STUDIES | ACCOUNTING

EY
PROGNOSEÄNDERUNGEN IN DAX40, MDAX UND SDAX: JANUAR 2023
The threat of recession, rising energy prices and a decline in purchasing power among the population are causing more and more companies to take a more cautious view of the future: The number of profit or sales warnings issued by companies listed on the DAX, MDAX and SDAX rose to 70 last year, up 35 on the previous year. The sharpest increase in warnings was recorded in the DAX: After seven negative forecast corrections in the previous year, a total of 18 such warnings were counted in 2022. In the MDAX, the number rose from eight to 15, and in the SDAX from 20 to 37. Despite the significant increase in 2022, however, the number of warnings is still well below the previous record of 108, which was reached in 2020 when the outbreak of the Corona pandemic led to companies having to concede their forecasts in rows. >more

BDO | Kirchhoff
NACHHALTIGKEIT IM WANDEL: DIE NICHTFINANZIELLE BERICHTERSTATTUNG IM DAX 160
The importance of sustainability has now also reached the level of the management boards of listed companies in Germany. With specific key performance indicators (KPIs) in the variable compensation of the board of management as a whole as well as board departments with reference to corporate social responsibility (CSR), the incentive for boards of management to make their company more sustainable is increasing. These and other conclusions can be drawn from this year's study "Sustainability in Transition" by BDO AG Wirtschaftsprüfungsgesellschaft and the consulting firm and communications agency Kirchhoff Consult AG. >more

KPMG
KPMG SURVEY ON SUSTAINABILITY REPORTING
The world's 250 largest companies ("G250") almost all report on sustainability in some form, with 96 percent of this group reporting on sustainability or ESG issues. This is shown by the 12th edition of the "KPMG Survey on Sustainability Reporting," for which the reporting of the 100 companies with the highest sales in each of 58 countries and jurisdictions was evaluated - including the 250 largest in the world. Reporting by the so-called N100 (the top 100 companies in each country or jurisdiction surveyed) has also steadily increased: Ten years ago, about two-thirds of the N100 group of companies submitted sustainability reports. Today, that figure is 79 percent. >more

Mazars | DICE Consult
FUNKTIONSDEFIZITE AUF DEM WIRTSCHAFTSPRÜFUNGSMARKT
The Wirecard case has revealed deficits in a market whose participants bear a great deal of responsibility. Those who audit listed companies have an influence on the stability of the financial system. The problem is that the audit market is highly concentrated and regulated in the segment of public interest entities. What do market concentration and barriers to entry mean for competition? Can a market function like this at all? Or is this market failure? If so, how do we achieve market diversity, audit quality and financial market stability? >more

Bain & Company
CLOSING THE PUBLIC-PRIVATE ENVIRONMENTAL TRANSPARENCY GAP
Despite growing pressure from investors, customers, and regulators, private companies trail public companies by a wide margin in reporting on environmental impacts. Private companies tracked by CDP cite resource constraints, capability gaps, and a lack of urgency from leadership as challenges to better reporting. Yet as demands for transparency build, the most proactive firms aren’t standing still. They are developing clear, pragmatic strategies to measure and mitigate impacts one step at a time. >more

Horváth
ACCOUNTING STUDIE 2022: INTEGRATION VON ACCOUNTING & CONTROLLING
The digital transformation is not stopping at accounting and is changing accounting in companies for the long term. In our current Accounting Study 2022, we focus on the increasing integration between external and internal accounting and the resulting impact on accounting departments. >more

BDO
NACHHALTIGKEITSBERICHTERSTATTUNG: 10 FRAGEN, AUF DIE VORSTÄNDE EINE ANTWORT HABEN SOLLTEN
The field of sustainability reporting is developing at an unprecedented pace. The demand for companies to report on sustainability in a consistent manner around the world is growing louder and louder - from shareholders as well as at the government level. This English-language publication from BDO provides answers to 10 questions that all board members should know if they want to drive an organization's sustainability reporting. >more

EY
EIGHTH GLOBAL CORPORATE REPORTING SURVEY
The requirement for CFOs and finance leaders to shift the quality and scope of corporate reporting – or enhanced corporate reporting – is the theme of the 2021 EY Global Corporate Reporting Survey, which examines the perspectives of more than 1,000 CFOs, financial controllers and other senior finance leaders. The data is available to explore in an interactive tool, which allows you to view and compare findings across countries and industries. >more

