific are lagging behind their counterparts in Europe and Latin America in terms of preparation for the OECD Base Erosion and Profit Shifting (BEPS) project recommendations, according to a survey by Thomson Reuters.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/usa-and-asia-pacific-businesses-lagging-behind-in-beps-implementation/</link><pubDate>Tue, 05 Jul 2016 18:16:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/usa-and-asia-pacific-businesses-lagging-behind-in-beps-implementation/</guid></item><item><title><![CDATA[ICAS research: Everything you always wanted to know about Brexit* (*but Brexiters were too afraid to answer before the referendum) -- government policy issues]]></title><description><![CDATA[The technical team of the Institute of Chartered Accountants of Scotland (ICAS) has come up with a number of questions about the implications of the Brexit.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/icas-research-everything-you-always-wanted-to-know-about-brexit-but-brexiters-were-too-afraid-to-answer-before-the-referendum-government-policy-issues/</link><pubDate>Tue, 05 Jul 2016 17:19:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/icas-research-everything-you-always-wanted-to-know-about-brexit-but-brexiters-were-too-afraid-to-answer-before-the-referendum-government-policy-issues/</guid></item><item><title><![CDATA[Asia-Pacific accounting market remains calm after Brexit vote]]></title><description><![CDATA[While the majority of businesses and investors in Asia-Pacific brace themselves for a blow to financial markets as well as other knock-on effects across the region following the UK&rsquo;s decision to leave the EU, the accounting industry is remaining steadfastly optimistic about what this could mean for them. Xiou Ann Lim speaks to two CEOs to uncover their sentiments on the matter]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/asia-pacific-accounting-market-remains-calm-after-brexit-vote/</link><pubDate>Mon, 04 Jul 2016 12:57:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/asia-pacific-accounting-market-remains-calm-after-brexit-vote/</guid></item><item><title><![CDATA[Deltour and Halet found guilty in LuxLeaks trial]]></title><description><![CDATA[Antoine Deltour and Rapha&euml;l Halet, both ex-PwC accountants, have been found guilty of leaking documents in the Luxleaks trial and given a suspended prison sentence of 12 months and 9 months respectively.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/deltour-and-halet-found-guilty-in-luxleaks-trial/</link><pubDate>Wed, 29 Jun 2016 16:02:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/deltour-and-halet-found-guilty-in-luxleaks-trial/</guid></item><item><title><![CDATA[Deltour and Halet found guilty in LuxLeaks trail]]></title><description><![CDATA[Antoine Deltour and Rapha&euml;l Halet, both ex-PwC accountants, have been found guilty and given a suspended prison sentence of 12 months and 9 months respectively.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/deltour-and-halet-found-guilty-in-luxleaks-trail/</link><pubDate>Wed, 29 Jun 2016 16:02:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/deltour-and-halet-found-guilty-in-luxleaks-trail/</guid></item><item><title><![CDATA[FRC to investigate KPMG and PwC]]></title><description><![CDATA[The UK Financial Reporting Council (FRC) has launched two major investigations related to audit work of two of the Big Four firms, KPMG and PwC.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-to-investigate-kpmg-and-pwc/</link><pubDate>Tue, 28 Jun 2016 12:48:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-to-investigate-kpmg-and-pwc/</guid></item><item><title><![CDATA[ACCA and CA ANZ enter alliance]]></title><description><![CDATA[The Association of Chartered Certified Accountants (ACCA) and the Chartered Accountants Australia and New Zealand (CA ANZ) have entered an alliance, which according to ACCA will add value to members locally and globally.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/acca-and-ca-anz-enter-alliance/</link><pubDate>Tue, 28 Jun 2016 12:42:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/acca-and-ca-anz-enter-alliance/</guid></item><item><title><![CDATA[President of Caribbean accountants calls on members to cooperate and forge a stronger regional profession]]></title><description><![CDATA[Belize City, Belize. Jasmine Davis, president of the Institute of Chartered Accountants of the Caribbean (ICAC), called on all the Professional Accountancy Organisations (PAOs) of the region to work closer together in the pursuit of a stronger cooperation to commit to the promotion of a robust compliance culture within professional bodies.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/president-of-caribbean-accountants-calls-on-members-to-cooperate-and-forge-a-stronger-regional-profession/</link><pubDate>Mon, 27 Jun 2016 21:04:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/president-of-caribbean-accountants-calls-on-members-to-cooperate-and-forge-a-stronger-regional-profession/</guid></item><item><title><![CDATA[Analysis: The big Brexit gamble and the profession]]></title><description><![CDATA[Brexit has multiple dimensions politically and economically and puts Britain in uncharted territory. It also has the same ramifications for the accounting profession. While there are many unanswered questions for the profession itself, there are also many opportunities to support businesses through this change in an advisory capacity.High on the agenda are likely investment banking advice services, restructuring and human resources advice for companies with a European footprint.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/analysis-the-big-brexit-gamble-and-the-profession/</link><pubDate>Sun, 26 Jun 2016 22:03:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/analysis-the-big-brexit-gamble-and-the-profession/</guid></item><item><title><![CDATA[European Commission to challenge Lease Accounting Standard suitability]]></title><description><![CDATA[The European Commission has begun an assessment of whether the new international lease accounting standard, IFRS 16, will be conducive to the European public good.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/european-commission-to-challenge-lease-accounting-standard-suitability/</link><pubDate>Fri, 24 Jun 2016 16:30:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/european-commission-to-challenge-lease-accounting-standard-suitability/</guid></item><item><title><![CDATA[Management accounting profession to build relationships, not walls, outside America]]></title><description><![CDATA[Las Vegas, USA. The Institute of Management Accountants (IMA) eyes building relationships in Latin America through its chapter in Mexico, The Accountant has learnt.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/management-accounting-profession-to-build-relationships-not-walls-outside-america/</link><pubDate>Wed, 22 Jun 2016 14:46:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/management-accounting-profession-to-build-relationships-not-walls-outside-america/</guid></item><item><title><![CDATA[Concerns raised over lack of a harmonised European accounting framework for SMEs]]></title><description><![CDATA[Implementation of the European Union (EU) Accounting Directive has created a fragmented accounting for SMEs landscape across Europe, a survey by the European Federation of Accountants and Auditors for SMEs (EFAA) has found.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/concerns-raised-over-lack-of-a-harmonised-european-accounting-framework-for-smes/</link><pubDate>Mon, 20 Jun 2016 13:42:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/concerns-raised-over-lack-of-a-harmonised-european-accounting-framework-for-smes/</guid></item><item><title><![CDATA[EU audit reform implementation state of play]]></title><description><![CDATA[One third of the European Union (EU) member states have implemented the EU audit reform on time, according to an analysis by the Federation of European Accountant (FEE).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eu-audit-reform-implementation-state-of-play/</link><pubDate>Mon, 20 Jun 2016 13:22:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eu-audit-reform-implementation-state-of-play/</guid></item><item><title><![CDATA[IMA conference kicks off at tipping point for global management accounting profession]]></title><description><![CDATA[Las Vegas, USA. IMA announced its seventh international office in Singapore and its 80,000 membership mark, at time when AICPA and CIMA create a new 600,000-strong association]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ima-conference-kicks-off-at-tipping-point-for-global-management-accounting-profession/</link><pubDate>Mon, 20 Jun 2016 11:16:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ima-conference-kicks-off-at-tipping-point-for-global-management-accounting-profession/</guid></item><item><title><![CDATA[IAB and TA Brexit poll: Profession wants to remain in the EU]]></title><description><![CDATA[Accounting professionals are overwhelmingly in favour of staying in the European Union (EU) according to a poll conducted by International Accounting Bulletin and sister publication The Accountant ahead of the UK Brexit referendum on 23 June.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/iab-and-ta-brexit-poll-profession-wants-to-remain-in-the-eu/</link><pubDate>Mon, 13 Jun 2016 15:56:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/iab-and-ta-brexit-poll-profession-wants-to-remain-in-the-eu/</guid></item><item><title><![CDATA[Irish business owners worried about possible Brexit impact on Ireland’s economy]]></title><description><![CDATA[Irish business owners are overwhelmingly in favor of the UK to remain in the EU as they believe a Brexit would negatively affect Ireland, a survey by HLB Ireland has found.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/irish-business-owners-worried-about-possible-brexit-impact-on-irelands-economy/</link><pubDate>Fri, 10 Jun 2016 15:49:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/irish-business-owners-worried-about-possible-brexit-impact-on-irelands-economy/</guid></item><item><title><![CDATA[News briefs, tax: EU inquiry and ICAS &amp; The Times joint survey]]></title><description><![CDATA[The European Parliament has agreed to create an inquiry committee into the revelation of the Panama Papers, in a vote yesterday (Wednesday 8 June).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-tax-eu-inquiry-and-icas-amp-the-times-joint-survey/</link><pubDate>Thu, 09 Jun 2016 16:52:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-briefs-tax-eu-inquiry-and-icas-amp-the-times-joint-survey/</guid></item><item><title><![CDATA[News brief, MoU: MICPA, JICPA and DMJF cooperation agreement]]></title><description><![CDATA[The Myanmar Institute of CPAS (MICPA), the Japanese Institute of CPAS (JICPA) and Daiwa Myanmar Japan Foundation (DMJF) have signed a Memorandum of Understanding (MoU) on mutual cooperation to strengthen the competences of professional accountants in Myanmar and help MICPA enhance its self-regulatory function.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-mou-micpa-jicpa-and-dmjf-cooperation-agreement/</link><pubDate>Thu, 09 Jun 2016 15:38:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-mou-micpa-jicpa-and-dmjf-cooperation-agreement/</guid></item><item><title><![CDATA[Conference report: Accounting for leases - Radical changes for IFRS reporters]]></title><description><![CDATA[Representatives from the IASB and PwC among others, met at ICAEW's HQ in London to discuss how lease accounting changes will affect lessees, highlighting possible behavioural changes. Brian Cantwell reports]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/conference-report-accounting-for-leases-radical-changes-for-ifrs-reporters/</link><pubDate>Wed, 08 Jun 2016 16:46:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/conference-report-accounting-for-leases-radical-changes-for-ifrs-reporters/</guid></item><item><title><![CDATA[Conference report: Accounting for leases - Radical changes for IFRS reporters]]></title><description><![CDATA[Representatives from the IASB and PwC among others, met at ICAEW's HQ in London to discuss how lease accounting changes will affect lessees, highlighting possible behavioural changes. Brian Cantwell reports]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/conference-report-accounting-for-leases-radical-changes-for-ifrs-reporters/</link><pubDate>Wed, 08 Jun 2016 16:46:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/conference-report-accounting-for-leases-radical-changes-for-ifrs-reporters/</guid></item><item><title><![CDATA[News brief, appointments: AAT president and Financial Accounting Foundation vice-presidents]]></title><description><![CDATA[Mark McBride has become president of the Association of Accounting Technicians (ATT) for a one-year term, effective 20 May 2016. John Auchincloss has been appointed as vice-president, general counsel; and Matthew Broder as vice-president, public affairs of the Financial Accounting Foundation (FAF) in the USA.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointments-aat-president-and-financial-accounting-foundation-vice-presidents/</link><pubDate>Fri, 03 Jun 2016 18:32:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointments-aat-president-and-financial-accounting-foundation-vice-presidents/</guid></item><item><title><![CDATA[News brief: GRI consultation and IFRS and IOSCO cooperation agreement]]></title><description><![CDATA[The Global Reporting Initiative (GRI) has launched a consultation to gather stakeholder views on its second set of draft GRI Sustainability Reporting Standards. The IFRS Foundation and the International Organization of Securities Commissions (IOSCO) announced on 1 June a cooperation agreement to promote transparency in capital markets globally.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-gri-consultation-and-ifrs-and-iosco-cooperation-agreement/</link><pubDate>Fri, 03 Jun 2016 17:19:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-gri-consultation-and-ifrs-and-iosco-cooperation-agreement/</guid></item><item><title><![CDATA[News brief, education: ICAS and CIPFA route accreditation; AAT accreditation in Malaysia]]></title><description><![CDATA[ICAS and CIPFA reached an agreement to offer their members a route to gain a joint accreditation, effective 1 June 2016. The professional qualification of the Association of Accounting Technicians (AAT) has been granted approval by the Malaysian authorities.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-education-icas-and-cipfa-route-accreditation-aat-accreditation-in-malaysia/</link><pubDate>Thu, 02 Jun 2016 17:43:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-education-icas-and-cipfa-route-accreditation-aat-accreditation-in-malaysia/</guid></item><item><title><![CDATA[IAB &amp; TA Awards 2016 nominations open]]></title><description><![CDATA[International Accounting Bulletin &amp; The Accountant are pleased to announced that this year&rsquo;s award nominations are now open.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/iab-amp-ta-awards-2016-nominations-open/</link><pubDate>Thu, 02 Jun 2016 12:49:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/iab-amp-ta-awards-2016-nominations-open/</guid></item><item><title><![CDATA[EFRAG close to appoint new president]]></title><description><![CDATA[The role of president for the European Financial Reporting Advisory Group (EFRAG) could be soon filled by Jean-Paul Gauz&egrave;s as his nomination was confirmed by the European Parliament&rsquo;s Committee of Economic and Monetary Affairs (ECON).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/efrag-close-to-appoint-new-president/</link><pubDate>Wed, 01 Jun 2016 19:52:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/efrag-close-to-appoint-new-president/</guid></item><item><title><![CDATA[CIPFA updates its ‘How to tell the story’ publication]]></title><description><![CDATA[The Chartered Institute of Public Finance &amp; Accountancy (CIPFA) has updated its publication which aims at helping CFOs and other senior staff to present local authority financial statements in a way that provides clear information for members and other key stakeholders.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/cipfa-updates-its-how-to-tell-the-story-publication/</link><pubDate>Fri, 27 May 2016 12:15:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/cipfa-updates-its-how-to-tell-the-story-publication/</guid></item><item><title><![CDATA[News brief, MoU: French and Japanese oversight bodies, CIMA, ACCA]]></title><description><![CDATA[The latest news around MoU and cooperation agreements]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-mou-french-and-japanese-oversight-bodies-cima-acca/</link><pubDate>Thu, 26 May 2016 17:30:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-mou-french-and-japanese-oversight-bodies-cima-acca/</guid></item><item><title><![CDATA[News brief, corporate reporting: Indonesia’s IFRS convergence; Human governance standard launched]]></title><description><![CDATA[The IFRS Foundation and Indonesia's key accountancy stakeholders are determined to achieve full IFRS convergence; A global standard to report on human governance issues called HGR16 was launched on Wednesday 25 May by the Maturity Institute and OMS LLP.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-corporate-reporting-indonesias-ifrs-convergence-human-governance-standard-launched/</link><pubDate>Wed, 25 May 2016 20:58:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-corporate-reporting-indonesias-ifrs-convergence-human-governance-standard-launched/</guid></item><item><title><![CDATA[America's accountancy population counts 664,532 CPAs and over 22,940 CMAs]]></title><description><![CDATA[There are currently 664,532 licensed Certified Public Accountants (CPAs) in the USA, according to the National Association of State Boards of Accountancy (NASBA). In addition, the population of USA qualified management accountants or CMAs grew to 22,940 in 2015, according to the latest USA survey of The Accountant.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/americas-accountancy-population-counts-664532-cpas-and-over-22940-cmas/</link><pubDate>Wed, 25 May 2016 18:47:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/americas-accountancy-population-counts-664532-cpas-and-over-22940-cmas/</guid></item><item><title><![CDATA[Alibaba Faces U.S. Accounting Inquiry]]></title><description><![CDATA[The Securities and Exchange Commission is investigating how the Chinese e-commerce giant accounts for affiliated companies and related-party transactions.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/alibaba-faces-us-accounting-inquiry/</link><pubDate>Wed, 25 May 2016 14:30:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/alibaba-faces-us-accounting-inquiry/</guid></item><item><title><![CDATA[Non-financial reporting: the value of human capital and workforce talent]]></title><description><![CDATA[A research report entitled &ldquo;Reporting Human Capital. Illustrating your company&rsquo;s true value&rdquo; has been launched today in London by an ad hoc partnership which includes the Chartered Institute of Management Accountants (CIMA).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/non-financial-reporting-the-value-of-human-capital-and-workforce-talent/</link><pubDate>Tue, 24 May 2016 17:30:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/non-financial-reporting-the-value-of-human-capital-and-workforce-talent/</guid></item><item><title><![CDATA[News brief, AICPA tax advocacy]]></title><description><![CDATA[The American Institute of Certified Public Accountants (AICPA) has engaged in a number of advocacy activities during May in various areas, notably taxation and labour law regulations.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-aicpa-tax-advocacy/</link><pubDate>Mon, 23 May 2016 17:17:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-aicpa-tax-advocacy/</guid></item><item><title><![CDATA[News brief, people: EY’s Jeff Liu to implement GE alliance; Grant Thornton UK’s Jenny Thomson seconded at CDSB]]></title><description><![CDATA[Jeff Liu, EY technology sector head in the USA, will implement an alliance signed between the firm and General Electric (GE) on the field ofIndustrial Internet of Things; Grant Thornton UK seconded Jenny Thomson to the CDSB secretariat.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-people-eys-jeff-liu-to-implement-ge-alliance-grant-thornton-uks-jenny-thomson-seconded-at-cdsb/</link><pubDate>Fri, 20 May 2016 17:42:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-people-eys-jeff-liu-to-implement-ge-alliance-grant-thornton-uks-jenny-thomson-seconded-at-cdsb/</guid></item><item><title><![CDATA[News brief, appointments: EY’s Andy Baldwin; UHY’s Sharon Witley; Russell Brennan Keane’s Chris Ball and James Fitzmaurice; GASB’s Jeffrey Previdi]]></title><description><![CDATA[Andy Baldwin has been appointed EY managing partner for Europe, Middle East, India and Africa; Sharon Witley has joined UHY Hacker Young Manchester&rsquo;s turnaround and recovery team; LEA Global&rsquo;s firm in Ireland, Russell Brennan Keane Chartered Accountants, has appointed two partners; and Jeffrey Previdi has been appointed member of the GASB]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointments-eys-andy-baldwin-uhys-sharon-witley-russell-brennan-keanes-chris-ball-and-james-fitzmaurice-gasbs-jeffrey-previdi/</link><pubDate>Thu, 19 May 2016 17:53:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointments-eys-andy-baldwin-uhys-sharon-witley-russell-brennan-keanes-chris-ball-and-james-fitzmaurice-gasbs-jeffrey-previdi/</guid></item><item><title><![CDATA[Queen’s Speech mention of tax evasion and money laundering]]></title><description><![CDATA[The Queen has announced the government&rsquo;s intention to follow up on its Anti-Corruption Summit held in London last week and pass legislation to tackle corruption and tax evasion.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/queens-speech-mention-of-tax-evasion-and-money-laundering/</link><pubDate>Wed, 18 May 2016 17:45:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/queens-speech-mention-of-tax-evasion-and-money-laundering/</guid></item><item><title><![CDATA[News brief, qualifications: ACCA/Deloitte’s Arabic IPSAS; CIPFA’s IPSAS qualification; CA Sri Lanka’s forensic accounting]]></title><description><![CDATA[Deloitte and ACCA have launched an IPSAS certificate in Arabic; CIPFA has announced a new qualification in IPSAS; and the Institute of Chartered Accountants of Sri Lanka has launched a certificate course in forensic accounting.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-qualifications-accadeloittes-arabic-ipsas-cipfas-ipsas-qualification-ca-sri-lankas-forensic-accounting/</link><pubDate>Tue, 17 May 2016 17:55:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-qualifications-accadeloittes-arabic-ipsas-cipfas-ipsas-qualification-ca-sri-lankas-forensic-accounting/</guid></item><item><title><![CDATA[News brief: ATT says quarterly digital reporting should be postponed]]></title><description><![CDATA[The Association of Taxation Technicians (ATT) has called on the UK taxman, the HMRC, to delay the move to quarterly digital reporting as five consultations on the subject have been postponed due to June&rsquo;s EU referendum in Britain.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-att-says-quarterly-digital-reporting-should-be-postponed/</link><pubDate>Mon, 16 May 2016 18:12:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-att-says-quarterly-digital-reporting-should-be-postponed/</guid></item><item><title><![CDATA[LuxLeaks trial: timeline]]></title><description><![CDATA[From October 2010 to May 2016]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/luxleaks-trial-timeline/</link><pubDate>Fri, 13 May 2016 18:57:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/luxleaks-trial-timeline/</guid></item><item><title><![CDATA[LuxLeaks trial: timeline]]></title><description><![CDATA[From October 2010 to May 2016]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/luxleaks-trial-timeline/</link><pubDate>Fri, 13 May 2016 18:57:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/luxleaks-trial-timeline/</guid></item><item><title><![CDATA[News brief, appointment: IOSCO chairman]]></title><description><![CDATA[Ashley Alder has been appointed chairman of the board of the International Organization of Securities Commissions.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointment-iosco-chairman/</link><pubDate>Fri, 13 May 2016 18:42:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointment-iosco-chairman/</guid></item><item><title><![CDATA[The SEC approves PCAOB’s audit partner disclosure rules]]></title><description><![CDATA[The USA Securities and Exchange Commission (SEC) has approved the Public Company Accounting Oversight Board&rsquo;s (PCAOB) rules which require the disclosure of certain audit participants.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/the-sec-approves-pcaobs-audit-partner-disclosure-rules/</link><pubDate>Wed, 11 May 2016 17:38:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/the-sec-approves-pcaobs-audit-partner-disclosure-rules/</guid></item><item><title><![CDATA[Prosecutors demand jail for ex-PwC’s whistleblowers Deltour and Halet]]></title><description><![CDATA[During the sixth and final hearing of the LuxLeaks, prosecutors have asked for a 18-month jail sentence for Antoine Deltour and Rapha&euml;l Halet, both ex-PwC accountants who blew the whistle over the accountancy firm&rsquo;s role in brokering sweetheart tax deals between their clients and the then Junker-led Luxembourg government.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/prosecutors-demand-jail-for-ex-pwcs-whistleblowers-deltour-and-halet/</link><pubDate>Tue, 10 May 2016 18:45:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/prosecutors-demand-jail-for-ex-pwcs-whistleblowers-deltour-and-halet/</guid></item><item><title><![CDATA[News brief, capacity building: IFAC, CIPFA and ICAZ (Zimbabwe)]]></title><description><![CDATA[The Chartered Institute of Public Finance and Accountancy (CIPFA), the Institute of Chartered Accountants of Zimbabwe (ICAZ) and Zimbabwe&rsquo;s Public Accountants and Auditors Board (PAAB) will work together to build the capacity of national accountants working in the public sector.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-capacity-building-ifac-cipfa-and-icaz-zimbabwe/</link><pubDate>Tue, 10 May 2016 17:04:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-capacity-building-ifac-cipfa-and-icaz-zimbabwe/</guid></item><item><title><![CDATA[News brief, capacity building: IFAC, ACCA and ICPAR (Rwanda)]]></title><description><![CDATA[The Institute of Certified Public Accountants of Rwanda (ICPAR) launched a strategy to build capacity and strengthen the profession in the country. In addition, ICPAR and ACCA signed a separate bilateral partnership agreement.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-capacity-building-ifac-acca-and-icpar-rwanda/</link><pubDate>Tue, 10 May 2016 16:32:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-capacity-building-ifac-acca-and-icpar-rwanda/</guid></item><item><title><![CDATA["Tax havens serve no economic purpose": leading economists tell world leaders]]></title><description><![CDATA[Ahead of the UK government's anti-corruption summit later this week, 300 economists have signed a letter calling for new global rules forcing companies to report taxable activities country-by-country publicly.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tax-havens-serve-no-economic-purpose-leading-economists-tell-world-leaders/</link><pubDate>Mon, 09 May 2016 15:46:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tax-havens-serve-no-economic-purpose-leading-economists-tell-world-leaders/</guid></item><item><title><![CDATA["Tax havens serve no economic purpose": leading economists tell world leaders]]></title><description><![CDATA[Ahead of the UK government's anti-corruption summit later this week, 300 economists have signed a letter calling for new global rules forcing companies to report taxable activities country-by-country publicly.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tax-havens-serve-no-economic-purpose-leading-economists-tell-world-leaders/</link><pubDate>Mon, 09 May 2016 15:46:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tax-havens-serve-no-economic-purpose-leading-economists-tell-world-leaders/</guid></item><item><title><![CDATA[Brexit’s balance sheet]]></title><description><![CDATA[The Institute of Chartered Accountants of Scotland (ICAS) has published a report on the economic and fiscal status of UK/EU relationship in order to inform the debate ahead of 23 June Brexit referendum.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/brexits-balance-sheet/</link><pubDate>Thu, 05 May 2016 17:07:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/brexits-balance-sheet/</guid></item><item><title><![CDATA[USA primaries are missing the big IPSAS and accrual accounting picture, says Joe DioGuardi]]></title><description><![CDATA[A serious debate about public sector accounting issues is absent from the USA primary&rsquo;s candidates for the American presidential race, according to Joe DioGuardi, an American CPA and former Congressman.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/usa-primaries-are-missing-the-big-ipsas-and-accrual-accounting-picture-says-joe-dioguardi/</link><pubDate>Wed, 04 May 2016 18:08:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/usa-primaries-are-missing-the-big-ipsas-and-accrual-accounting-picture-says-joe-dioguardi/</guid></item><item><title><![CDATA[News brief: ZICA president asks if accountants are guns for hire on the back of the Panama Papers]]></title><description><![CDATA[On the back of the Panama Papers leaks, the president of the Zambia Institute of Chartered Accountants (ZICA) Wesley Beene said the accountancy profession is being branded as &ldquo;guns for hire&rdquo;, according to national newspaper The Post.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-zica-president-asks-if-accountants-are-guns-for-hire-on-the-back-of-the-panama-papers/</link><pubDate>Tue, 03 May 2016 15:03:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-zica-president-asks-if-accountants-are-guns-for-hire-on-the-back-of-the-panama-papers/</guid></item><item><title><![CDATA[News brief, appointments: IFRS Foundation director of education and ICAEW’s Practice Committee member]]></title><description><![CDATA[Matt Tilling has been appointed director of education of the IFRS Foundation, effective in May. Caroline Smale, partner at Bishop Fleming (a UK accountancy firm and member of Kreston International), has been re-elected to the Practice Committee of ICAEW.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointments-ifrs-foundation-director-of-education-and-icaews-practice-committee-member/</link><pubDate>Tue, 03 May 2016 14:52:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointments-ifrs-foundation-director-of-education-and-icaews-practice-committee-member/</guid></item><item><title><![CDATA[European Parliament report reveals shortcomings on governance of EU accounting standard-setting]]></title><description><![CDATA[A draft document, seen by The Accountant, reflects the compromises agreed yesterday between the MEPs who are part of ECON, which shows considerable shortcomings -- particularly in the way the EP is involved in the accounting standard-setting process.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/european-parliament-report-reveals-shortcomings-on-governance-of-eu-accounting-standard-setting/</link><pubDate>Wed, 27 Apr 2016 17:47:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/european-parliament-report-reveals-shortcomings-on-governance-of-eu-accounting-standard-setting/</guid></item><item><title><![CDATA[AICPA letter to US Senators -- RE: Importance of Maintaining Cash Method of Accounting]]></title><description><![CDATA[Letter by AICPA president and CEO Barry Melancon submitted to the Senate Finance Committee on its 'Navigating Business Tax Reform']]></description><link>https://www.newslocker.com/en-us/profession/accountancy/aicpa-letter-to-us-senators-re-importance-of-maintaining-cash-method-of-accounting/</link><pubDate>Wed, 27 Apr 2016 13:25:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/aicpa-letter-to-us-senators-re-importance-of-maintaining-cash-method-of-accounting/</guid></item><item><title><![CDATA[Regulatory harmonisation key to labour market efficiency, research shows]]></title><description><![CDATA[A study has used the accountancy profession as a test bed to demonstrate that harmonisation of standards and rules could be used as a tool to improve the efficiency of the labour market.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/regulatory-harmonisation-key-to-labour-market-efficiency-research-shows/</link><pubDate>Tue, 26 Apr 2016 15:35:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/regulatory-harmonisation-key-to-labour-market-efficiency-research-shows/</guid></item><item><title><![CDATA[Second African professional body joins Chartered Accountants Worldwide]]></title><description><![CDATA[The Zambia Institute of Chartered Accountants (ZICA) has joined Chartered Accountants Worldwide (CAW) as an associate member, becoming the second representative from an African country.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/second-african-professional-body-joins-chartered-accountants-worldwide/</link><pubDate>Tue, 26 Apr 2016 13:59:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/second-african-professional-body-joins-chartered-accountants-worldwide/</guid></item><item><title><![CDATA[The Quiet War on Corporate Accountability]]></title><description><![CDATA[A proposed revision to financial disclosure rules will actually make things worse.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/the-quiet-war-on-corporate-accountability/</link><pubDate>Tue, 26 Apr 2016 06:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/the-quiet-war-on-corporate-accountability/</guid></item><item><title><![CDATA[LuxLeaks whistle-blower Antoine Deltour deserves protection, lawyer Philippe Penning says]]></title><description><![CDATA[Antoine Deltour&rsquo;s trial will start tomorrow with the Panama Papers revelation still fresh in everyone&rsquo;s mind. Philippe Penning, one of Deltour&rsquo;s lawyers in Luxembourg, speaks to Carlos Martin Tornero.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/luxleaks-whistle-blower-antoine-deltour-deserves-protection-lawyer-philippe-penning-says/</link><pubDate>Mon, 25 Apr 2016 18:21:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/luxleaks-whistle-blower-antoine-deltour-deserves-protection-lawyer-philippe-penning-says/</guid></item><item><title><![CDATA[Singapore: ISCA president and council members re-elected]]></title><description><![CDATA[Gerard Ee, president of the Institute of Singapore Chartered Accountants (ISCA), has been re-elected for another term at the professional body&rsquo;s AGM held on 23 April.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/singapore-isca-president-and-council-members-re-elected/</link><pubDate>Mon, 25 Apr 2016 17:47:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/singapore-isca-president-and-council-members-re-elected/</guid></item><item><title><![CDATA[Fantasy Math Is Helping Companies Spin Losses Into Profits]]></title><description><![CDATA[Numbers in financial reports differ from reality more often, raising the question of whether investors truly understand the businesses they own.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/fantasy-math-is-helping-companies-spin-losses-into-profits/</link><pubDate>Sun, 24 Apr 2016 06:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/fantasy-math-is-helping-companies-spin-losses-into-profits/</guid></item><item><title><![CDATA[Council of Belgian audit profession and Scotland’s ICAS president elected]]></title><description><![CDATA[As reported by The Accountant yesterday, the Belgian Institute of Registered Auditors (Institut des R&eacute;viseurs d'Entreprises, IRE) has appointed Thierry Dupont president; and Ken McHattie has been appointed president of the Institute of Chartered Accountants of Scotland (ICAS).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/council-of-belgian-audit-profession-and-scotlands-icas-president-elected/</link><pubDate>Fri, 22 Apr 2016 18:08:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/council-of-belgian-audit-profession-and-scotlands-icas-president-elected/</guid></item><item><title><![CDATA[IFIAR to establish permanent secretariat in Tokyo]]></title><description><![CDATA[London/UK. The members of the International Forum of Independent Audit Regulators (IFIAR)have approved establishing a permanent secretariat in Tokyo (Japan), at their annual meeting held this week in London.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifiar-to-establish-permanent-secretariat-in-tokyo/</link><pubDate>Fri, 22 Apr 2016 14:41:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifiar-to-establish-permanent-secretariat-in-tokyo/</guid></item><item><title><![CDATA[Belgium audit profession to elect RSM’s Thierry Dupont as president]]></title><description><![CDATA[Thierry Dupont, a partner at RSM Belgium and currently vice-president of the Belgian Institute of Registered Auditors (Institut des R&eacute;viseurs d'Entreprises, IRE) is expected to become president tomorrow at the professional body&rsquo;s AGM, The Accountant has learnt.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/belgium-audit-profession-to-elect-rsms-thierry-dupont-as-president/</link><pubDate>Thu, 21 Apr 2016 16:06:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/belgium-audit-profession-to-elect-rsms-thierry-dupont-as-president/</guid></item><item><title><![CDATA[Belgium audit profession to elect RSM’s Thierry Dupont as president]]></title><description><![CDATA[Thierry Dupont, a partner at RSM Belgium and currently vice-president of the Belgian Institute of Registered Auditors (Institut des R&eacute;viseurs d'Entreprises, IRE) is expected to become president tomorrow at the professional body&rsquo;s AGM, The Accountant has learnt.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/belgium-audit-profession-to-elect-rsms-thierry-dupont-as-president/</link><pubDate>Thu, 21 Apr 2016 16:06:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/belgium-audit-profession-to-elect-rsms-thierry-dupont-as-president/</guid></item><item><title><![CDATA[Analysis: what does IFRS 16 mean for leasing?]]></title><description><![CDATA[Brian Cantwell, editor of leading industry title Leasing Life, surveyed some of the responses to the IASB's lease accounting standard]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/analysis-what-does-ifrs-16-mean-for-leasing/</link><pubDate>Wed, 20 Apr 2016 16:31:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/analysis-what-does-ifrs-16-mean-for-leasing/</guid></item><item><title><![CDATA[Brexit economic cost is “gobbledygook” says an ICAEW member and Tory MP]]></title><description><![CDATA[Peter Bone, a member of the Institute of Chartered Accountants in England and Wales (ICAEW) an a Tory MP told the MailOnline that the UK Treasury&rsquo;s economic analysis addressing a potential Brexit can be called &ldquo;gobbledygook&rdquo;]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/brexit-economic-cost-is-gobbledygook-says-an-icaew-member-and-tory-mp/</link><pubDate>Tue, 19 Apr 2016 19:13:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/brexit-economic-cost-is-gobbledygook-says-an-icaew-member-and-tory-mp/</guid></item><item><title><![CDATA[CIPFA council member appointed Auditor General of the Cayman Islands]]></title><description><![CDATA[Sue Winspear has been appointed Auditor General of the Cayman Islands, effective July 2016. Winspear is a council member of the Chartered Institute of Public Finance and Accountancy (CIPFA). She is also a member of CIPFA&rsquo;s policy and standards board.