Accounting
The European Commission and the Taxation of the Digital Economy
Key Findings The EU budget agreement reached in 2020 called for a new digital levy as a funding mechanism. Evidence on the taxes paid by digital companies calls into question the arguments in favor of a digital levy. EU policymakers should focus on continued implementation of digital VAT policies and ongoing international negotiations rather than…
Read MoreFinancial Transaction Taxes in Europe
Since the 2008 financial crisis, financial transaction taxes (FTTs) have been debated as a potential instrument to address financial market instabilities and as a source for tax revenue. Today’s map shows which European OECD countries impose a type of FTT. FTTs are levied on the trade in financial instruments such as stocks, bonds, or derivatives.…
Read MoreCOVID-19 regulations rank as top risk for executives
Coronavirus-related government policies and regulations that could affect business performance ranked as the top risk cited by board members and C suite executives, according to a new survey. Original Article Posted at : https://www.accountingtoday.com/news/covid-19-regulations-rank-as-top-risk-for-executives
Read MoreIFRS Foundation plans decision on sustainability standards board for Fall
The International Financial Reporting Standards Foundation may present a proposal to the United Nations in November for setting up a global sustainability standards board. Original Article Posted at : https://www.accountingtoday.com/news/ifrs-foundation-plans-autumn-decision-on-international-sustainability-standards-board
Read MoreIMA announces its 2021 ‘Endorsed Schools’
The Institute of Management Accountants recognized eight more colleges and universities around the world notable in their commitment to students earning the Certified Management Accountant credential. Original Article Posted at : https://www.accountingtoday.com/news/ima-announces-its-2021-endorsed-schools
Read MorePrivate sector payrolls added 174K jobs in January
The private sector added 174,000 jobs in January, according to payroll giant ADP, despite the economic fallout and business closures from the COVID-19 pandemic. Original Article Posted at : https://www.accountingtoday.com/news/private-sector-payrolls-added-174k-jobs-in-january-says-adp
Read More2021 CPA Success Index: Expanded rankings of the nation’s 521 largest collegiate accounting programs
NASBA’s data on CPA Exam pass rates is useful, but it only measures single-section pass rates. It does not measure how well students progress toward completing all four parts needed to become a CPA. Original Article Posted at : https://www.accountingtoday.com/opinion/2021-cpa-success-index-expanded-rankings-of-the-nations-521-largest-collegiate-accounting-programs
Read MoreAprio buys cybersecurity and IT staffing companies
Twenty-five staff members from Syzygy Solutions and Velossent will join Aprio’s advisory services group. Original Article Posted at : https://www.accountingtoday.com/news/aprio-buys-cybersecurity-and-it-staffing-companies
Read MoreHow Could the United States Pay for Reparations?
A few years ago, Ta-Nehesi Coates wrote a powerful essay, “The Case for Reparations” for The Atlantic . Reparations, he affirmed, would help close the…
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