PwC
DIGITALISIERUNG IM FINANZ- UND RECHNUNGSWESEN 2021
In the sixth edition of this study, we again surveyed companies on technological change in finance and accounting, and specifically in auditing. This year's version clearly shows that COVID-19 has also revealed the gaps in digitization in finance and accounting - sometimes relentlessly. The advantage: With greater transparency and comparability, weaknesses can be specifically remedied. Exactly 100 large and medium-sized companies in Germany took part in the study. The intensive surveys took place in spring 2021. >more

EY
DAS TAX OPERATING MODEL: WAS IST DER SCHLÜSSEL ZUR ZUKUNFT DER STEUERABTEILUNG
Much has been written and spoken about the digitization of the tax function. But apparently only very few are making headway, and then only for individual tax types and processes. This is shown by the results of our EY Tax Innovation Survey. A maximum of 207 people took part in the survey. The survey was conducted in January/February 2021 among readers of our eNewsletter Tax and Tax & Law Magazine. >more

OECD
TRANSFER PRICING GUIDANCE ON FINANCIAL TRANSACTIONS
This report contains transfer pricing guidance on financial transactions, developed as part of Actions 4, 8-10 of the BEPS Action Plan. This report is significant because it is the first time the OECD Transfer Pricing Guidelines includes guidance on the transfer pricing aspects of financial transactions, which will contribute to consistency in the interpretation of the arm’s length principle and help avoid transfer pricing disputes and double taxation. Sections A to E of this report are included in the Guidelines as Chapter X. Section F is added to Section D.1.2.1 in Chapter I of the Guidelines, immediately following paragraph 1.106. The guidance describes the transfer pricing aspects of financial transactions and includes a number of examples to illustrate the principles discussed in this report. >more

PwC
KLIMABERICHTERSTATTUNG BÖRSENNOTIERTER UNTERNEHMEN
More than 95 percent of the listed companies surveyed in Germany, Austria and Switzerland now report on climate issues. However, given the huge challenges posed by climate change, the depth and quality of reporting on climate issues leaves much to be desired. For example, while most companies communicate about their climate goals, few have developed a concrete plan with milestones and a roadmap detailing how they will achieve these goals and measure progress. And the analysis and management of climate risks and opportunities is still in its infancy. >more

Warth & Klein Grant Thornton
REPORTING 4.0: ANFORDERUNGEN AN EIN ZEITGEMÄßES INTERNES REPORTING
In a joint study, Warth & Klein Grant Thornton and the Ruhr West University of Applied Sciences are investigating what modern internal reporting must achieve. Particularly against the background of the Corona crisis and the associated expectations of recession, the study shows how much the digital requirements for internal reporting have increased. Controlling in particular is subject to enormous pressure to change, with time reference, input, output and the underlying processes being of central importance. >more

EY
RECHNUNGSLEGUNG IN ZEITEN DER CORONA-PANDEMIE
The effects of the coronavirus outbreak continue to develop very rapidly. Many countries have introduced various measures such as travel restrictions and quarantines; in some countries these regulations are already being relaxed. Overall, however, the measures have led to a significant drop in demand for goods and services and disruption of supply chains. The financial markets are also highly volatile. This publication is a reminder of the existing accounting rules that should be taken into account when considering the financial impact of the coronavirus outbreak when preparing IFRS financial statements for annual or interim reporting periods up to 2020. >more

Deloitte

FINANZINSTRUMENTE UND COVID-19: AUSWIRKUNGEN AUF DIE BERICHTERSTATTUNG VON FINANZINSTRUMENTEN

The consideration of the consequences of COVID-19 when calculating expected credit losses according to IFRS 9 affects almost all companies. The scope of application is wide and includes not only all financial assets that are measured at amortised cost (e.g. trade receivables) or at fair value through equity (e.g. bonds), but also leasing receivables under IFRS 16, active contract items under IFRS 15 and loan commitments and financial guarantees that are not measured at fair value through profit or loss. >more

PwC

STAND DER IMPLEMENTIERUNG VON TAX COMPLIANCE MANAGEMENT SYSTEMEN

Companies reduce liability and reputation risks by using internal control systems to fulfill their tax obligations - so-called Tax Compliance Management Systems (Tax CMS, TCMS). In practice, companies, consultants and auditors interpret the requirements in detail very differently. We therefore wanted to know how far German and globally operating individual companies and groups of companies are in implementing Tax CMS and whether standards for the implementation of certain Tax CMS requirements have meanwhile emerged. >more

