A live discussion held between EGIAN chair Andrew Brown and Russell Bedford International chairman Geoff Goodyear has yielded some insights into the current status of the Barnier proposals on audit reform. Speaking at a press conference held at the Russell Bedford International Tax & European Conference, Copenhagen on 14 May 2012, Brown was clear that …

FBL Comptables Agréés / Chartered Accountants has joined Russell Bedford International as the global accounting network’s exclusive member firm covering the whole province of Québec in Canada. Commenting on the announcement, Robin Tétreault, partner of FBL, said: “Our new affiliation will allow the firm to provide its clients with a global perspective on their international …

Businesses in Romania are subject to the second most complex tax system in the world – at least in terms of the number of separate taxes that exist. The annual Paying Taxes survey from the World Bank Group (part of its larger Doing Business report) indicates that Romanian businesses last year could be asked to …

Austin-based PMB Helin Donovan LLP, a member of the Russell Bedford CPA network and one of the largest accounting firms in the Austin, Texas region has merged with Vink Teague & Associates LLLP (VTA). The combined firms are now operating under the PMB Helin Donovan name. “Dallas has been on our radar screen for quite …

LogiXML, the pioneer of web-based business intelligence (BI), has announced that Revas, the outsourcing arm of Baker Tilly, a leading international provider of accountancy and business advisory services, used LogiXML ‘s “Active Analytics” technology to embed actionable financial analytics into its Client Portal, and to power the innovation of financial applications. The move not only …

A recent World Bank report has ranked Finland just outside the world’s top ten business environments.  Now ranked in 11th place in the annual World Bank Doing Business report, simplification of its VAT and labour tax compliance systems have also seen Finland leap 31 places (from 59 to 28) in the bank’s annual Paying Taxes …

Recent reforms to its tax administration have seen Costa Rica leap 18 places in World Bank rankings of the world’s easiest tax compliance regimes, moving from 156th place to 138th. The annual World Bank Doing Business report assesses regulations affecting domestic firms in 183 economies, ranking each on the basis of various criteria including ease …

Cornejo & Umaña has joined the Russell Bedford International accounting group as the new member firm in El Salvador, Central America. The firm began operating in 2004.  It provides accounting and tax services, internal and external auditing, and advice on mergers and acquisitions, liquidations and privatisations. The two partners, Luis Alfredo Cornejo and Edwin David …

A new Accounting for Academies platform will be showcased at The Academies Show 2012 by award-winning Sage and Microsoft Business Partner, DMC Software. DMC Software Solutions, Sage Platinum Partner and Sage Circle of Excellence Winners, will be exhibiting for the first time at this year’s Academies Show at Olympia, London on 16th May 2012, stand …

A recent World Bank report has seen Colombia leap 25 places in rankings of the world’s easiest tax compliance regimes. Despite having one of the highest total tax takes of any economy in the world (businesses are subject to a rate of 74.8%), in terms of ease of paying taxes at least the country has …

Russell Bedford International, the global professional services group, has further expanded its presence in China with the admission to its network of Shanghai JiaLiang CPAs Limited, based in Shanghai.  Complementing the network’s principal existing locations in Beijing, Hong Kong and Guangzhou, this latest addition is a key step in Russell Bedford’s strategic development of a …

(Sunnyvale, CA) – The Bulgarian Ministry of Finance announced new amendments to the application of VAT laws which includes compulsory deregistration of certain foreign entities for VAT. The amendments came into effect on February 21, 2012 and include the following changes: Deregistration for VAT, of entities and branches of foreign entities has been made compulsory …

Hong Kong * The Inland Revenue Department said that it will issue the applicable version of “Employers return of remuneration and Pensions” (BIR 56A) on April 2, 2012. * The Inland Revenue Department will also issue the current version of “Tax Return – Individuals” (BIR60) on May 2, 2012. Denmark * The first installment of …

Abdulwahid Aboo, managing partner of the Russell Bedford network’s correspondent firm in Kenya, has been appointed as a member of the Small and Medium Practices (SMP) Committee of the International Federation of Accountants (IFAC). Mr Aboo is a member of the council, and the immediate past Vice Chairman, of the Institute of Certified Public Accountants …

  A recent World Bank survey has confirmed Hong Kong’s position as one of the most positive global business environments – with one of the three easiest tax compliance regimes in the world. The annual World Bank Doing Business report assesses regulations affecting domestic firms in 183 economies, ranking each on the basis of various …

