The Press Release Resource

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 …

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 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 …

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. …

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 …

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 …

  Akhvlediani Audit Consulting has joined Russell Bedford International as the accounting network’s first correspondent in the Republic of Georgia. The practice was founded in 2005 by Zviad Akhvlediani, an economist, lawyer and certified auditor.  Originally established under the name Complex Inter Service, the firm adopted its current name in 2008. According to a published …

Leading international accounting and tax consulting network Russell Bedford International has again assisted the World Bank in the compilation of its annual Doing Business project, with 51 member and correspondent firms this year contributing data on tax regulation, compliance and the real tax burden on businesses and entrepreneurs. This year’s report, Doing Business 2012: Doing …

VN Accounting Solutions, one of the premiere Brampton, Ontario-based accounting and financial services firm has introduced a slew of new financial services at their Brampton office including insurance and investment products. These services are highly critical for small and mid-sized businesses and they can also be indispensable for individuals of high net worth trying to …

The International Monetary Fund predicts that the deficit in 2012 will be around 4%, with slightly negative growth of -1%, and zero growth in 2011. The IMF urges the government of Cyprus to take such measures that will drastically reduce it and restore confidence in investors. Answering questions during a press conference at the end …

HTI has been processing payroll, tax and revenue related documents within the Public and Private Sectors for years. Danville, Virginia, September 27, 2011 – Horizontech, Inc. (HTI), a Global information technology and document solutions company, today announced an enterprise document workflow solution for capture, data entry, image hosting and undeliverable mail processing for Public and …

The international audit and accounting group Russell Bedford has selected the Riyadh-based firm AlHoshan Certified Public Accountants & Consultants as its first correspondent in Saudi Arabia. AlHoshan was established in 1993 as a group of professionals delivering audit, accounting, consultancy and IT business solutions to both the public and private sectors. The chairman and founding …

Jayasinghe & Co. has joined Russell Bedford International as the worldwide accounting and audit network’s first correspondent in Sri Lanka. Established in 1985, the firm has grown into a five-partner practice of Chartered Accountants with over 160 personnel. Jayasinghe & Co. offers a wide range of risk assurance (external and internal audit), tax advisory, business …