PwC / The World Bank

PAYING TAXES 2020

The implementation of innovative technologies leads to more efficient tax compliance. This is the core result of the "Paying Taxes Report 2020" by PwC and the World Bank. The report annually determines the most important key figures on corporate taxes in 190 economies. For this purpose, medium-sized companies are examined on a case-by-case basis. The data is based on the year 2018. >more

Kirchhoff / BDO

NACHHALTIG GUT BERICHTEN

Over the past decade, the pursuit of a balance between economic, ecological and social interests has increasingly developed from a niche existence to an integral part of entrepreneurial activity. Accordingly, the publication of information about their own sustainability performance has become a matter of course for many companies and is regarded as reputation-promoting communication. The significantly increasing expectation pressure from customers, investors, employees and other stakeholders is prompting companies to report on the economic, ecological and social effects of their business activities. The 160 DAX companies do this to varying degrees in terms of scope, quality and transparency, as this report documents. >more

Ernst & Young

PROGNOSEÄNDERUNGEN IM PRIME ALL SHARE 2011 BIS 2019

The weakening economy and increasing international trade conflicts are causing more and more German companies to struggle, so that they have to adjust their own sales or profit forecasts: In the first half of the year, the 308 companies listed in the Prime Standard issued a total of 54 profit or sales warnings - an increase of 38 percent over the same period last year and a new high. For the first time since the first half of 2014, the number of companies that missed their own targets was higher than the number of companies that developed better than announced: A total of 51 so-called profit expectations were published - slightly more than in the previous year (43), but only half as many as in the first half of 2017.  >more

PwC

DIGITALISIERUNG IM FINANZ- UND RECHNUNGSWESEN 2019

No development in recent years has changed companies and other organizations as much as digitization. This affects a wide variety of departments, including finance and accounting, and thus the auditing of financial statements. Many customer discussions, numerous positive feedback and inquiries show us that the experts are very interested in the digital development of the finance function. In the third edition of the study, we succeeded in slightly increasing the number of participants once again: 100 German large and medium-sized companies took part in the current survey. >more

Ernst & Young

PROGNOSEÄNDERUNGEN IM PRIME ALL SHARE 2011 BIS 2018: UPDATE FEBRUAR 2019

More and more listed companies in Germany have to correct their sales or profit forecasts: In 2018, companies listed in the Prime Standard issued a total of 144 profit or revenue warnings - an increase of 55 percent compared to 2017, when companies announced in 93 cases that they would not be able to achieve their targets. In 2016, only 63 of such warnings have been recorded. >more

Ernst & Young

PROGNOSEÄNDERUNGEN IM PRIME ALL SHARE 2011 BIS 2018

Despite the positive economic development, significantly more stock-listed companies in Germany have been forced to revise their forecasts in the first half of this year compared to the same period last year. The number of sales or profit warnings rose from 29 to 42, the highest level since the analysis was first carried out in the first half of 2011. One in eight companies issued a warning. >more

Deloitte

GLOBAL IFRS INSURANCE SURVEY 2018

The 2018 Global IFRS Insurance Survey aims to provide a comprehensive and independent overview of how global insurers are reacting to and preparing for IFRS 17 adoption. Undertaken by the Economist Intelligence Unit (EIU) on behalf of Deloitte, the survey explores the views of 340 senior insurance executives from across North America, Europe and Asia on the scale and complexity of IFRS 17 implementation challenges surrounding its budgeting, the technology needed to comply, and the availability of resources to deliver the change. >more

PwC

DIGITALISIERUNG IM FINANZ- UND RECHNUNGSWESEN UND WAS SIE FÜR DIE ABSCHLUSSPRÜFUNG BEDEUTET

Digitization is changing companies and other organizations more fundamentally than everything else before - including finance, accounting and auditing.
 PwC conducted the first survey on the digitization of audit in 2016 - at that time with 98 companies. The great popularity and relevance of digitization for respondents has motivated PwC to conduct a second survey among German companies and update the results. >more

Ernst & Young

THE OUTLOOK FOR GLOBAL TAX POLICY IN 2018

Global and US tax reform, and the adoption of numerous international tax policy changes in 2018, are providing a catalyst for countries to pursue tax competitiveness in new and innovative ways. This is according to the EY The outlook for global tax policy in 2018, which combines insights and forecasts from EY tax policy professionals in 41 jurisdictions worldwide. >more

