Month: July 2017
IMA revamps ethics guidance for accountants
The Institute of Management Accountants has updated its Statement of Ethical Professional Practice to guide the conduct expected of IMA members. The new SEPP guidance stems from research by the IMA’s Committee on Ethics, which studied the ethics codes of a number of other professional organizations, along with the global ethics standard released by the […]
ADP finds private sector added 158,000 jobs in June
Private sector employment increased by 158,000 last month, according to payroll giant ADP, in another sign of the job market moving toward what economists consider “full employment.” Small businesses added 17,000 jobs, mostly in businesses with between 20 and 49 employees. Midsize businesses with between 50 and 499 employees added 91,000 jobs. Large businesses added […]
The VAR 100
This annual report ranks the top resellers in the accounting space, and dives into the major issues they’re facing, as well as their strategies for success. Register to View
‘Voluntary tax’ plan fails miserably in Norway, as expected
(Bloomberg) Eager to pay more taxes? Then look no further than Norway. Hammered by the opposition for slashing taxes and going on a spending spree with the country’s oil money, the center-right government has hit back with a bold proposal: voluntary contributions. Launched in June, the initiative has received a lukewarm reception, with the equivalent […]
Ex-KPMG South Africa chief denies wrongdoing during Gupta audit
(Bloomberg) Moses Kgosana, who withdrew from taking the post as chairman of Alexander Forbes Group Holdings Ltd. in the wake of allegations related to his tenure as chief executive officer and senior partner at KPMG South Africa, said he offered to step aside from the position. “Public opinion was attracting unfair comment to Alexander Forbes […]
The expense reporting nightmare eases
Expense management. It’s a necessary evil that can dishevel even the most seasoned road warrior in seconds with the misplacement of a critical travel receipt. For accounting professionals, it can spell countless hours of unproductive data entry, receipt chasing, and murky, outdated views of client spending records. “Every client of every accounting firm out there […]
HiAccounting acquires WR Financial
HiAccounting has acquired the CPA firm WR Financial, effective June 30, 2017, expanding its presence in Hawaii. WR Financial, also known as WR Consulting, is based in Oahu and provides accounting, bookkeeping, financial consulting, and tax planning and preparation services to businesses and nonprofit clients. WR was founded in 2000 and had 251 clients last […]
GST accounting software released in India in response to new tax regime
IndiaFilings, a company based in India that provides an online business services platform, has launched a new goods and services tax (GST) accounting software. Dubbed Ledgers, the solution addresses the new GST regime in India that was launched July 1. The new tax system will affect overseas-based companies operating inside the country as well. The […]
Tax executives wary of risks from tax reform efforts
Tax executives are worried about some of the risks to their companies from the Organization of Economic Cooperation and Development’s Base Erosion and Profit Shifting project and U.S. tax reform proposals. A recent survey by Ernst Young polled 901 tax and finance executives in 69 jurisdictions around the world and found considerable wariness about OECD […]
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