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/cipfa-council-member-appointed-auditor-general-of-the-cayman-islands/</link><pubDate>Tue, 19 Apr 2016 17:20:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/cipfa-council-member-appointed-auditor-general-of-the-cayman-islands/</guid></item><item><title><![CDATA[IFRS picks up in Japan]]></title><description><![CDATA[Recently released data by the Tokyo Stock Exchange (TSE) has revealed that 128 companies listed on TSE accounting for more than a quarter of the market capitalisation, have adopted or plan to adopt IFRS, according to TSE&rsquo;s data. Furthermore, 213 companies are actively considering adoption.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ifrs-picks-up-in-japan/</link><pubDate>Tue, 19 Apr 2016 15:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ifrs-picks-up-in-japan/</guid></item><item><title><![CDATA[News brief: GRI/IOE partnership; Singapore’s Chartered Valuer and Appraiser Programme]]></title><description><![CDATA[The Global Reporting Initiative (GRI) and the International Organisation of Employers (IOE) will sign a Memorandum of Understanding (MoU); And it is expected that the Chartered Valuer and Appraiser Programme will be launched in Singapore soon.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-griioe-partnership-singapores-chartered-valuer-and-appraiser-programme/</link><pubDate>Mon, 18 Apr 2016 17:20:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-griioe-partnership-singapores-chartered-valuer-and-appraiser-programme/</guid></item><item><title><![CDATA[Dutch regulator fines Big Four firms for breaching the law]]></title><description><![CDATA[The Dutch financial sector regulator, The Netherlands Authority for the Financial Markets (AFM), has imposed fines on the Big Four audit firms for failure to comply with their duty of care, only five months after praising them for progress made in changing their culture, organisation and processes to enhance the quality of statutory audits.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/dutch-regulator-fines-big-four-firms-for-breaching-the-law/</link><pubDate>Fri, 15 Apr 2016 12:12:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/dutch-regulator-fines-big-four-firms-for-breaching-the-law/</guid></item><item><title><![CDATA[PwC partner to be first female at the helm of Japanese institute]]></title><description><![CDATA[Aiko Sekine, a partner at PricewaterhouseCoopers Aarata in Japan, was appointed chairman and president of the Japanese Institute of Certified Public Accountants, effective 25 July 2016.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pwc-partner-to-be-first-female-at-the-helm-of-japanese-institute/</link><pubDate>Fri, 15 Apr 2016 11:54:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pwc-partner-to-be-first-female-at-the-helm-of-japanese-institute/</guid></item><item><title><![CDATA[Professor Gillis: PCAOB’s lead auditor supervision standard tipped to improve China’s practices]]></title><description><![CDATA[A new standard proposed by the USA audit regulator, the Public Company Accounting Oversight Board (PCAOB), could improve the audit market and investor protection in China, according to Paul Gillis, professor of practice at Peking University's Guanghua School of Management.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/professor-gillis-pcaobs-lead-auditor-supervision-standard-tipped-to-improve-chinas-practices/</link><pubDate>Thu, 14 Apr 2016 15:17:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/professor-gillis-pcaobs-lead-auditor-supervision-standard-tipped-to-improve-chinas-practices/</guid></item><item><title><![CDATA[EU Commission tax proposal highly criticised by tax experts and civil society groups]]></title><description><![CDATA[The European Commission (EC) has published a proposal to amend the EU Accounting Directive to introduce public country-by-country reporting (CBCR) obligations by multinationals, but civil society groups and tax experts doubted it would have any significant outcome.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eu-commission-tax-proposal-highly-criticised-by-tax-experts-and-civil-society-groups/</link><pubDate>Thu, 14 Apr 2016 13:12:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eu-commission-tax-proposal-highly-criticised-by-tax-experts-and-civil-society-groups/</guid></item><item><title><![CDATA[Tax avoidance disqualifies Big Four firms from bidding for international development contracts: Diane Abbott]]></title><description><![CDATA[The UK Shadow Secretary of State for International Development, Diane Abbott, told today the BBC Radio 4&rsquo;s Today programme that a Department for International Development (DfID) under her leadership would not grant the Big Four firms consultancy contracts due to their involvement &ldquo;in facilitating tax avoidance on an industrial scale&rdquo;.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tax-avoidance-disqualifies-big-four-firms-from-bidding-for-international-development-contracts-diane-abbott/</link><pubDate>Wed, 13 Apr 2016 15:54:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tax-avoidance-disqualifies-big-four-firms-from-bidding-for-international-development-contracts-diane-abbott/</guid></item><item><title><![CDATA[Tax avoidance disqualifies Big Four firms from bidding for international development contracts: Diane Abbot]]></title><description><![CDATA[The UK Shadow Secretary of State for International Development, Diane Abbot, told today the BBC Radio 4&rsquo;s Today programme that a Department for International Development (DfID) under her leadership would not grant the Big Four firms consultancy contracts due to their involvement &ldquo;in facilitating tax avoidance on an industrial scale&rdquo;.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tax-avoidance-disqualifies-big-four-firms-from-bidding-for-international-development-contracts-diane-abbot/</link><pubDate>Wed, 13 Apr 2016 15:54:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tax-avoidance-disqualifies-big-four-firms-from-bidding-for-international-development-contracts-diane-abbot/</guid></item><item><title><![CDATA[Mediterranean and Latin American professions forged closer ties at FCM and CILEA meetings in Porto]]></title><description><![CDATA[Porto/London. Members of the F&eacute;d&eacute;ration des Experts Comptables M&eacute;diterran&eacute;ens (FCM) and the Comit&eacute; de Integraci&oacute;n Latino Europa-Am&eacute;rica (CILEA) held a conference in Porto last week hosted by the Ordem dos Contabilistas Certificados (OCC), Portugal&rsquo;s professional accountancy body, which saw representatives of both regions signed cooperation agreements and set a common strategic agenda.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/mediterranean-and-latin-american-professions-forged-closer-ties-at-fcm-and-cilea-meetings-in-porto/</link><pubDate>Tue, 12 Apr 2016 17:56:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/mediterranean-and-latin-american-professions-forged-closer-ties-at-fcm-and-cilea-meetings-in-porto/</guid></item><item><title><![CDATA[Intuit Sheds Its PC Roots and Rises as a Cloud Software Company]]></title><description><![CDATA[Intuit&rsquo;s willingness to change course was an asset when Xero established itself as a clear alternative to QuickBooks, especially in foreign markets.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/intuit-sheds-its-pc-roots-and-rises-as-a-cloud-software-company/</link><pubDate>Mon, 11 Apr 2016 02:48:12 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/intuit-sheds-its-pc-roots-and-rises-as-a-cloud-software-company/</guid></item><item><title><![CDATA[“Panama papers come at unfortunate moment for EU Commission”:  EC head of unit accounting and financial reporting]]></title><description><![CDATA[Brussels/London. The revelations of the &lsquo;Panama papers&rsquo; came at an unfortunate moment for the European Commission (EC) who is on the verge of pitching a corporate tax transparency proposal to the European Parliament (EP), according to Erik Nooteboom, head of unit accounting and financial reporting at the EC.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/panama-papers-come-at-unfortunate-moment-for-eu-commission-ec-head-of-unit-accounting-and-financial-reporting/</link><pubDate>Fri, 08 Apr 2016 14:15:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/panama-papers-come-at-unfortunate-moment-for-eu-commission-ec-head-of-unit-accounting-and-financial-reporting/</guid></item><item><title><![CDATA[A Valeant Boo-Boo May Portend Bigger Errors]]></title><description><![CDATA[As investors look for the release of the drug maker&rsquo;s annual report, it has already found one error and warned of &ldquo;additional accounting adjustments.&rdquo;]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/a-valeant-boo-boo-may-portend-bigger-errors/</link><pubDate>Fri, 01 Apr 2016 17:04:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/a-valeant-boo-boo-may-portend-bigger-errors/</guid></item><item><title><![CDATA[Obama administration to close tax loopholes in Delaware, Nevada and Wyoming]]></title><description><![CDATA[Robert Stack, Deputy Assistant Secretary (International Tax Affairs) at USA Department of the Treasury, announced in a recent interview that the Obama administration was working on a law to end tax secrecy in the considered tax heavens of Delaware, Wyoming and Nevada.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/obama-administration-to-close-tax-loopholes-in-delaware-nevada-and-wyoming/</link><pubDate>Fri, 01 Apr 2016 15:03:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/obama-administration-to-close-tax-loopholes-in-delaware-nevada-and-wyoming/</guid></item><item><title><![CDATA[Accounting experts: FRC’s reply to Treasury Committee on KPMG’s HBOS audit enquiries shows “shocking inertia”]]></title><description><![CDATA[The FRC&rsquo;s responses have been criticised by Dr Atul Shah, who suggested the regulator doesn&rsquo;t seem to be tough enough with Big Four firms. And professor Prem Sikka said the correspondence &ldquo;shows shocking inertia by the FRC&rdquo; describing the regulator as unfit for purpose and in need to be replaced.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accounting-experts-frcs-reply-to-treasury-committee-on-kpmgs-hbos-audit-enquiries-shows-shocking-inertia/</link><pubDate>Wed, 30 Mar 2016 16:57:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accounting-experts-frcs-reply-to-treasury-committee-on-kpmgs-hbos-audit-enquiries-shows-shocking-inertia/</guid></item><item><title><![CDATA[ESMA publishes report on the activities of EU accounting enforcers]]></title><description><![CDATA[The European Securities and Markets Authority (ESMA) has published an overview of its activities as well as the activities of accounting enforcers in the European Economic Area when examining compliance of financial information provided by issuers listed on regulated markets in FY15.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/esma-publishes-report-on-the-activities-of-eu-accounting-enforcers/</link><pubDate>Wed, 30 Mar 2016 16:24:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/esma-publishes-report-on-the-activities-of-eu-accounting-enforcers/</guid></item><item><title><![CDATA[News brief: UK FRC launch consultation on audit enforcement procedure]]></title><description><![CDATA[Ahead of the EU audit regulation and directive coming into effect in June of this year, the UK Financial reporting Council (UK FRC), has launched a consultation on proposals for the audit enforcement procedure.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-uk-frc-launch-consultation-on-audit-enforcement-procedure/</link><pubDate>Wed, 30 Mar 2016 16:05:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-uk-frc-launch-consultation-on-audit-enforcement-procedure/</guid></item><item><title><![CDATA[Angola’s accountancy profession heralds expected tough emergence]]></title><description><![CDATA[Angola's profession has kick-started an official regulatory system and created a defined framework of accounting standards.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/angolas-accountancy-profession-heralds-expected-tough-emergence/</link><pubDate>Tue, 29 Mar 2016 17:31:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/angolas-accountancy-profession-heralds-expected-tough-emergence/</guid></item><item><title><![CDATA[Angola’s accountancy profession heralds expected tough emergence]]></title><description><![CDATA[Angola's profession has kick-started an official regulatory system and created a defined framework of accounting standards.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/angolas-accountancy-profession-heralds-expected-tough-emergence/</link><pubDate>Tue, 29 Mar 2016 17:31:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/angolas-accountancy-profession-heralds-expected-tough-emergence/</guid></item><item><title><![CDATA[ValueAct Pays a Price for Its Supporting Role at Valeant]]></title><description><![CDATA[ValueAct deserves credit &mdash; or blame &mdash; for virtually everything that happened to Valeant Pharmaceuticals over nearly the last decade.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/valueact-pays-a-price-for-its-supporting-role-at-valeant/</link><pubDate>Tue, 29 Mar 2016 03:57:00 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/valueact-pays-a-price-for-its-supporting-role-at-valeant/</guid></item><item><title><![CDATA[Valeant’s Accounting Error a Warning Sign of Bigger Problems]]></title><description><![CDATA[Investors have other reasons to remain concerned about the accuracy of the company&rsquo;s financial statements.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/valeants-accounting-error-a-warning-sign-of-bigger-problems/</link><pubDate>Tue, 29 Mar 2016 01:33:20 +0200</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/valeants-accounting-error-a-warning-sign-of-bigger-problems/</guid></item><item><title><![CDATA[Scottish profession heats up May’s parliamentary election with wake-up call on tax policy and productivity of Scottish economy]]></title><description><![CDATA[Ahead of May&rsquo;s Scottish parliamentary elections, the Institute of Chartered Accountants of Scotland (ICAS) is expected to publish on Thursday an election document stating a number of policy suggestions and calling on all political parties to put the economy first in their manifestos.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/scottish-profession-heats-up-mays-parliamentary-election-with-wake-up-call-on-tax-policy-and-productivity-of-scottish-economy/</link><pubDate>Wed, 23 Mar 2016 20:42:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/scottish-profession-heats-up-mays-parliamentary-election-with-wake-up-call-on-tax-policy-and-productivity-of-scottish-economy/</guid></item><item><title><![CDATA[Brief: The Investment Association’s long-termism plan; Sri Lankan professional body sets up Integrated Reporting committee]]></title><description><![CDATA[The Investment Association in the UK has launched a so-called Productivity Action Plan, aimed at promoting long-term investment as a tool with which reinvigorate the UK economy.The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has set up an Integrated Reporting Council within its structure, formed by different accountancy stakeholders.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/brief-the-investment-associations-long-termism-plan-sri-lankan-professional-body-sets-up-integrated-reporting-committee/</link><pubDate>Tue, 22 Mar 2016 18:01:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/brief-the-investment-associations-long-termism-plan-sri-lankan-professional-body-sets-up-integrated-reporting-committee/</guid></item><item><title><![CDATA[Brief: The Investment Association’s long-termism plan; Sri Lankan professional body sets up Integrated Reporting committee]]></title><description><![CDATA[The Investment Association in the UK has launched a so-called Productivity Action Plan, aimed at promoting long-term investment as a tool with which reinvigorate the UK economy.The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has set up an Integrated Reporting Council within its structure, formed by different accountancy stakeholders.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/brief-the-investment-associations-long-termism-plan-sri-lankan-professional-body-sets-up-integrated-reporting-committee/</link><pubDate>Tue, 22 Mar 2016 18:01:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/brief-the-investment-associations-long-termism-plan-sri-lankan-professional-body-sets-up-integrated-reporting-committee/</guid></item><item><title><![CDATA[Belgian audit profession and DRC’s new professional body forge closer ties]]></title><description><![CDATA[Brussels/London. The Belgian Institute of Registered Auditors (Institut des R&eacute;viseurs d'Entreprises, IRE) has signed a cooperation agreement with the newly-created professional accountancy body of the Democratic Republic of Congo (DRC)]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/belgian-audit-profession-and-drcs-new-professional-body-forge-closer-ties/</link><pubDate>Tue, 22 Mar 2016 14:13:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/belgian-audit-profession-and-drcs-new-professional-body-forge-closer-ties/</guid></item><item><title><![CDATA[Payroll crook told to pay back taxman]]></title><description><![CDATA[Fraser Simpson accountancy_age A TAX CHEAT who stole over &pound;1m from his employees' wages has been instructed to repay criminal profits back or face a further six years in prison. Kenneth Crookes, owner of Reading Office Furniture, was arrested for the fraudulent evasion of income tax in February 2014. He deducted income tax and NICs from his employees, but failed to hand over the cash to HMRC and ignored all contact from them, later...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/payroll-crook-told-to-pay-back-taxman/</link><pubDate>Tue, 22 Mar 2016 13:10:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/payroll-crook-told-to-pay-back-taxman/</guid></item><item><title><![CDATA[Valeant’s Struggles Could Lead It to Crumble]]></title><description><![CDATA[The drug maker revealed accounting issues, a search for a new chief executive and new board seats as it struggles with debt and a falling stock price.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/valeants-struggles-could-lead-it-to-crumble/</link><pubDate>Mon, 21 Mar 2016 21:35:28 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/valeants-struggles-could-lead-it-to-crumble/</guid></item><item><title><![CDATA[Jail for takeaway owner who cooked his books]]></title><description><![CDATA[Fraser Simpson accountancy_age A LEICESTERSHIRE restaurant owner has been handed a 28-month jail sentence after failing to declare &pound;165,000 in tax. A HMRC investigation found that Ozcan Donmez of Braunstone, Leicestershire, hid his wages from working at his Superfry takeaway shop and failed to declare income on two rental properties to his accountant between 2007 and 2014, evading &pound;137,322.50 in income tax. Donmez also suppressed weekly takings at the takeaway from &pound;100 to &po]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/jail-for-takeaway-owner-who-cooked-his-books/</link><pubDate>Mon, 21 Mar 2016 11:51:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/jail-for-takeaway-owner-who-cooked-his-books/</guid></item><item><title><![CDATA[HMRC rakes in £1.6bn from sin taxes]]></title><description><![CDATA[Fraser Simpson accountancy_age HM REVENUE &amp; CUSTOMS&nbsp;has strengthened its crackdown on illicit cigarette and alcohol trading, with its investigations generating &pound;1.63bn in extra tax this year, an accountancy group has found. Figures given by HMRC to UHY Hacker Young show that the taxman's investigations into sin taxes are up 6% on the year ending March 2015. The cigarette and alcohol black market has seen an uptake in trade following the increase in investigations and...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-rakes-in-16bn-from-sin-taxes/</link><pubDate>Mon, 21 Mar 2016 11:51:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-rakes-in-16bn-from-sin-taxes/</guid></item><item><title><![CDATA[Friday Afternoon Live: Budget 2016 reaction and analysis]]></title><description><![CDATA[Accountancy Age Staff accountancy_age &nbsp; For more on the Budget 2016, see our live blog complete with analysis and statistics&nbsp;here.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-budget-2016-reaction-and-analysis/</link><pubDate>Fri, 18 Mar 2016 16:10:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-budget-2016-reaction-and-analysis/</guid></item><item><title><![CDATA[Accountancy body and Big Four launch tax apprenticeship programme]]></title><description><![CDATA[Fraser Simpson accountancy_age ACCOUNTANCY BODY ACCA has joined forces with KPMG, PwC, EY, Deloitte and a range of large and small employers to develop a new apprenticeship standard for the audit, accountancy and tax professions. The professional Accountancy/Tax Technician Standard allows school leavers to qualify with a higher apprenticeship under the government's &lsquo;Trailblazer' initiative. The employers involved in developing the standard involve KPMG, PwC, EY and Deloitte. Together, the]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accountancy-body-and-big-four-launch-tax-apprenticeship-programme/</link><pubDate>Fri, 18 Mar 2016 13:21:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accountancy-body-and-big-four-launch-tax-apprenticeship-programme/</guid></item><item><title><![CDATA[SFP sells restructured recruitment outfit with no job losses]]></title><description><![CDATA[Chris Warmoll accountancy_age THE SUCCESFUL sale of a distressed recruitment firm following the restructuring, marketing and advertising of the business led to a deal that saved all 25 jobs. Insolvency practitioners SFP sold the business and assets of recruitment consultancy Keene and Lord Limited, after it got into difficulties over a number of bad debts and cash flow issues that led to the appointment of the IP. Established in 2011, Keene and Lord grew quickly and...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sfp-sells-restructured-recruitment-outfit-with-no-job-losses/</link><pubDate>Fri, 18 Mar 2016 12:16:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sfp-sells-restructured-recruitment-outfit-with-no-job-losses/</guid></item><item><title><![CDATA[Bolton settle unpaid tax bill with HMRC]]></title><description><![CDATA[Calum Fuller accountancy_age BOLTON WANDERERS FC has confirmed it has settled and unpaid &pound;2.2m tax bill with HM Revenue &amp; Customs. The Sky Bet Championship's bottom club released a statement confirming it expects the winding-up petition against it to be lifted in the High Court on Monday after finally completing the payment. The Trotters, who recently announced it had sold its training ground to Wigan Athletic in a bid to service its debts, announced...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/bolton-settle-unpaid-tax-bill-with-hmrc/</link><pubDate>Fri, 18 Mar 2016 11:58:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/bolton-settle-unpaid-tax-bill-with-hmrc/</guid></item><item><title><![CDATA[Accountants worry that advice they give goes beyond skillset]]></title><description><![CDATA[Fraser Simpson accountancy_age ACCOUNTANTS are becoming increasingly worried about exceeding their professional expertise due to the growing demand for personal financial advice, new research has found. Just over a third (36%) of practitioners have experienced a spike in demand for personal finance advice in the past 12 months, with inheritance planning one of the most requested topics from clients, lending adviser Bower Private Clients has discovered. The firm conducted a survey with 105 accou]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accountants-worry-that-advice-they-give-goes-beyond-skillset/</link><pubDate>Thu, 17 Mar 2016 12:10:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accountants-worry-that-advice-they-give-goes-beyond-skillset/</guid></item><item><title><![CDATA[MEPs quiz execs from Google, Apple, McDonalds and Ikea over taxes]]></title><description><![CDATA[Fraser Simpson accountancy_age EXECUTIVES representing some of the world's largest companies defended their firm's tax positions in Brussels as tax authorities continue their pursuit against corporation tax avoiders. At a European Parliament hearing on Tuesday, executives from Google, Apple, McDonalds and Ikea discussed their tax practices with MEPs. Cathy Kearney, Apple vice president for operations, who is based in Cork, vehemently defended the Silicon Valley firm's tax practices. "We've paid]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/meps-quiz-execs-from-google-apple-mcdonalds-and-ikea-over-taxes/</link><pubDate>Thu, 17 Mar 2016 11:29:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/meps-quiz-execs-from-google-apple-mcdonalds-and-ikea-over-taxes/</guid></item><item><title><![CDATA[Budget 2016: Bittersweet budget paves the way for sugar tax]]></title><description><![CDATA[Chris Warmoll accountancy_age GEORGE OSBORNE has bowed to pressure from the World Health Organisation by introducing a levy on sugary drinks from 2018. The chancellor used the budget to tackle the UK's growing childhood obesity crisis by declaring that from April 2018, soft drinks companies will pay a levy on drinks with added sugar. Osborne failed to specify how much the levy would be. "The levy will be designed to encourage companies to reformulate by...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/budget-2016-bittersweet-budget-paves-the-way-for-sugar-tax/</link><pubDate>Wed, 16 Mar 2016 17:38:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/budget-2016-bittersweet-budget-paves-the-way-for-sugar-tax/</guid></item><item><title><![CDATA[Budget 2016: More HMRC staff and £71m promised to boost digital tax roll-out]]></title><description><![CDATA[Chris Warmoll accountancy_age THE GOVERNMENT'S much vaunted plans to transform the tax system through digital technology - first mooted in last year's Budget - now looks to have received a definitive fillip in the guise of a wave of new initiatives announced by the chancellor today. Key among them is news that &pound;71m in extra funding is being made available to improve the service HMRC provides to tax payers. This tranche of cash will help fund...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/budget-2016-more-hmrc-staff-and-71m-promised-to-boost-digital-tax-roll-out/</link><pubDate>Wed, 16 Mar 2016 17:30:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/budget-2016-more-hmrc-staff-and-71m-promised-to-boost-digital-tax-roll-out/</guid></item><item><title><![CDATA[Budget 2016: Chancellor announces reform for SDLT on commercial property]]></title><description><![CDATA[Fraser Simpson accountancy_age GEORGE OSBORNE has announced a reform of Stamp Duty Land Tax (SDLT) for non-residential property in today's budget. As part of his revenue raising budget, Osborne declared a 1% increase in the highest rate of SDLT on commercial property. This combined with an increase in duty on certain leases, is expected to raise approximately &pound;2.5bn over the next five years. Charles Beer, managing director of Alvarez &amp; Marsal Taxand UK, said...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/budget-2016-chancellor-announces-reform-for-sdlt-on-commercial-property/</link><pubDate>Wed, 16 Mar 2016 16:55:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/budget-2016-chancellor-announces-reform-for-sdlt-on-commercial-property/</guid></item><item><title><![CDATA[Budget 2016: Personal tax roundup]]></title><description><![CDATA[Calum Fuller accountancy_age GEORGE OSBORNE used his eight Budget speech to deliver a slew of changes to elements of the personal taxation regime. An extension of entrepreneurs' relief is hoped to encourage investment in unlisted trading companies. Newly-issued shares worth up to &pound;10m purchased on or after 17 March will be eligible for relief provided they are held for at least three years from the 6 April 2016. CGT cuts That move is...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/budget-2016-personal-tax-roundup/</link><pubDate>Wed, 16 Mar 2016 16:51:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/budget-2016-personal-tax-roundup/</guid></item><item><title><![CDATA[Budget 2016: Businesses gain extra time in accelerated CT payments]]></title><description><![CDATA[Fraser Simpson accountancy_age THE GOVERNMENT has deferred the point at which corporate tax payments will be accelerated in today's Budget. It had previously been announced that the government was accelerating payments of corporation tax from businesses than generate more than &pound;20m in profits per year. This measure was expected to be introduced in 2017. However in the latest budget Osborne announced a deferral on implementation to accounting periods starting on or after 1 April...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/budget-2016-businesses-gain-extra-time-in-accelerated-ct-payments/</link><pubDate>Wed, 16 Mar 2016 16:49:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/budget-2016-businesses-gain-extra-time-in-accelerated-ct-payments/</guid></item><item><title><![CDATA[Budget 2016: Corbyn slams Budget as failure with "unfairness at its core"]]></title><description><![CDATA[Chris Warmoll accountancy_age LABOUR leader Jeremy Corbyn delivered a scathing, old-fashioned political attack on the chancellor's Budget speech, decrying it as "a recovery built on sand on a Budget of failure". In a far more effective despatch box delivery than his deputy John McDonnell in last Autumn's Budget, he shrewdly forwent any visual props - aka Mao's Little Red Book - and instead relied on the quality of his oratory. The Islington North MP said the...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/budget-2016-corbyn-slams-budget-as-failure-with-unfairness-at-its-core/</link><pubDate>Wed, 16 Mar 2016 16:12:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/budget-2016-corbyn-slams-budget-as-failure-with-unfairness-at-its-core/</guid></item><item><title><![CDATA[Non-Financial Reporting Directive: 'Comply or explain' is pure jargon - Bernier Abad]]></title><description><![CDATA[Brussels. Speaking in his personal capacity at an event in Brussels on Tuesday, Nicolas Bernier Abad, policy officer at the European Commission (EC), referred to the so-called 'comply or explain' approach as "pure jargon" which means different things to different people.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/non-financial-reporting-directive-comply-or-explain-is-pure-jargon-bernier-abad/</link><pubDate>Wed, 16 Mar 2016 15:58:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/non-financial-reporting-directive-comply-or-explain-is-pure-jargon-bernier-abad/</guid></item><item><title><![CDATA[ICAEW teams up with PwC for public sector IPSAS programme]]></title><description><![CDATA[Fraser Simpson accountancy_age PWC has collaborated with ICAEW on a new e-learning programme for public sector accountants, to help them with the implementation process. The programme is relevant to those expected to use, prepare or interpret IPSAS financial statements, including anyone not connected with the ICAEW. Accountants will be able to complete the course online in their own time, and upon completion of the programme, will be presented with an IPSAS certificate. ...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/icaew-teams-up-with-pwc-for-public-sector-ipsas-programme/</link><pubDate>Wed, 16 Mar 2016 12:13:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/icaew-teams-up-with-pwc-for-public-sector-ipsas-programme/</guid></item><item><title><![CDATA[Businesses expect Budget action plan, top six poll finds]]></title><description><![CDATA[Fraser Simpson accountancy_age TAX SIMPLIFICATION, productivity and a crackdown on tax evasion and avoidance are just three items that businesses hope George Osborne will tackle in the Budget today, finds top six firm BDO. The chancellor is set to deliver his eighth Budget in the House of Commons today, with advisers predicting a revenue-raising speech as he continues to eliminate the deficit before the end of the decade. Simplification and fairness According to teh...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/businesses-expect-budget-action-plan-top-six-poll-finds/</link><pubDate>Wed, 16 Mar 2016 11:33:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/businesses-expect-budget-action-plan-top-six-poll-finds/</guid></item><item><title><![CDATA[Morning Agenda: Ackman&amp;#8217;s Reputation at Risk]]></title><description><![CDATA[Financial Alchemy Chokes SunEdison | The Bounty Hunter Tracking Chinese Companies | Jefferies Reports $166.7 Million Loss]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/morning-agenda-ackmanamp8217s-reputation-at-risk/</link><pubDate>Wed, 16 Mar 2016 11:16:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/morning-agenda-ackmanamp8217s-reputation-at-risk/</guid></item><item><title><![CDATA[Kreston Reeves and Spofforths to merge]]></title><description><![CDATA[Calum Fuller accountancy_age TOP 50 FIRM Kreston Reeves is to merge with fellow south-east based firm Spofforths, effective from 1 June. The move will create a firm of around 55 partners, and more than 450 staff, spread across 10 locations across the south-east. Further details of the merger, and of its management team, will be revealed in late May. Reeves sit 29th with a fee income of &pound;21.6m in the most recent Accountancy...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kreston-reeves-and-spofforths-to-merge/</link><pubDate>Wed, 16 Mar 2016 11:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kreston-reeves-and-spofforths-to-merge/</guid></item><item><title><![CDATA[Begbies Traynor to help address NI's huge rise in insolvencies]]></title><description><![CDATA[Chris Warmoll accountancy_age BEGBIES Traynor's Scottish insolvency team has won a major contract for the Northern Ireland government's Department of Enterprise, Trade and Investment (DETI). Headed by the firm's regional managing partner for Scotland and Northern Ireland, Ken Pattullo, the team will help the DETI manage the province's historically high levels of both individual and corporate insolvency levels. Insolvencies have rocketed over the past six years in Northern Ireland as the economy]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/begbies-traynor-to-help-address-nis-huge-rise-in-insolvencies/</link><pubDate>Wed, 16 Mar 2016 10:52:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/begbies-traynor-to-help-address-nis-huge-rise-in-insolvencies/</guid></item><item><title><![CDATA[Seven things that could be mentioned in the Budget]]></title><description><![CDATA[Fraser Simpson accountancy_age AS BRITAIN EDGES&nbsp;ever closer to an answer over its European identity, practitioners and tax advisers believe George Osborne will use this week's Budget to declare that Britain remains "open for business" in this uncertain time. The tax community estimates that this will be a revenue-raising budget as the chancellor continues to eliminate the deficit before the end of the decade, but many feel he'll try and avoid an "omnishambles" Budget as we head...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/seven-things-that-could-be-mentioned-in-the-budget/</link><pubDate>Tue, 15 Mar 2016 12:27:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/seven-things-that-could-be-mentioned-in-the-budget/</guid></item><item><title><![CDATA[EU to quiz McDonald’s and Google over tax affairs]]></title><description><![CDATA[Fraser Simpson accountancy_age TECH GIANT Google and fast-food chain McDonald's are to discuss their European taxes with EU lawmakers this week as pressure builds on multinationals to pay a greater share of tax. Reuters reports that the two firms will be attending the European Parliament's tax committee hearing on Wednesday, and will be joined by representatives from Apple and Ikea. The event echoes a similar EU tax hearing that was staged in November last...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eu-to-quiz-mcdonalds-and-google-over-tax-affairs/</link><pubDate>Tue, 15 Mar 2016 12:17:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eu-to-quiz-mcdonalds-and-google-over-tax-affairs/</guid></item><item><title><![CDATA[Brexit poll]]></title><description><![CDATA[As UK Prime Minister David Cameron has announced a referendum on the UK&rsquo;s future in the EU, Timetric&rsquo;s accountancy titles The Accountant and sister publication International Accounting Bulletin look to take the pulse of the profession on the matter.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/brexit-poll/</link><pubDate>Tue, 15 Mar 2016 12:11:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/brexit-poll/</guid></item><item><title><![CDATA[Live Blog: Budget 2016]]></title><description><![CDATA[Accountancy Age Staff accountancy_age &nbsp; // ...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/live-blog-budget-2016/</link><pubDate>Tue, 15 Mar 2016 12:04:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/live-blog-budget-2016/</guid></item><item><title><![CDATA[KPMG appointed as CVA &lsquo;supervisor' to historic department store]]></title><description><![CDATA[Chris Warmoll accountancy_age KPMG has been appointed as CVA &lsquo;supervisor' to a historic Bournemouth-based department store chain. Beales, founded in 1881, wants to renegotiate its current rent agreements with its landlords. A meeting of creditors will be held on 24 March to approve the proposals. Landlords of all the loss-making stores will be asked to reduce Beales' rents or take the premises back. Beales chairman Stuart Lyons said: "Most of Beales' stores are profitable including...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-appointed-as-cva-lsquosupervisor-to-historic-department-store/</link><pubDate>Tue, 15 Mar 2016 11:45:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-appointed-as-cva-lsquosupervisor-to-historic-department-store/</guid></item><item><title><![CDATA[Zambia’s IPSAS implementation expected by 2020]]></title><description><![CDATA[It is understood that Zambia is expecting to implement a full accrual-based IPSAS system by 2020, despite a shortage of accountants well-versed in the public sector accounting]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/zambias-ipsas-implementation-expected-by-2020/</link><pubDate>Mon, 14 Mar 2016 17:24:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/zambias-ipsas-implementation-expected-by-2020/</guid></item><item><title><![CDATA[PM’s European adviser to replace Macpherson in Treasury hot-seat]]></title><description><![CDATA[Fraser Simpson accountancy_age TOM SCHOLAR, the PM's adviser on European and global issues and former IMF executive director, has been appointed as permanent secretary to the HM Treasury. He will take over from civil-service veteran Sir Nicholas Macpherson, who earlier this year announced that he will be ending his ten-year reign at the government department in March. Scholar also serves as a sherpa for the EU, G7 and G20, as well as being the...