Ernst & Young

PROGNOSEÄNDERUNGEN IM PRIME ALL SHARE 2011 BIS 2017

Despite the economic boom, more and more listed companies make use of downward corrections for their forecasts: last year recorded 95 profit or turnover warnings - 44 percent more than in the previous year and the highest percentage since 2011, when the analysis was first carried out. >more

PwC / The World Bank

PAYING TAXES 2018: IN-DEPTH ANALYSIS ON TAX SYSTEMS IN 190 ECONOMIES

Now in its 12th edition, Paying Taxes is a unique report from PwC and the World Bank Group which uses a medium-sized domestic case study company to measure and assess the ease of paying taxes across 190 economies. This year the report explores how the digital revolution is transforming almost every aspect of paying taxes. It considers the methods companies use to pay their taxes, how tax administrations communicate with taxpayers, how they collect and use data and the ways in which they monitor tax compliance. >more

Ernst & Young

CAN INNOVATIVE CORPORATE REPORTING BUILD TRUST IN A VOLATILE WORLD?

The trust and confidence enjoyed by businesses is being disrupted. In our hyper-connected world, the reputational impact of scandals such as data breaches and unethical conduct can be catastrophic. Trust can be destroyed forever if organizations do not keep up with the public’s shifting expectations of acceptable corporate behavior, or they fail to safeguard personal data. EY surveyed more than 1,000 CFOs or financial controllers of large organizations to understand the challenges they face in corporate reporting. >more

Ernst & Young

PROGNOSEÄNDERUNGEN IM PRIME ALL SHARE: H1 2017

The good performance of German Prime All corporations frequently exceeds their own expectations. In the first half of the year, a total of 107 companies announced that the previously published forecasts are expected to be exceeded this year. This is the highest level since 2011. >more

PwC

2017 STATE OF INTERNAL AUDIT PROFESSION STUDY

PwC`s 2017 State of Internal Audit Study looks at how Internal Audit can build the resiliency to evolve and increase its organizational value amidst the influences disrupting organizations today. >more

Ernst & Young

PROGNOSEÄNDERUNGEN IM PRIME ALL SHARE: 2011-2016

Despite all the political and economic turmoil, more companies have upward-adjusted their profit and sales forecasts in the last year. EY records a total of 87 cases where companies exceeded the previously projected values as compared to only 67 profit or revenue warnings. >more

The World Bank

TRANSFER PRICING AND DEVELOPING ECONOMIES: A HANDBOOK FOR POLICY MAKERS AND PRACTITIONERS

This handbook provides guidance on analytical steps that can be taken to understand a country’s potential exposure to inappropriate transfer pricing (transfer mispricing) and outlines the main areas that require attention in the design and implementation of transfer pricing regimes. >more

Duff & Phelps

2016 EUROPEAN GOODWILL IMPAIRMENT STUDY

In 2013, Duff & Phelps launched its inaugural study of goodwill impairments recognized by European companies. Now in its fourth edition, the 2016 European Goodwill Impairment Study continues to examine general goodwill impairment trends across countries and industries within the European market. As with past editions, the analysis in the 2016 Study is focused on companies in the STOXX® Europe 600 Index, which is comprised of large, mid and small capitalization companies across 18 countries of the European region. >more

PwC / The World Bank

PAYING TAXES 2017: IN-DEPTH ANALYSIS ON TAX SYSTEMS IN 190 ECONOMIES

Paying Taxes 2017, now in its 11th edition, continues to be a unique report from PwC and the World Bank Group. It is the only piece of research which, by using a medium-sized domestic case study company, measures and assesses the ease of paying taxes across 190 economies. >more

Ernst & Young

2016 TRANSFER PRICING: A NEW ERA OF TRANSPARENCY AND RISK

This survey of 623 transfer pricing executives in 36 jurisdictions across 17 industries finds that respondents are encountering significantly more transfer pricing disputes in more jurisdictions than in the past. And, perhaps more significantly for the months and years to come, respondents are anticipating an expanding swath of conflict spanning a wider range of geographies across a broader range of issues. >more

Ernst & Young

HOW CAN REPORTING CATCH UP WITH AN ACCELERATING WORLD?

