Month: September 2019

International Ethics Standards Board for Accountants (IESBA) is calling for comments on its draft Proposed Revisions to the Code to Promote the Role and Mindset Expected of Professional Accountants.   Some of the key points from the report: The concept of professional skepticism is most prominently dealt with in auditing and assurance standards. In this regard, the International Auditing and Assurance Standards …

THE ROLE AND MINDSET EXPECTED OF PROFESSIONAL ACCOUNTANTS Read More »

According to Abelardo “Billy” Cortez, IAFEI secretary and executive committee member, the 10-member Association of Southeast Asian Nations (ASEAN) has a population of 622 million people and enjoys a rate of economic growth in excess of advanced economies. Writing in the latest IAFEI Quarterly, Cortez says the AEC Blueprint calls for a smoothly-functioning regional financial …

ASEAN must move for financial integration Read More »

From CFO.com: With the help of significant investments in technology, CFOs have been able to expand their focus from traditional concerns — primarily financial integrity of the business and risk management — to areas impacting enterprise performance. The majority of CFOs are well positioned to take a broader role in managing enterprise performance. In a recent …

CFOs are well positioned to take a broader role in managing enterprise performance Read More »

Accounting and tax professionals working for multinational businesses will continue to face significant challenges as the trend for greater harmonisation in global compliance and regulation fails to gather pace, a report by TMF Group, a leading provider of international business administration support services, reveals.   The ‘TMF Group Accounting and Tax Report’, part of the 2019 …

Local complexities in accounting and tax continue as global harmonisation fails to bite Read More »

U.S. business optimism dropped this quarter to its lowest level in three years, according to third-quarter results from the Duke University/CFO Global Business Outlook. A majority of CFOs expect a recession to start before the presidential election. The CFO survey has been conducted for 94 consecutive quarters and spans the globe, making it the world’s …

OPTIMISM SINKS TO 3-YEAR LOW; RECESSION EXPECTED BEFORE 2020 U.S. ELECTION Read More »

CFO Talks took its cameras to the Leaderex exhibition in Johannesburg last week and managed to sit down with a range of business and opinion leaders, including Bonang Mohale of Business Leadership SA, Adrian Saville of Cannon Asset Managers, Mervyn King of the famed King Corporate Governance Report, Professor Owen Skae of Rhodes Business School, …

CFO Talks at Leaderex Convention: what leaders say is the top priority for the country Read More »

Bonang Mohale – Business Leadership SA Adrian Saville – Cannon Asset Managers Prof Owen Skae – Rhodes Business School Jon Foster-Pedley – Henley Business School Africa Freeman Nomvalo – SA Institute of Chartered Accountants Coenie Middel – Middel & Partners Mervyn King – The King Corporate Governance Reports Trevor Page – Deloitte Consulting Sharmla Chetty …

Videos from Leaderex convention in Johannesburg Read More »

The IAFEI survey for Q3 2019 is now open! This quarter, we focus on negative or low interest rates and their impact on investment decisions. Please share your views and see the results for your region and across the world.  Click on the link below to access the survey which should take no more than 5 minutes to …

Share your views for the IAFEI survey for Q3 2019 Read More »

Reuters: Amazon.com Inc on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over its tax treatment of transactions with a Luxembourg subsidiary. In a 3-0 decision, the 9th U.S. Circuit Court of Appeals in Seattle upheld a 2017 ruling by the U.S. …

Amazon.com defeats IRS appeal in U.S. tax dispute Read More »