This content is from: Canada Canadian auditors face pressure to adopt international standards Canada’s auditor watchdog is being warned to stop using US-style rigid rule-based reporting standards in favour of International Accounting Standards, if it wants to restore investor confidence July 27 2002
This content is from: Direct Tax Big Four face competition review The Big Four accountancy firms are to face a UK competition inquiry over the high market concentration of audit and accountancy services July 27 2002
This content is from: Direct Tax Standards-setting body demands full stock-option disclosure The body in charge of setting international accounting standards has moved a step closer to demanding that companies fully disclose the costs of granting share options to employees July 27 2002
This content is from: Mexico Reforms move Mexico away from cross-border securitization focus Reforms to allow securitizations backed by tax revenue in Mexico will shift deal activity away from international transactions towards more domestic work, a new report has revealed July 26 2002
This content is from: Belgium European Commission threatens member states over VAT rules Four EU member states are under fire from the European Commission for their rules on value added tax July 20 2002
This content is from: Belgium EU transfer pricing think-tank appoints top practitioners The European Union and UNICE — the European business lobby group — have chosen 10 leading private practice tax specialists to debate the future of transfer pricing policy in the region July 20 2002
This content is from: Canada Canada toughens auditor rules Canada’s accounting firms are to face a tougher system of reviews and sanctions following concern among regulators about auditor independence July 20 2002
This content is from: Direct Tax Accountants face review of non-audit activities Accounting firms may be banned from providing non-audit services to clients in the UK, as part of a review that could also threaten the future of multidisciplinary practices July 20 2002
This content is from: United States PwC pays $5 million fine after SEC auditor independence crackdown The US securities watchdog has reached a $5 million settlement enforcement action against PricewaterhouseCoopers and its broker-dealer affiliate, PricewaterhouseCoopers Securities, for breaking auditor independence rules July 19 2002
This content is from: Direct Tax KLegal and KPMG announce lay-offs KLegal, KPMG’s UK legal arm, will follow its cutting of 62 jobs in England and Scotland with a series of partner lay-offs over the next few months July 19 2002
This content is from: United States Allen & Overy loses US tax chief to Baker & McKenzie Robert DeJoy has quit as US tax chief of Allen & Overy, saying the firm’s limited US resources led him to accept an offer from Baker & McKenzie July 13 2002
This content is from: Japan Challenges mount to consolidated-tax surcharge in Japan European business leaders are calling on the Japanese government to remove the 2% surcharge it intends to charge companies using consolidated taxation July 13 2002
This content is from: Czech Republic White & Case lures 10-strong Andersen tax team White & Case, Feddersen has more than quadrupled its tax practice in the Czech Republic by hiring a team of 10 advisers from Andersen July 13 2002
This content is from: Direct Tax Ernst & Young hires former Andersen Legal global chief Patrick Bignon has joined Ernst & Young in a new role as global vice-chair for law, following the disintegration of both the Andersen and Andersen Legal networks July 13 2002
This content is from: Belgium EU goes to court over stock exchange taxes Belgium will come under pressure to abolish taxes on stock market transactions after the European Commission announced it was taking the country to court July 13 2002
This content is from: Canada Lawyer exodus forces office closures at Ernst & Young Doubts about the future of accountancy-tied law firms are forcing Ernst & Young to close two of the three offices of its Canadian-tied firm July 06 2002
This content is from: Direct Tax Bird & Bird expands UK tax group with international focus Bird & Bird has followed its launch of tax practices in both France and the Netherlands by expanding its UK capability July 06 2002
This content is from: Direct Tax Big Five becomes Big Four after EU clears merger The big five global accountancy firms will be reduced to just four in the UK after European officials gave Deloitte & Touche approval to take over most of Arthur Andersen's UK business July 06 2002
This content is from: United States US proposals threaten more tax on foreign investment A bill proposed by the House of Representatives Ways and Means Committee threatens to impose additional taxes on foreign investors in the US July 06 2002
This content is from: Hong Kong SAR JP Morgan snares PwC partner as Asian head JP Morgan Private Bank has hired a new head for its Asian wealth advisory practice from PricewaterhouseCoopers July 05 2002
This content is from: South Korea Korea slashes rates on foreign workers The Korean Ministry of Finance and Economy is changing its tax laws to boost foreign investment in the country July 05 2002