Our research surveyed 1,000 CFOs or financial controllers (FCs) of large organizations to understand the challenges they face in corporate reporting. Forty-nine percent of the organizations were in excess of US$5 billion a year in revenues, with 12% in excess of US$20 billion. The research was conducted by Longitude Research on behalf of the EY Global Financial Accounting Advisory Services (FAAS) group. >more

PwC

WORLDWIDE TAX SUMMARIES – CORPORATE TAXES 2016/17

Worldwide Tax Summaries – Corporate Taxes 2016/17 is a useful reference tool, to help you manage taxes around the world. It offers quick access to information about corporate tax systems in 155 countries worldwide, in an easily digestible format. >more

Mercer

MERCER GLOBAL PENSION BUYOUT INDEX

The Mercer Global Pension Buyout Index allows you to monitor the general trend in the pricing of pension bulk annuity transactions in the US, UK, Ireland, Canada, Germany and the Netherlands. Mercer uses up-to-date pricing information from each country to estimate the cost of insuring a sample plan’s current retirees as a percentage of the equivalent estimated accounting liability. >more

Ernst & Young

PROGNOSEÄNDERUNGEN IM PRIME ALL SHARE

The sharp fluctuations in global sales and capital markets lead to an increasing number of downward adjustments of revenue and profit forecasts among German companies. In the first half of this year, there has been a total of 26 profit and turnover warnings, while the first half of last year recorded 25. In the first half of 2011, when the first issue of this report was published, companies announced merely 12. >more

Ernst & Young

THREE IMPORTANT TAX DEVELOPMENTS FOR BOARDS

The European Commission (EC) is questioning individual EU governments on tax arrangements, and Organisation for Economic Co-operation and Development (OECD) member countries and others have instituted, or will be instituting soon, unprecedented information sharing of tax data across countries. To help boards stay informed of emerging tax developments, the EY Center for Board Matters provides an overview of three tax topics in the spotlight. >more

Ernst & Young

EU AUDIT LEGISLATION: IMPLICATIONS FOR AUDIT COMMITTEES

The European Union (EU) audit legislation, enacted in 2014, and effective starting in June 2016, will usher in far-reaching changes for companies that are public interest entities (PIEs) in the EU. Several key provisions of the 2014 legislation will greatly affect the audit committees of these companies, as we explain below. Yet many audit committees may not be aware of the challenges that lie ahead. >more

Ernst & Young

INDIRECT TAX DEVELOPMENTS IN 2016

Our latest publication identifies global developments in indirect taxes, including value-added tax (VAT), goods and services tax (GST), consumption taxes, excise duties, customs duties, insurance premium tax (IPT) and environmental taxes. >more

Deloitte

THE NEW TRANSFER PRICING LANDSCAPE: A PRACTICAL GUIDE TO THE BEPS CHANGES

The Organization for Economic Cooperation and Development (OECD) on 5 October 2015, released the final reports under the Base Erosion & Profit Shifting (BEPS) project. The new guidance has been hailed as a game changer expected to alter the transfer pricing outcomes in many situations and require multinational enterprises to undertake additional analysis and documentation. But how will the new guidance impact your company? >more

Ernst & Young

PROGNOSEÄNDERUNGEN IM PRIME ALL SHARE: 2011-2015

The sharp fluctuations in global markets mean that more and more German companies have to revise their sales or earnings forecasts - either downwards or upwards. After the number of profit or turnover warnings had risen to 80, and thus to its highest level since 2011 in 2014, Prime All companies announced 80 sales or profit warnings in 2015 again. >more

Duff & Phelps

2015 EUROPEAN GOODWILL IMPAIRMENT STUDY

In 2013, Duff & Phelps launched its inaugural study of goodwill impairments recognized by European companies. Now in its third edition, the 2015 European Goodwill Impairment Study (2015 Study) continues to examine general goodwill impairment trends across countries and industries within the European market. >more

PricewaterhouseCoopers

PAYING TAXES 2016

Paying Taxes 2016 is a unique study from PwC and the World Bank Group. The study investigates and compares tax regimes across 189 economies worldwide using a case study company, and ranks them according to the ease of paying taxes. >more

Ernst & Young

BENCHMARKING EUROPEAN POWER AND UTILITY ASSET IMPAIRMENTS

European utilities experienced yet another year of significant asset impairments (€22.9b) in 2014 as depressed energy prices and regulatory changes took their toll on the region, according to EY’s Benchmarking European power and utility asset impairments: Testing times ahead study. >more