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pms-european-adviser-to-replace-macpherson-in-treasury-hot-seat/</link><pubDate>Mon, 14 Mar 2016 12:49:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pms-european-adviser-to-replace-macpherson-in-treasury-hot-seat/</guid></item><item><title><![CDATA[KPMG to pick up FTSE 250 builder WS Atkins’ audit]]></title><description><![CDATA[Calum Fuller accountancy_age FTSE 250 builder WS Atkins has appointed KPMG as its auditor for the financial year ending 31 March 2018. A resolution to approve the appointment of KPMG will be put to shareholders at the company's AGM to be held in 2017. In a note to market, the company added that in order to "ensure an orderly transition to KPMG", a resolution to re-appoint the current independent auditor, PwC, for the financial...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-to-pick-up-ftse-250-builder-ws-atkins-audit/</link><pubDate>Mon, 14 Mar 2016 12:01:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-to-pick-up-ftse-250-builder-ws-atkins-audit/</guid></item><item><title><![CDATA[BHS landlords query long-term future of distressed retailer]]></title><description><![CDATA[Chris Warmoll accountancy_age A NUMBER of landlords of troubled retailer BHS have expressed their fears for the department store chain's future even if a last minute rescue package is thrashed out with creditors. The buildings' owners told The Sunday Telegraph the chain's efforts to negotiate big rent cuts are unlikely to offer a lifeline of any substance. KPMG, which was recently engaged by the retailer to explore options to shrink its store empire over its...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/bhs-landlords-query-long-term-future-of-distressed-retailer/</link><pubDate>Mon, 14 Mar 2016 12:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/bhs-landlords-query-long-term-future-of-distressed-retailer/</guid></item><item><title><![CDATA[Taking Stock: Powa under pressure after founder’s Bowie tribute]]></title><description><![CDATA[Taking Stock accountancy_age POWA TECHNOLOGIES might be facing a labyrinth of paperwork following its drop into administration, but founder and CEO Dan Wagner still thinks he's a starman after sharing his David Bowie tribute to unknowing staff. On 12 January, just two days after the Changes singer passed away, Wagner donned a sparkling gold jumpsuit and put on his best Ziggy Stardust impression to pay tribute to the music icon (see below). ...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/taking-stock-powa-under-pressure-after-founders-bowie-tribute/</link><pubDate>Mon, 14 Mar 2016 10:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/taking-stock-powa-under-pressure-after-founders-bowie-tribute/</guid></item><item><title><![CDATA[Friday Afternoon Live: People moves and the Business Finance Awards]]></title><description><![CDATA[Accountancy Age Staff accountancy_age &nbsp;For more click Sir Michael Snyder's retirement, click&nbsp;here Click&nbsp;here&nbsp;for news on Blair Nimmo's promotion at KPMG The Business Finance Awards 2016, in all its glory, is&nbsp;here.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-people-moves-and-the-business-finance-awards/</link><pubDate>Fri, 11 Mar 2016 16:11:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-people-moves-and-the-business-finance-awards/</guid></item><item><title><![CDATA[Sustainability’s new contender]]></title><description><![CDATA[Sustainability, climate change and non-financial reporting initiatives are proliferating even though businesses do not seem to see climate and environment as a risk. There is a new entrant: the TCFD or Task Force on Climate-Related Financial Disclosures, established by the Financial Stability Board at the end of last year under the chairmanship of Michael Bloomberg]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sustainabilitys-new-contender/</link><pubDate>Fri, 11 Mar 2016 14:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sustainabilitys-new-contender/</guid></item><item><title><![CDATA[Join this year's Best Employer programme]]></title><description><![CDATA[Accountancy Age Staff accountancy_age ACCOUNTANCY AGE and the Best Companies Group are looking for the UK's best accountancy firm! Firms can now register to join the 2016 Accountancy Age Best Employer programme, a survey and recognition programme dedicated to finding and recognising the best employers in the accounting profession. By participating in a two-part assessment process, practices can gain crucial benchmarking data for their firm as well as the chance to be recognised on the...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/join-this-years-best-employer-programme/</link><pubDate>Fri, 11 Mar 2016 12:41:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/join-this-years-best-employer-programme/</guid></item><item><title><![CDATA[Mid-sized biz support EU stay, claims BDO]]></title><description><![CDATA[Fraser Simpson accountancy_age MEDIUM-SIZED businesses are in favour of staying in Europe, but have called for greater EU reform to help UK businesses, according to figures from BDO. A survey of 632 British mid-sized companies found that 70% of them would find it harder to run a successful business if the UK votes to leave Europe on 23 June. Mid-sized companies make up just 1% of all UK business, but create one in four...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/mid-sized-biz-support-eu-stay-claims-bdo/</link><pubDate>Fri, 11 Mar 2016 10:47:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/mid-sized-biz-support-eu-stay-claims-bdo/</guid></item><item><title><![CDATA[News brief: Bangladesh puts an end to self-regulation creating an accounting watchdog]]></title><description><![CDATA[An accounting regulator in Bangladesh, named Financial Reporting Council (FRC), is to be set up soon following the mandate of a national law, the Financial Reporting Act 2015, passed in September last year.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-bangladesh-puts-an-end-to-self-regulation-creating-an-accounting-watchdog/</link><pubDate>Thu, 10 Mar 2016 18:04:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-bangladesh-puts-an-end-to-self-regulation-creating-an-accounting-watchdog/</guid></item><item><title><![CDATA[Bolton Wanderers secures new ownership deal as HMRC tax battle continues]]></title><description><![CDATA[Chris Warmoll accountancy_age BOLTON Wanderers' has announced a deal between Sports Shield, Inner Circle and Eddie Davies to transfer ownership of the club has been completed and ratified by the Football League. The Trotters, who recently announced it had sold its training ground to Wigan Athletic, is involved in a continuing fight to avoid administration in the High Court over a &pound;2.2m HMRC tax bill. It was granted a further stay of execution this week following...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/bolton-wanderers-secures-new-ownership-deal-as-hmrc-tax-battle-continues/</link><pubDate>Thu, 10 Mar 2016 13:47:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/bolton-wanderers-secures-new-ownership-deal-as-hmrc-tax-battle-continues/</guid></item><item><title><![CDATA[Stagecoach tax avoidance stopped in its tracks by HMRC]]></title><description><![CDATA[Fraser Simpson accountancy_age A TAX AVOIDANCE scheme used by one of the UK's largest bus operators has been shut down by HMRC. Stagecoach group used an artificial scheme which attempted to make a loss in one of its biggest companies, hoping to cut their tax bill by &pound;11m in the accounting period ending 30 April 2011. The transport firm used the scheme while being advised by KPMG. However the first-tier tribunal ruled that Stagecoach...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/stagecoach-tax-avoidance-stopped-in-its-tracks-by-hmrc/</link><pubDate>Thu, 10 Mar 2016 13:23:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/stagecoach-tax-avoidance-stopped-in-its-tracks-by-hmrc/</guid></item><item><title><![CDATA[54% of IPs see HMRC as 'unhelpful']]></title><description><![CDATA[Chris Warmoll accountancy_age OVER half (54%) of insolvency practitioners (IPs) think HMRC makes it harder to rescue businesses than wind them up, according to a survey of the profession by R3, the insolvency trade body. And nearly three-in-four (71%) IPs believe HMRC has made the insolvency process harder to manage over the past few years with just 10% believing that the taxman was &lsquo;helpful' when it comes to business rescue. The survey of 350...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/54-of-ips-see-hmrc-as-unhelpful/</link><pubDate>Thu, 10 Mar 2016 13:20:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/54-of-ips-see-hmrc-as-unhelpful/</guid></item><item><title><![CDATA[Banks’ £135m tax avoidance scheme shutdown by authorities]]></title><description><![CDATA[Fraser Simpson accountancy_age A CONTRIVED tax avoidance bonus scheme used by Deutsche Bank and UBS has been deemed illegal in the Supreme Court after HMRC discovered it was helping businesses avoid &pound;135m in tax. The two banks used the scheme to pay their staff bonuses in the form of shares in specifically created companies, enabling the bonuses to be exempt from tax and NICs. The scheme was designed to pay the bonuses in a way that...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/banks-135m-tax-avoidance-scheme-shutdown-by-authorities/</link><pubDate>Thu, 10 Mar 2016 13:09:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/banks-135m-tax-avoidance-scheme-shutdown-by-authorities/</guid></item><item><title><![CDATA[FRP Advisory joins PrimeGlobal network]]></title><description><![CDATA[Chris Warmoll accountancy_age FRP ADVISORY has joined PrimeGlobal, one of the largest international associations of independent public accounting firms, as it seeks to further grow its international reach. The firm says the move is a response to the increasing demand for FRP Advisory's business advisory skills on assignments outside the UK. Geoff Carton-Kelly, partner at FRP Advisory, said: "As one of the largest UK independent business advisory firms focusing on corporate restructuring, recove]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frp-advisory-joins-primeglobal-network/</link><pubDate>Thu, 10 Mar 2016 12:14:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frp-advisory-joins-primeglobal-network/</guid></item><item><title><![CDATA[KPMG appoints Nimmo as new UK head of restructuring]]></title><description><![CDATA[Chris Warmoll accountancy_age KPMG has promoted Blair Nimmo to UK Head of Restructuring following the departure of Mark Firmin who is leaving the Big Four firm. Firmin leaves having only been in the role since October 2014. Nimmo was previously head of KPMG's restructuring practice in Scotland and with immediate effect, now oversees around 550 restructuring staff who between then amassed over &pound;100m in fees last year. Simon Collins, UK Chairman of...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-appoints-nimmo-as-new-uk-head-of-restructuring/</link><pubDate>Wed, 09 Mar 2016 13:52:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-appoints-nimmo-as-new-uk-head-of-restructuring/</guid></item><item><title><![CDATA[HMRC focuses on self-employed with Making Tax Digital video]]></title><description><![CDATA[Fraser Simpson accountancy_age IN AN effort to educate small business owners and the self-employed over its digital tax plans, HMRC has released a new video on making tax digital, going into greater detail about its mobile application. In the video, which involves a self-employed plumber, HMRC underlines that sole traders can now manage their tax liabilities using their smartphone. The taxman lays out how the self-employed can update their expenses and other financial information...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-focuses-on-self-employed-with-making-tax-digital-video/</link><pubDate>Wed, 09 Mar 2016 12:10:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-focuses-on-self-employed-with-making-tax-digital-video/</guid></item><item><title><![CDATA[KPMG prepares CVA for beleagured BHS empire]]></title><description><![CDATA[Chris Warmoll accountancy_age STRUGGLING department store chain BHS is set to enter into a company voluntary arrangement (CVA) in a bid to slash its rent bill and save it from entering administration. KPMG, recently engaged by the retailer to explore a number of options to shrink its store empire over its "unsustainable" rents, haa now prepared a CVA proposal for BHS Limited and BHS Properties Limited. Will Wright, restructuring partner at KPMG and proposed 'supervisor' of...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-prepares-cva-for-beleagured-bhs-empire/</link><pubDate>Wed, 09 Mar 2016 12:07:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-prepares-cva-for-beleagured-bhs-empire/</guid></item><item><title><![CDATA[FRC issues amendments to fair value disclosures in FRS 102]]></title><description><![CDATA[Calum Fuller accountancy_age AMENDMENTS simplifying the preparation of disclosures about financial instruments for financial institutions and retirement benefit plans have been issued by the FRC. Amendments to FRS 102 - Fair value hierarchy disclosures - were finalised following what the profession's watchdog described as "an overwhelmingly positive response" to the consultation. As well as simplifying the preparation of the disclosures, the amendments are designed provide more meaningful infor]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-issues-amendments-to-fair-value-disclosures-in-frs-102/</link><pubDate>Wed, 09 Mar 2016 12:06:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-issues-amendments-to-fair-value-disclosures-in-frs-102/</guid></item><item><title><![CDATA[Money launderer jailed after HMRC probe]]></title><description><![CDATA[Fraser Simpson accountancy_age A MAN has been jailed after pleading guilty to handling over &pound;173,000 in cash linked to a money laundering fraud. Osmaan Rashid, 46, from Bradford, admitted to hiding and transporting the cash for a gang of money launderers in 2013. Rashid was directly linked to four cash seizures by HMRC although he had wider involvement in the gang's money laundering activities. During the investigation HMRC officers discovered that Rashid...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/money-launderer-jailed-after-hmrc-probe/</link><pubDate>Wed, 09 Mar 2016 12:05:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/money-launderer-jailed-after-hmrc-probe/</guid></item><item><title><![CDATA[HMRC begins crackdown on alcohol tax evasion]]></title><description><![CDATA[Fraser Simpson accountancy_age ALCOHOL TRADERS face criminal convictions and fines up to &pound;10,000 if they fail to register with HMRC's Alcohol Wholesale Registration Scheme, the taxman has warned. Retailers have until March 31 to sign up to the initiative, as HMRC looks to continue its battle against illegal traders who are failing to pay &pound;1.2bn in alcohol taxes every year. Not only will HMRC police whether vendors have registered for the scheme, it will...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-begins-crackdown-on-alcohol-tax-evasion/</link><pubDate>Wed, 09 Mar 2016 12:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-begins-crackdown-on-alcohol-tax-evasion/</guid></item><item><title><![CDATA[Dare to be boring, ACCA urges Osborne]]></title><description><![CDATA[Chris Warmoll accountancy_age ACCA is urging the Chancellor to "keep the steady pace of recovery going" and not be tempted by the theatrics of a "white rabbit" moment. Chas Roy-Chowdhury, ACCA head of taxation, said: "Osborne is six years into his tenure as chancellor; he's set in motion many mechanisms to improve the UK economy for both individuals and businesses. He should not risk that progress by chasing headlines in Thursday's papers. "We already have...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/dare-to-be-boring-acca-urges-osborne/</link><pubDate>Tue, 08 Mar 2016 13:07:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/dare-to-be-boring-acca-urges-osborne/</guid></item><item><title><![CDATA[Big Four firm reveals socio-economic and education data on partners]]></title><description><![CDATA[Fraser Simpson accountancy_age DELOITTE has published socio-economic and educational data on more than 1,000 of its staff and partners, in an increasing effort to clampdown on social mobility barriers. Nearly half (43%) of its workforce attended a non-selective state school, with 16% attended a grammar school, while one fifth studied at an independent school. More than half of its employees became the first in their family to attend university, while just under a tenth of...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/big-four-firm-reveals-socio-economic-and-education-data-on-partners/</link><pubDate>Tue, 08 Mar 2016 12:45:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/big-four-firm-reveals-socio-economic-and-education-data-on-partners/</guid></item><item><title><![CDATA[Pace of audit improvement too slow, IFIAR tells top six networks]]></title><description><![CDATA[Calum Fuller accountancy_age THE SIX LARGEST GLOBAL NETWORK AUDITORS must make measurable improvements to their audit quality by 2019, according to the International Forum of Independent Audit Regulators (IFIAR). "Persistent levels of deficiencies" in public company audits were reported by members in its annual inspections findings survey. Audits undertaken by BDO International, Deloitte Touche Tohmatsu, EY Global, Grant Thornton International, KPMG International Cooperative, and Pricewaterhous]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pace-of-audit-improvement-too-slow-ifiar-tells-top-six-networks/</link><pubDate>Tue, 08 Mar 2016 11:59:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pace-of-audit-improvement-too-slow-ifiar-tells-top-six-networks/</guid></item><item><title><![CDATA[Bolton secures extra time to defend itself from HMRC]]></title><description><![CDATA[Chris Warmoll accountancy_age BOLTON Wanderers' continuing fight to avoid administration in the High Court has been granted a further stay of execution following an adjournment until March 21. Solicitors representing the Sky Bet Championship side appeared at the High Court on Monday to run through the plans for a buy-out of the club by a consortium led by former striker Dean Holdsworth. Registrar Clive Jones refused a winding-up petition from HMRC, which had asked for...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/bolton-secures-extra-time-to-defend-itself-from-hmrc/</link><pubDate>Tue, 08 Mar 2016 11:59:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/bolton-secures-extra-time-to-defend-itself-from-hmrc/</guid></item><item><title><![CDATA[Jail for waste boss over £1.1m tax fraud]]></title><description><![CDATA[Fraser Simpson accountancy_age THE OWNER of a recycling company has been jailed for four years after being found guilty of claiming over a million pounds in fake VAT repayments. Brian Brader, 35, from Chatteris, Cambridgeshire, fraudulently claimed &pound;1,142,451.91 in VAT since setting up NKB Recycling in September 2010. He claimed the company exported waste from the UK to China and India, but following an investigation from the taxman, found fake invoices and fraudulent business records,...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/jail-for-waste-boss-over-11m-tax-fraud/</link><pubDate>Tue, 08 Mar 2016 11:52:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/jail-for-waste-boss-over-11m-tax-fraud/</guid></item><item><title><![CDATA[Tax code complexity could damage economy, warns think tank]]></title><description><![CDATA[Fraser Simpson accountancy_age TAX ADVISERS are charging up to &pound;1,000 per hour for their services due to the &lsquo;unsustainable' growth in the UK tax code, a policy think tank has revealed. The Centre for Policy Studies has found that the word count of Tolley's Tax Handbooks has increased by roughly five million words since 2009, doubling its total word count to ten million, more than 12 times as many words as the King James Bible. ...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tax-code-complexity-could-damage-economy-warns-think-tank/</link><pubDate>Mon, 07 Mar 2016 13:01:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tax-code-complexity-could-damage-economy-warns-think-tank/</guid></item><item><title><![CDATA[OTS outlines income tax and NI alignment plans]]></title><description><![CDATA[Fraser Simpson accountancy_age THE OTS is pushing for a debate around mitigating the &lsquo;losers' who will emerge from the closer alignment of NICs with income tax, releasing a seven-step strategy to reform national insurance contributions. The Treasury group, which independently advises the government on how to simplify the tax system, has advised the chancellor to move NICs to an annual, cumulative and aggregate basis. Other steps include basing employers NICs on whole payroll costs...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ots-outlines-income-tax-and-ni-alignment-plans/</link><pubDate>Mon, 07 Mar 2016 12:56:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ots-outlines-income-tax-and-ni-alignment-plans/</guid></item><item><title><![CDATA[Sir Michael Snyder to retire from Kingston Smith]]></title><description><![CDATA[Chris Warmoll accountancy_age SIR Michael Snyder is to retire from Kingston Smith after 42 years service, the firm has announced. He will be replaced as senior partner by Martin Muirhead on 1 May 2016. Sir Michael led Kingston Smith - 18th in the 2015 Accountancy Age Top 50+50 - for 36 years, first as managing partner and then as senior partner from 1990. The news comes just weeks after the firm appointed Maureen Penfold...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sir-michael-snyder-to-retire-from-kingston-smith/</link><pubDate>Mon, 07 Mar 2016 12:51:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sir-michael-snyder-to-retire-from-kingston-smith/</guid></item><item><title><![CDATA[PwC appoints new global chairman]]></title><description><![CDATA[Fraser Simpson accountancy_age BIG FOUR firm PwC has named audit specialist Robert Moritz as its new global chairman, effective from July 1. Moritz has served as the group's US chairman and senior partner since 2009, having joined the firm in 1985. His major focus at the firm has been audit, having recently completed two terms as chairman of the governing board for the centre for audit quality. Moritz succeeds chairman Dennis Nally,...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pwc-appoints-new-global-chairman/</link><pubDate>Mon, 07 Mar 2016 11:39:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pwc-appoints-new-global-chairman/</guid></item><item><title><![CDATA[Friday Afternoon Live: Mandatory audit rotation, digital tax and consulting]]></title><description><![CDATA[Accountancy Age Staff accountancy_age &nbsp; For more, click here, here and here.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-mandatory-audit-rotation-digital-tax-and-consulting/</link><pubDate>Fri, 04 Mar 2016 15:39:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-mandatory-audit-rotation-digital-tax-and-consulting/</guid></item><item><title><![CDATA[Gauke stands firm after Tyrie questions digital tax plans]]></title><description><![CDATA[Fraser Simpson accountancy_age DAVID GAUKE has publicly defended the government's plans to make tax digital, but has been challenged by the treasury committee over the administrative costs to businesses that the plans will bring. Andrew Tyrie, chairman of the Treasury Committee, yesterday published his correspondence with Gauke over the government's &lsquo;making tax digital' plans, noting that he "finds it hard to see" how digital tax accounts will reduce the administrative cost to businesses]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/gauke-stands-firm-after-tyrie-questions-digital-tax-plans/</link><pubDate>Fri, 04 Mar 2016 11:38:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/gauke-stands-firm-after-tyrie-questions-digital-tax-plans/</guid></item><item><title><![CDATA[House of Lords slams ‘inadequate’ HMRC in Finance Bill inquiry]]></title><description><![CDATA[Fraser Simpson accountancy_age REFORM of HM Revenue &amp; Customs' communications strategy, further consultation on making tax digital and reviews of all major tax reforms are just three recommendations from the House of Lords to HMRC within its review of the Draft Finance Bill. The House of Lords Economic Affairs Committee said that most taxpayers are completely unaware of impending changes to the tax system, in particular changes to the taxation of savings and dividends. ...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/house-of-lords-slams-inadequate-hmrc-in-finance-bill-inquiry/</link><pubDate>Fri, 04 Mar 2016 11:09:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/house-of-lords-slams-inadequate-hmrc-in-finance-bill-inquiry/</guid></item><item><title><![CDATA[Most UK businesses unprepared for a possible Brexit: Grant Thornton UK]]></title><description><![CDATA[Sixty five percent of 200 senior UK executives surveyed by Grant Thornton UK said they have done no planning at all for a possible vote to leave the EU.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/most-uk-businesses-unprepared-for-a-possible-brexit-grant-thornton-uk/</link><pubDate>Thu, 03 Mar 2016 14:56:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/most-uk-businesses-unprepared-for-a-possible-brexit-grant-thornton-uk/</guid></item><item><title><![CDATA[Buyers found for two Powa companies]]></title><description><![CDATA[Chris Warmoll accountancy_age BUYERS have been found for two Powa Technologies Group companies, administrator Deloitte has announced. The Big Four firm said that 69 jobs has now been secured following the successful sale of the group's PowaTag and PowaWeb businesses. Deloitte confimed that the PowaTag business has been sold to a consortium led by Ben White, while the PowaWeb outfit has been sold to a management buyout (MBO) team led by Andy Muldoon and...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/buyers-found-for-two-powa-companies/</link><pubDate>Thu, 03 Mar 2016 13:51:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/buyers-found-for-two-powa-companies/</guid></item><item><title><![CDATA[Bishop Fleming and Anderson Anderson Brown in best mid-size companies list]]></title><description><![CDATA[Chris Warmoll accountancy_age TWO mid-tier accountancy firms have secured their places in the latest Sunday Times Best 100 Companies mid-size list. West Country practice Bishop Fleming made it into the first half at 49th position, while Scottish-based Anderson Anderson &amp; Brown were 52nd in the category for companies with 250-3,000 employees. Bishop Fleming, which boasts offices in Bath, Bristol, Exeter, Plymouth, Torquay, Truro, and Worcester and 310 staff, scooped the prestigious placing o]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/bishop-fleming-and-anderson-anderson-brown-in-best-mid-size-companies-list/</link><pubDate>Thu, 03 Mar 2016 12:50:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/bishop-fleming-and-anderson-anderson-brown-in-best-mid-size-companies-list/</guid></item><item><title><![CDATA[Advisers outraged over &lsquo;contradictory' HMRC corporation tax briefing]]></title><description><![CDATA[Fraser Simpson accountancy_age ACCOUNTANTS and tax experts have criticised HMRC's latest policy paper on multinationals and their tax affairs, with one critic believing the department is going out of its way to provide "political cover" for tax abusing businesses. HMRC stated in the policy paper that it needed to address the "intense public and political debate" that has surrounded itself following the &pound;130m deal it struck with Google over the search engine giant's taxes back in January..]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/advisers-outraged-over-lsquocontradictory-hmrc-corporation-tax-briefing/</link><pubDate>Thu, 03 Mar 2016 12:23:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/advisers-outraged-over-lsquocontradictory-hmrc-corporation-tax-briefing/</guid></item><item><title><![CDATA[Companies House filing to be 100% digital by 2019]]></title><description><![CDATA[Calum Fuller accountancy_age COMPANIES HOUSE has confirmed it aims to become a "100% digital organisation" by 2019. Currently, around 80% of businesses file online with the government department, but the aim is to become a completely digital service inside three years as part of the government's Digital by Default drive. For some key transactions with Companies House, such as annual returns and incorporations, 99% were submitted digitally. The department confirmed it is...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/companies-house-filing-to-be-100-digital-by-2019/</link><pubDate>Thu, 03 Mar 2016 10:56:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/companies-house-filing-to-be-100-digital-by-2019/</guid></item><item><title><![CDATA[17-year-old charged with murdering HMRC adviser]]></title><description><![CDATA[Fraser Simpson accountancy_age A 17-YEAR-OLD boy has been charged with the murder of HMRC employee Paul Jefferies, Sussex Police has confirmed. Jefferies' career at the tax authority spans over 20 years, having most recently served as a policy adviser focusing on personal tax. His body was discovered at his home in Coggins Mill Lane in Mayfield on 25 February after Sussex Police were contacted over concerns that he had not been seen for a number...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/17-year-old-charged-with-murdering-hmrc-adviser/</link><pubDate>Thu, 03 Mar 2016 10:38:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/17-year-old-charged-with-murdering-hmrc-adviser/</guid></item><item><title><![CDATA[Big Four triumph as consulting outstrips economy]]></title><description><![CDATA[Fraser Simpson accountancy_age BRITISH CONSULTING grew four times faster than the UK economy in 2015, with services from Big Four firms growing 11.5% to &pound;2.55bn, according to a new report. Management Consulting firm Source Global Research has revealed that money generated by financial services consulting has grown 14.3% to &pound;2.2bn. However the sector remains well behind risk and regulatory consulting, which according to Source Global is the fastest growing service line in the UK...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/big-four-triumph-as-consulting-outstrips-economy/</link><pubDate>Thu, 03 Mar 2016 10:36:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/big-four-triumph-as-consulting-outstrips-economy/</guid></item><item><title><![CDATA[Leonard Curtis appointed administrator at Nelson Packaging]]></title><description><![CDATA[Chris Warmoll accountancy_age ANDREW Poxon of Leonard Curtis has been appointed administrator at Lancashire-based plastic bag manufacturer Nelson Packaging. Around 40 staff have been made redundant at the plant which has now closed. The company's managing director, Michael Flynn, has blamed the government's 5p plastic bag tax and overseas competition for its current predicament. Nelson Packaging, in business since 1975, which made bags and assorted packaging products, was bought by Warrington-b]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/leonard-curtis-appointed-administrator-at-nelson-packaging/</link><pubDate>Wed, 02 Mar 2016 13:08:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/leonard-curtis-appointed-administrator-at-nelson-packaging/</guid></item><item><title><![CDATA[Only 5% of NHS finance staff feel appreciated by public]]></title><description><![CDATA[Chris Warmoll accountancy_age JUST 5% of NHS finance staff feel valued by the British public. That's the finding from the latest research from the Healthcare Financial Management Association (HFMA). Yet despite such a downbeat perception, over six out of ten (64%) finance professionals in the cash-strapped NHS say they are so dedicated to the institution that they want to spend the rest of their careers there. The research - conducted amongst 500...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/only-5-of-nhs-finance-staff-feel-appreciated-by-public/</link><pubDate>Wed, 02 Mar 2016 12:20:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/only-5-of-nhs-finance-staff-feel-appreciated-by-public/</guid></item><item><title><![CDATA[£8bn haul sees MPs urge for income tax cuts]]></title><description><![CDATA[Fraser Simpson accountancy_age GEORGE OSBORNE has been pressed to slash income tax in the upcoming budget after revealing an &pound;8bn boost to the Treasury caused by his cuts to the top rate of income tax The chancellor used HMRC statistics to reveal to the House of Commons that cutting the top rate from 50p to 45p in 2013 has raised &pound;8bn during the first year of its implementation. The chancellor first announced the cut...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/8bn-haul-sees-mps-urge-for-income-tax-cuts/</link><pubDate>Wed, 02 Mar 2016 11:41:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/8bn-haul-sees-mps-urge-for-income-tax-cuts/</guid></item><item><title><![CDATA[Mandatory audit rotation 'further entrenches' Big Four]]></title><description><![CDATA[Calum Fuller accountancy_age THE MANDATORY ROTATION of auditors every ten years will further entrench the Big Four's domination of the market, according to an eminent audit partner at EY. Rather than the intended purpose of opening the FTSE 350 market up to more audit firms such as Grant Thornton and BDO, EY head of audit Hywel Ball told Accountancy Age he believes mandatory rotation is reinforcing the Big Four's dominant position in the large listed market...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/mandatory-audit-rotation-further-entrenches-big-four/</link><pubDate>Wed, 02 Mar 2016 11:13:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/mandatory-audit-rotation-further-entrenches-big-four/</guid></item><item><title><![CDATA[Smith &amp; Williamson profits fall as investment plan kicks in]]></title><description><![CDATA[Calum Fuller accountancy_age TOP TEN FIRM Smith &amp; Williamson has announced revenue growth during the six months to 31 October 2015, but a fall in profits. Group operating income grew to &pound;106.5m to October 2015, against a background of significant long-term investment across the firm. Adjusted operating profit stood at &pound;14.5m, a decline from the &pound;19.1m in the same period the year prior, reflecting what the firm described as "planned increases in costs to...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/smith-amp-williamson-profits-fall-as-investment-plan-kicks-in/</link><pubDate>Wed, 02 Mar 2016 09:38:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/smith-amp-williamson-profits-fall-as-investment-plan-kicks-in/</guid></item><item><title><![CDATA[Nearly half of surveyed SMPs have no interest in an international affiliation: IFAC]]></title><description><![CDATA[Nearly half of the 6,725 small and medium practices (SMP) practitioners surveyed for the International Federation of Accountants&rsquo; (IFAC) annual global SMP survey said they had no interest in joining a network, association, or alliance.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/nearly-half-of-surveyed-smps-have-no-interest-in-an-international-affiliation-ifac/</link><pubDate>Tue, 01 Mar 2016 17:45:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/nearly-half-of-surveyed-smps-have-no-interest-in-an-international-affiliation-ifac/</guid></item><item><title><![CDATA[Whitlock joins PKF Littlejohn as assurance and advisory partner]]></title><description><![CDATA[Chris Warmoll accountancy_age PKF Littlejohn, the London member firm of PKF International, has appointed Rhodri Whitlock as an assurance and advisory partner. The appointment follows the recent addition of three partners from Fitzgerald &amp; Law last month and others last year. Carmine Papa, managing partner, said: "Rhodri's appointment supports our plan to grow the firm both in size and breadth of market coverage. Rhodri's skills provide a powerful bridge between our core financial services..]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/whitlock-joins-pkf-littlejohn-as-assurance-and-advisory-partner/</link><pubDate>Tue, 01 Mar 2016 15:32:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/whitlock-joins-pkf-littlejohn-as-assurance-and-advisory-partner/</guid></item><item><title><![CDATA[Deloitte announce redundancies at Powa Technologies]]></title><description><![CDATA[Chris Warmoll accountancy_age DELOITTE - administrators to Powa Technologies Group - has announced that 74 people from the beleaguered company's UK head office have been made redundant. The Big Four firm - which was appointed as joint administrators last month - said that it would "continue to search for a buyer for all or parts of the business", but "regrettably it has not been possible to continue running the company at its current capacity". Problems...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/deloitte-announce-redundancies-at-powa-technologies/</link><pubDate>Tue, 01 Mar 2016 15:30:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/deloitte-announce-redundancies-at-powa-technologies/</guid></item><item><title><![CDATA[Taxpayers to 'save' &pound;30m in inheritance tax relief]]></title><description><![CDATA[Chris Warmoll accountancy_age MONEY saved by people using inheritance tax relief on gifts increased by 20% between 2014 and 2015, and is expected to rise even further in the coming years, a London-based law firm has found. Private client law firm Collyer Bristow reveals that inheritance tax &lsquo;taper relief' on gifts of property, cash or other assets transferred between three to seven years before death was worth &pound;30m from 2014 and 2015 - an increase on the...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/taxpayers-to-save-pound30m-in-inheritance-tax-relief/</link><pubDate>Tue, 01 Mar 2016 13:24:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/taxpayers-to-save-pound30m-in-inheritance-tax-relief/</guid></item><item><title><![CDATA[HMRC: 'Persuasive promoters' lure taxpayers into avoidance schemes]]></title><description><![CDATA[Fraser Simpson accountancy_age AN INVESTIGATION into tax avoidance schemes has revealed that people are regularly introduced to avoidance arrangements via family, friends and accountancy firms, despite being aware that they are &lsquo;unusual' and &lsquo;at the edge of tax law'. The HMRC report attempted to understand why people make the decision to enter and exit marketed tax avoidance schemes, interviewing twenty former tax avoiders to discover how they went about doing it. Participants refer]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-persuasive-promoters-lure-taxpayers-into-avoidance-schemes/</link><pubDate>Tue, 01 Mar 2016 12:41:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-persuasive-promoters-lure-taxpayers-into-avoidance-schemes/</guid></item><item><title><![CDATA[Moore Stephens Northern Ireland fined over Presbyterian Mutual Society audit]]></title><description><![CDATA[Calum Fuller accountancy_age MOORE STEPHENS' Northern Irish firm has been issued a &pound;200,000 fine by the FRC over the audit of the financial statements of Presbyterian Mutual Society in 2007 and 2008. The fine - reduced to &pound;140,000 and a reprimand - comes alongside a &pound;29,000 fine, reduced to &pound;20,000, for the audit engagement partner David McClean, who was also reprimanded. The settlement, Moore Stephens and McClean admitted that their conduct "fell significantly short...