Remove accounting standards Remove business tax Remove tax planning
article thumbnail

IESBA sets ethics standards for corporate tax planning

Accounting Today

The International Ethics Standards Board for Accountants has unveiled a set of ethical standards for business tax planning in response to complaints over tax avoidance by multinational companies.

article thumbnail

How to Use ChatGPT to Create Forms and Templates for Accounting Firms

CPA Practice

Internal Audit Checklist: For conducting audits within the firm to ensure compliance with accounting standards and regulations. Financial Statement Template: To prepare standardized financial statements for clients, such as balance sheets, income statements, and cash flow statements.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Professionals on the Move – July 2024

CPA Practice

Kowalsky serves on the Climate Task Force of the Federal Accounting Standards Advisory Board (FASAB) and sits on the Board of Directors of a cryptocurrency, digital assets, and blockchain 501(c)(3) non-profit which he co-founded. Ryan Bixenman is the is the tax team leader of the Special Purpose Acquisition Company Services Team.

Delaware 101
article thumbnail

How to Plan for Global Tax Minimization

Cherry Bekaert

Therefore, a well-thought-out global tax management strategy will be imperative to the success of your global business activities. With proper tax planning a company is able to reduce its worldwide effective tax rate as it expands overseas. Many countries do not have a tax treaty with the U.S.,

Tax 104
article thumbnail

Guide to accountant responsibilities

ThomsonReuters

Furthermore, accountants are increasingly focusing on a particular vertical or niche to further boost their competitive edge. Furthermore, because CPAs have a responsibility to the users of the client ’ s financial statements, clients expect CPAs to uphold the profession ’ s rules on independence.