The Russell Bedford accounting group has announced the strengthening of its coverage in the Baltic Region by the appointment of ECB SIA as a correspondent in Latvia. ECB was established in 1999 by a British owner. It is now run by its two Latvian directors, both Certified Accountants and members of the Latvian Accountants Association. …

((Sunnyvale, CA) – China has issued changes to the Companies’ and Branch Offices’ tax return forms effective Jan 1, 2012. The Corporate Income Tax (CIT) return forms that have been revised are: * (Form A) for monthly/quarterly provisional corporate income tax returns *(Form B) – monthly/quarterly and annual corporate income tax returns *TPAR Form–for tax …

  The Managua-based CPA firm FIACYCP, S.A. has been selected as the Russell Bedford correspondent in Nicaragua. FIACYCP (Firma Internacional de Auditores, Consultores Y Contadores Públicos, S.A.) is a newly-established four-partner practice. The firm offers a multi-discipline range of services including audit, accounting, tax, legal assistance and business consulting. The partners have particular experience in …

Bermudo & Quijada y Asociados, a legal, accounting and tax practice, has been appointed as a correspondent of the Russell Bedford global accounting group in Seville, Spain. Founded as a professional services firm by Miguel Ángel Bermudo Valero and Araceli Quijada Millán in 1998, Bermudo & Quijada is now a multi-discipline practice comprising corporate lawyers, …

The Republic of Korea is now one of the ten easiest countries in the world in which to do business, according to a recent World Bank survey. The annual World Bank Doing Business report assesses regulations affecting domestic firms in 183 economies, ranking each on the basis of various criteria including ease of starting a …

A recent World Bank survey has confirmed Singapore’s position as the world’s best business environments – with one of the easiest tax compliance regimes in the world. The annual World Bank Doing Business report assesses regulations affecting domestic firms in 183 economies, ranking each on the basis of various criteria including ease of starting a …

  The Tirana-based firm Alb BB Auditing has been selected as the Russell Bedford accounting network correspondent in Albania. Alb BB Auditing is an independent auditing company established in 2000 by Lavdimir Fusha, a CPA and member of Albanian Institute of Authorised Chartered Auditors (IEKA). It is the first local auditing firm to be authorised …

Vali & Co. has joined Russell Bedford International as the accounting network’s first correspondent in Zimbabwe. The firm was founded in 1988 by Ephraim Chakuzuza Mbodza and initially provided accounting, taxation, secretarial and general business consultancy. In 2006 the firm obtained an audit licence through one of its partners and commenced provision of both external …

AAC Revision und Treuhand AG has been selected by the Russell Bedford global audit and accounting group as its first correspondent in Liechtenstein. AAC Revision und Treuhand AG was established in 2008 by Horst Buechel with the goal of becoming a premium boutique in the field of auditing, tax advisory services and financial consulting.  It …

An expert who is backing gold as a top alternative investment strategy for 2012 has attracted the support of AAA, according to the advocacy group. Boston, MA, January 14, 2012 – An expert who is backing gold as a top alternative investment strategy for 2012 has attracted the support of Alternative Asset Analysis (AAA), according …

Lower profit tax rates and the harmonization of many tax procedures have seen Canada retain its ranking as one of the world’s top ten business environments, at least in terms of tax compliance. The annual World Bank Doing Business report assesses regulations affecting domestic firms in 183 economies, ranking each on the basis of various …

The addition of Grupo IURIS (Benito Asesores y Abogados, S.L. and Stella Iuris, S.L.) has boosted the presence of the Russell Bedford España professional services network in the Spanish capital Madrid. Benito Asesores was founded in 2005 as the result of a split from the Employment Law Department of one of the second tier accounting …

  Venezuela has become the most difficult country in the world for companies to meet their tax compliance obligations, slipping to bottom place in a major World Bank report. The annual World Bank Doing Business report assesses regulations affecting domestic firms in 183 economies, ranking each on the basis of various criteria including ease of …

A recent World Bank survey ranks Ireland as having one of the easiest tax regimes in the world, putting the country in fifth place overall in terms of tax compliance obligations and the total tax rate. The annual World Bank Doing Business report assesses regulations affecting domestic firms in 183 economies, ranking each on the …

The Russell Bedford global audit and tax consulting network has appointed Dmowski Zaremba Olczak (DZO) as its new Polish member firm.  DZO, now rebranded as Russell Bedford DZO, is a multi-discipline professional services group which was launched in January 2011 by a team leaving one of the second-tier accounting firms. The group comprises a consulting …