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/moore-stephens-northern-ireland-fined-over-presbyterian-mutual-society-audit/</link><pubDate>Tue, 01 Mar 2016 12:37:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/moore-stephens-northern-ireland-fined-over-presbyterian-mutual-society-audit/</guid></item><item><title><![CDATA[Debt recovery firm Winterhill Largo in administration]]></title><description><![CDATA[Chris Warmoll accountancy_age RSM Restructuring Advisory has been appointed as administrators to asset valuation and debt recovery outfit Winterhill Largo and several of its affiliated companies. Joint administrators Lindsey Cooper, Chris Ratten and Graham Bushby were appointed on 26 February to cover Winterhill Largo Ltd; Largo Collections Ltd; Winterhill Property Ltd; Winterhill Receivables; ABL Services Ltd and Winterhill Asset Ltd. Based in Blackburn, Winterhill Largo was formed six years a]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/debt-recovery-firm-winterhill-largo-in-administration/</link><pubDate>Tue, 01 Mar 2016 12:32:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/debt-recovery-firm-winterhill-largo-in-administration/</guid></item><item><title><![CDATA[TaxAssist teams up with Intuit QuickBooks]]></title><description><![CDATA[Fraser Simpson accountancy_age ONLINE ACCOUNTING software firm Intuit QuickBooks has sealed a UK-wide strategic partnership with TaxAssist Accountants, with its near 60,000 client base set to be offered Intuit's range of digital products. TaxAssist's 59,000 clients focus specifically on small businesses and self-employed individuals, while Intuit's software is targeted for SME owners who need help in managing their finances. Nick Williams, head of business development at Intuit UK commented: "I]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/taxassist-teams-up-with-intuit-quickbooks/</link><pubDate>Tue, 01 Mar 2016 11:08:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/taxassist-teams-up-with-intuit-quickbooks/</guid></item><item><title><![CDATA[FRC preliminary inquiries of KPMG’s audit of HBOS - Timeline]]></title><description><![CDATA[The publication of the FCA/PRA report on the failure of HBOS, the scrutiny of the UK Treasury Committee chaired by Andrew Tyrie and the pressure from a group of high-profile experts may prove crucial to shed light on the audit work of the failed bank conducted by Big Four firm KPMG. Carlos Martin Tornero compiles the main stages of this process]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-preliminary-inquiries-of-kpmgs-audit-of-hbos-timeline/</link><pubDate>Mon, 29 Feb 2016 19:36:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-preliminary-inquiries-of-kpmgs-audit-of-hbos-timeline/</guid></item><item><title><![CDATA[Female accountants still earn £17,000 less than men]]></title><description><![CDATA[Fraser Simpson accountancy_age THE GENDER PAY GAP within the accounting profession has shrunk by 3% the past year, but financial inequalities still exist between the two sexes, with male accountants earning nearly &pound;20,000 more than female practitioners. Women are also earning substantially less than men when it comes to annual bonuses, according to new research from financial recruitment firm Marks Sattin. Female accountants earn &pound;67,680 a year on average, whereas male practitioners]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/female-accountants-still-earn-17000-less-than-men/</link><pubDate>Mon, 29 Feb 2016 13:16:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/female-accountants-still-earn-17000-less-than-men/</guid></item><item><title><![CDATA[LITRG urges government to delay NI changes]]></title><description><![CDATA[Fraser Simpson accountancy_age REFORMS to National Insurance contributions for the self-employed should be delayed by the governmen to ensure those affected understand the implications, a tax reform group has urged. The Low Incomes Tax Reform Group (LITRG) - part of the CIoT - has expressed fears that the government's intention to abolish Class 2 NICs will be compromised, after it changed the method for paying them last April. Many self-employed individuals currently pay voluntary...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/litrg-urges-government-to-delay-ni-changes/</link><pubDate>Mon, 29 Feb 2016 11:58:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/litrg-urges-government-to-delay-ni-changes/</guid></item><item><title><![CDATA[Haslers probe George Galloway's insolvent company over &pound;100K tax debt]]></title><description><![CDATA[Chris Warmoll accountancy_age FIREBRAND politician George Galloway's company Miranda Media has gone into compulsory liquidation with tax debts of &pound;100,000. The London mayoral hopeful who founded the company in 2007, used the firm to process his earnings from London-based Iranian state TV channel, Press TV. Nick Nicholson, head of insolvency at Haslers, the Loughton-based accountancy outfit, who specialises in the identification and recovery of assets into insolvent estates, said his firm]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/haslers-probe-george-galloways-insolvent-company-over-pound100k-tax-debt/</link><pubDate>Mon, 29 Feb 2016 11:53:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/haslers-probe-george-galloways-insolvent-company-over-pound100k-tax-debt/</guid></item><item><title><![CDATA[Ex-CIoT president convicted of child porn offences]]></title><description><![CDATA[Calum Fuller, Richard Crump &amp; Chris Warmoll accountancy_age A FORMER CIOT PRESIDENT and eminent tax practitioner has pleaded guilty to possessing extreme pornographic images and making and distributing abusive photographs of children. Stephen Coleclough was president of the tax institute CIoT between 2013 and 2014. His career took in stints at PwC and law firm Mishcon de Reya. The 53-year-old of Tibbs Way, Bugbrooke in Northamptonshire, was convicted at Northampton Crown Court on Thursday.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ex-ciot-president-convicted-of-child-porn-offences/</link><pubDate>Mon, 29 Feb 2016 10:24:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ex-ciot-president-convicted-of-child-porn-offences/</guid></item><item><title><![CDATA[Friday Afternoon Live: KPMG axing dozens of partners and HMRC's new CEO]]></title><description><![CDATA[Accountancy Age Staff accountancy_age &nbsp;For more on these stories, click here and here.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-kpmg-axing-dozens-of-partners-and-hmrcs-new-ceo/</link><pubDate>Fri, 26 Feb 2016 15:35:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-kpmg-axing-dozens-of-partners-and-hmrcs-new-ceo/</guid></item><item><title><![CDATA[Morning Agenda: Legal Costs Create a Loss for R.B.S.]]></title><description><![CDATA[Nightmare in the Pipeline | Companies Required to Report Leases | Sharp Says Foxconn Talks Are Continuing]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/morning-agenda-legal-costs-create-a-loss-for-rbs/</link><pubDate>Fri, 26 Feb 2016 11:55:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/morning-agenda-legal-costs-create-a-loss-for-rbs/</guid></item><item><title><![CDATA[Data analytics is changing forensic accounting]]></title><description><![CDATA[The advent of technology has quite literally changed the face of accounting.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/data-analytics-is-changing-forensic-accounting/</link><pubDate>Fri, 26 Feb 2016 11:31:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/data-analytics-is-changing-forensic-accounting/</guid></item><item><title><![CDATA[EY named as one of the UK’s best big companies to work for]]></title><description><![CDATA[Richard Crump accountancy_age EY has been listed as one of the top '25 Best Big Companies to Work For' by The Sunday Times, which ranks &lsquo;the cream of Britain's happy and motivated workforces'. The Big Four firm, which employs 14,000 in the UK, was ranked 13th - up one place on last year. EY also received a one star accreditation, which acknowledges excellence in the workplace, and was presented with a special award for &lsquo;Innovation in...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ey-named-as-one-of-the-uks-best-big-companies-to-work-for/</link><pubDate>Fri, 26 Feb 2016 11:21:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ey-named-as-one-of-the-uks-best-big-companies-to-work-for/</guid></item><item><title><![CDATA[FASB publishes US leasing standard]]></title><description><![CDATA[Calum Fuller accountancy_age US STANDARD SETTER FASB has published its own leasing standard, weeks after the IASB announced in its own standard which brought around $3tn in liabilities onto company balance sheets. FASB's standard closely follows the IASB's and affects all companies and organisations that lease assets such as real estate, aeroplanes, and manufacturing equipment. As a result, lessees will have to recognise the assets and liabilities on their balance sheet. "The...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/fasb-publishes-us-leasing-standard/</link><pubDate>Fri, 26 Feb 2016 11:05:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/fasb-publishes-us-leasing-standard/</guid></item><item><title><![CDATA[KPMG axes dozens of partners]]></title><description><![CDATA[Richard Crump accountancy_age KPMG is cutting around 50 partners in an effort to improve its performance and respond to changing demand from its clients, according to reports. Sky News reported that KPMG is cutting approximately 50 partners. The process of streamlining its partnership, which will see the number of partners reduced from about 630 to roughly 580, is said to have been under way for several weeks and is expected to continue for some time. ...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-axes-dozens-of-partners/</link><pubDate>Fri, 26 Feb 2016 10:55:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-axes-dozens-of-partners/</guid></item><item><title><![CDATA[Post-Enron Accounting Rule Requires Companies to Report Leases]]></title><description><![CDATA[Starting in 2019, the most common type of lease must be included on a company&rsquo;s balance sheet, giving investors a more accurate picture of its health.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/post-enron-accounting-rule-requires-companies-to-report-leases/</link><pubDate>Thu, 25 Feb 2016 19:15:08 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/post-enron-accounting-rule-requires-companies-to-report-leases/</guid></item><item><title><![CDATA[OECD calls for united front to close international tax loopholes]]></title><description><![CDATA[Fraser Simpson accountancy_age THE OECD is set to launch a new plan that aims to get more countries involved in its clampdown on international tax avoidance, proposing a new framework that will bring together nations from outside the G20. Any countries that join the OECD's new forum will participate as BEPS associates in an extension of the OECD's Committee on Fiscal Affairs (CFA), as the OECD looks to continue its battle against widespread multinational tax avoidance....]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/oecd-calls-for-united-front-to-close-international-tax-loopholes/</link><pubDate>Thu, 25 Feb 2016 13:31:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/oecd-calls-for-united-front-to-close-international-tax-loopholes/</guid></item><item><title><![CDATA['Impossible' to judge Google tax deal, MPs claim]]></title><description><![CDATA[Fraser Simpson accountancy_age MPs have claimed it is "impossible" to judge whether Google paid the right amount of tax to HMRC following its six year investigation into the tech giant's tax affairs. Earlier this month, Google and HMRC bosses were summoned before the Public Accounts Committee to&nbsp;explain how the taxman reached an agreement with Google over its unpaid corporation taxes. However,&nbsp;the lack of transparency about tax settlements meant&nbsp;HMRC was unable explain how it arr]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/impossible-to-judge-google-tax-deal-mps-claim/</link><pubDate>Thu, 25 Feb 2016 13:30:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/impossible-to-judge-google-tax-deal-mps-claim/</guid></item><item><title><![CDATA[France pursues £1.3bn tax settlement from Google]]></title><description><![CDATA[Fraser Simpson accountancy_age FRENCH AUTHORITIES have insisted that Google pay &euro;1.6bn (&pound;1.3bn) in back taxes, on the same day that the PAC slammed HMRC's handling of the search engine giant's UK tax affairs. An unnamed French government official told Reuters: "As far as our country is concerned, back taxes concerning this company amount to &euro;1.6bn". However reports from Agence France-Presse suggest that Google might be able to negotiate its way around the sum and...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/france-pursues-13bn-tax-settlement-from-google/</link><pubDate>Thu, 25 Feb 2016 12:08:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/france-pursues-13bn-tax-settlement-from-google/</guid></item><item><title><![CDATA[France pursues £1.3bn tax settlement from Google]]></title><description><![CDATA[Fraser Simpson accountancy_age FRENCH AUTHORITIES have insisted that Google pay &euro;1.6bn (&pound;1.3bn) in back taxes, on the same day that the PAC slammed HMRC's handling of the search engine giant's UK tax affairs. An unnamed French government official told Reuters: "As far as our country is concerned, back taxes concerning this company amount to &euro;1.6bn". However reports from Agence France-Presse suggest that Google might be able to negotiate its way around the sum and...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/france-pursues-13bn-tax-settlement-from-google/</link><pubDate>Thu, 25 Feb 2016 12:08:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/france-pursues-13bn-tax-settlement-from-google/</guid></item><item><title><![CDATA[BlackLine secures ICAEW accreditation]]></title><description><![CDATA[Fraser Simpson accountancy_age ACCOUNTANCY SOFTWARE company BlackLine has been awarded accreditation from the ICAEW for its cloud-based finance controls and automation platform. BlackLine believes the recognition from the accounting institute will see more accounting departments and ICAEW members embracing a modern finance approach, as taxpayers and HMRC move towards a more digitally-focused tax base. The company's Finance Control platform aims to automate complex, manual and repetitive tasks i]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/blackline-secures-icaew-accreditation/</link><pubDate>Thu, 25 Feb 2016 10:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/blackline-secures-icaew-accreditation/</guid></item><item><title><![CDATA[Why Google&rsquo;s 'sweetheart' deal with HMRC equals a 3% offshore haven corporation tax rate]]></title><description><![CDATA[Before becoming viral, such percentage rate was worked out by Prem Sikka, professor of accounting at Essex University, who explains The Accountant how the figure was calculated]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/why-googlersquos-sweetheart-deal-with-hmrc-equals-a-3-offshore-haven-corporation-tax-rate/</link><pubDate>Wed, 24 Feb 2016 17:59:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/why-googlersquos-sweetheart-deal-with-hmrc-equals-a-3-offshore-haven-corporation-tax-rate/</guid></item><item><title><![CDATA[Jon Thompson named as next boss of HMRC]]></title><description><![CDATA[Fraser Simpson accountancy_age JON THOMPSON, the permanent secretary of the Ministry of Defence, has been named as the new chief executive of HMRC, the government department has revealed. Thompson, who was appointed permanent secretary of the MoD in 2012, will begin a handover period with outgoing CEO Lin Homer, who will step down from HMRC in April. The permanent secretary holds a number of roles within the public sector, serving as the MoD's director...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/jon-thompson-named-as-next-boss-of-hmrc/</link><pubDate>Wed, 24 Feb 2016 14:45:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/jon-thompson-named-as-next-boss-of-hmrc/</guid></item><item><title><![CDATA[SMEs set to take advantage of dividend pay-outs]]></title><description><![CDATA[Fraser Simpson accountancy_age SMALL BUSINESS owners are in a race against time to benefit from a special dividend pay-out, as the government looks to raise the tax rate in April, a top-ten accountancy firm has revealed. Moore Stephens has found that 28% of all SME owners plan to cash in via a dividend pay-out before 6 April, when the tax rate on dividends for higher rate taxpayers increases from 25% to 32.5%. For many...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/smes-set-to-take-advantage-of-dividend-pay-outs/</link><pubDate>Wed, 24 Feb 2016 12:11:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/smes-set-to-take-advantage-of-dividend-pay-outs/</guid></item><item><title><![CDATA[Tax breaks needed to save UK oil industry, urges trade body]]></title><description><![CDATA[Fraser Simpson accountancy_age INDUSTRY trade body Oil and Gas UK has urged the government to reduce taxes within the sector, after revealing fears about the future of North Sea oil production. The trade group's activity survey reveals a collapse in new project investment, with yearly financing dropping from &pound;8bn a year to &pound;1bn a year, despite the increase of oil and gas production. Despite the rise in oil and gas production to an average...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tax-breaks-needed-to-save-uk-oil-industry-urges-trade-body/</link><pubDate>Wed, 24 Feb 2016 11:33:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tax-breaks-needed-to-save-uk-oil-industry-urges-trade-body/</guid></item><item><title><![CDATA[Ipswich Town avoids winding up order]]></title><description><![CDATA[Fraser Simpson accountancy_age IPSWICH TOWN FOOTBALL CLUB has staved off a winding up order from HMRC after confirming that an agreement over its taxes has been reached with the government department. The Championship team joins an ever-growing list of football clubs that have had recent dealings with HMRC. This week Bolton Wanderers secured a welcome reprieve in its battle to survive an ongoing spat over a &pound;2.2m tax bill to the taxman, while League...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ipswich-town-avoids-winding-up-order/</link><pubDate>Wed, 24 Feb 2016 11:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ipswich-town-avoids-winding-up-order/</guid></item><item><title><![CDATA[Ipswich Town avoids winding up order]]></title><description><![CDATA[Fraser Simpson accountancy_age IPSWICH TOWN FOOTBALL CLUB has staved off a winding up order from HMRC after confirming that an agreement over its taxes has been reached with the government department. The Championship team joins an ever-growing list of football clubs that have had recent dealings with HMRC. This week Bolton Wanderers secured a welcome reprieve in its battle to survive an ongoing spat over a &pound;2.2m tax bill to the taxman, while League...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ipswich-town-avoids-winding-up-order/</link><pubDate>Wed, 24 Feb 2016 11:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ipswich-town-avoids-winding-up-order/</guid></item><item><title><![CDATA[Extended BEPS framework to be proposed at China’s G20 meeting]]></title><description><![CDATA[The OECD has announced it will seek further participation in its Base Erosion and Profit Shifting (BEPS) Project by creating a forum of &ldquo;interested countries&rdquo; with the status of &ldquo;associates&rdquo;]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/extended-beps-framework-to-be-proposed-at-chinas-g20-meeting/</link><pubDate>Tue, 23 Feb 2016 17:09:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/extended-beps-framework-to-be-proposed-at-chinas-g20-meeting/</guid></item><item><title><![CDATA[Xero announces Google tie-up]]></title><description><![CDATA[Calum Fuller accountancy_age ACCOUNTING SOFTWARE vendor Xero has confirmed a partnership with Google which sees its platforms integrate Google's Gmail and Google Apps for Work offerings. Xero's Gmail integration pushes e-mail into the accounting workflow, providing businesses with information about their relationships with their contacts without leaving Xero. Tighter integration with Google Apps for Work enables businesses to export content from Xero to Google's spreadsheet offering Sheets to c]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/xero-announces-google-tie-up/</link><pubDate>Tue, 23 Feb 2016 12:51:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/xero-announces-google-tie-up/</guid></item><item><title><![CDATA[Charges dismissed against Duff &amp; Phelps pair in Rangers fraud case]]></title><description><![CDATA[Chris Warmoll accountancy_age TWO Duff &amp; Phelps employees - the oldco Rangers administrators - have had certain charges against them dropped. Both David Whitehouse and Paul Clark were accused of a number of allegations regarding their involvement in the sale of the Scottish football club in 2011. These have now been dropped but could be reintroduced at a later date. Whitehouse and Clark were among seven individuals that included ex-Rangers owner Craig Whyte and Charles Green,...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/charges-dismissed-against-duff-amp-phelps-pair-in-rangers-fraud-case/</link><pubDate>Tue, 23 Feb 2016 12:50:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/charges-dismissed-against-duff-amp-phelps-pair-in-rangers-fraud-case/</guid></item><item><title><![CDATA[EU deal does enough, according to business leaders.]]></title><description><![CDATA[After UK Prime Minister David Cameron secured an EU reform deal in Brussels late on Friday night, a slew of business leaders said they will vote to remain in Europe.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eu-deal-does-enough-according-to-business-leaders/</link><pubDate>Tue, 23 Feb 2016 12:28:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eu-deal-does-enough-according-to-business-leaders/</guid></item><item><title><![CDATA[EU deal does enough, according to business leaders.]]></title><description><![CDATA[After UK Prime Minister David Cameron secured an EU reform deal in Brussels late on Friday night, a slew of business leaders said they will vote to remain in Europe.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eu-deal-does-enough-according-to-business-leaders/</link><pubDate>Tue, 23 Feb 2016 12:28:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eu-deal-does-enough-according-to-business-leaders/</guid></item><item><title><![CDATA[KPMG appoints new UK head of tax]]></title><description><![CDATA[Fraser Simpson accountancy_age KPMG has selected Michelle Quest as its new UK head of tax, pensions and legal services with immediate effect. Quest has taken over from Karen Biggs, who is now heading up KPMG's enterprise practice across the UK and has also gained a seat on the executive committee of the board. The new head of tax joined the KPMG in 1997, and became a partner in 2003. In 2010 Quest was appointed...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-appoints-new-uk-head-of-tax/</link><pubDate>Tue, 23 Feb 2016 11:47:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-appoints-new-uk-head-of-tax/</guid></item><item><title><![CDATA[NAO: Accounting officers champion ministers' interests over the public]]></title><description><![CDATA[Calum Fuller accountancy_age DEPARTMENTAL ACCOUNTING OFFICERS face far greater incentives to satisfy ministers rather than ensure value for money for taxpayers, according to a report from the National Audit Office. Accounting officers and permanent secretaries have to balance accountability to both taxpayers and ministers, but over time the NAO found the balance had shifted in favour of ministers. Many accounting officers "appear to lack confidence to challenge ministers" where they harbour con]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/nao-accounting-officers-champion-ministers-interests-over-the-public/</link><pubDate>Tue, 23 Feb 2016 11:40:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/nao-accounting-officers-champion-ministers-interests-over-the-public/</guid></item><item><title><![CDATA[High Court grants Bolton Wanderers two week stay of execution]]></title><description><![CDATA[Chris Warmoll accountancy_age CHAMPIONSHIP football club Bolton Wanderers has secured a welcome reprieve in its battle to survive an ongoing spat over a &pound;2.2m tax bill to HMRC. Bolton's legal team briefed a High Court judge on Monday that it was taking significant steps to generate the cash and pay the outstanding amount. More evidence is set to be heard at a further hearing in May. The Trotters announced on Friday that it had sold its...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/high-court-grants-bolton-wanderers-two-week-stay-of-execution/</link><pubDate>Tue, 23 Feb 2016 11:37:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/high-court-grants-bolton-wanderers-two-week-stay-of-execution/</guid></item><item><title><![CDATA[HMRC sees high ROI from investigations into UK’s wealthiest]]></title><description><![CDATA[Fraser Simpson accountancy_age HMRC's High Net Worth Unit has seen a considerable increase in its ROI over the past year, with the investigation group yielding &pound;29 for every &pound;1 invested. The figure is up from &pound;18 per &pound;1 spent in 2013 to 2014, with the taxman continuing its clampdown on tax avoidance. Established in 2009, the 400-strong investigations unit covers the UK's 6000 wealthiest individuals (those earning &pound;20m or more). Last year the group...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-sees-high-roi-from-investigations-into-uks-wealthiest/</link><pubDate>Tue, 23 Feb 2016 11:35:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-sees-high-roi-from-investigations-into-uks-wealthiest/</guid></item><item><title><![CDATA[HMRC collects over £500m in crackdown on payroll taxes]]></title><description><![CDATA[Fraser Simpson accountancy_age HMRC collected &pound;524.6m through its investigations into payroll tax abusers last year, and is set to continue its crackdown on disguised self-employment carried out by so-called &lsquo;umbrella companies'. According to Pinsent Masons, much of the revenue collected by HMRC between 2014 and 2015 was through the taxman's clampdown on umbrella companies, which often use complex structures to minimise PAYE and National Insurance contributions. The law firm said th]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-collects-over-500m-in-crackdown-on-payroll-taxes/</link><pubDate>Mon, 22 Feb 2016 12:38:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-collects-over-500m-in-crackdown-on-payroll-taxes/</guid></item><item><title><![CDATA[Hospitals group Mediclinic appoints PwC as auditors]]></title><description><![CDATA[Calum Fuller accountancy_age PWC has won the audit of FTSE 250-listed hospital group Mediclinic. The UAE-headquartered group, which in October last year confirmed its merger with Al Noor Hospitals, confirmed PwC would replace existing auditors KPMG for the 2015/2016 financial year with immediate effect. The combined Mediclinic group is a private healthcare group operating in Southern Africa, Switzerland and the UAE. It runs 73 hospitals with around 10,200 beds and 35 clinics, and has...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hospitals-group-mediclinic-appoints-pwc-as-auditors/</link><pubDate>Mon, 22 Feb 2016 11:48:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hospitals-group-mediclinic-appoints-pwc-as-auditors/</guid></item><item><title><![CDATA[KPMG appointed as administrator to North Sea oil and gas explorer]]></title><description><![CDATA[Chris Warmoll accountancy_age KPMG has been appointed as administrators to First Oil Expro. The Scottish business - part of oil tycoon Ian Suttie's First Oil Group - has been hit by the falling crude oil prices fuelled by the price war between Saudi producers and their US competitors. Based in Aberdeen, First Oil Expro was put on the market for sale at the end of 2015 before KPMG's Blair Nimmo, Richard Beard and Jim Tucker were...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-appointed-as-administrator-to-north-sea-oil-and-gas-explorer/</link><pubDate>Mon, 22 Feb 2016 11:47:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-appointed-as-administrator-to-north-sea-oil-and-gas-explorer/</guid></item><item><title><![CDATA[UK employment taxes rise as global levels fall]]></title><description><![CDATA[Fraser Simpson accountancy_age EMPLOYMENT TAXES have risen to over 11% of an employee's salary in the UK, despite other European countries witnessing a fall in their employment taxes, a new study has revealed. Accountancy group UHY Hacker Young says that UK employment taxes, which have risen from 11.2% to 11.5% since 2012, could have a severe impact on job creation and income growth in the UK for years to come. UHY says that businesses...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/uk-employment-taxes-rise-as-global-levels-fall/</link><pubDate>Mon, 22 Feb 2016 11:45:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/uk-employment-taxes-rise-as-global-levels-fall/</guid></item><item><title><![CDATA[Friday Afternoon Live: Audit Thresholds and HMRC's Wiki fail]]></title><description><![CDATA[Accountancy Age Staff accountancy_age &nbsp; For more, click here.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-audit-thresholds-and-hmrcs-wiki-fail/</link><pubDate>Fri, 19 Feb 2016 16:25:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-audit-thresholds-and-hmrcs-wiki-fail/</guid></item><item><title><![CDATA[HMRC reassesses tax avoidance hallmarks]]></title><description><![CDATA[Fraser Simpson accountancy_age THE TAXMAN has been forced to rethink plans to include non-abusive tax schemes in draft laws on tax avoidance hallmarks after&nbsp;tax advisers criticised HMRC for "casting the net too wide" over the amount of arrangements that are classed as tax avoidance schemes. HMRC carried out a consultation &nbsp;from July to September last year, sparking fears from the tax profession as to whether regular loan trusts, discounted gift trusts and lifestyle trusts would be...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-reassesses-tax-avoidance-hallmarks/</link><pubDate>Fri, 19 Feb 2016 11:54:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-reassesses-tax-avoidance-hallmarks/</guid></item><item><title><![CDATA[Frost Group IP granted FCA-authorisation]]></title><description><![CDATA[Chris Warmoll accountancy_age INSOLVENCY outfit, The Frost Group, has been granted its Financial Conduct Authority (FCA) authorisation - one of the first to do so in the UK, after a "challenging" one-year process. The FCA recently took over regulation of consumer credit from the Office of Fair Trading (OFT). Thanks to the FCA-regulation, the firm, with offices in London, Croydon and Bournemouth, can now offer a portfolio of non-statutory solutions and regulated debt advice to...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frost-group-ip-granted-fca-authorisation/</link><pubDate>Fri, 19 Feb 2016 11:39:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frost-group-ip-granted-fca-authorisation/</guid></item><item><title><![CDATA[Advisers supportive of new Digital Disclosure Service]]></title><description><![CDATA[Fraser Simpson accountancy_age AN ONLINE disclosure service is set to be launched by HMRC in April as the government department continues to move towards a digitally focussed administration. Dubbed as a "one stop solution for customers to disclose tax liabilities", the online platform will allow customers to upload documents digitally, removing the need to send them by post. The service will be up and running by 6 April and will include a number of...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/advisers-supportive-of-new-digital-disclosure-service/</link><pubDate>Fri, 19 Feb 2016 11:19:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/advisers-supportive-of-new-digital-disclosure-service/</guid></item><item><title><![CDATA[Paul Druckman to resign as IIRC CEO]]></title><description><![CDATA[Paul Druckman, CEO of the International Integrated Reporting Council (IIRC) is to leave office in 2016]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/paul-druckman-to-resign-as-iirc-ceo/</link><pubDate>Thu, 18 Feb 2016 15:12:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/paul-druckman-to-resign-as-iirc-ceo/</guid></item><item><title><![CDATA[Auto Trader swaps PwC for KPMG as auditor]]></title><description><![CDATA[Calum Fuller accountancy_age ONLINE car dealership Auto Trader has appointed KPMG as its auditor, it has been confirmed. PwC, which has been Auto Trader's auditor since 2004, will conduct the current year audit and stand down at the conclusion of the AGM in September. Auto Trader floated in March last year and has seen its shares climb 41% since its IPO. Its 2015 annual report shows the company paid PwC a total...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/auto-trader-swaps-pwc-for-kpmg-as-auditor/</link><pubDate>Thu, 18 Feb 2016 11:25:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/auto-trader-swaps-pwc-for-kpmg-as-auditor/</guid></item><item><title><![CDATA[HMRC redundancies may spark strike action, PCS threatens]]></title><description><![CDATA[Fraser Simpson accountancy_age ONE of the largest trade unions in the UK is threatening to strike following HMRC's "entirely unnecessary and inflammatory" decision to issue 150 compulsory redundancy notices to its staff. This move from HMRC is just one part of a major restructuring initiative that includes the closure of 137 local tax offices by 2020, a move which will affect over 60,000 staff as the government department looks to move towards a more digital administration....]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-redundancies-may-spark-strike-action-pcs-threatens/</link><pubDate>Thu, 18 Feb 2016 11:23:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-redundancies-may-spark-strike-action-pcs-threatens/</guid></item><item><title><![CDATA[Light touch regulation back in full swing, austerity in store: UK shadow chancellor]]></title><description><![CDATA[UK shadow chancellor John McDonnell said yesterday that the Conservative government has restored &ldquo;piece by piece, light touch regulation&rdquo;, an approach to banking oversight that failed to supervise excesses in the run up to the 2008 financial crash]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/light-touch-regulation-back-in-full-swing-austerity-in-store-uk-shadow-chancellor/</link><pubDate>Wed, 17 Feb 2016 17:58:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/light-touch-regulation-back-in-full-swing-austerity-in-store-uk-shadow-chancellor/</guid></item><item><title><![CDATA[IRS showcases its Dirty Dozen list of tax scams in 2016]]></title><description><![CDATA[Compiled annually by the Internal Revenue Service (IRS), the 'Dirty Dozen' list is a warning to tax payers to file their returns in a legally sound manner and stay clear of dodgy schemes.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/irs-showcases-its-dirty-dozen-list-of-tax-scams-in-2016/</link><pubDate>Wed, 17 Feb 2016 15:53:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/irs-showcases-its-dirty-dozen-list-of-tax-scams-in-2016/</guid></item><item><title><![CDATA[Former KPMG chairman to head up ICC board]]></title><description><![CDATA[Fraser Simpson accountancy_age SIR MICHAEL Rake, chairman of BT and former head of KPMG's European operations has been appointed as chair of the International Chamber of Commerce (ICC). Rake's new role at the world business organisation will draw on his experience as chairman of Big Four firm KMPG and telecoms giant BT, as well as his experience from Barclays, the CBI and the Prime Minister's Business Advisory Council. The former KPMG man has been appointed...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/former-kpmg-chairman-to-head-up-icc-board/</link><pubDate>Wed, 17 Feb 2016 15:37:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/former-kpmg-chairman-to-head-up-icc-board/</guid></item><item><title><![CDATA[ICAEW issues 800th insolvency practitioner license]]></title><description><![CDATA[Chris Warmoll accountancy_age OVER 800 insolvency practitioner licenses were issued by the ICAEW last year - the highest number issued in any 12-month period since 2001. The receiver of the 800th license was Peter Hughes-Holland, partner at Quantuma, the firm formed by ex-RSM Tenon insolvency chief Carl Jackson in 2013. Hughes-Holland, who has over 30 years' insolvency experience and recently joined the steering committee on ICAEW's insolvency and restructuring group, said: "I'm delighted to be]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/icaew-issues-800th-insolvency-practitioner-license/</link><pubDate>Wed, 17 Feb 2016 12:42:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/icaew-issues-800th-insolvency-practitioner-license/</guid></item><item><title><![CDATA[Compliance and tax issues could follow audit threshold rise]]></title><description><![CDATA[Calum Fuller accountancy_age THE RISE in the audit threshold could lead businesses to run into compliance and taxation issues, practitioners are warning. Last month, the government pressed ahead with raising the audit exemption threshold to its maximum level. As a result, companies require at least &pound;10.2m in turnover, a balance sheet total of up to &pound;5.1m and up to 50 employees to qualify for a statutory audit. Below those levels, companies may opt...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/compliance-and-tax-issues-could-follow-audit-threshold-rise/</link><pubDate>Wed, 17 Feb 2016 12:23:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/compliance-and-tax-issues-could-follow-audit-threshold-rise/</guid></item><item><title><![CDATA[IIRC chief executive Paul Druckman to step down]]></title><description><![CDATA[Calum Fuller accountancy_age INFLUENTIAL chief executive of the International Integrated Reporting Council Paul Druckman is to step down during 2016, the body's board has confirmed. Druckman was instrumental in the development of integrated reporting, which builds on the existing financial reporting model to incorporate non-financial information, and has overseen its adoption in more than 25 countries over his five years as CEO. No date has yet been set for Druckman's departure, and he has...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/iirc-chief-executive-paul-druckman-to-step-down/</link><pubDate>Wed, 17 Feb 2016 11:57:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/iirc-chief-executive-paul-druckman-to-step-down/</guid></item><item><title><![CDATA['Trigger happy' HMRC winding up order on Bury FC kicked into touch]]></title><description><![CDATA[Chris Warmoll accountancy_age HM REVENUE &amp; CUSTOMS&nbsp;has been shown the red card by the High Court over its "trigger happy" stance over a &pound;156,000 debt. The taxman issued a winding up petition against League One football club Bury FC after it was seven days late in paying a tax bill for December. But at the High Court yesterday, on hearing that the debt had been paid in full, the petition was dismissed with HMRC ordered...