Ernst & Young

PROGNOSEÄNDERUNGEN IM PRIME ALL SHARE: H1 2015

More and more companies fail to forecast their performance accurately: After the number of profit warnings had risen to its highest level since 2011 already in 2014, the first half of 2015 recorded 59 so called "profit and turnover expectations" for the 304 Prime All Share corporations - another new peak. >more

Ernst & Young

GLOBAL TAX POLICY OUTLOOK FOR 2015

While the underlying trend of countries moving toward a broad-based, low-rate corporate tax environment continues to play out (and even accelerate slightly), a large proportion of countries report that their overall corporate income tax burden will increase in 2015 (31% of countries surveyed for 2015, compared to 26% in 2014). >more

Ernst & Young

INDIRECT TAX DEVELOPMENTS IN 2015

The indirect tax world is in constant motion. What was true yesterday or even today may prove to be wrong tomorrow. Four trends that shape the global indirect tax landscape: (1) Indirect taxes continue to grow while direct taxes stagnate, (2) Indirect taxes are adapting to new economic realities, (3) The global trade landscape is changing fast, (4) Tax authorities are focusing on enforcement of indirect taxes. >more

Allen & Overy

PENSIONS ISSUES FOR MULTINATIONALS: WHAT TO EXPECT IN 2015

The pensions landscape changes quickly, and it can be difficult for corporate multinationals to keep track of developments in all the countries where they operate, as well as keeping up with initiatives on the wider European and global scene. >more

PricewaterhouseCoopers

PAYING TAXES 2015: THE GLOBAL PICTURE

Paying Taxes 2015 is a unique study from PwC and the World Bank Group. The study investigates and compares tax regimes across 189 economies worldwide using a case study company, and ranks them according to the ease of paying taxes. >more

PricewaterhouseCoopers

INTEGRATED REPORTING IN GERMANY: THE DAX30 BENCHMARK SURVEY 2014

The purpose of this survey is to provide insights into how huge listed companies in Germany are moving forward towards integrated reporting and how they can improve their reporting towards a convincing story about the company’s ability to maintain and create value in the short, medium and long term. >more

Duff & Phelps / Mergermarket

2014 EUROPEAN GOODWILL IMPAIRMENT STUDY

Mergermarket is pleased to present the second edition of the European Goodwill Impairment Study in association with Duff & Phelps. The study examines general goodwill impairment trends across countries and industries within the European market, and includes a survey of 240 European financial executives across a variety of industries. Highlights from the report include: European companies in the STOXX® Europe 600 Index recognised a total of €49.6 billion of goodwill impairments in calendar year 2013, representing a decrease of approximately 25% from the €66.4 billion recorded in 2012. >more

PricewaterhouseCoopers

WORLDWIDE TAX SUMMARIES 2014/15

Worldwide Tax Summaries – Corporate Taxes 2014/15 is a useful reference tool, to help you manage taxes around the world. It offers quick access to information about corporate tax systems in over 150 countries worldwide, in an easily digestible format. >more

Duff & Phelps

2013 EUROPEAN GOODWILL IMPAIRMENT STUDY

The 2013 European Goodwill Impairment Study, prepared in partnership with Mergermarket, examines goodwill impairment trends across countries and industries within the European market. This inaugural report also includes a survey of 150 European financial executives across a variety of industries, focusing on the challenges faced when performing goodwill impairment tests in accordance with IAS 36, and an interview with Professor Erik Peek, Duff & Phelps Chair in Business Analysis and Valuation. >more

PricewaterhouseCoopers

INTEGRATED REPORTING IN GERMANY: THE DAX30 BENCHMARK SURVEY 2013

In this survey, PwC examined the degree of effectiveness of corporate reporting at DAX 30 companies based upon PwC’s integrated reporting model and the IIRC’s Consultation Draft of the International <IR> Framework. The purpose of this survey is to provide insights into how companies can improve their reporting towards a convincing story about the company’s ability to maintain and create value in the future. >more

PricewaterhouseCoopers

PAYING TAXES 2014

This is the ninth year that the Paying Taxes sub-indicator has been part of the World Bank Doing Business project. This year the number of economies covered has increased to 189 and while this number is impressive the value that the study brings lies in the ability to compare and contrast economies within relevant peer groups. >more

KPMG

ACCOUNTING NEWS - APRIL 2013

Within this issue of the accounting news, KPMG highlights, amongst others, innovations in taxation of fiscal unities and a newly published IASB draft on an expected loss model for financial instruments. >more