The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) that mandates new expense ...

The European Union has made a significant stride in its ongoing efforts to modernise its value-added tax (VAT) system, with the European Council recently agreeing on a comprehensive legislative ...

KPMG has announced a reduction of approximately 330 positions from its US audit practice, representing nearly 4% of its 9,000 ...

The UK government’s Autumn Budget 2024 has placed a strong emphasis on sustainability, with significant funds directed ...

In the latest Autumn Budget, the UK government doubled down on its commitment to digitalising tax processes, announcing that ...

In a significant reversal, the Second U.S. Circuit Court of Appeals has revived a lawsuit from investors alleging that BDO ...

As Chancellor Rachel Reeves gears up to unveil Labour’s first budget, speculation is rife about the fate of one of the most ...

Intangible assets play a key role in a company’s success, yet their true value often goes unnoticed due to the traditional focus on fixed assets in business valuation models and reporting. Peter ...

In a significant shift, EY is reportedly exploring a joint venture for its UK legal business as it grapples with economic ...

Following the UK Budget announcement, key figures across finance, tax, and business have responded to the Chancellor’s ...

The UK Autumn Budget of 2024 has sharpened the focus on reducing the tax gap by amplifying both financial pressure on overdue tax payments and enforcement mechanisms. This double-edged approach, ...