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/trigger-happy-hmrc-winding-up-order-on-bury-fc-kicked-into-touch/</link><pubDate>Wed, 17 Feb 2016 11:54:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/trigger-happy-hmrc-winding-up-order-on-bury-fc-kicked-into-touch/</guid></item><item><title><![CDATA[EU Non-Financial Reporting Directive: UK Government issues consultation]]></title><description><![CDATA[The UK Department for Business Innovation and Skills (BIS) has today launched a consultation on how to implement the so-called Non-Financial Reporting Directive in the UK]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eu-non-financial-reporting-directive-uk-government-issues-consultation/</link><pubDate>Tue, 16 Feb 2016 17:23:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eu-non-financial-reporting-directive-uk-government-issues-consultation/</guid></item><item><title><![CDATA[FRC: e-tagging of charities’ accounts supported by consultation]]></title><description><![CDATA[Calum Fuller accountancy_age PROPOSALS to enable the electronic tagging of charities' accounts have been welcomed by respondents to a consultation carried out by the FRC and the Charity Commission. Under the plans, the finalised tagging charity convention, or taxonomy, is to be in line with the recently-issued Charity Statement of Recommended Practice (SORP) FRS 102. The taxonomy will be used when tagging charity accounts for electronic filing and for other analytical purposes. Electronic taggi]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-e-tagging-of-charities-accounts-supported-by-consultation/</link><pubDate>Tue, 16 Feb 2016 11:28:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-e-tagging-of-charities-accounts-supported-by-consultation/</guid></item><item><title><![CDATA[PwC leads Brantano administration sale]]></title><description><![CDATA[Chris Warmoll accountancy_age AROUND 600 jobs are still at risk despite almost 1,400 roles being saved following a PwC-led administration sale of discount shoe retailer Brantano. The same private equity firm that bought the company just three months ago - Alteri Investors - has bought the company out of administration to safeguard some 1372 jobs and keep 140 stores and concessions open. But some 58 outlets have yet to find a buyer, putting around 600 jobs...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pwc-leads-brantano-administration-sale/</link><pubDate>Tue, 16 Feb 2016 11:09:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pwc-leads-brantano-administration-sale/</guid></item><item><title><![CDATA[Paul Aplin lined up for ICAEW presidency]]></title><description><![CDATA[Fraser Simpson accountancy_age ICAEW named respected tax partner Paul Aplin as its new vice president, 31 years after he qualified as an accountant with the institute. Aplin qualified as a chartered accountant with ICAEW in 1985 and joined the CIoT in 1989. Over the past 15 years the tax expert has served as chairman of ICAEW's Tax Faculty Committee and also chairs its technical committee. In 2009 Aplin was awarded an OBE for his services to...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/paul-aplin-lined-up-for-icaew-presidency/</link><pubDate>Tue, 16 Feb 2016 10:58:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/paul-aplin-lined-up-for-icaew-presidency/</guid></item><item><title><![CDATA[PwC to hire 1, 000 data scientists]]></title><description><![CDATA[PwC will add a thousand new forensic data scientists to its global deals department within the next two years, marking a shift in how firms respond to the rapidly changing technology landscape.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pwc-to-hire-1-000-data-scientists/</link><pubDate>Mon, 15 Feb 2016 17:42:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pwc-to-hire-1-000-data-scientists/</guid></item><item><title><![CDATA[Non-financial information must be as reliable as financial counterpart, ICAEW says]]></title><description><![CDATA[Calum Fuller accountancy_age NON-FINANCIAL INFORMATION must be as reliable as its financial counterpart for investors to make informed decisions, according to ICAEW. Today's report from the institute, The journey milestone 4: materiality in assuring narrative reporting, found that the &lsquo;materiality' test for financial information must be similarly applied to non-financial information. The ICAEW said the same assurance principles apply to both financial and non-financial information, so ass]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/non-financial-information-must-be-as-reliable-as-financial-counterpart-icaew-says/</link><pubDate>Mon, 15 Feb 2016 12:01:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/non-financial-information-must-be-as-reliable-as-financial-counterpart-icaew-says/</guid></item><item><title><![CDATA[IASB reappoints chairman Hoogervorst]]></title><description><![CDATA[Calum Fuller accountancy_age HANS HOOGERVORST is set for a second five-year term as chairman of the IASB with effect from 1 July, after trustees of the IFRS Foundation rubber-stamped the appointment. The trustees also announced that Ian Mackintosh has decided not to seek a second term, and will step down as IASB vice-chairman when his first term expires on 30 June 2016. Under Hoogervorst and Mackintosh's leadership, the IASB has introduced several substantial changes...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/iasb-reappoints-chairman-hoogervorst/</link><pubDate>Mon, 15 Feb 2016 11:44:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/iasb-reappoints-chairman-hoogervorst/</guid></item><item><title><![CDATA[Trading law reviewed as liquidators fail to establish &lsquo;increase in net deficiency']]></title><description><![CDATA[Chris Warmoll accountancy_age A COMPREHENSIVE&nbsp;judgment has reviewed the law of wrongful trading and clarified a number of aspects and apparently contradictory decisions that have caused controversy within the insolvency profession for a number of years. That's the view of Verisona Law following the judgement by Mr Justice Snowden who rejected claims brought by liquidators of Ralls Builders Limited, a Portsmouth construction firm established in 1891. Verisona Law, who represented the defend]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/trading-law-reviewed-as-liquidators-fail-to-establish-lsquoincrease-in-net-deficiency/</link><pubDate>Mon, 15 Feb 2016 11:13:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/trading-law-reviewed-as-liquidators-fail-to-establish-lsquoincrease-in-net-deficiency/</guid></item><item><title><![CDATA[Friday Afternoon Live: HMRC exposed post-Google + ICAEW wrangles]]></title><description><![CDATA[Kevin Reed accountancy_age Click here for our latest stories on Google tax and the ICAEW: HMRC denies multinationals "run rings" around it ICAEW finance director Liz Rylatt in shock departure &nbsp;]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-hmrc-exposed-post-google-icaew-wrangles/</link><pubDate>Fri, 12 Feb 2016 15:51:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-hmrc-exposed-post-google-icaew-wrangles/</guid></item><item><title><![CDATA[HMRC denies multinationals "run rings" around it]]></title><description><![CDATA[Fraser Simpson accountancy_age HMRC bosses have defended the taxman's controversial &pound;130m settlement with Google during as MPs in the influential Public Accounts Committee claimed multinational companies were "running rings" around tax officials. Appearing before the cross-party committee, HMRC chief executive Dame Lin Homer denied HMRC gets "outmanoeuvred" by the likes of Google. "We make them pay more tax and if I am honest I would like to see more recognition of that," she told MPs. ..]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-denies-multinationals-run-rings-around-it/</link><pubDate>Fri, 12 Feb 2016 12:15:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-denies-multinationals-run-rings-around-it/</guid></item><item><title><![CDATA[The Practitioner: Accounting talent pool is running dry]]></title><description><![CDATA[The Practitioner accountancy_age WHAT'S HAPPENED to all the unemployed accountants looking for a job? I always thought that January was a good time to advertise for a vacancy, what with New Year resolutions and people looking for a fresh start in their career. It turns out I was wrong. The talent pool is running dry it seems. It's so desperate that I've had to resort to using recruitment agencies. The newspaper advert only returned...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/the-practitioner-accounting-talent-pool-is-running-dry/</link><pubDate>Fri, 12 Feb 2016 11:19:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/the-practitioner-accounting-talent-pool-is-running-dry/</guid></item><item><title><![CDATA[FRC to avoid further changes to codes and standards]]></title><description><![CDATA[Calum Fuller accountancy_age THE FRC is to refrain from introducing further codes and standards between now and 2019, and instead focus on "bedding in" and fully implementing existing changes to the code. Addressing FRC stakeholders at the regulator's annual priorities meeting, chief executive Stephen Hadrill (pictured) said it was important to ensure changes introduced to the body's codes and standards functioned correctly before any further change takes place. He said: "We have since the...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-to-avoid-further-changes-to-codes-and-standards/</link><pubDate>Thu, 11 Feb 2016 15:02:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-to-avoid-further-changes-to-codes-and-standards/</guid></item><item><title><![CDATA[FRC to avoid further changes to codes and standards]]></title><description><![CDATA[Calum Fuller accountancy_age THE FRC is to refrain from introducing further codes and standards between now and 2019, and instead focus on "bedding in" and fully implementing existing changes to the code. Addressing FRC stakeholders at the regulator's annual priorities meeting, chief executive Stephen Hadrill (pictured) said it was important to ensure changes introduced to the body's codes and standards functioned correctly before any further change takes place. He said: "We have since the...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-to-avoid-further-changes-to-codes-and-standards/</link><pubDate>Thu, 11 Feb 2016 15:02:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-to-avoid-further-changes-to-codes-and-standards/</guid></item><item><title><![CDATA[CCAB urges business to engage with EU reform debate]]></title><description><![CDATA[Chris Warmoll accountancy_age BUSINESSES should fully engage with the debate on EU reform and how its relationship with commerce could become more effective. That's the clarion call from the Consultative Committee of Accountancy Bodies (CCAB), the umbrella organisation for accountancy bodies in the UK and Ireland. The call follows the launch of a new CCAB-commissioned report, "Business in Europe: Research Reforms for Sustainable Growth", which stresses the importance of access to accurate, evid]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ccab-urges-business-to-engage-with-eu-reform-debate/</link><pubDate>Thu, 11 Feb 2016 11:27:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ccab-urges-business-to-engage-with-eu-reform-debate/</guid></item><item><title><![CDATA[‘Draconian’ GAAR penalties could breach human rights, taxation group warns]]></title><description><![CDATA[Fraser Simpson accountancy_age THE CIOT has reaffirmed its opposition to the General Anti-Abuse Rule (GAAR) penalty, with one expert fearing that it could breach taxpayer's human rights. GAAR was launched in 2013 but has yet to take on a single case, and worries still remain over what taxpayer activities could trigger action from the panel. The CIoT worries that the penalties associated with the anti-abuse rule will be coming into force before a single...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/draconian-gaar-penalties-could-breach-human-rights-taxation-group-warns/</link><pubDate>Thu, 11 Feb 2016 11:25:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/draconian-gaar-penalties-could-breach-human-rights-taxation-group-warns/</guid></item><item><title><![CDATA[SMEs reputation at risk of cyber attack]]></title><description><![CDATA[Small businesses are putting their reputation at risk by underestimating the impact of cyber-attacks, new research has found.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/smes-reputation-at-risk-of-cyber-attack/</link><pubDate>Thu, 11 Feb 2016 11:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/smes-reputation-at-risk-of-cyber-attack/</guid></item><item><title><![CDATA[SMEs reputation at risk of cyber attack]]></title><description><![CDATA[Small businesses are putting their reputation at risk by underestimating the impact of cyber-attacks, new research has found.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/smes-reputation-at-risk-of-cyber-attack/</link><pubDate>Thu, 11 Feb 2016 11:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/smes-reputation-at-risk-of-cyber-attack/</guid></item><item><title><![CDATA[RSA appoints UK and Western Europe chief auditor]]></title><description><![CDATA[Calum Fuller accountancy_age INSURER RSA has promoted its group insurance risk director Dave Howell to the role of chief auditor for the UK and Western Europe, subject to regulatory approval. Howell will head up the regional internal audit team providing independent assurance to the UK and Western Europe executive and group audit committee. He will report to group chief auditor Ralph Daals. The appointment comes two years after isues with RSA's irish arm's claims...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/rsa-appoints-uk-and-western-europe-chief-auditor/</link><pubDate>Thu, 11 Feb 2016 11:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/rsa-appoints-uk-and-western-europe-chief-auditor/</guid></item><item><title><![CDATA[Disgraced insolvency practitioner Kiran Kumar Mistry jailed]]></title><description><![CDATA[Chris Warmoll accountancy_age INSOLVENCY practitioner Kiran Kumar Mistry has been jailed for three years and six months after he was found guilty of conspiracy to defraud. The disgraced IP's sentence marks the end game of a decade-long investigation - Operation Barber - by officers from the Department of Business Innovation and Skills (BIS). Southwark Crown Court heard that nine Midlands companies were involved in the fraudulent activity between November 1998 and July 2007, the Insolvency Servi]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/disgraced-insolvency-practitioner-kiran-kumar-mistry-jailed/</link><pubDate>Thu, 11 Feb 2016 11:14:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/disgraced-insolvency-practitioner-kiran-kumar-mistry-jailed/</guid></item><item><title><![CDATA[Big Four among most frequent providers of hospitality to senior civil servants]]></title><description><![CDATA[Richard Crump accountancy_age GOVERNMENT officials accepted 7,980 forms of hospitality last year, with Big Four firms among the most frequent providers of hospitality to senior civil servants, a National Audit Office report has found. The NAO report, which recommends that rules on gifts and hospitality should be made more stringent after uncovering multiple weaknesses in controls within government, found that PwC, Deloitte, KPMG and EY were all in the top ten most frequent providers of gifts...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/big-four-among-most-frequent-providers-of-hospitality-to-senior-civil-servants/</link><pubDate>Wed, 10 Feb 2016 12:43:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/big-four-among-most-frequent-providers-of-hospitality-to-senior-civil-servants/</guid></item><item><title><![CDATA[Grant Thornton appoints two financial services advisory partners]]></title><description><![CDATA[Calum Fuller accountancy_age GRANT THORNTON&nbsp;has made two partner appointments in its financial services advisory practice. Alex Ellerton boasts more than 15 years' experience providing regulatory advisory services to financial services firms, with a particular focus on the retail market. He has worked with a cross-section of firms in meeting current and emerging regulatory requirements and has particular focus on investigation and remediation work. Ellerton also regularly carries out 'skil]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/grant-thornton-appoints-two-financial-services-advisory-partners/</link><pubDate>Wed, 10 Feb 2016 12:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/grant-thornton-appoints-two-financial-services-advisory-partners/</guid></item><item><title><![CDATA[HMRC defends Google tax deal ahead of PAC grilling]]></title><description><![CDATA[Richard Crump accountancy_age HMRC has released a comprehensive factsheet on its relationship with big businesses as it looks to defend itself over how it taxes multinationals, stating that it's "satisfied" with the amount of tax it received from Google. The factsheet has been published just two days before HMRC CEO Lin Homer and Google chief Matt Brittin appear before the Public Accounts Committee to defend themselves over HMRC's controversial tax deal with the Silicon Valley tech...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-defends-google-tax-deal-ahead-of-pac-grilling/</link><pubDate>Wed, 10 Feb 2016 12:17:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-defends-google-tax-deal-ahead-of-pac-grilling/</guid></item><item><title><![CDATA[Accountants among most recession-proof professions]]></title><description><![CDATA[Richard Crump accountancy_age ACCOUNTANCY is one of the most recession-proof private sector professions in the UK, according to an analysis of ONS and professional industry data. Analysis undertaken by Randstad Financial &amp; Professional found that, over the past 12 years, the total salary bill across the full-time accounting profession has increased by 11.5% over the past 12 years, while other professions with typically high numbers of private sector employees have seen their aggregate salar]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accountants-among-most-recession-proof-professions/</link><pubDate>Wed, 10 Feb 2016 12:02:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accountants-among-most-recession-proof-professions/</guid></item><item><title><![CDATA[Mazars posts rise in annual profits and fee income]]></title><description><![CDATA[Chris Warmoll accountancy_age MAZARS has announced a 14% uplift in UK turnover in the year to 31 August 2015. The top ten firm grew overall fee income from &pound;130.9m to &pound;149.7m and saw its profit rise 10% from &pound;26.2m to &pound;28.8m. Audit and actuarial services proved to be Mazars' main fee earner with a &pound;59.6m turnover, up 14% on the previous year, while advisory services leapt 25% from &pound;34.4m to &pound;42.9m, thanks to a...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/mazars-posts-rise-in-annual-profits-and-fee-income/</link><pubDate>Wed, 10 Feb 2016 11:54:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/mazars-posts-rise-in-annual-profits-and-fee-income/</guid></item><item><title><![CDATA[Monsanto to Pay $80 Million to Settle Charge of Improper Accounting]]></title><description><![CDATA[The S.E.C. said Monsanto misstated corporate profits over a three-year period because of a rebate program for its flagship herbicide product, Roundup.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/monsanto-to-pay-80-million-to-settle-charge-of-improper-accounting/</link><pubDate>Wed, 10 Feb 2016 01:33:41 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/monsanto-to-pay-80-million-to-settle-charge-of-improper-accounting/</guid></item><item><title><![CDATA[Monsanto to Pay $80 Million to Settle Charges of Improper Accounting]]></title><description><![CDATA[The S.E.C. said Monsanto misstated corporate profits over a three-year period because of a rebate program for its flagship herbicide product, Roundup.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/monsanto-to-pay-80-million-to-settle-charges-of-improper-accounting/</link><pubDate>Tue, 09 Feb 2016 21:05:07 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/monsanto-to-pay-80-million-to-settle-charges-of-improper-accounting/</guid></item><item><title><![CDATA[KPMG announces new UK head of audit]]></title><description><![CDATA[KPMG has appointed Adrian Stone as its new head of audit in the UK, having been its interim head since November 2015.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-announces-new-uk-head-of-audit/</link><pubDate>Tue, 09 Feb 2016 16:22:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-announces-new-uk-head-of-audit/</guid></item><item><title><![CDATA[Zenith Hygiene Group appoints PwC as auditors]]></title><description><![CDATA[Chris Warmoll accountancy_age ZENITH Hygiene Group, the UK's largest independent manufacturer of cleaning and hygiene products, has indulged in an early spring clean of its audit function with the announcement that it is to replace incumbent Baker Tilly with PwC. The 20-year-old company's audit was worth &pound;113,000 in 2015. Ringo Francis, CEO of Zenith Hygiene, said: "I was very impressed with PwC's approach to our business. As Zenith prepares for the next phases in its growth...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/zenith-hygiene-group-appoints-pwc-as-auditors/</link><pubDate>Tue, 09 Feb 2016 12:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/zenith-hygiene-group-appoints-pwc-as-auditors/</guid></item><item><title><![CDATA[KS International and Morison International merge to create $1bn association]]></title><description><![CDATA[Richard Crump accountancy_age KS International (KSi) and Morison International (MI) have merged to form a $1bn (&pound;700m) strong international association. The name of the new association will be Morison KSi and will have 1,201 partners, 8,990 professional staff across 375 offices in 88 countries. The merger will be effective as of 1 April 2016. The merger provides MI with a strong UK member in Kingston Smith, the top 20 firm and founding member of...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ks-international-and-morison-international-merge-to-create-1bn-association/</link><pubDate>Tue, 09 Feb 2016 12:15:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ks-international-and-morison-international-merge-to-create-1bn-association/</guid></item><item><title><![CDATA[ICAEW finance director Liz Rylatt in shock departure]]></title><description><![CDATA[Richard Crump accountancy_age LIZ RYLATT has unexpectedly quit as finance director at ICAEW, Accountancy Age has learned. Rylatt, who joined ICAEW in 2014 with overall responsibility for the institute's financial management, has quit as FD with immediate effect. A &lsquo;difference of opinion' at board level may have contributed to her sudden departure, one person with knowledge of the situation told Accountancy Age. The long-serving BBC executive brought "a significant wealth of experience"...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/icaew-finance-director-liz-rylatt-in-shock-departure/</link><pubDate>Tue, 09 Feb 2016 12:12:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/icaew-finance-director-liz-rylatt-in-shock-departure/</guid></item><item><title><![CDATA[Acquisition target passes FRP's Litmus test]]></title><description><![CDATA[Chris Warmoll accountancy_age FRP ADVISORY has acquired Litmus Advisory, adding three debt advisory partners in the process. The trio of Dave Edwards, Nick Grainger and Andy Dimmock, will join FRP Advisory as partners in the firm's London office and will continue to provide advice to borrowers across the UK, US and European on the structuring of debt facilities and who are likely to use asset based lending. They boast experience in a range of...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/acquisition-target-passes-frps-litmus-test/</link><pubDate>Tue, 09 Feb 2016 12:12:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/acquisition-target-passes-frps-litmus-test/</guid></item><item><title><![CDATA[Taxman seizes over £2bn from accelerated payments]]></title><description><![CDATA[Fraser Simpson accountancy_age OVER &pound;2bn has been collected by HM revenue &amp; Customs in accelerated payment notices, as the taxman continues its battle against aggressive tax avoidance schemes. HMRC&nbsp; gained over &pound;1bn in 2015 via APNs, having hauled in a similar amount in 2014, the first year in which it gained powers to collect disputed tax upfront. The government department uses the notices to demand tax that it believes is owed before the underlying...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/taxman-seizes-over-2bn-from-accelerated-payments/</link><pubDate>Tue, 09 Feb 2016 12:01:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/taxman-seizes-over-2bn-from-accelerated-payments/</guid></item><item><title><![CDATA[KPMG appoints Adrian Stone as UK head of audit]]></title><description><![CDATA[Calum Fuller accountancy_age KPMG has appointed Adrian Stone as its UK head of audit with immediate effect, succeeding Tony Cates who now leads KPMG's international markets and government practice. Stone joined KPMG's Sheffield office in 1984 and has been an audit partner since 1997. He&nbsp; previously held several senior roles in KPMG's audit practice including head of audit for the north of England and Scotland, chief operating officer for the UK audit practice, head of internal...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-appoints-adrian-stone-as-uk-head-of-audit/</link><pubDate>Tue, 09 Feb 2016 11:59:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-appoints-adrian-stone-as-uk-head-of-audit/</guid></item><item><title><![CDATA[FRC says audits in UK are not consistent]]></title><description><![CDATA[UK firms are not maintaining a consistently high standard of auditing and some work is falling short of expectations, according to the UK Financial Reporting Council (FRC) latest audit quality review.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-says-audits-in-uk-are-not-consistent/</link><pubDate>Mon, 08 Feb 2016 17:16:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-says-audits-in-uk-are-not-consistent/</guid></item><item><title><![CDATA[Ben Sherman in pre-pack deal]]></title><description><![CDATA[Chris Warmoll accountancy_age BEN SHERMAN, the British fashion brand beloved by 1960's mods and 1990's Britpop bands, has been sold in a pre-pack administration deal. Leeds-based BMB Clothing Limited, which operates the Jeff Banks and Suit Direct shops acquired the business from US outfit, Marquee Brands, just six months after shelling out for the company. Up to 100 jobs are potentially under threat both at it network of stores and offices. Three outlets - all...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ben-sherman-in-pre-pack-deal/</link><pubDate>Mon, 08 Feb 2016 15:30:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ben-sherman-in-pre-pack-deal/</guid></item><item><title><![CDATA[HMRC condemns Growth Securities Ownerships Plan]]></title><description><![CDATA[Fraser Simpson accountancy_age TAX AVOIDANCE schemes that are based on contracts for difference have been labelled "ineffective" by HMRC as it looks to challenge any employer that's using the initiative. These claims by the tax department come nearly seven years after a major accountancy firm was criticised for introducing the scheme to its clients. The Growth Securities Ownership Plan (GSOP) is a tax avoidance scheme which is based on contracts for difference, a system...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-condemns-growth-securities-ownerships-plan/</link><pubDate>Mon, 08 Feb 2016 12:35:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-condemns-growth-securities-ownerships-plan/</guid></item><item><title><![CDATA[KPMG brought in as struggling BHS looks to cut costs]]></title><description><![CDATA[Chris Warmoll accountancy_age KPMG has been engaged by struggling retailer BHS to explore a number of options to shrink its store empire. Among the possible routes being explored by the Big Four firm, according to The Sunday Telegraph, are a company voluntary arrangement (CVA) and individual negotiations with landlords to reduce rental outlays. The company's owners - Retail Acquisitions - are believed to be looking at closing up to 50 of its 170 shops. ...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-brought-in-as-struggling-bhs-looks-to-cut-costs/</link><pubDate>Mon, 08 Feb 2016 12:29:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-brought-in-as-struggling-bhs-looks-to-cut-costs/</guid></item><item><title><![CDATA[Grant Thornton outlines shared enterprise strategy]]></title><description><![CDATA[Richard Crump accountancy_age GRANT THORNTON has outlined a five year strategic plan to grow the business and adopt a shared enterprise model in the firm's first strategic review under the leadership of Sacha Romanovitch. The strategic review sets out a three-pronged strategy, Vision 2020, based on building trust and integrity in markets; unlocking sustainable growth for dynamic businesses; and creating environments in which business and people flourish. The firm is adopting a shared enterprise]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/grant-thornton-outlines-shared-enterprise-strategy/</link><pubDate>Mon, 08 Feb 2016 12:12:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/grant-thornton-outlines-shared-enterprise-strategy/</guid></item><item><title><![CDATA[FRC highlights flaws in audit engagement review processes]]></title><description><![CDATA[Calum Fuller accountancy_age THE FRC has expressed concerns that firms fail to maintain a consistently high standard of auditing, and highlighted the role of engagement quality control. A thematic review undertaken by the audit watchdog's quality review team&nbsp;identified weaknesses&nbsp;in a tenth of audits it reviewed which the firms' enagagement quality control process had failed to identify. It added firms can and should do more to assess the impact of the engagement quality control revie]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-highlights-flaws-in-audit-engagement-review-processes/</link><pubDate>Mon, 08 Feb 2016 12:07:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-highlights-flaws-in-audit-engagement-review-processes/</guid></item><item><title><![CDATA[Baldwins adds more firms to its empire]]></title><description><![CDATA[Chris Warmoll accountancy_age BALDWINS accountants has acquired four more offices across the Midlands, marking the firm's 11th such purchase in 12 months and swelling staff numbers to 400. The latest firms to be bought are Fox Evans in Coventry; Andrews, Orme &amp; Hinton in Shrewsbury; Geraint Humphreys &amp; Co in Oswestry and Ilkeston's Gorings Chartered Accountants. David Baldwin, a partner at the firm, said: "Last year was the strongest period of growth in our...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/baldwins-adds-more-firms-to-its-empire/</link><pubDate>Mon, 08 Feb 2016 11:52:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/baldwins-adds-more-firms-to-its-empire/</guid></item><item><title><![CDATA[Friday Afternoon Live: Kids Company report and Grant Thornton's strategy]]></title><description><![CDATA[Accountancy Age Staff accountancy_age &nbsp; Click here for more on Kids Company and look out next week for news and analysis on Grant Thornton's strategy annoucement.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-kids-company-report-and-grant-thorntons-strategy/</link><pubDate>Fri, 05 Feb 2016 15:15:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-kids-company-report-and-grant-thorntons-strategy/</guid></item><item><title><![CDATA[Probe into KPMG's audit of failed bank HBOS intensifies]]></title><description><![CDATA[The British Treasury Select Committee has upped political pressure on the UK Financial Reporting Council (FRC) over its probe into KPMG&rsquo;s audit work for failed bank HBOS in the run-up to the 2008 financial crisis]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/probe-into-kpmgs-audit-of-failed-bank-hbos-intensifies/</link><pubDate>Fri, 05 Feb 2016 14:56:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/probe-into-kpmgs-audit-of-failed-bank-hbos-intensifies/</guid></item><item><title><![CDATA[Third of accountants actively looking for a new job]]></title><description><![CDATA[Richard Crump accountancy_age ACCOUNTANCY bosses could be at risk of losing vital talent within their organisation, according to research issued by global job board CareersinAudit.com. More than a third of accountants (34%) admitted they are actively looking for a new job and this figure rises to nearly two thirds (63%) within the next six months to a year. The top reason cited was a desire to work abroad, followed by a failure to receive...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/third-of-accountants-actively-looking-for-a-new-job/</link><pubDate>Fri, 05 Feb 2016 11:39:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/third-of-accountants-actively-looking-for-a-new-job/</guid></item><item><title><![CDATA[‘Gamekeeper-turned-poachers’ undermining HMRC, study finds]]></title><description><![CDATA[Fraser Simpson accountancy_age REFORMS to HM Revenue &amp; Customs has created a &lsquo;glut of gamekeeper-turned-poacher' tax experts who pose a threat to the professional value of accountants, research has found. A study by Warwick Business School and the University of Birmingham found that individuals who leave HMRC for the private sector are ideally placed to exploit new management reforms to help companies avoid tax and undermine the tax profession. The research, which looked at...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/gamekeeper-turned-poachers-undermining-hmrc-study-finds/</link><pubDate>Fri, 05 Feb 2016 11:37:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/gamekeeper-turned-poachers-undermining-hmrc-study-finds/</guid></item><item><title><![CDATA[Accountant jailed for tax fraud]]></title><description><![CDATA[Fraser Simpson accountancy_age AN ACCOUNTANT who set up bogus businesses and used former clients' details to try to steal more than &pound;86,000 in tax repayments has been jailed for 20 months. Angelo Luca, 34, was arrested in December 2014 after an HMRC investigation into his tax affairs revealed he had set himself up as a director of three businesses, including an Italian delicatessen and coffee shop - none of which ever traded. In an...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accountant-jailed-for-tax-fraud/</link><pubDate>Fri, 05 Feb 2016 11:37:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accountant-jailed-for-tax-fraud/</guid></item><item><title><![CDATA[FRC endorses new IFRS requirement on debt disclosure]]></title><description><![CDATA[Calum Fuller accountancy_age NEW IASB rules&nbsp;requiring companies to disclose changes in liabilities in the financing section of cash flow statements from 2017 have been welcomed by the FRC. The improvements to disclosures included in amendments to IAS 7&nbsp;compel companies to provide information about changes in their financing liabilities and come as a response to requests from investors for information that helps them better understand changes in a company's debt. The amendments are des]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-endorses-new-ifrs-requirement-on-debt-disclosure/</link><pubDate>Fri, 05 Feb 2016 11:36:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-endorses-new-ifrs-requirement-on-debt-disclosure/</guid></item><item><title><![CDATA[Claims management group Rebus falls into administration]]></title><description><![CDATA[Fraser Simpson accountancy_age REBUS, the tax avoidance claims group that is said to have been managing more than &pound;930m in business, has collapsed and gone into administration. The insolvency process is being managed by practitioners from London-based firm ReSolve. Last year, more than 100 people poured money into the claims management practice via a crowdfunding platform, making it one of the most successful British fundraising rounds on the site. According to Rebus'...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/claims-management-group-rebus-falls-into-administration/</link><pubDate>Thu, 04 Feb 2016 12:33:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/claims-management-group-rebus-falls-into-administration/</guid></item><item><title><![CDATA[RSM announces 6% growth globally]]></title><description><![CDATA[Calum Fuller accountancy_age RSM has announced that it grew 6% globally last year, making it the sixth-largest annountancy network worldwide. Its results to the year ended 31 December 2015 show its overall fee income hit $4.64bn (&pound;3bn). Fee income was up 10% in the USA, 10% in Europe (based on fee income in local currencies), 6% in Middle East and North Africa, 1% in Asia Pacific, and 9% in Latin America. Audit and accountancy fees increased...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/rsm-announces-6-growth-globally/</link><pubDate>Thu, 04 Feb 2016 12:05:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/rsm-announces-6-growth-globally/</guid></item><item><title><![CDATA[Right Hand joins main body of RSM]]></title><description><![CDATA[Chris Warmoll accountancy_age RSM has bought HR consulting business Right Hand HR Limited for an undisclosed sum. Based in High Wycombe with operations in London, Newcastle, Chester and Exeter, the company offers services including human resource management, employment law compliance, payroll, recruitment, training, development, change management and health and safety. It has also developed a proprietary cloud-based HR IT system application, PeopleLog, designed to reduce clients' administrative]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/right-hand-joins-main-body-of-rsm/</link><pubDate>Thu, 04 Feb 2016 12:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/right-hand-joins-main-body-of-rsm/</guid></item><item><title><![CDATA[Are you Ind-AS ready?]]></title><description><![CDATA[The new Indian accounting standards (Ind AS), which converge with International Financial Reporting Standards (IFRS) but have key differences, will apply to certain companies in the country that are worth INR500 crores ($92.6m) or more from April 2016.