Month: November 2019

OECD consults on global tax rules to stop profit shifting

From Accountancy Daily: The OECD is consulting on its global anti-base erosion (GloBE) proposal which is designed to prevent multinationals from profit shifting, by developing rules which would effectively create a minimum tax rate worldwide. The proposal forms part of the remaining programme of work under the OECD’s Base Erosion and Profit Shifting (BEPS) framework, which …

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The man who tried to disrupt Wall Street’s stranglehold on Silicon Valley is retiring

From Vox: Barry McCarthy, the pioneer behind a novel method to take companies public, is leaving his role as the chief financial officer at Spotify. It’s a major loss for the streaming audio company. McCarthy may not be well known beyond the ranks of Wall Street and Silicon Valley, but the idea he developed last …

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What Kind of Problems Can Machine Learning Solve?

From Cfo.com: The use of machine learning technology is spreading across all areas of modern organizations, and its predictive capabilities suit the finance function’s forward-looking needs. Understanding how to work with machine learning models is crucial for making informed investment decisions. Yet, for many finance professionals, successfully employing them is the equivalent of navigating the …

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