In April the government launched an independent review of the Financial Reporting Council (FRC), the regulator for auditors, accountants and actuaries.
AIA’s response to the Independent Review of the Financial Reporting Council Call for Evidence, which can be read here, highlighted the following:
Hong Kong’s official foreign currency reserve assets grew by US$700 million to US$320.9 billion in June, the Hong Kong Monetary Authority have announced.
The Financial Reporting Council (FRC) have announced the closure of the investigation into the conduct of Christopher Moore, a former Member of the ACCA and former executive of Torex Retail plc (Torex).
HMRC have released a Tax Information and Impact Note explaining a change to UK VAT law for businesses who believe they are unable to submit their VAT returns online.
Asia puts a 'Germany' on the map every 3.5 years in terms of economic size and will add three Euro zones in 25 years, said David Carbon, chief economist of the DBS Bank, during the DBS Asian Insights Conference 2014 held in Singapore on 4 July 2014.
The latest report from Randstad Financial & Professional suggests that the UK will have an increasing demand for accountants by 2050: