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November 21, 2012
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  Top Stories 
  • What accountants need to know about Windows 8
    Windows 8 is Microsoft's attempt to get into the mobile market, dominated by Apple's iOS and Google's Android operating systems. That strategic step is important for accountants to understand because it will help them decide whether to switch to Windows 8. Journal of Accountancy (11/2012) LinkedInFacebookTwitterEmail this Story
  • CFOs worldwide become more cautious about where to expand
    Currency fluctuation and geopolitical risk have become chief financial officers' biggest concerns, prompting them to be less optimistic about the success of their company's international expansion. Such rising risk awareness has CFOs focusing on seven countries considered safe havens. CGMA Magazine (11/12) LinkedInFacebookTwitterEmail this Story
  • Wal-Mart expands bribery investigation into more markets
    Wal-Mart Stores' investigation of bribery allegations has grown beyond Mexico to include China, India and Brazil, the company revealed in a regulatory filing. The retailer has spent $35 million and hired 300 outside lawyers and accountants to staff a program launched last year aimed at ensuring compliance with the law and avoiding violations of the U.S. Foreign Corrupt Practices Act. The New York Times (tiered subscription model) (11/15) LinkedInFacebookTwitterEmail this Story
  Africa 
  • Namibia plans tax on carbon emissions
    In 2013, Namibia will follow South Africa and levy a carbon dioxide emission tax on new and used vehicles and tires. The Ministry of Finance is also considering a tax on plastic bags, bottles and glasses. New Era (Namibia) (11/16) LinkedInFacebookTwitterEmail this Story
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  Americas 
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  Asia 
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  Australia 
  • Australian and European regulators scrutinize tax structures
    Tax authorities are increasingly targeting corporate structures of Google, Apple, eBay and other companies that use offshore jurisdictions as tax havens. In many cases, such companies' local operations post losses in higher-tax locales. Much of the push-back has been from European authorities, but Australia also is examining multinationals that use such practices. The Sydney Morning Herald (Australia) (11/17) LinkedInFacebookTwitterEmail this Story
  Europe 
  • IASB adopts collaborative approach to harmonizing standards
      
    The International Accounting Standards Board plans to create an advisory forum of national standard setters and regional entities. The goal is to formalize a relationship between participants and the IASB. This approach will take precedence over bilateral arrangements the IASB has pursued in the past, such as with the U.S. Financial Accounting Standards Board. Accountancy Age (London) (tiered subscription model) (11/15) LinkedInFacebookTwitterEmail this Story

  • Other News
  AICPA News 
  • Current SEC and PCAOB Developments
    Speakers at the Current SEC and PCAOB Developments conference, scheduled Dec. 3 to 5 in Washington, D.C., will include Securities and Exchange Commission member Luis Aguilar, Financial Accounting Standards Board Chairwoman Leslie Seidman and International Accounting Standards Board Chairman Hans Hoogervorst. You can attend the conference at simulcast locations in San Francisco, New York City, Dallas or Chicago or live from your computer. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
A good man with a good conscience doesn't walk so fast."
--Georg Büchner,
German writer


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