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/are-you-ind-as-ready/</link><pubDate>Wed, 03 Feb 2016 15:24:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/are-you-ind-as-ready/</guid></item><item><title><![CDATA[Confidence among accountants in the UK hits its lowest point in three years]]></title><description><![CDATA[Nonetheless, confidence has remained in a positive domain despite bleak economic reports surfacing over the last month, the ICAEW and Grant Thornton&rsquo;s UK business confidence monitor shows]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/confidence-among-accountants-in-the-uk-hits-its-lowest-point-in-three-years/</link><pubDate>Wed, 03 Feb 2016 12:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/confidence-among-accountants-in-the-uk-hits-its-lowest-point-in-three-years/</guid></item><item><title><![CDATA[Confidence among accountants in the UK hits it lowest point in three years]]></title><description><![CDATA[Nonetheless, confidence has remained in a positive domain despite bleak economic reports surfacing over the last month, the ICAEW and Grant Thornton&rsquo;s UK business confidence monitor shows]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/confidence-among-accountants-in-the-uk-hits-it-lowest-point-in-three-years/</link><pubDate>Wed, 03 Feb 2016 12:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/confidence-among-accountants-in-the-uk-hits-it-lowest-point-in-three-years/</guid></item><item><title><![CDATA[Confidence among accountants in the UK has hits it lowest point in three years]]></title><description><![CDATA[Nonetheless, confidence has remained in a positive domain despite bleak economic reports surfacing over the last month, the ICAEW and Grant Thornton&rsquo;s UK business confidence monitor shows]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/confidence-among-accountants-in-the-uk-has-hits-it-lowest-point-in-three-years/</link><pubDate>Wed, 03 Feb 2016 12:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/confidence-among-accountants-in-the-uk-has-hits-it-lowest-point-in-three-years/</guid></item><item><title><![CDATA[Deloitte introduces regulatory compliance service]]></title><description><![CDATA[Fraser Simpson accountancy_age DELOITTE has announced the release of its new regulatory and investor reporting tool, helping banks, asset managers and insurance firms cope with high levels of regulation and complex tax guidelines. Prisma looks to cut down the compliance burden for its clients by using one set of data to create multiple reports for regulatory and investor requirements. The service comes almost a year before the introduction of regulation on packaged retail and...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/deloitte-introduces-regulatory-compliance-service/</link><pubDate>Tue, 02 Feb 2016 14:12:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/deloitte-introduces-regulatory-compliance-service/</guid></item><item><title><![CDATA[Majority of tax payers file self-assessment returns online]]></title><description><![CDATA[Fraser Simpson accountancy_age HMRC has revealed that 10.4 million tax returns have been handed in on time this year, an increase of 150,000 on last year, while over nine million have been handed in digitally. As the tax authority continues its move towards digital services, 89% of taxpayers opted to use HMRC's online self-assessment service to calculate and pay the tax they owe. Using technology the government department were able to intercept more than &pound;96m worth...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/majority-of-tax-payers-file-self-assessment-returns-online/</link><pubDate>Tue, 02 Feb 2016 14:11:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/majority-of-tax-payers-file-self-assessment-returns-online/</guid></item><item><title><![CDATA[Sage goes real-time with Sage Live]]></title><description><![CDATA[Calum Fuller accountancy_age FTSE 100&nbsp;accounting software vendor Sage has confirmed the launch of real-time product Sage Live. Developed in partnership with Salesforce, Sage Live is built on the Salesforce App Cloud, an enterprise platform as a service (PaaS), which enables businesses to run completely in the cloud with access to real-time source of information. Sage Live is available on subscription starting at &pound;15 month per business user and &pound;30 per month per full user...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sage-goes-real-time-with-sage-live/</link><pubDate>Tue, 02 Feb 2016 14:09:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sage-goes-real-time-with-sage-live/</guid></item><item><title><![CDATA[Treasury doesn’t function as modern finance ministry, claims ICAEW]]></title><description><![CDATA[Calum Fuller accountancy_age HM TEASURY is in need of reform and restructuring if it is to effectively tackle the deficit, be more efficient in spending taxpayers' money and empower political decision making, according to the ICAEW. In 2015/16 the government expects to spend &pound;756bn of public money to meet the delivery of public services, its financial obligations and invest in equipment and infrastructure. In its report, Modern Finance Ministry, the ICAEW says good financial...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/treasury-doesnt-function-as-modern-finance-ministry-claims-icaew/</link><pubDate>Tue, 02 Feb 2016 12:29:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/treasury-doesnt-function-as-modern-finance-ministry-claims-icaew/</guid></item><item><title><![CDATA[Fund set up for accountant killed by African poachers]]></title><description><![CDATA[Chris Warmoll accountancy_age A FORMER Moore Stephens accountant who turned his back on the profession to become a helicopter pilot in Africa has been killed by elephant poachers in Tanzania. Roger Gower died after his chopper was shot at by the AK-47-wielding gang that he was tracking from the air across the Maswa game reserve in the East African country. The 37-year-old Bristol University graduate was working with charity the Friedkin Conservation Fund when he...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/fund-set-up-for-accountant-killed-by-african-poachers/</link><pubDate>Tue, 02 Feb 2016 12:21:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/fund-set-up-for-accountant-killed-by-african-poachers/</guid></item><item><title><![CDATA[Accountancy students push for online-only training]]></title><description><![CDATA[Kevin Reed accountancy_age ONLY A THIRD of accountancy training managers have offered online tutoring to their students, despite a demand for e-learning. A study of more than 650 accountancy training managers and students from the audiences of Accountancy Age and Home Learning College (HLC) found a delivery gap between the two parties. Four out of five (79%) students would consider an online only format for the studies, while just a third of managers have...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accountancy-students-push-for-online-only-training/</link><pubDate>Tue, 02 Feb 2016 11:26:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accountancy-students-push-for-online-only-training/</guid></item><item><title><![CDATA[Firms criticised by MPs over failure to report 'scale of risk' carried by Kids Company]]></title><description><![CDATA[Calum Fuller accountancy_age THREE accountancy firms have been&nbsp;criticised by MPs for failing to report the scale of risk carried by charity Kids Company prior to its collapse into adminsitration last year.&nbsp; MPs in the Public Administration and Constitutional Affairs Committee found that&nbsp;PwC, PKF Littlejohn and Kingston Smith - who all undertook work relating to the charity - each failed to report the scale of risk carried by Kids Company to the charity's trustees, the Cabinet Off]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/firms-criticised-by-mps-over-failure-to-report-scale-of-risk-carried-by-kids-company/</link><pubDate>Mon, 01 Feb 2016 12:24:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/firms-criticised-by-mps-over-failure-to-report-scale-of-risk-carried-by-kids-company/</guid></item><item><title><![CDATA[European Commission could investigate Google’s ‘sweetheart’ tax deal]]></title><description><![CDATA[The European Commission could examine Google&rsquo;s &pound;130m ($186m) &lsquo;sweetheart&rsquo; tax-deal with the British government following a letter of complaint from the Scottish National Party to the EU competition chief, the EC told this magazine.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/european-commission-could-investigate-googles-sweetheart-tax-deal/</link><pubDate>Fri, 29 Jan 2016 17:50:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/european-commission-could-investigate-googles-sweetheart-tax-deal/</guid></item><item><title><![CDATA[European Commission could investigate Google’s ‘sweetheart’ tax deal]]></title><description><![CDATA[The European Commission could examine Google&rsquo;s &pound;130m ($186m) &lsquo;sweetheart&rsquo; tax-deal with the British government following a letter of complaint from the Scottish National Party to the EU competition chief, the EC told this magazine.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/european-commission-could-investigate-googles-sweetheart-tax-deal/</link><pubDate>Fri, 29 Jan 2016 17:50:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/european-commission-could-investigate-googles-sweetheart-tax-deal/</guid></item><item><title><![CDATA[Friday Afternoon Live: Google, tax and audit thresholds]]></title><description><![CDATA[Accountancy Age Staff accountancy_age The Friday Afternoon Live broadcast from 29 January isn't here because, well, the video didn't work properly. Sorry. So here's a quick roundup of the show, presented by Accountancy Age's Kevin Reed. Tax dominated the news. Not that it has been out the headlines much in recent times, but the last week was exceptional. From Google's payout to the Treasury, The EU's latest plan to attack tax avoidance, through...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-google-tax-and-audit-thresholds/</link><pubDate>Fri, 29 Jan 2016 16:20:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-google-tax-and-audit-thresholds/</guid></item><item><title><![CDATA[Mandatory environmental reporting could discourage innovation: UK FRC’s Haddrill]]></title><description><![CDATA[Regulatory intervention on environmental reporting matters can wait until the market probes it cannot make satisfactory progress, Stephen Haddrill, CEO of the UK Financial Reporting Council (FRC), said yesterday at an event in London hosted by the Climate Disclosure Standards Board (CDSB).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/mandatory-environmental-reporting-could-discourage-innovation-uk-frcs-haddrill/</link><pubDate>Fri, 29 Jan 2016 15:26:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/mandatory-environmental-reporting-could-discourage-innovation-uk-frcs-haddrill/</guid></item><item><title><![CDATA[Mandatory environmental reporting could discourage innovation: UK FRC’s Haddrill]]></title><description><![CDATA[Regulatory intervention on environmental reporting matters can wait until the market probes it cannot make satisfactory progress, Stephen Haddrill, CEO of the UK Financial Reporting Council (FRC), said yesterday at an event in London hosted by the Climate Disclosure Standards Board (CDSB).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/mandatory-environmental-reporting-could-discourage-innovation-uk-frcs-haddrill/</link><pubDate>Fri, 29 Jan 2016 15:26:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/mandatory-environmental-reporting-could-discourage-innovation-uk-frcs-haddrill/</guid></item><item><title><![CDATA[Corporate and personal insolvencies fall, latest figures reveal]]></title><description><![CDATA[Chris Warmoll accountancy_age COMPANY insolvencies in 2015 were at their lowest level since 1989, the latest Insolvency Service figures published today, reveal. The downward trend was primarily driven by a decrease in compulsory liquidations, which fell to the lowest annual total since 1981. Personal insolvencies followed a similar trajectory, with the total individual insolvencies recording their lowest annual level since 2005. The last quarter of 2015 showed a 10.5% fall on the same period...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/corporate-and-personal-insolvencies-fall-latest-figures-reveal/</link><pubDate>Fri, 29 Jan 2016 12:47:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/corporate-and-personal-insolvencies-fall-latest-figures-reveal/</guid></item><item><title><![CDATA[FRC: Extended auditor reporting welcomed by investors]]></title><description><![CDATA[Calum Fuller accountancy_age EXTENDED AUDITOR REPORTING&nbsp;has allowed investors to glean far greater information and understanding of the state of their businesses, the FRC has found in its latest report. Auditors continued to develop high quality, accessible reports in the second year of extended auditor reporting according to an FRC survey Extended auditor's reports: A further review of experience. In particular, reports which have earned the greatest praise from investors tend to be well]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-extended-auditor-reporting-welcomed-by-investors/</link><pubDate>Fri, 29 Jan 2016 11:51:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-extended-auditor-reporting-welcomed-by-investors/</guid></item><item><title><![CDATA[Scott-Moncrieff assembles new board for 2016]]></title><description><![CDATA[Fraser Simpson accountancy_age SCOTT-MONCRIEFF has appointed a new board to oversee its growth and expansion, after the firm merged with Inverness-based practice Callander Colgan last year. The task force will be responsible with leading the delivery of a five-year strategy for the firm, as it looks to boost income by 50% between now and 2020. On the board are Stewart MacDonald (managing partner), Bernadette Higgins, Chris Brown, Nick Bennett and Gareth Magee. They will...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/scott-moncrieff-assembles-new-board-for-2016/</link><pubDate>Fri, 29 Jan 2016 11:45:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/scott-moncrieff-assembles-new-board-for-2016/</guid></item><item><title><![CDATA[Russell Brennan Keane appoint new managing partner]]></title><description><![CDATA[Richard Crump accountancy_age DUBLIN-based accountants Russell Brennan Keane have appointed of David Gleeson as its new managing partner, effective 1 February 2016. He succeeds Liam Rattigan, who was head of the firm since 2004. Gleeson became a partner of the firm in 2000. He specialises in corporate recovery and business support services and advises some of the largest and most successful clients of the firm. Rattigan commented "I am delighted to pass...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/russell-brennan-keane-appoint-new-managing-partner/</link><pubDate>Fri, 29 Jan 2016 11:41:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/russell-brennan-keane-appoint-new-managing-partner/</guid></item><item><title><![CDATA[PwC appoints Issy Corbett as healthcare M&amp;A partner]]></title><description><![CDATA[Richard Crump accountancy_age PWC has appointed Issy Corbett as a partner to lead its healthcare M&amp;A team. He joins PwC from Rothschild, where he worked for ten years covering healthcare in the UK and continental Europe. During his time at Rothschild, Corbett worked on a number of completed transactions spanning M&amp;A, IPO, sale and leaseback and refinancing. In his new role, he will lead PwC's healthcare M&amp;A team, based in London, and...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pwc-appoints-issy-corbett-as-healthcare-mampa-partner/</link><pubDate>Fri, 29 Jan 2016 11:41:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pwc-appoints-issy-corbett-as-healthcare-mampa-partner/</guid></item><item><title><![CDATA[CEO at Langdowns DFK steps down after 39 years]]></title><description><![CDATA[Richard Crump accountancy_age BOB LAW, chief executive of Hampshire accountancy firm Langdowns DFK, is stepping down from his position after 39 years at the firm, on January 31. International director, Neil Raynsford, will take over the role of CEO. Raynsford has been with the practice for 20 years and is excited by the opportunities ahead for the expanding business. Bob will continue on at the firm until his retirement on the 30th April. ...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ceo-at-langdowns-dfk-steps-down-after-39-years/</link><pubDate>Fri, 29 Jan 2016 11:39:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ceo-at-langdowns-dfk-steps-down-after-39-years/</guid></item><item><title><![CDATA[EC steps up efforts to clamp down on multinational tax avoidance]]></title><description><![CDATA[Richard Crump accountancy_age THE European Commission has proposed new rules to restrict companies shifting their profits to low tax jurisdictions as part of a package of measures aimed at curbing multinational companies' aggressive tax practices. It calls on member states to take a stronger and more coordinated stance against tax avoidance and suggests that tax authorities share tax-related information on multinationals operating in the EU, as earlier agreed by 31 countries in a deal with the.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ec-steps-up-efforts-to-clamp-down-on-multinational-tax-avoidance/</link><pubDate>Thu, 28 Jan 2016 18:26:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ec-steps-up-efforts-to-clamp-down-on-multinational-tax-avoidance/</guid></item><item><title><![CDATA[MPs launch inquiry into UK corporate tax system]]></title><description><![CDATA[Fraser Simpson accountancy_age MPs have launched an inquiry into the UK's corporate tax system in an effort to address the vulnerability of the country's tax base. The Treasury Committee announced that it would consider whether a radical shakeup of the tax system is required to address the problem of the UK's shrinking tax base after controversy over the amount of tax paid by Google. Andrew Tyrie MP, chairman of the Treasury Committee, said the...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/mps-launch-inquiry-into-uk-corporate-tax-system/</link><pubDate>Thu, 28 Jan 2016 13:32:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/mps-launch-inquiry-into-uk-corporate-tax-system/</guid></item><item><title><![CDATA[European Commission could investigate Google deal, says Vestager]]></title><description><![CDATA[Fraser Simpson accountancy_age THE EU's competition commissioner Margrethe Vestager has opened the door to a potential investigation into Google's tax dealings if somebody comes forward and makes a complaint. Critics both in the UK and abroad have questioned Google's &pound;130m payment in back taxes to HMRC, with shadow chancellor John McDonnell labelling it as "sweetheart" deal with the technology company. Speaking on BBC Radio 4's Today programme, Vestager called the sweetheart deal "unfair"]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/european-commission-could-investigate-google-deal-says-vestager/</link><pubDate>Thu, 28 Jan 2016 12:44:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/european-commission-could-investigate-google-deal-says-vestager/</guid></item><item><title><![CDATA[OECD tax transparency deal receives international agreement]]></title><description><![CDATA[Fraser Simpson accountancy_age IN an effort to crack down on tax avoidance by multinationals, 31 countries yesterday agreed to sign an OECD agreement on tax co-operation, enabling the sharing of country-by-country reports. The Multilateral Competent Authority Agreement (MCAA) was signed at the OECD's headquarters in Paris yesterday, including signatures from the UK, France, Germany, Luxembourg and Ireland, the country where Google currently books its UK sales. The agreement aims to help authori]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/oecd-tax-transparency-deal-receives-international-agreement/</link><pubDate>Thu, 28 Jan 2016 12:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/oecd-tax-transparency-deal-receives-international-agreement/</guid></item><item><title><![CDATA[Scots insolvencies continue to fall]]></title><description><![CDATA[Chris Warmoll accountancy_age THE LATEST figures from Scotland&rsquo;s Insolvency Service show a deepening trend for a long-term decline in personal insolvencies. Accountant in Bankruptcy (AiB), the body responsible for administering the process of personal bankruptcy and recording corporate insolvencies in Scotland, said the number of total personal insolvencies had dropped 11% on the same period a year ago. Total personal insolvencies, which include bankruptcies and protected trust deeds, tot]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/scots-insolvencies-continue-to-fall/</link><pubDate>Thu, 28 Jan 2016 11:57:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/scots-insolvencies-continue-to-fall/</guid></item><item><title><![CDATA[Stagecoach set for EY audit appointment]]></title><description><![CDATA[Calum Fuller accountancy_age EY has been earmarked to take on FTSE 250 travel provider Stagecoach's audit from the financial year commencing in April 2016. Incumbent auditor PwC will undertake the external audit for the year ending 30 April 2016, having been reappointed at the 2015 AGM. In 2015, the audit was worth &pound;976,000 to PwC, with &pound;834,000 derived from audit work and &pound;146,000 from non-audit undertakings, according to Stagecoach's 2015 annual report.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/stagecoach-set-for-ey-audit-appointment/</link><pubDate>Thu, 28 Jan 2016 11:24:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/stagecoach-set-for-ey-audit-appointment/</guid></item><item><title><![CDATA[RSM predicts 16% jump in Debt Relief Orders]]></title><description><![CDATA[Chris Warmoll accountancy_age RSM expects the volume of Debt Relief Orders (DROs) for the fourth quarter of 2015 to have risen by 16%, while bankruptcies are down. Data complied by RSM suggests that the Insolvency Service will announce tomorrow (29 January) that there were around 20,000 personal insolvencies in England and Wales in the final quarter of 2015. The figures also suggest a decrease in bankruptcies to around 3,500, and around 10,000 Individual Voluntary...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/rsm-predicts-16-jump-in-debt-relief-orders/</link><pubDate>Thu, 28 Jan 2016 11:20:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/rsm-predicts-16-jump-in-debt-relief-orders/</guid></item><item><title><![CDATA[BDO appoints three new partners]]></title><description><![CDATA[Richard Crump accountancy_age BDO has appointed three new partners to its tax and audit teams. Stephanie Wilson, who specialises in UK and international tax, joins BDO from RSM (formerly Baker Tilly) where she was head of employer solutions for the south. She previously worked at Big Four firms Deloitte and KPMG. David I'Anson joins the audit team from Mazars, where he led the audit service line for the south region, following 18...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/bdo-appoints-three-new-partners/</link><pubDate>Thu, 28 Jan 2016 11:14:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/bdo-appoints-three-new-partners/</guid></item><item><title><![CDATA[News brief: FASB proposes changes to financial reporting of retirement benefits]]></title><description><![CDATA[The US Financial Accounting Standards Board (FASB) has proposed two changes to the financial reporting of retirement benefits]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-fasb-proposes-changes-to-financial-reporting-of-retirement-benefits/</link><pubDate>Wed, 27 Jan 2016 17:22:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-fasb-proposes-changes-to-financial-reporting-of-retirement-benefits/</guid></item><item><title><![CDATA[Osborne needs to explain himself over Google deal, demands French MEP]]></title><description><![CDATA[Fraser Simpson accountancy_age EUROPEAN MINISTERS want to drag George Osborne (pictured) into the European Parliamentary Committee to explain himself over the "very bad deal" that has been agreed between HMRC and Google. The tax authority recently announced that Google has agreed to pay &pound;130m in back taxes following a six-year investigation from the government department. The deal has been widely criticised by finance professionals, with shadow chancellor John McDonnell labelling it as a]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/osborne-needs-to-explain-himself-over-google-deal-demands-french-mep/</link><pubDate>Wed, 27 Jan 2016 12:42:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/osborne-needs-to-explain-himself-over-google-deal-demands-french-mep/</guid></item><item><title><![CDATA[Izza 'disappointed' by government decision to raise audit exemption threshold]]></title><description><![CDATA[Calum Fuller accountancy_age CONCERNS over the quality of financial reports have gone unheeded as the government pressed ahead with raising the audit exemption threshold to its maximum level. ICAEW chief executive Michael Izza (pictured) expressed his disappointment with the decision, which sees companies with &pound;10.2m in turnover, a balance sheet total of up to &pound;5.1m and up to 50 employees exempt from requiring an audit. In a written statement to the House of Commons,...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/izza-disappointed-by-government-decision-to-raise-audit-exemption-threshold/</link><pubDate>Wed, 27 Jan 2016 11:49:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/izza-disappointed-by-government-decision-to-raise-audit-exemption-threshold/</guid></item><item><title><![CDATA[DWP faces “real test” over SME auto-enrolment]]></title><description><![CDATA[Fraser Simpson accountancy_age THE PAC has expressed concerns over the DWP's access to real time information when implementing auto-enrolment for small employers. In its report, &nbsp;the committee raised fears that the DWP has yet to resolve questions that "affect the value of workplace pensions," including limited access to RTI, a factor which could become a real burden for nearly two million small employers as they look to enrol their employees between now and 2018. ...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/dwp-faces-real-test-over-sme-auto-enrolment/</link><pubDate>Wed, 27 Jan 2016 11:21:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/dwp-faces-real-test-over-sme-auto-enrolment/</guid></item><item><title><![CDATA[ICAEW gives thumb up to Bailey as FCA chief]]></title><description><![CDATA[Chris Warmoll accountancy_age ICAEW has backed the appointment of Andrew Bailey as the newly anointed head of City watchdog, the Financial Conduct Authority. Michael Izza, ICAEW chief executive, said: "The Financial Conduct Authority badly needs both stability and strong leadership, which Andrew Bailey can certainly give. He is well respected for the superb job he has done at the Bank of England and as CEO of the PRA - which he leaves in excellent shape. ...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/icaew-gives-thumb-up-to-bailey-as-fca-chief/</link><pubDate>Wed, 27 Jan 2016 11:13:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/icaew-gives-thumb-up-to-bailey-as-fca-chief/</guid></item><item><title><![CDATA[News Brief: New ‘tormentor-in-chief’ announced at UK financial regulator]]></title><description><![CDATA[Andrew Bailey, deputy governor of the Bank of England (BoE), will become chief executive of the UK Financial Conduct Authority. He will replace Martin Wheatley, dubbed as "tormentor-in-chief for the industry" in a July 2015 Financial Times article, in reference to the penalties imposed on the post-2007 banking scandals and the outcome of other regulatory affairs]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-new-tormentor-in-chief-announced-at-uk-financial-regulator/</link><pubDate>Tue, 26 Jan 2016 13:52:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-new-tormentor-in-chief-announced-at-uk-financial-regulator/</guid></item><item><title><![CDATA[News Brief: New ‘tormentor-in-chief’ announced at UK financial regulator]]></title><description><![CDATA[Andrew Bailey, deputy governor of the Bank of England (BoE), will become chief executive of the UK Financial Conduct Authority. He will replace Martin Wheatley, dubbed as "tormentor-in-chief for the industry" in a July 2015 Financial Times article, in reference to the penalties imposed on the post-2007 banking scandals and the outcome of other regulatory affairs]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-new-tormentor-in-chief-announced-at-uk-financial-regulator/</link><pubDate>Tue, 26 Jan 2016 13:52:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-new-tormentor-in-chief-announced-at-uk-financial-regulator/</guid></item><item><title><![CDATA[Treasury Select Committee to lead review of UK tax system]]></title><description><![CDATA[Calum Fuller accountancy_age AN IN-DEPTH REVIEW of the country's corporate taxation system is to be undertaken by the Treasury Select Committee. The committee's chairman Andrew Tyrie (pictured) formally launched the plans as Exchequer secretary to the Treasury David Gauke fielded questions in the commons on technology giant Google's &pound;130m settlement with HM Revenue &amp; Customs, which cover ten years of back tax. Tyrie told the House of Commons on Tuesday that a review would...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/treasury-select-committee-to-lead-review-of-uk-tax-system/</link><pubDate>Tue, 26 Jan 2016 12:05:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/treasury-select-committee-to-lead-review-of-uk-tax-system/</guid></item><item><title><![CDATA[FRP Advisory re-floats Fairline luxury boat builder]]></title><description><![CDATA[Chris Warmoll accountancy_age INSOLVENCY outfit FRP Advisory has sold out of administration the assets of luxury boat builder Fairline. The deal secures around 100 jobs and sees the new company Fairline Acquisitions Limited - backed by two UK-based Russians - and Russell Currie appointed as managing director. Currie boasts around 30 years of relevant experience in the luxury motor yacht industry, having been a Fairline dealer since 1998, and CEO of Fairline North Mallorca, where...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frp-advisory-re-floats-fairline-luxury-boat-builder/</link><pubDate>Tue, 26 Jan 2016 12:02:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frp-advisory-re-floats-fairline-luxury-boat-builder/</guid></item><item><title><![CDATA[MPs tell government to reconsider how it appoints OTS chair]]></title><description><![CDATA[Fraser Simpson accountancy_age MPs have endorsed the appointment of Angela Knight as the new chair of the OTS but expressed concerns over her leadership and the way in which she was appointed. In a report published by the influential Treasury Select Committee, MPs expressed concerns about Knight's leadership, based on her role as the former chief executive of lobby group the British Bankers' Association. The report comes less than two weeks after Knight was...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/mps-tell-government-to-reconsider-how-it-appoints-ots-chair/</link><pubDate>Tue, 26 Jan 2016 11:49:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/mps-tell-government-to-reconsider-how-it-appoints-ots-chair/</guid></item><item><title><![CDATA[Accountancy among sectors with highest risk of automation]]></title><description><![CDATA[Calum Fuller accountancy_age PROFESSIONAL, scientific and technical services including accountancy are among those at highest risk of automation, research from Deloitte has revealed. The Big Four firm's analysis is based on the latest Office for National Statistics figures, combined with its 2014 work with Oxford University, which found that a total of 35% of today's UK jobs have a high chance of being automated.&nbsp; The results show manufacturing is the field that has become...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accountancy-among-sectors-with-highest-risk-of-automation/</link><pubDate>Mon, 25 Jan 2016 11:50:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accountancy-among-sectors-with-highest-risk-of-automation/</guid></item><item><title><![CDATA[PwC buys Scottish cyber security outfit Praxism]]></title><description><![CDATA[Chris Warmoll accountancy_age PwC is ramping up its cyber security offering with the acquisition of Edinburgh-based identity and access management consultancy, Praxism UK. Praxism founder &amp; director, Derek Gordon and 13 employees will join PwC's Edinburgh office with one specialist located in the Leeds office. Founded in 2008, Praxism has been helping organisations tackle technology challenges across a range sectors such as public sector, healthcare, education and financial services. James]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pwc-buys-scottish-cyber-security-outfit-praxism/</link><pubDate>Mon, 25 Jan 2016 11:43:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pwc-buys-scottish-cyber-security-outfit-praxism/</guid></item><item><title><![CDATA[Friday Afternoon Live: ACCA's Glenn Collins talks 2016 + FRC looks back at KPMG/HBOS]]></title><description><![CDATA[Accountancy Age Staff accountancy_age For more on the FRC's potential investigation into KPMG and HBoS, click here.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-accas-glenn-collins-talks-2016-frc-looks-back-at-kpmghbos/</link><pubDate>Fri, 22 Jan 2016 16:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-accas-glenn-collins-talks-2016-frc-looks-back-at-kpmghbos/</guid></item><item><title><![CDATA[Friday Afternoon Live: ACCA's Glenn Collins talks 2016 + FRC looks back at KPMG/HBOS]]></title><description><![CDATA[Accountancy Age Staff accountancy_age For more on the FRC's potential investigation into KPMG and HBoS, click here.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-accas-glenn-collins-talks-2016-frc-looks-back-at-kpmghbos/</link><pubDate>Fri, 22 Jan 2016 16:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-accas-glenn-collins-talks-2016-frc-looks-back-at-kpmghbos/</guid></item><item><title><![CDATA[HMRC extends tax deadline for Storm Desmond victims]]></title><description><![CDATA[Fraser Simpson accountancy_age HER Majesty Revenue and Customs is allowing individuals and businesses that have been affected by the recent flooding to file their self-assessments beyond the January 31 deadline, without the fear of a penalty notice. This comes after calls from Institutes asking for more time to be given to those who had their livelihoods affected by the storm back in December. The government department "recognises that many individuals and businesses have been...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-extends-tax-deadline-for-storm-desmond-victims/</link><pubDate>Fri, 22 Jan 2016 15:44:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-extends-tax-deadline-for-storm-desmond-victims/</guid></item><item><title><![CDATA[HMRC extends tax deadline for Storm Desmond victims]]></title><description><![CDATA[Fraser Simpson accountancy_age HER Majesty Revenue and Customs is allowing individuals and businesses that have been affected by the recent flooding to file their self-assessments beyond the January 31 deadline, without the fear of a penalty notice. This comes after calls from Institutes asking for more time to be given to those who had their livelihoods affected by the storm back in December. The government department "recognises that many individuals and businesses have been...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-extends-tax-deadline-for-storm-desmond-victims/</link><pubDate>Fri, 22 Jan 2016 15:44:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-extends-tax-deadline-for-storm-desmond-victims/</guid></item><item><title><![CDATA[PwC adminstrators battle to save shoe retailer]]></title><description><![CDATA[Chris Warmoll accountancy_age PWC ADMINISTRATORS are currently running discount shoe retailer Branato, just three months after it was snapped up by investors. The 140-strong chain of shops - and its website - will continue to trade as normal for the immediate future, putting a temporary stay of execution on the jobs of 2,000 employees. The Leicestershire-based firm, which also operates around 60 concessions nationwide, was bought by turnaround specialists Alteri Investors in October. However, "]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pwc-adminstrators-battle-to-save-shoe-retailer/</link><pubDate>Fri, 22 Jan 2016 12:25:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pwc-adminstrators-battle-to-save-shoe-retailer/</guid></item><item><title><![CDATA[Old Mill doubles partner numbers as it seeks more equitable model]]></title><description><![CDATA[Calum Fuller accountancy_age WEST COUNTRY-based firm Old Mill has extended equity stakes to almost a fifth of its 250 staff. Some 23 staff members have joined the 21 existing partners - or shareholders as the firm describes them - in the business, taking the total to 44. It forms part of an ongoing project to broaden the base of staff members who have a share in the firm's success. Board member and...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/old-mill-doubles-partner-numbers-as-it-seeks-more-equitable-model/</link><pubDate>Fri, 22 Jan 2016 12:20:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/old-mill-doubles-partner-numbers-as-it-seeks-more-equitable-model/</guid></item><item><title><![CDATA[EY appoints five partners to its forensic investigations team]]></title><description><![CDATA[Richard Crump accountancy_age EY has appointed five new partners to its UK &amp; Ireland fraud investigation and dispute services (FIDS) team as record growth is expected to see revenues hit the &pound;100m mark this year. The practice has seen an annual growth rate of around 20% each year for the last five financial years and posted revenues in excess of &pound;77m in 2015 and the firm is continuing to invest in the business to support its...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ey-appoints-five-partners-to-its-forensic-investigations-team/</link><pubDate>Fri, 22 Jan 2016 11:34:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ey-appoints-five-partners-to-its-forensic-investigations-team/</guid></item><item><title><![CDATA[Accountants achieve representation at FSB’s climate disclosure task force]]></title><description><![CDATA[The Financial Stability Board (FSB) announced today the membership of its task force on climate-related disclosure, in which it&rsquo;s noticeable a predominance of chartered accountants and CFOs]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accountants-achieve-representation-at-fsbs-climate-disclosure-task-force/</link><pubDate>Thu, 21 Jan 2016 18:20:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accountants-achieve-representation-at-fsbs-climate-disclosure-task-force/</guid></item><item><title><![CDATA[News brief: KPMG partner quits after tax charges and UK regulator still under fire]]></title><description><![CDATA[KPMG advisory partner quits firm over tax charge<br />
