Hints and tips:
...and accounting into consulting services....
...Pre-tax losses at the private equity-backed business widened to £10.6mn during the 12 months to March, compared with a £10.2mn loss a year earlier, following a rise in staff and financing costs....
...The financial restructuring comes after BDO USA decided to abandon the traditional partnership model used by other large accounting firms in search of tax advantages and greater flexibility....
...The planned disposal is the latest in a string of transactions by the Big Four accounting firms, which also include EY, KPMG and PwC, as they attempt to raise funds for investment in areas such as technology...
...He will be replaced in June 2023 by Philip Mills, who has led the firm’s global tax and legal practice since 2019....
...Private equity has been attracted to accounting firms by the combination of steady income from tax and audit work and the opportunity to expand into new services such as consulting....
...Those associations need to “manage and report to the tax office”....
...Big Four rival PwC is using AI chatbots in its legal and tax divisions to speed up the work of its employees by summarising large documents and identifying compliance issues....
...The Barcelona-based company, which moved its tax residence to low-rate Ireland in 2015, dismissed the allegations from Gotham City as “false information and speculations”....
...tax treatment....
...One good read A carbon tax by other means....
...PwC tipped off Google on the timing of a controversial Australian tax law, based on inside information gleaned by one of the accounting firm’s partners, it has been revealed....
...Job moves EY has appointed Janet Truncale, the head of its financial services business in the Americas, to be its next global chief executive, putting a woman in charge of a Big Four accounting firm for...
...PayPal has named Jamie Miller as chief financial officer, snapping up the veteran finance executive after she left the Big Four accounting firm EY in June....
...The billionaire’s flagship company Adani Enterprises more than doubled its profit after tax for the three months ending in March to Rs7.8bn ($95mn) from the same period last year....
...The firm also has tax and legal, financial advisory and risk advisory divisions, which sit alongside its audit and consulting operations....
...The smaller financial and risk advisory divisions both grew by about a fifth while sales of tax and legal advice rose 11.5 per cent to $9.9bn....
...Some analysts and investors have remained sceptical about Darktrace’s products and accounting....
...By far the most important is The Worldwide Production Services LLC (WWPS), a Toronto-based film company that holds digital distribution rights to the ILBE-produced Puffins and Arctic Friends series....
...The group has in the past reported accounting errors that resulted in an overstatement of inventories....
...The Big Four, which provide tax and consulting advice along with accounting and audit services, are generally free to refer work to independent firms in countries where they do not have a presence....
...Accounting for just over a third of group revenues, its operating income surged nearly 300 per cent in the fourth quarter, and earnings before interest, tax, depreciation and amortisation leapt 86 per cent...
...Thylmann would be charged with tax evasion in late 2012 and sell the company to senior managers Feras Antoon and David Tassillo, but the Montreal-headquartered, Luxembourg-listed group went on to pull in...
...How did the Big Four accounting firm miss so many red flags? (Wall Street Journal) Going once, going twice . . ....
...(FT) Dodgy dividends Sanjay Shah’s penchant for tax loopholes made him a fortune. Criminal probes in Denmark and Germany are questioning the legalities of his controversial Cum-Ex trades....
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