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February 13, 2013
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  • Moving to the cloud: Unexpected costs and implementation challenges
    A cloud-adoption strategy can maximize a company's long-term benefits from moving its information technology system to the cloud, but executives shouldn't expect overnight results. A KPMG survey suggests that, in the short run, switching to cloud computing can cost more and cause more implementation problems than anticipated. CGMA Magazine (2/5) LinkedInFacebookTwitterEmail this Story
 IFRS Quarterly Webcast Series
Each quarter, the new IFRS Quarterly Webcast Series covers significant standards within the IFRS and literature and contrast the IFRS approach with U.S. GAAP. These practical down-to-earth sessions will keep you plugged-in to what's important. A must for both preparers in public companies and practitioners who have public company clients, this is where to be when it comes to knowing about the areas of IFRS implementation.
 

  Africa 
  • South African companies keep eye on China's accounting standards
    South African companies and investors are paying close attention to accounting standards that midsize and large companies in China -- South Africa's leading trade partner -- are expected to adopt in the next few years. Chinese generally accepted accounting practice does not completely align with International Financial Reporting Standards, used by most foreign firms in China. Accountancy SA (South Africa) (2/2013) LinkedInFacebookTwitterEmail this Story
  Americas 
  • Canada notes tariffs as reason goods cost more than in U.S.
    A yearlong government study could not conclusively determine the reason Canadians pay more than Americans for certain goods. The study identified factors including tariffs, transportation costs and the relative size of the Canadian market. The report recommends reviewing tariff rates and considering an increase in how much can be shipped in Canada duty-free. CBC.ca (Canada) (2/6) LinkedInFacebookTwitterEmail this Story
  • UBS is liable for $1.2B in Brazilian back tax
    UBS owes Brazil $1.2 billion in back tax, according to the bank's annual report. The debt is related to a period when UBS owned investment bank Banco Pactual, between 2006 and 2009. UBS sold the unit for $2.5 billion to cover losses from the financial crisis. Reuters (2/6) LinkedInFacebookTwitterEmail this Story
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  Asia 
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  Australia 
  Europe 
  • Europe standard setters unite to lobby IASB
    European standard-setting bodies are joining forces to lobby the International Accounting Standards Board as it revises its conceptual framework for developing and refining accounting standards. These organizations, which include bodies from the U.K., Germany, Italy and France, hope to see any changes reflect issues important to Europe. They have published a joint consultation paper, "Getting a Better Framework," to describe some of these issues and plan to issue additional bulletins. Accountancy Age (London) (tiered subscription model) (2/8) LinkedInFacebookTwitterEmail this Story
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