KPMG&rsquo;s former head of investment advisory, Patrick McCoy, has quit the firm after becoming one of 10 people charged with tax cheating offences.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-kpmg-partner-quits-after-tax-charges-and-uk-regulator-still-under-fire/</link><pubDate>Thu, 21 Jan 2016 17:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-kpmg-partner-quits-after-tax-charges-and-uk-regulator-still-under-fire/</guid></item><item><title><![CDATA[Forensic data analytics and the human factor]]></title><description><![CDATA[Three out of five senior executives across nine different industries, including the financial sector, plan to increase spending on forensic data analytics over the next two years, according to a survey by EY.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/forensic-data-analytics-and-the-human-factor/</link><pubDate>Thu, 21 Jan 2016 15:34:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/forensic-data-analytics-and-the-human-factor/</guid></item><item><title><![CDATA[Leonard Curtis restructuring sees jobs saved at Blue Inc]]></title><description><![CDATA[Chris Warmoll accountancy_age INSOLVENCY outfit Leonard Curtis has helped secure the jobs of 1,500 staff at troubled menswear chain Blue Inc. But some 580 jobs were lost and around 70 stores closed. Blue Inc offloaded a number of leases by placing its subsidiary, A Levy &amp; Son, into administration. Neil Bennett and Alex Cadwallader of Leonard Curtis were appointed joint administrators to A Levy &amp; Son on 19 January. Blue Inc will...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/leonard-curtis-restructuring-sees-jobs-saved-at-blue-inc/</link><pubDate>Thu, 21 Jan 2016 14:33:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/leonard-curtis-restructuring-sees-jobs-saved-at-blue-inc/</guid></item><item><title><![CDATA[KPMG and PwC dominate listed audit market]]></title><description><![CDATA[Richard Crump accountancy_age BIG FOUR rivals KPMG and PwC have dominated the listed audit market over the last decade, according to the 2015 corporate adviser ranking guide. Over the last ten years, KPMG has ousted PwC from top spot by way of client numbers, though PwC remains by far and away the most successful auditor when judged by the aggregate market-cap of its clients. Deloitte and EY retained their respective standings over the ten-year period, but...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-and-pwc-dominate-listed-audit-market/</link><pubDate>Thu, 21 Jan 2016 12:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-and-pwc-dominate-listed-audit-market/</guid></item><item><title><![CDATA[FRC considers plans to investigate KPMG over HBOS audit]]></title><description><![CDATA[Chris Warmoll accountancy_age THE FRC has confirmed plans to "undertake preliminary enquiries" into launching an investigation into KPMG's work as auditors of HBOS prior to the bank's collapse in 2008, overturning its earlier conclusion that it lacked sufficient grounds to suspect the auditor of misconduct. In a statement, the accounting watchdog said it has asked its executive council to&nbsp;undertake preliminary enquiries into the KPMG's work under its disciplinary scheme for members of the]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-considers-plans-to-investigate-kpmg-over-hbos-audit/</link><pubDate>Thu, 21 Jan 2016 12:42:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-considers-plans-to-investigate-kpmg-over-hbos-audit/</guid></item><item><title><![CDATA[Ed Warner tasked with overseeing Grant Thornton governance]]></title><description><![CDATA[Fraser Simpson accountancy_age ACCOUNTING network Grant Thornton has announced the appointment of Ed Warner OBE as the new chair of its partnership oversight board, becoming the first-ever independent chair of a major accountancy firm in the UK. The role will involve Warner overseeing the organisations governance, which is similar to how a public company is run. Warner is taking over from current chair Steve Maslin, who will have served his maximum term in the...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ed-warner-tasked-with-overseeing-grant-thornton-governance/</link><pubDate>Thu, 21 Jan 2016 12:02:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ed-warner-tasked-with-overseeing-grant-thornton-governance/</guid></item><item><title><![CDATA[Singapore’s quarterly reporting threshold could rise to S$250m]]></title><description><![CDATA[From the current S$75 million ($52m), the market value threshold for listed companies who have to report quarterly financial results in the Singapore Exchange (SGX) could rise to S$250m, according to sources consulted by The Accountant.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/singapores-quarterly-reporting-threshold-could-rise-to-s250m/</link><pubDate>Wed, 20 Jan 2016 18:16:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/singapores-quarterly-reporting-threshold-could-rise-to-s250m/</guid></item><item><title><![CDATA[UK200Group appoints new president]]></title><description><![CDATA[Fraser Simpson accountancy_age THE UK200Group of independent chartered accountancy firms has appointed James Abbott as its new president. Abbott will oversee the association's new four strand strategy which controls how its membership groups are run. The strategy comprises a development programme for young entrepreneurs, a training programme that will support aspiring leaders, industry groups that will bring together the specialisms of UK200Group members and a SME-focused initiative. Abbott has]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/uk200group-appoints-new-president/</link><pubDate>Wed, 20 Jan 2016 14:49:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/uk200group-appoints-new-president/</guid></item><item><title><![CDATA[Proof is in the pudding as Frozen Fruit Company fails in its bid for zero VAT]]></title><description><![CDATA[Fraser Simpson accountancy_age TWO tax judges have ruled that an&nbsp;"All Fruit Frozen Dessert"should have a standard VAT rating, dismissing arguments put forward by two City lawyers that it should have a zero rating, like frozen fruit. Judges Jonathan Richards and Janet Wilkins judged an appeal involving the Frozen Fruit Company and HMRC after the taxman decided that the fruit desert should have a standard rating as it closely resembles "ice cream, ice lollies, frozen yoghurt and...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/proof-is-in-the-pudding-as-frozen-fruit-company-fails-in-its-bid-for-zero-vat/</link><pubDate>Wed, 20 Jan 2016 12:45:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/proof-is-in-the-pudding-as-frozen-fruit-company-fails-in-its-bid-for-zero-vat/</guid></item><item><title><![CDATA[Sweet win for PwC London as it takes on PureCircle audit]]></title><description><![CDATA[Calum Fuller accountancy_age LONDON-LISTED producer of "high purity stevia ingredients" PureCircle has appointed PwC London as its auditor for the financial year ending 30 June 2016. Stevia - a plant native to the Americas - is a&nbsp;low-calorie alternative to sugar. PwC London takes on the audit from PwC Malaysia, which had been in place since 2010. Founded in 2002, PureCircle has offices around the world with the global headquarters in Kuala Lumpur,...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sweet-win-for-pwc-london-as-it-takes-on-purecircle-audit/</link><pubDate>Wed, 20 Jan 2016 12:27:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sweet-win-for-pwc-london-as-it-takes-on-purecircle-audit/</guid></item><item><title><![CDATA[HMRC wins &lsquo;goodwill payments' tax battle against Smith &amp; Williamson]]></title><description><![CDATA[Fraser Simpson accountancy_age AN argument between Smith &amp; Williamson and HMRC over the treatment of &lsquo;goodwill payments' has been won by the taxman. HM Revenue &amp; Customs has had its appeal against investment management group Smith &amp; Williamson upheld by an upper-tier tax tribunal, in a dispute over goodwill payments that the firm made to a number of its employees. In the latest hearing, the tax authority claimed that a "goodwill payment" made by...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-wins-lsquogoodwill-payments-tax-battle-against-smith-amp-williamson/</link><pubDate>Wed, 20 Jan 2016 12:26:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-wins-lsquogoodwill-payments-tax-battle-against-smith-amp-williamson/</guid></item><item><title><![CDATA[KPMG partner leaves firm over film scheme tax charges]]></title><description><![CDATA[Fraser Simpson accountancy_age THE former head of UK investment advisory at&nbsp;KPMG has quit the firm after he was named as one of ten charged for conspiring to cheat HMRC out of revenue through a tax relief film scheme. Patrick McCoy, who headed up the Big Four's investment advice and fiduciary management oversight teams, was charged alongside former Rangers adviser Richard Hughes and eight others by the CPS over a &pound;134m film investment scheme. The...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-partner-leaves-firm-over-film-scheme-tax-charges/</link><pubDate>Wed, 20 Jan 2016 12:21:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-partner-leaves-firm-over-film-scheme-tax-charges/</guid></item><item><title><![CDATA[PwC to buy Polish cloud company]]></title><description><![CDATA[Chris Warmoll accountancy_age PWC has &lsquo;conditionally agreed' to acquire Outbox Group, a European technology consulting business, in a bid to boost its cloud services offering. Polish-based Outbox specialises in customer, digital and technology services and works with platforms such as Salesforce, Microsoft Dynamics, Oracle and SAP. The deal, signed on 31 December and expected to be formally completed in February, follows previous acquisitions by the Big Four firm, including European consu]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pwc-to-buy-polish-cloud-company/</link><pubDate>Wed, 20 Jan 2016 11:54:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pwc-to-buy-polish-cloud-company/</guid></item><item><title><![CDATA[KPMG picks up Great Western Mining audit]]></title><description><![CDATA[Calum Fuller accountancy_age AIM-LISTED mineral exploration company Great Western Mining has appointed KPMG as its auditors, commencing with the audit of its accounts for the year ended 31 December 2015. KPMG replaces Irish firm LHMCasey McGrath. The company's annual report to the year ended 31 December 2014 - the most recent available - shows LHMCasey McGrath received &euro;24,184 (&pound;18,493) for its audit work, plus &euro;246 for non-audit undertakings. Great Western Mining chairman...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-picks-up-great-western-mining-audit/</link><pubDate>Wed, 20 Jan 2016 11:50:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-picks-up-great-western-mining-audit/</guid></item><item><title><![CDATA[French Duncan hires 'cloud specialist' to boost client offering]]></title><description><![CDATA[Kevin Reed accountancy_age A 'CLOUD SPECIALIST' has been recruited by Scottish firm French Duncan, as the practice looks to robustly manage its online offering to clients. Mary Blyth has joined the Top 50+50 firm as cloud services manager. Her remit will include developing the availability of cloud services to clients - helping them through advisory to implementation, then from the delivery side. Greg Callan, head of entrepreneurial services at French Duncan, said: "I'm delighted...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/french-duncan-hires-cloud-specialist-to-boost-client-offering/</link><pubDate>Wed, 20 Jan 2016 11:49:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/french-duncan-hires-cloud-specialist-to-boost-client-offering/</guid></item><item><title><![CDATA[Trio of Big Four firms praised by Stonewall for gay-friendly ways]]></title><description><![CDATA[Chris Warmoll accountancy_age EY HAS BEEN singled out as one of the most consistently LGBT-friendly firms to work in - across all sectors nationwide - and the best out of the Big Four, scooping Stonewall's coveted Star Performers award. The other star performers - employers that have "repeatedly demonstrated their commitment to creating inclusive workplaces by ranking in the top ten of the Stonewall Top 100 Employers list at least three times in the last five...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/trio-of-big-four-firms-praised-by-stonewall-for-gay-friendly-ways/</link><pubDate>Tue, 19 Jan 2016 12:06:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/trio-of-big-four-firms-praised-by-stonewall-for-gay-friendly-ways/</guid></item><item><title><![CDATA[Bolton Wanderers win extra-time to avoid HMRC winding up penalty]]></title><description><![CDATA[Chris Warmoll accountancy_age BOLTON WANDERERS, the Championship football club has won a stay of execution after the High Court granted an adjournment to the winding up petition presented by HMRC. The High Court has given the club until February 22 to either close a deal with one of the potential buyers of the club or raise sufficient short-term funds from asset sales. The move will enable the club - currently bottom of the Sky Bet Championship -...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/bolton-wanderers-win-extra-time-to-avoid-hmrc-winding-up-penalty/</link><pubDate>Tue, 19 Jan 2016 11:15:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/bolton-wanderers-win-extra-time-to-avoid-hmrc-winding-up-penalty/</guid></item><item><title><![CDATA[PCAOB revokes PKF Hong Kong registration]]></title><description><![CDATA[The PCAOB has settled disciplinary orders against PKF Hong Kong and three employees for failing to cooperate with an investigation of their audits of a US company based in China. Presently this means that PKF Hong Kong cannot audit a US company.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pcaob-revokes-pkf-hong-kong-registration/</link><pubDate>Mon, 18 Jan 2016 17:47:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pcaob-revokes-pkf-hong-kong-registration/</guid></item><item><title><![CDATA[OTS efficiency pinpointed as inquiry into Finance Bill launches]]></title><description><![CDATA[Fraser Simpson accountancy_age THE effectiveness of the draft Finance Bill is to be called into question, with the House of Lords Economic Affairs group establishing a sub-committee to look into how the bill will affect individual taxpayers. The Finance Bill Sub-Committee (FBSC) will assess whether the Finance Bill will "contribute to the simplification of the personal tax system and their impact on the compliance burdens of individual taxpayers." The FSBC has called for evidence...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ots-efficiency-pinpointed-as-inquiry-into-finance-bill-launches/</link><pubDate>Mon, 18 Jan 2016 13:17:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ots-efficiency-pinpointed-as-inquiry-into-finance-bill-launches/</guid></item><item><title><![CDATA[Major ACCA online training package launched]]></title><description><![CDATA[Accountancy Age Staff accountancy_age ONE OF THE UK's largest online training providers has unleashed a new ACCA programme. Floream, a sister company to Accountancy Age, has launched a digital programme of ACCA studies that encompasses personalised and social learning. The learning is split across three packages: knowledge; skills; and professional. Each package contains all the necessary coursework, live online classes, revision, exam practice, ACCA membership and associated exam fees. The lau]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/major-acca-online-training-package-launched/</link><pubDate>Mon, 18 Jan 2016 13:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/major-acca-online-training-package-launched/</guid></item><item><title><![CDATA[Mazars merger with Chinese firm ZhongShen ZhongHuan]]></title><description><![CDATA[Richard Crump accountancy_age MAZARS has today finalised its merger with Chinese audit firm ZhongShen ZhongHuan in December 2015, to create a full-service firm with the ability to support clients in 77 countries. The merger - which follows similar moves in Germany, Australia, Mozambique and Cyprus during 2015 - will bring together more than 1,800 professionals, including 83 partners, from 15 offices across mainland China, Mazars said. Mazars will combine with ZhongShen ZhongHuan's market reach.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/mazars-merger-with-chinese-firm-zhongshen-zhonghuan/</link><pubDate>Mon, 18 Jan 2016 12:01:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/mazars-merger-with-chinese-firm-zhongshen-zhonghuan/</guid></item><item><title><![CDATA[CIoT president joins HMRC to oversee customer charter]]></title><description><![CDATA[Fraser Simpson accountancy_age CHRIS JONES, president of the CIoT, has been appointed by HM Revenue &amp; Customs to supervise its reinvigorated customer Charter. The institute president, whose leadership is set to end in May, will use his experience and expertise in holding "HMRC to account for their performance against the refreshed Charter". One item high on the agenda for Jones will be to ensure that the public are kept up to date and treated...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ciot-president-joins-hmrc-to-oversee-customer-charter/</link><pubDate>Mon, 18 Jan 2016 11:06:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ciot-president-joins-hmrc-to-oversee-customer-charter/</guid></item><item><title><![CDATA[EC issues consultation on non-financial reporting disclosure guidelines]]></title><description><![CDATA[The European Commission has issued a public consultation to seek views to inform the preparation of non-binding guidance implementing the Directive 2014/95/EU on disclosure of non-financial and diversity information.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ec-issues-consultation-on-non-financial-reporting-disclosure-guidelines/</link><pubDate>Fri, 15 Jan 2016 18:44:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ec-issues-consultation-on-non-financial-reporting-disclosure-guidelines/</guid></item><item><title><![CDATA[Japonica’s Kazarian strikes back on Greece’s debt mire]]></title><description><![CDATA[Japonica Partners, the private equity firm led by former Goldman Sachs banker Paul Kazarian, has published another top senior job advert relating to the Greek sovereign debt conundrum]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/japonicas-kazarian-strikes-back-on-greeces-debt-mire/</link><pubDate>Fri, 15 Jan 2016 18:10:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/japonicas-kazarian-strikes-back-on-greeces-debt-mire/</guid></item><item><title><![CDATA[News brief: International guidance on education programmes published]]></title><description><![CDATA[The International Accounting Education Standards Board (IAESB) has published guidance material on the implementation of a learning outcomes approach for aspiring and practicing accountants who are supported by IFAC member organisations, including JICPA, CIMA, and ACCA]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-international-guidance-on-education-programmes-published/</link><pubDate>Fri, 15 Jan 2016 17:48:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-international-guidance-on-education-programmes-published/</guid></item><item><title><![CDATA[News brief: International guidance on education programmes published]]></title><description><![CDATA[The International Accounting Education Standards Board (IAESB) has published guidance material on the implementation of a learning outcomes approach for aspiring and practicing accountants who are supported by IFAC member organisations, including JICPA, CIMA, and ACCA]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-international-guidance-on-education-programmes-published/</link><pubDate>Fri, 15 Jan 2016 17:48:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-international-guidance-on-education-programmes-published/</guid></item><item><title><![CDATA[Friday Afternoon Live: IFRS lease accounting and Dame Lin Homer's departure from HMRC]]></title><description><![CDATA[Accountancy Age Staff accountancy_age &nbsp;Click here for more on leases and Dame Lin Homer's upcoming departure from HMRC.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-ifrs-lease-accounting-and-dame-lin-homers-departure-from-hmrc/</link><pubDate>Fri, 15 Jan 2016 16:13:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-ifrs-lease-accounting-and-dame-lin-homers-departure-from-hmrc/</guid></item><item><title><![CDATA[MHA MacIntyre Hudson signs cyber security marketing deal]]></title><description><![CDATA[Richard Crump accountancy_age TOP 20 accountants MHA MacIntyre Hudson has signed a deal with technology company Crossword Cybersecurity to co-market Crossword's new cyber threat risk analysis tool to its clients. Under the terms of the agreement, MHA MacIntyre Hudson's partners will introduce the tool, Rizikon, to its large client base of SMEs. The risk assessment tool, which is based on research undertaken by the Centre for Cyber and Security Sciences at City University, London,...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/mha-macintyre-hudson-signs-cyber-security-marketing-deal/</link><pubDate>Fri, 15 Jan 2016 12:16:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/mha-macintyre-hudson-signs-cyber-security-marketing-deal/</guid></item><item><title><![CDATA[HMRC reverses APN decision for participants in Montpelier tax scheme]]></title><description><![CDATA[Fraser Simpson accountancy_age HMRC has been forced to withdraw 2,000 Accelerated Payment Notices (APNs) demanding payment of disputed tax after admitting the demands should never have been issued. In an embarrassing U-turn, the tax authority, which faced criticism this week for allowing HSBC to get away &lsquo;scot free' over allegations its Swiss bank helped UK clients evade tax, withdrew the pay up front tax demands after one of the conditions necessary for issuing an APN was...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-reverses-apn-decision-for-participants-in-montpelier-tax-scheme/</link><pubDate>Fri, 15 Jan 2016 12:04:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-reverses-apn-decision-for-participants-in-montpelier-tax-scheme/</guid></item><item><title><![CDATA[EX-KPMG partner Hollis made chairman of Aston Villa]]></title><description><![CDATA[Calum Fuller accountancy_age FORMER chairman&nbsp;of KPMG's midlands practice Steven Hollis has been appointed chairman of Premier League strugglers Aston Villa. He was a partner at the Big Four firm for over 20 years and was a member on KPMG's boards in the UK, Europe, Middle East and Africa. Prior to his retirement in 2013, Hollis (pictured) returned to the Midlands and chaired its Midlands practice. He also served on the industrial development advisory board...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ex-kpmg-partner-hollis-made-chairman-of-aston-villa/</link><pubDate>Fri, 15 Jan 2016 11:07:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ex-kpmg-partner-hollis-made-chairman-of-aston-villa/</guid></item><item><title><![CDATA[The City eyes promotion of green bonds for a low-carbon economy transition]]></title><description><![CDATA[A so-called Green Finance Initiative, launched by the City of London Corporation, is aimed at promoting green bonds to fund sustainable infrastructure projects within UK capital markets]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/the-city-eyes-promotion-of-green-bonds-for-a-low-carbon-economy-transition/</link><pubDate>Thu, 14 Jan 2016 19:11:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/the-city-eyes-promotion-of-green-bonds-for-a-low-carbon-economy-transition/</guid></item><item><title><![CDATA[BDO's Italian job]]></title><description><![CDATA[BDO Italy has added 50 professionals, including 7 partners, from Grant Thornton to its national offices.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/bdos-italian-job/</link><pubDate>Thu, 14 Jan 2016 18:44:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/bdos-italian-job/</guid></item><item><title><![CDATA[HMRC boss accused of letting HSBC get away 'scot free' over tax evasion claims]]></title><description><![CDATA[Richard Crump accountancy_age HMRC has ended its inquiries into allegations that HSBC's Swiss bank helped wealthy clients evade tax and admitted it is unlikely to pursue further prosecutions against the bank. Dame Lin Homer, the outgoing boss of HMRC, told the Public Accounts Committee yesterday that "it is unlikely there will be prosecutions" over allegations British customers of HSBC Suisse used the bank to evade tax. She said the data had been reviewed but there was...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-boss-accused-of-letting-hsbc-get-away-scot-free-over-tax-evasion-claims/</link><pubDate>Thu, 14 Jan 2016 13:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-boss-accused-of-letting-hsbc-get-away-scot-free-over-tax-evasion-claims/</guid></item><item><title><![CDATA[HMRC services remain a major problem and must improve, claims ICAEW]]></title><description><![CDATA[Calum Fuller accountancy_age MORE THAN 90% of ICAEW members think HMRC's service standards have either remained the same or deteriorated, according to research from the institute. Around 48% of members said they had noticed no change in the tax authority's performance, while a further 43% said service levels had worsened. The number that thought services had deteriorated increased from 34% in 2014 - a trend the ICAEW branded "worrying" despite HMRC recruiting a further 3,000 call...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-services-remain-a-major-problem-and-must-improve-claims-icaew/</link><pubDate>Thu, 14 Jan 2016 12:48:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-services-remain-a-major-problem-and-must-improve-claims-icaew/</guid></item><item><title><![CDATA[Parliament to debate digital tax accounts this month]]></title><description><![CDATA[Calum Fuller accountancy_age THE introduction of&nbsp;digital tax accounts for small businesses and self-employed individuals is to be debated in parliament after a petition calling on government to scrap the plans received more than 100,000 signatures. The petition, started by small business owner Paul Johnson less than a month ago, is demanding that the government&nbsp;scrap plans to make small businesses and self-employed individuals report their tax data quarterly through their digital tax]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/parliament-to-debate-digital-tax-accounts-this-month/</link><pubDate>Thu, 14 Jan 2016 12:10:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/parliament-to-debate-digital-tax-accounts-this-month/</guid></item><item><title><![CDATA[KPMG senior tax partner to become firm's next global head of tax]]></title><description><![CDATA[Fraser Simpson accountancy_age SENIOR KPMG tax partner Jane McCormick is to become the firm's next global head of tax, Accountancy Age can reveal. McCormick, currently head of tax for the EMA region and senior tax partner for the UK firm, will become the group's global head of tax, taking over from KPMG veteran Greg Wiebe, who has over 30 years of experience in the tax industry. McCormick has spent over 20 years at KPMG,...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-senior-tax-partner-to-become-firms-next-global-head-of-tax/</link><pubDate>Thu, 14 Jan 2016 12:02:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-senior-tax-partner-to-become-firms-next-global-head-of-tax/</guid></item><item><title><![CDATA[Industry reaction to the release of IFRS 16]]></title><description><![CDATA[The International Accounting Standards Board (IASB) has issued a new accounting standard which requires all leases to be reported on a company&rsquo;s balance sheet as assets and liabilities in an effort to provide greater transparency to investors.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/industry-reaction-to-the-release-of-ifrs-16/</link><pubDate>Wed, 13 Jan 2016 15:19:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/industry-reaction-to-the-release-of-ifrs-16/</guid></item><item><title><![CDATA[Kingston Smith appoints Maureen Penfold as new managing partner]]></title><description><![CDATA[Richard Crump accountancy_age TOP 20 firm Kingston Smith has appointed of Maureen Penfold as managing partner from January 2016. Julie Walsh is stepping down from her role as part of the firm's succession plan prior to her retirement in April. She will be succeeded by Penfold, who joined the firm as a trainee and became a partner in 1990. Michael Snyder, senior partner of Kingston Smith, said: "Being a chartered accountant and general practitioner...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kingston-smith-appoints-maureen-penfold-as-new-managing-partner/</link><pubDate>Wed, 13 Jan 2016 15:07:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kingston-smith-appoints-maureen-penfold-as-new-managing-partner/</guid></item><item><title><![CDATA[Leonard Curtis opens new Derbyshire office]]></title><description><![CDATA[Chris Warmoll accountancy_age PUREPLAY insolvency outfit Leonard Curtis has expanded it empire by opening its 11th office in Barlborough, Derbyshire. Having opened its first office in the region over three years ago, the firm picked the town for its unique location, bordering South Yorkshire, Nottinghamshire and Derbyshire. The Barlborough office will be headed up by business development manager Richard Pinder, who has worked in the region since 2006 and latterly headed up the turnaround...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/leonard-curtis-opens-new-derbyshire-office/</link><pubDate>Wed, 13 Jan 2016 12:14:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/leonard-curtis-opens-new-derbyshire-office/</guid></item><item><title><![CDATA[Knight's suitability as OTS chief questioned by MPs]]></title><description><![CDATA[Fraser Simpson accountancy_age THE GOVERNMENT'S tax adviser has repeatedly apologised to members of the Treasury Select Committee for her lobbying role during the financial crisis and Libor scandal. Angela Knight, former chief executive of lobby group the British Bankers' Association, was appointed chair of the Office of Tax Simplification last month. On 12 January, Knight went in front of the Treasury Select Committee regarding her appointment at the OTS, and was questioned about her...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/knights-suitability-as-ots-chief-questioned-by-mps/</link><pubDate>Wed, 13 Jan 2016 12:08:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/knights-suitability-as-ots-chief-questioned-by-mps/</guid></item><item><title><![CDATA[New lease accounting rule brings $3trn onto company balance sheets]]></title><description><![CDATA[Calum Fuller accountancy_age COMPANIES in more than 100 countries will be forced to bring around $3tn of lease commitments onto their balance sheets in a major overhaul of international accounting rules governing&nbsp;how companies should report their leasing obligations. Accounting standard setter the IASB today published IFRS 16 Leases, which requires companies to bring most leases on-balance sheet for the first time, recognising new assets and liabilities. The new rules are intended to provi]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/new-lease-accounting-rule-brings-3trn-onto-company-balance-sheets/</link><pubDate>Wed, 13 Jan 2016 12:04:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/new-lease-accounting-rule-brings-3trn-onto-company-balance-sheets/</guid></item><item><title><![CDATA[EU orders Belgium to recoup €700m in illegal multinational tax breaks]]></title><description><![CDATA[Chris Warmoll accountancy_age THE EUROPEAN Commission has branded a Belgian tax scheme that enabled multinational companies to slash up to 90% off its profitable deductions and gain unfair advantage over its competitors as illegal and ordered it to recoup the &euro;700m. The order forms part of the EU's renewed push to end corporate tax avoidance abuses and forms a core tenet of Margrethe Vestager, the EU competition chief's crusade to prove to Washington that US companies...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/eu-orders-belgium-to-recoup-700m-in-illegal-multinational-tax-breaks/</link><pubDate>Wed, 13 Jan 2016 11:56:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/eu-orders-belgium-to-recoup-700m-in-illegal-multinational-tax-breaks/</guid></item><item><title><![CDATA[PKF Cooper Parry merges with Clement Keys]]></title><description><![CDATA[Richard Crump accountancy_age MIDLANDS accountancy firm PKF Cooper Parry has completed a merger with Birmingham-based Clement Keys. Combining the two firms, which adds five new partners across audit, tax and corporate finance, has created the largest independent firm of chartered accountants in the region, according to PKF Cooper Parry CEO Ade Cheatham (pictured). "We have ambitious plans for growth in the Midlands - and will be looking to quickly expand our Birmingham presence in...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pkf-cooper-parry-merges-with-clement-keys/</link><pubDate>Wed, 13 Jan 2016 11:30:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pkf-cooper-parry-merges-with-clement-keys/</guid></item><item><title><![CDATA[Ex-chancellor awarded honorary fellowship by CIoT]]></title><description><![CDATA[Fraser Simpson accountancy_age THE CIOT has named a former home secretary and chancellor of the Exchequer as an honorary fellow, giving out the honour for just the 27th time in its 85-year history. Kenneth Clarke, MP for Rushcliffe and a member of parliament since 1970, was yesterday awarded the honour by CIoT president Chris Jones during the institute's President's Luncheon. During his political career Clarke (pictured) has also served as lord chancellor and justice...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ex-chancellor-awarded-honorary-fellowship-by-ciot/</link><pubDate>Wed, 13 Jan 2016 11:28:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ex-chancellor-awarded-honorary-fellowship-by-ciot/</guid></item><item><title><![CDATA[Tax adviser to the stars jailed for five years for tax evasion]]></title><description><![CDATA[Fraser Simpson accountancy_age AN ACCOUNTANT and tax adviser who worked for a string of actors and celebrities has been jailed for five years yesterday after being found guilty of evading more than &pound;6m in tax. Dennis Christopher Carter Lunn, known as Christopher, ran his own Sussex-based accountancy firm Christopher Lunn &amp; Co, whose clients included newsreader Fiona Bruce, actress Sadie Frost and Gotham star Sean Pertwee. In 2010, the business was investigated by HM...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tax-adviser-to-the-stars-jailed-for-five-years-for-tax-evasion/</link><pubDate>Tue, 12 Jan 2016 12:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tax-adviser-to-the-stars-jailed-for-five-years-for-tax-evasion/</guid></item><item><title><![CDATA[Haslers appoints Dumville as new insolvency partner]]></title><description><![CDATA[Chris Warmoll accountancy_age HASLERS has made Dominic Dumville an insolvency partner at the Essex-based firm Dumville joined Haslers in 2005 as a part-qualified accountant, before completing his ACCA qualification. He worked with both the business services group and corporate finance team before joining insolvency in July 200, and successfully completing the Joint Insolvency Examination Board (JIEB) exams. In 2015, Dumville gained his insolvency practitioner's licence and has been taking appoi]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/haslers-appoints-dumville-as-new-insolvency-partner/</link><pubDate>Tue, 12 Jan 2016 11:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/haslers-appoints-dumville-as-new-insolvency-partner/</guid></item><item><title><![CDATA[Grant Thornton invests in Yorkshire practice with trio of partner hires]]></title><description><![CDATA[Richard Crump accountancy_age GRANT THORNTON has made three senior appointments to its Yorkshire practice. Dan Rosinke joins as a partner in transaction advisory services; Martin Barron joins as a partner in recovery and reorganisation; and Rachel Engwell as a partner in tax. Rosinke joins Grant Thornton's transaction advisory services team from Yorkshire Bank where he was head of specialist and acquisition finance for east England. Prior to his ten years working in the banking sector,...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/grant-thornton-invests-in-yorkshire-practice-with-trio-of-partner-hires/</link><pubDate>Tue, 12 Jan 2016 10:53:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/grant-thornton-invests-in-yorkshire-practice-with-trio-of-partner-hires/</guid></item><item><title><![CDATA[World Bank warns of gloomy 2016 for most BRICS nations]]></title><description><![CDATA[The World Bank&rsquo;s latest global economic report for 2016 warns that a synchronised slowdown in the BRICS economies would have a substantial impact on the rest of the world.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/world-bank-warns-of-gloomy-2016-for-most-brics-nations/</link><pubDate>Mon, 11 Jan 2016 19:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/world-bank-warns-of-gloomy-2016-for-most-brics-nations/</guid></item><item><title><![CDATA[HMRC boss Homer to step down in April]]></title><description><![CDATA[Calum Fuller accountancy_age DAME LIN HOMER is to step down from her role as chief executive of HM Revenue &amp; Customs after more than four years in the role. Her tenure has been dominated by the battle against tax avoidance, an issue which came to prominence shortly after she took the job in January 2012. Homer suffered much criticism as CEO for struggling to deal with big businesses including Google, Amazon and Starbucks diverting...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-boss-homer-to-step-down-in-april/</link><pubDate>Mon, 11 Jan 2016 12:42:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-boss-homer-to-step-down-in-april/</guid></item><item><title><![CDATA[Tax break costs soar to £117bn]]></title><description><![CDATA[Fraser Simpson accountancy_age FIGURES published by HM Revenue &amp; Customs reveal that the cost of UK tax breaks has risen by 13% to &pound;117bn, with the main cause attributed to the exemption of properties from capital gains tax. The tax authority reveals that the cost of excusing main properties from capital gains tax has risen from &pound;10.5bn to &pound;18bn in the four years leading to 2015-16. VAT relief for housebuilders has increased over the...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tax-break-costs-soar-to-117bn/</link><pubDate>Mon, 11 Jan 2016 12:29:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tax-break-costs-soar-to-117bn/</guid></item><item><title><![CDATA[New editor for Accountancy Age and Financial Director]]></title><description><![CDATA[Kevin Reed accountancy_age A NEW EDITOR&nbsp;has been appointed across Accountancy Age and Financial Director, as part of a reshuffle in the editorial team. Richard Crump, who has served as deputy editor across the two titles since 2012, is promoted to editor. Current editor Kevin Reed is promoted to head of editorial, which will encompass Accountancy Age, Financial Director, Contentive's existing online publications, and new launches within its business media division. Editor Richard...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/new-editor-for-accountancy-age-and-financial-director/</link><pubDate>Mon, 11 Jan 2016 12:19:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/new-editor-for-accountancy-age-and-financial-director/</guid></item><item><title><![CDATA[HMRC pockets £154m from construction industry investigations]]></title><description><![CDATA[Fraser Simpson accountancy_age HMRC has clamped down on self-employed workers in the construction industry, with annual yields from its investigations into the sector increasing from &pound;131m to &pound;154.2m in 2015, according to UHY Hacker Young. The government department saw a 17% increase in takings from the sector in the year ending 31 March 2015. HMRC has doubled the amount in tax collected from the construction industry in the past five years. HMRC has cracked...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-pockets-154m-from-construction-industry-investigations/</link><pubDate>Mon, 11 Jan 2016 11:32:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-pockets-154m-from-construction-industry-investigations/</guid></item><item><title><![CDATA[Lunn shouldn’t pay for £6m tax fraud, claims lawyer]]></title><description><![CDATA[Fraser Simpson accountancy_age AN ACCOUNTANT who was found guilty of cheating HMRC of &pound;6m while working for a host of celebrity clients should only pay back &pound;65,000, his lawyer has said. Dennis Christopher Carter Lunn, known as Christopher, was the head of accountancy firm Christopher Lunn &amp; Co, a company which represented a number of celebrity clients including newsreader Fiona Bruce, actress Sadie Frost and Gotham star Sean Pertwee. In 2010, Lunn &amp; Co...