A new tax declaration?
Article Abstract:
Accountants in the UK are worried that the US Financial Accounting Standards Board's Final Interpretation No 48 (FIN 48), which forces companies to reveal details of uncertainty in their tax bills could have a wide-ranging impact on British companies. However, many issues have come up, questioning if these fears are justified or if it is just a case of scare mongering aimed at attacking up further anti-US sentiment in the wake of Sarbanes-Oxley.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2006
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Turnover takes centre stage
Article Abstract:
The new 'Application Note' added to FRS5 Reporting the Substance of Transaction has rectified the accounting requirements on the recognition and measurement of turnover. The Application Note provides specific guidance for five types of different transactions.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2003
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Global must mean global
Article Abstract:
The effects of standard setting and regulation of international standards on developing economies and on advanced economies are discussed. The financial regulation for companies in advanced economies is unsuitable for developing economies.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2005
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