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/lunn-shouldnt-pay-for-6m-tax-fraud-claims-lawyer/</link><pubDate>Mon, 11 Jan 2016 11:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/lunn-shouldnt-pay-for-6m-tax-fraud-claims-lawyer/</guid></item><item><title><![CDATA[World Bank warns of BRICS economies gloomy 2016]]></title><description><![CDATA[The World Bank&rsquo;s latest global economic report for 2016 warns that a synchronised slowdown in the BRICS economies would have a substantial impact on the rest of the world.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/world-bank-warns-of-brics-economies-gloomy-2016/</link><pubDate>Mon, 11 Jan 2016 10:50:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/world-bank-warns-of-brics-economies-gloomy-2016/</guid></item><item><title><![CDATA[A call for measuring and communicating on audit quality]]></title><description><![CDATA[Audit quality indicators and transparent communication around those indicators couldhelp assess the auditor&rsquo;s work and drive audit quality, according to a Federation of European Accountants&rsquo; (FEE) discussion paper.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/a-call-for-measuring-and-communicating-on-audit-quality/</link><pubDate>Fri, 08 Jan 2016 17:24:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/a-call-for-measuring-and-communicating-on-audit-quality/</guid></item><item><title><![CDATA[Friday Afternoon Live: Power List 2016, TaxAssist's Australian move and BFAs shortlist]]></title><description><![CDATA[Accountancy Age Staff accountancy_age &nbsp;Click here for the Power List 2016, TaxAssist's international expansion and the Business Finance Awards shortlist.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-power-list-2016-taxassists-australian-move-and-bfas-shortlist/</link><pubDate>Fri, 08 Jan 2016 15:47:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/friday-afternoon-live-power-list-2016-taxassists-australian-move-and-bfas-shortlist/</guid></item><item><title><![CDATA[Beware of Phishing Scams During Busy Season]]></title><description><![CDATA[During tax filing season, phishing scams generally increase in an attempt to obtain personal and financial information.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/beware-of-phishing-scams-during-busy-season/</link><pubDate>Fri, 08 Jan 2016 12:27:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/beware-of-phishing-scams-during-busy-season/</guid></item><item><title><![CDATA[Baker Tilly Hong Kong quits Asian Citrus audit after failure to agree fee]]></title><description><![CDATA[Calum Fuller accountancy_age BAKER TILLY'S Hong Kong arm&nbsp;has resigned its audit of Asian Citrus Holdings Limited after an agreement could not be reached on the audit fee for the financial year ending 30 June 2016. HLB Hodgson Impey Cheng has been appointed as the new auditor of Asian Citrus in order to fill the vacancy. In a statement to market, Asian Citrus said Baker Tilly confirmed that there are no circumstances connected with its...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/baker-tilly-hong-kong-quits-asian-citrus-audit-after-failure-to-agree-fee/</link><pubDate>Fri, 08 Jan 2016 12:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/baker-tilly-hong-kong-quits-asian-citrus-audit-after-failure-to-agree-fee/</guid></item><item><title><![CDATA[ICAEW reprimands member for undertaking unauthorised probate activities]]></title><description><![CDATA[Richard Crump accountancy_age THE ICAEW has fined and severely reprimanded Richard Sharrott after it discovered he had wrongly undertaken probate activities. Sharott, of Nuneaton, Warwickshire, was severely reprimanded, fined &pound;4,450 and ordered to pay costs of &pound;2,592. Between 3 April 2005 and 1 June 2015 Sharrott wrongly undertook probate activities (a reserved legal activity) when he was not an authorised person to carry out probate activities, the institute said in its disciplinar]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/icaew-reprimands-member-for-undertaking-unauthorised-probate-activities/</link><pubDate>Fri, 08 Jan 2016 11:48:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/icaew-reprimands-member-for-undertaking-unauthorised-probate-activities/</guid></item><item><title><![CDATA[EY extracts Vedanta Resource audit as Deloitte tenure ends]]></title><description><![CDATA[Calum Fuller accountancy_age FTSE 350 mining company Vedanta Resource has confirmed it is to appoint as its EY as auditors for the year ending March 31 2017. Subject to shareholder approval at its AGM, the move follows the mandatory tendering requirements in the UK. The miner's current auditor, Deloitte, will undertake the audit for the year ending 31 March 2016 having been Vedanta's auditor since its listing in 2003. In the financial year to...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/ey-extracts-vedanta-resource-audit-as-deloitte-tenure-ends/</link><pubDate>Fri, 08 Jan 2016 11:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/ey-extracts-vedanta-resource-audit-as-deloitte-tenure-ends/</guid></item><item><title><![CDATA[Tracey McDermott bows out of FCA leadership race]]></title><description><![CDATA[Acting leader of the Financial Conduct Authority (FCA) in the UK has today ruled herself out of taking the top job full time.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tracey-mcdermott-bows-out-of-fca-leadership-race/</link><pubDate>Thu, 07 Jan 2016 16:26:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tracey-mcdermott-bows-out-of-fca-leadership-race/</guid></item><item><title><![CDATA[Former Rangers adviser charged over film scheme tax fraud]]></title><description><![CDATA[Fraser Simpson accountancy_age A CORPORATE FINANCIER who previously held shares of Glasgow Rangers Football Club has been charged with tax fraud by the CPS over a &pound;134m film investment scheme. Richard Hughes co-founded Zeus Capital, the finance company which was at the heart of the Rangers buyout, and was the sole broker in the &pound;560m flotation of online retailer Boohoo.com in 2014. Hughes left his role as director of Zeus Capital in 2015 but...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/former-rangers-adviser-charged-over-film-scheme-tax-fraud/</link><pubDate>Thu, 07 Jan 2016 12:36:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/former-rangers-adviser-charged-over-film-scheme-tax-fraud/</guid></item><item><title><![CDATA[UHY Hacker Young expands into Northern Ireland]]></title><description><![CDATA[Richard Crump accountancy_age TOP 20 firm UHY Hacker Young is to expand into Northern Ireland with Fitch Chartered Accountants joining the group, as UHY Hacker Young Fitch. Belfast-based UHY Hacker Young Fitch is led by Michael Fitch, who has been the firm's managing partner for 25 years, and has an affiliate office in Kilkeel, County Down. The firm is also led by Iain Lundie, tax partner, Catherine Quinn head of the Kilkeel office and...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/uhy-hacker-young-expands-into-northern-ireland/</link><pubDate>Thu, 07 Jan 2016 12:07:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/uhy-hacker-young-expands-into-northern-ireland/</guid></item><item><title><![CDATA[UK firms are wiping off £187,523 of compliance work every year]]></title><description><![CDATA[UK firms are &ldquo;writing-off&rdquo; an annual average of &pound;187, 523 of compliance work before billing it to their clients, according to a benchmarking study by business advisory service Panalitix.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/uk-firms-are-wiping-off-187523-of-compliance-work-every-year/</link><pubDate>Thu, 07 Jan 2016 10:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/uk-firms-are-wiping-off-187523-of-compliance-work-every-year/</guid></item><item><title><![CDATA[New benchmarking study shows UK firms are wiping off £187,523 of compliance work every year]]></title><description><![CDATA[UK firms are &ldquo;writing-off&rdquo; an annual average of &pound;187, 523 of compliance work before billing it to their clients, according to a benchmarking study by business advisory service Panalitix.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/new-benchmarking-study-shows-uk-firms-are-wiping-off-187523-of-compliance-work-every-year/</link><pubDate>Thu, 07 Jan 2016 10:46:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/new-benchmarking-study-shows-uk-firms-are-wiping-off-187523-of-compliance-work-every-year/</guid></item><item><title><![CDATA[Healey joins Quantuma Bristol team]]></title><description><![CDATA[Chris Warmoll accountancy_age RESTRUCTURING outfit Quantuma has grown its Bristol team with the appointment of Shaun Healey as senior administrator. Healey, who spent over 26 years at Grant Thornton and the last three at PJG Recovery, brings experience of employment rights to the party, having worked as an ERA (Employment Rights Act) specialist. He's also worked in a number of sectors including motor, construction and larger retailers as well as national projects in the leisure sector....]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/healey-joins-quantuma-bristol-team/</link><pubDate>Wed, 06 Jan 2016 11:43:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/healey-joins-quantuma-bristol-team/</guid></item><item><title><![CDATA[SMEs won’t have to submit quarterly tax returns, UK200Group assures]]></title><description><![CDATA[Fraser Simpson accountancy_age ACCOUNTING body UK200Group has moved to quash fears that HMRC plans to force SMEs and the self-employed into submitting quarterly tax returns. The move comes in response to a petition against the taxman's proposals. On 16 December, a small business owner named Paul Johnson created an online petition slamming the possibility of HMRC enforcing quarterly tax returns. Johnson claimed that small businesses across the country would suffer from additional red tape,...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/smes-wont-have-to-submit-quarterly-tax-returns-uk200group-assures/</link><pubDate>Wed, 06 Jan 2016 11:42:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/smes-wont-have-to-submit-quarterly-tax-returns-uk200group-assures/</guid></item><item><title><![CDATA[Macpherson to leave Treasury after 10 years in Permanent Secretary role]]></title><description><![CDATA[Chris Warmoll accountancy_age SIR NICHOLAS Macpherson, the Permanent Secretary to the Treasury, is to leave the Civil Service after 30 years - and the role he has held for a decade - at the end of March. The former KPMG employee was appointed Permanent Secretary in August 2005, following the departure of Sir Gus O'Donnell. Macpherson, 56, joined the Treasury in 1985 and held a number of roles in the Treasury, including Principal Private Secretary to...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/macpherson-to-leave-treasury-after-10-years-in-permanent-secretary-role/</link><pubDate>Wed, 06 Jan 2016 11:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/macpherson-to-leave-treasury-after-10-years-in-permanent-secretary-role/</guid></item><item><title><![CDATA[FRC: Firms must be more rigorous in audit quality control]]></title><description><![CDATA[Calum Fuller accountancy_age AUDIT FIRMS must provide more resource and interrogate their audit processes as closely as the organisations they examine if standards are to improve and be maintained. That's the message from the FRC in its Audit Quality Thematic Review: Firms' audit quality monitoring report, released this week. The review considers the monitoring performed by nine audit firms over both the quality of completed audit engagements and the effectiveness of their overall quality...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-firms-must-be-more-rigorous-in-audit-quality-control/</link><pubDate>Wed, 06 Jan 2016 11:17:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-firms-must-be-more-rigorous-in-audit-quality-control/</guid></item><item><title><![CDATA[New Year’s Eve tax returns hit record high, finds HMRC]]></title><description><![CDATA[Fraser Simpson accountancy_age THOUSANDS of people celebrated the festive season by completing their tax return online, with HM Revenue &amp; Customs recording a 2.8% yearly rise on the number of New Year's Eve submissions. On the very last day of 2015, 24,546 people sent off their self-assessment tax return, with more than 11,000 people waiting till New Year's Day to hand in their returns. HMRC reveals that 2,044 people spent Christmas Day completing their...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/new-years-eve-tax-returns-hit-record-high-finds-hmrc/</link><pubDate>Tue, 05 Jan 2016 16:51:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/new-years-eve-tax-returns-hit-record-high-finds-hmrc/</guid></item><item><title><![CDATA[News brief, appointments: IIRC]]></title><description><![CDATA[The recently elected chairman of the American Institute of CPAs (AICPA), Tim Christen, has been appointed to the International Integrated Reporting Council (IIRC).]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointments-iirc/</link><pubDate>Tue, 05 Jan 2016 15:51:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointments-iirc/</guid></item><item><title><![CDATA[113,000 businesses owed money by insolvents in 2015]]></title><description><![CDATA[Chris Warmoll accountancy_age OVER 100,000 UK businesses were owed money by suppliers or customers entering an insolvency procedure in 2015, research by insolvency trade body R3 shows. Some 113,000 companies - or 6% of all UK businesses - were creditors in an insolvency procedure over the last year. Medium-sized businesses - those employing 51-250 staff - were most likely to have been exposed to another firm or individual's insolvency, with one-in-seven (14%) of these...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/113000-businesses-owed-money-by-insolvents-in-2015/</link><pubDate>Tue, 05 Jan 2016 11:24:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/113000-businesses-owed-money-by-insolvents-in-2015/</guid></item><item><title><![CDATA[HMRC boss criticised for receiving Damehood in New Year’s honours]]></title><description><![CDATA[Fraser Simpson accountancy_age HMRC chief executive Lin Homer has been awarded a Damehood in the New Year's honours list for her services to public finance, despite coming under scrutiny for her role at the tax authority. Homer has been CEO of the government department since 2012, having previously served as permanent secretary at the Department for Transport. In 2015, Homer celebrated the tenth anniversary of HMRC, but in February she went before the Treasury...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-boss-criticised-for-receiving-damehood-in-new-years-honours/</link><pubDate>Mon, 04 Jan 2016 12:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-boss-criticised-for-receiving-damehood-in-new-years-honours/</guid></item><item><title><![CDATA[Bishop Fleming acquires Whyatt Pakeman]]></title><description><![CDATA[Chris Warmoll accountancy_age BISHOP FLEMING, the &pound;17.5m turnover Top 40 firm is kicking off 2016 in some style having acquired a Bristol-based accountancy practice and securing a placing in the Sunday Times "Top 100 Best Companies to Work For" list. The acquisition of Whyatt Pakeman, previously a local competitor to the firm, sees a partner and 13 staff moving from its Clifton premises to Bishop Fleming's Bristol office in Queen Square. Bishop Fleming's Bristol-based managing...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/bishop-fleming-acquires-whyatt-pakeman/</link><pubDate>Mon, 04 Jan 2016 11:58:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/bishop-fleming-acquires-whyatt-pakeman/</guid></item><item><title><![CDATA[Menzies embarks on new advisory-led drive]]></title><description><![CDATA[Chris Warmoll accountancy_age TOP 20 firm Menzies has unleashed a new zeal to focus on a more tightly targeted drive to expand its advisory services in 2016 and beyond. The move was announced by the &pound;32m network of eight accountancy practices peppered across Surrey, Hampshire and London after conducting an extensive customer feedback campaign. The results mean will now concentrate on SMEs between 20 and 500 staff and up to &pound;30m as well as High...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/menzies-embarks-on-new-advisory-led-drive/</link><pubDate>Mon, 04 Jan 2016 10:42:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/menzies-embarks-on-new-advisory-led-drive/</guid></item><item><title><![CDATA[Creaseys supports Crystal Palace ownership deal]]></title><description><![CDATA[Richard Crump accountancy_age TUNBRIDGE WELLS accountants Creaseys supported the recent restructuring of the ownership of Premier League football club Crystal Palace. The deal involved an injection of capital from US investors Josh Harris and David Blitzer, who have taken a large stake in the club. All shareholders agreed an initial &pound;50m capital boost for the development of the Selhurst Park stadium in south-east London, with more cash to follow. In 2010, Martin Long, a...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/creaseys-supports-crystal-palace-ownership-deal/</link><pubDate>Mon, 04 Jan 2016 10:40:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/creaseys-supports-crystal-palace-ownership-deal/</guid></item><item><title><![CDATA[Untangling an Accounting Tool and an Ancient Incan Mystery]]></title><description><![CDATA[Archaeologists have made a discovery they hope could help unravel one of the most tenacious mysteries of ancient Peru: how to read the knotted string records, known as khipus, kept by the Incas.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/untangling-an-accounting-tool-and-an-ancient-incan-mystery/</link><pubDate>Sun, 03 Jan 2016 06:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/untangling-an-accounting-tool-and-an-ancient-incan-mystery/</guid></item><item><title><![CDATA[FASB Proposes to Curb What Companies Must Disclose]]></title><description><![CDATA[A regulatory change that would allow companies more discretion in deciding what is &ldquo;material&rdquo; information arouses concern among investors and auditors.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/fasb-proposes-to-curb-what-companies-must-disclose/</link><pubDate>Sat, 02 Jan 2016 19:02:47 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/fasb-proposes-to-curb-what-companies-must-disclose/</guid></item><item><title><![CDATA[PwC secures AstraZeneca audit]]></title><description><![CDATA[Richard Crump accountancy_age PWC will replace KPMG as auditors of AstraZeneca, after the FTSE 100 pharmaceuticals company changed the firm that vets its accounts for the first time since the merger of Astra and Zeneca in 1999. AstraZeneca said PwC will act as its external auditor for the financial year ending 31 December 2017, pending shareholder approval. KPMG, which earned &pound;10m for its audit and audit-related work in 2014/15, will continue as auditors for 2016. ...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/pwc-secures-astrazeneca-audit/</link><pubDate>Thu, 24 Dec 2015 15:21:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/pwc-secures-astrazeneca-audit/</guid></item><item><title><![CDATA[Taking Stock: Colin's review of 2015]]></title><description><![CDATA[Kevin Reed accountancy_age]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/taking-stock-colins-review-of-2015/</link><pubDate>Thu, 24 Dec 2015 12:22:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/taking-stock-colins-review-of-2015/</guid></item><item><title><![CDATA[Accountancy Age: 2015's most popular stories]]></title><description><![CDATA[Kevin Reed accountancy_age WELCOME to Accountancy Age's roundup of the most popular stories, features and analyses we published in the last 12 months. We're taking a well-earned break, but will be back firing on all cylinders from 4 January, when you can expect to see the 2016 Financial Power List - our predictions for the biggest players in accounting and finance for the year ahead. Here are our guesstimates from way back in January 2015: Click...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/accountancy-age-2015s-most-popular-stories/</link><pubDate>Thu, 24 Dec 2015 11:18:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/accountancy-age-2015s-most-popular-stories/</guid></item><item><title><![CDATA[TaxAssist confirms Australia expansion]]></title><description><![CDATA[Calum Fuller accountancy_age TAX ADVISORY FRANCHISE TaxAssist Accountants has confirmed its first foray into the Australian market. The firm currently sits at 24th in Accountancy Age's Top 50+50 supported by Wolters Kluwer, with a fee income of &pound;29.7m across 249 offices and 187 partners. The group confirmed its entry into the Australian market in a YouTube video (below), reiterating its focus on small businesses, sole traders and freelancers. &nbsp; ...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/taxassist-confirms-australia-expansion/</link><pubDate>Tue, 22 Dec 2015 17:24:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/taxassist-confirms-australia-expansion/</guid></item><item><title><![CDATA[R3 disappointed by scrapping of ‘no win no fee’ exemption]]></title><description><![CDATA[Richard Crump accountancy_age INSOLVENCY trade body R3 has expressed disappointment at the government's decision to end the exemption for insolvency litigation from the Legal Aid, Sentencing and Punishment of Offenders Act 2012. The Ministry of Justice announced that it is scrapping an exemption for insolvency litigation from a 2012 crackdown on the way no-win-no-fee legal cases are funded. A two-year exemption had been granted to the profession following a far-reaching report by Lord Jackson i]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/r3-disappointed-by-scrapping-of-no-win-no-fee-exemption/</link><pubDate>Mon, 21 Dec 2015 13:39:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/r3-disappointed-by-scrapping-of-no-win-no-fee-exemption/</guid></item><item><title><![CDATA[FRC to probe Grant Thornton's Globo audits]]></title><description><![CDATA[Chris Warmoll accountancy_age THE FINANCIAL Reporting Council (FRC) has launched an investigation into Grant Thornton's audit of British mobile technology firm Globo. The probe will centre on the consolidated financial statements for the years ended 31 December 2013 and 31 December 2014. In October, Globo announced that its chief executive and chief financial officer had resigned after they revealed a number of financial irregularities at the company. AIM-listed Globo said CEO Konstantinos Papa]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/frc-to-probe-grant-thorntons-globo-audits/</link><pubDate>Mon, 21 Dec 2015 13:02:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/frc-to-probe-grant-thorntons-globo-audits/</guid></item><item><title><![CDATA[Labour urge Osborne to ‘get a grip’ of Netflix’s tax affairs]]></title><description><![CDATA[Calum Fuller accountancy_age NETFLIX is the latest American company to face questions in the UK over its tax practices after it emerged the on-demand film and television streaming service paid no corporation tax last year. Now boasting 4.5 million British subscribers and revenues of &pound;200m, the company behind award-winning series including Narcos, Orange is the New Black and House of Cards charges customers a minimum of &pound;5.99 per month to subscribe and has grown rapidly in...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/labour-urge-osborne-to-get-a-grip-of-netflixs-tax-affairs/</link><pubDate>Mon, 21 Dec 2015 12:04:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/labour-urge-osborne-to-get-a-grip-of-netflixs-tax-affairs/</guid></item><item><title><![CDATA[&lsquo;Personal' reasons cited for Sodexo CFO Herbert-Jones' early exit]]></title><description><![CDATA[Chris Warmoll accountancy_age FRENCH catering giant Sodexo has announced that chief financial officer Si&acirc;n Herbert-Jones has taken "a personal decision" and left the company&nbsp; three months earlier than planned. Back in March 2015, the world's 19th-biggest employer said Herbert-Jones would hand over the reins to her successor, employee benefits finance chief, Marc Rolland in March 2016. The FTSE 100 services group said the transition from Herbert-Jones to Rolland has been "completed su]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/lsquopersonal-reasons-cited-for-sodexo-cfo-herbert-jones-early-exit/</link><pubDate>Mon, 21 Dec 2015 12:03:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/lsquopersonal-reasons-cited-for-sodexo-cfo-herbert-jones-early-exit/</guid></item><item><title><![CDATA[KPMG partners hit with £90,000 pay cut]]></title><description><![CDATA[Calum Fuller accountancy_age PARTNERS at KPMG have been hit with a &pound;90,000 pay cut in order to fund investments and as a result of a decline fees from advisory work.&nbsp; KPMG said it had cut the pay of its 617 UK-based partners by 13%, while boss Simon Collins [pictured] took a &pound;300,000 pay cut, taking home &pound;2.2m.&nbsp; The news comes as the Big four firm said revenues increased 2.6% to &pound;1.96bn. Fees from advisory...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/kpmg-partners-hit-with-90000-pay-cut/</link><pubDate>Fri, 18 Dec 2015 11:47:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/kpmg-partners-hit-with-90000-pay-cut/</guid></item><item><title><![CDATA[IASB postpones accounting changes for associates and joint ventures]]></title><description><![CDATA[Richard Crump accountancy_age THE IASB has postponed when entities must change some aspects of how they account for transactions between investors and associates or joint ventures until it completes a broader review. The postponement applies to changes introduced by the IASB in 2014 through narrow-scope amendments to IFRS 10 Consolidated Financial Statements and IAS 28 Investments in Associates and Joint Ventures. Those changes affect how an entity should determine any gain or loss it...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/iasb-postpones-accounting-changes-for-associates-and-joint-ventures/</link><pubDate>Fri, 18 Dec 2015 11:43:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/iasb-postpones-accounting-changes-for-associates-and-joint-ventures/</guid></item><item><title><![CDATA[ICAEW mulls options to expand its legal services licensing]]></title><description><![CDATA[Kevin Reed accountancy_age AN EXPANSION&nbsp;of legal services that can be offered by ICAEW members is being looked into by the institute. With more than 150 probate and ABS (alternative business structure) licences now held by its membership, the ICAEW is now considering further services they can offer, CEO Michael Izza told Accountancy Age. "We're thinking about our next steps and have an appetite to extend further - watch for that in the new year,"...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/icaew-mulls-options-to-expand-its-legal-services-licensing/</link><pubDate>Thu, 17 Dec 2015 12:39:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/icaew-mulls-options-to-expand-its-legal-services-licensing/</guid></item><item><title><![CDATA[NAO: Tax fraud costs £16bn per year]]></title><description><![CDATA[Calum Fuller accountancy_age LOSSES to tax fraud amount to &pound;16bn each year, around half of the estimated tax gap, according to a National Audit Office report. In 2014/15 HMRC reported &pound;26.6bn additional revenue from all its compliance work, including work to tackle tax fraud but also to&nbsp;deal with&nbsp;other aspects of the tax gap&nbsp;such as&nbsp;error and tax avoidance. However, the NAO found HMRC has only partial data on how much of the total yield is derived from...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/nao-tax-fraud-costs-16bn-per-year/</link><pubDate>Thu, 17 Dec 2015 12:31:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/nao-tax-fraud-costs-16bn-per-year/</guid></item><item><title><![CDATA[Holyrood to rule out income tax increases despite new powers]]></title><description><![CDATA[Calum Fuller accountancy_age SCOTTISH FINANCE SECRETARY John Swinney is expected to rule out an increase in income tax next year north of the border, despite Holyrood gaining new powers in the next financial year. The tax powers are available after their inclusion in the 2012 Scotland Act, which was passed under the previous UK coalition government. Further devolved powers proposed by the Smith Commission are currently under scrutiny at Westminster, but those will not come into...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/holyrood-to-rule-out-income-tax-increases-despite-new-powers/</link><pubDate>Wed, 16 Dec 2015 11:23:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/holyrood-to-rule-out-income-tax-increases-despite-new-powers/</guid></item><item><title><![CDATA[Tyrie "flabbergasted" by FRC failure to investigate HBOS audit failings]]></title><description><![CDATA[Chris Warmoll accountancy_age AN MP has told a hearing into the HBOS scandal that he was "flabbergasted" that the FRC had failed to launch a formal investigation into KPMG's work as the collapsed bank's auditors. Andrew Tyrie, who chairs parliament's powerful Treasury Select Committee, has long campaigned for the audit and accounting watchdog to reassess the case for a probe into the Big Four firm's auditing of HBOS in the interests of public confidence. ...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tyrie-flabbergasted-by-frc-failure-to-investigate-hbos-audit-failings/</link><pubDate>Wed, 16 Dec 2015 11:09:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tyrie-flabbergasted-by-frc-failure-to-investigate-hbos-audit-failings/</guid></item><item><title><![CDATA[MP queries possible conflict of interest over ex PwC partner watchdog role]]></title><description><![CDATA[Chris Warmoll accountancy_age A FORMER PWC partner and past president of the ICAEW who now chairs the Care Quality Commission (CQC) has become embroiled in a row over a possible conflict of interest. PwC, where Peter Wyman spent over 40 years, is also the internal auditor of the health watchdog. Wyman left the Big Four firm in 2011, well beyond the required limit needed to comply with conflict of intererst guidelines. Wyman's role - an...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/mp-queries-possible-conflict-of-interest-over-ex-pwc-partner-watchdog-role/</link><pubDate>Tue, 15 Dec 2015 13:01:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/mp-queries-possible-conflict-of-interest-over-ex-pwc-partner-watchdog-role/</guid></item><item><title><![CDATA[BDO gives mixed assessment on audit committee reports]]></title><description><![CDATA[Chris Warmoll accountancy_age AUDIT committee reports continue to be backward-looking and riddled with generic or boilerplate language. The concerns are flagged up in BDO's latest annual audit committee reporting survey 'A Gathering Storm', which reviewed the annual reports of 90 FTSE-listed companies with year ends falling between 30 September 2014 and 31 July 2015. Among several areas of concern raised by the report are that material on the work of the internal auditors, and...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/bdo-gives-mixed-assessment-on-audit-committee-reports/</link><pubDate>Tue, 15 Dec 2015 12:27:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/bdo-gives-mixed-assessment-on-audit-committee-reports/</guid></item><item><title><![CDATA[HMRC targeting high street accountants with 'aggressive' nudge letters]]></title><description><![CDATA[Richard Crump accountancy_age HIGH STREET accountants are being sent aggressive letters from HMRC, informing them the taxman suspects they may be involved with tax avoidance and that their own personal tax affairs could be investigated as a result, a law firm has claimed. According to RPC, HMRC is mailshotting accountancy firms - often small high street firms - that are carefully worded to give the impression that the accountants are assisting clients to avoid tax but...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/hmrc-targeting-high-street-accountants-with-aggressive-nudge-letters/</link><pubDate>Tue, 15 Dec 2015 12:24:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/hmrc-targeting-high-street-accountants-with-aggressive-nudge-letters/</guid></item><item><title><![CDATA[Australian accountants face PM’s idea boom]]></title><description><![CDATA[Australia&rsquo;s fourth prime minister since 2013 Malcolm Turnbull has promised $1.1bn to unleash an &ldquo;ideas boom&rdquo; that will make Australia an &ldquo;innovation nation&rdquo;.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/australian-accountants-face-pms-idea-boom/</link><pubDate>Tue, 15 Dec 2015 12:09:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/australian-accountants-face-pms-idea-boom/</guid></item><item><title><![CDATA[SEC proposes extractive industries transparency rules]]></title><description><![CDATA[The Securities and Exchange Commission (SEC) has approved a set of proposed disclosure requirements for US listed companies in the extractive industry. As in the EU, Norway and Canada, the aim is to bring transparency to their annual reports, disclosing any payment made to a foreign government due to the extraction of oil, natural gas or minerals.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sec-proposes-extractive-industries-transparency-rules/</link><pubDate>Mon, 14 Dec 2015 19:10:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sec-proposes-extractive-industries-transparency-rules/</guid></item><item><title><![CDATA[SEC proposes extractive industries transparency rules]]></title><description><![CDATA[The Securities and Exchange Commission (SEC) has approved a set of proposed disclosure requirements for US listed companies in the extractive industry. As in the EU, Norway and Canada, the aim is to bring transparency to their annual reports, disclosing any payment made to a foreign government due to the extraction of oil, natural gas or minerals.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/sec-proposes-extractive-industries-transparency-rules/</link><pubDate>Mon, 14 Dec 2015 19:10:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/sec-proposes-extractive-industries-transparency-rules/</guid></item><item><title><![CDATA['Live' online tax accounts set to kick off]]></title><description><![CDATA[Kevin Reed accountancy_age PERSONAL TAX ACCOUNTS will be available online to the British public from mid-December. The accounts are intended to offer taxpayers a joined-up view of their tax position, enabling instant updating of their information, alongside new services such as &lsquo;web chat' and a &lsquo;virtual assistant'. The announcement comes as part of the &lsquo;Making Tax Digital' launch by financial secretary to the Treasury David Gauke (pictured) at HMRC's stakeholder conference in]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/live-online-tax-accounts-set-to-kick-off/</link><pubDate>Mon, 14 Dec 2015 11:22:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/live-online-tax-accounts-set-to-kick-off/</guid></item><item><title><![CDATA[Tyrie reiterates call for FRC to probe KPMG over HBOS]]></title><description><![CDATA[Chris Warmoll accountancy_age ANDREW TYRIE, the chairman of the Treasury Select Committee and the last Parliamentary Commission on Banking Standards (PCBS), has once again urged the FRC to investigate KPMG's work as HBOS auditors. The MP wants Stephen Haddrill, the accounting and audit watchdog's chief executive to reconsider the case for a probe into the Big Four firm's auditing of HBOS - from its inception in 2001 until 2008. In a statement Tyrie said: "In the...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/tyrie-reiterates-call-for-frc-to-probe-kpmg-over-hbos/</link><pubDate>Mon, 14 Dec 2015 11:21:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/tyrie-reiterates-call-for-frc-to-probe-kpmg-over-hbos/</guid></item><item><title><![CDATA[Business leaders are warming towards carbon-pricing]]></title><description><![CDATA[Business leaders are warming towards carbon-pricing in order to cut emissions, a survey of 1000 executives from around the world has found.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/business-leaders-are-warming-towards-carbon-pricing/</link><pubDate>Fri, 11 Dec 2015 13:38:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/business-leaders-are-warming-towards-carbon-pricing/</guid></item><item><title><![CDATA['Starsuckers' film tax scheme sees tax adviser jailed]]></title><description><![CDATA[Calum Fuller accountancy_age A TRIO of City traders and their accountant have been convicted of conspiring to cheat the tax authorities by investing in a film finance scheme. James Hyde, Hamish Maclellan, and Phillip Jenkins all worked for US investment bank Bear Stearns, before moving to Jefferies International, where they earned more than &pound;1m a year each in 2009/10. Terence Potter, a Monaco-based former tax partner at EY, pleaded guilty to the charge of...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/starsuckers-film-tax-scheme-sees-tax-adviser-jailed/</link><pubDate>Fri, 11 Dec 2015 13:10:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/starsuckers-film-tax-scheme-sees-tax-adviser-jailed/</guid></item><item><title><![CDATA[Amendments to FRS 101 and FRS 103 proposed by FRC]]></title><description><![CDATA[Chris Warmoll accountancy_age THE FRC has issued a brace of Exposure Drafts (FRED 63 and FRED 64) proposing limited amendments to two UK and Ireland accounting standards. FRED 63 arises as a result of the annual review of FRS 101 Reduced Disclosure Framework. The annual review aims to ensure that FRS 101 continues to be cost-effective as IFRS, on which it is based, changes. FRED 63 principally proposes disclosure exemptions in relation to IFRS 15 Revenue from...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/amendments-to-frs-101-and-frs-103-proposed-by-frc/</link><pubDate>Fri, 11 Dec 2015 12:33:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/amendments-to-frs-101-and-frs-103-proposed-by-frc/</guid></item><item><title><![CDATA[Bolton in "critical financial position" as taxman petitions for winding up]]></title><description><![CDATA[Kevin Reed accountancy_age CHAMPIONSHIP CLUB Bolton Wanderers has confirmed that it faces a winding up petition from the taxman. The club, currently bottom of the Sky Bet Championship, is understood to owe HM Revenue &amp; Customs &pound;600,000 in unpaid PAYE and VAT. It is also believed to have debts totalling &pound;173m. In a statement, the club said it had asked HMRC for more time to either sell up or raise additional funds - but...]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/bolton-in-critical-financial-position-as-taxman-petitions-for-winding-up/</link><pubDate>Fri, 11 Dec 2015 11:08:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/bolton-in-critical-financial-position-as-taxman-petitions-for-winding-up/</guid></item><item><title><![CDATA[News brief appointments: IFAC’s IESBA; ICAS’s ethics board]]></title><description><![CDATA[Kim Gibson has been appointed to the International Ethics Standards Board for Accountants. Norman Murray has been appointed chair of the ethics board of the Institute of Chartered Accountants of Scotland.]]></description><link>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointments-ifacs-iesba-icass-ethics-board/</link><pubDate>Thu, 10 Dec 2015 15:02:00 +0100</pubDate><guid>https://www.newslocker.com/en-us/profession/accountancy/news-brief-appointments-ifacs-iesba-icass-ethics-board/</guid></item></channel></rss>