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Public consultation on the functioning of the administrative cooperation and fight against fraud in the field of VAT

On 7 April 2016 the Commission adopted an Action Plan on VAT – Towards a single EU VAT area. The Action Plan provides clear orientations towards a robust single European VAT area in relation to the definitive VAT system for cross-border supplies. In view of such reform other aspects of VAT will have to be Citeste mai departe

Accountancy Europe recent events: Members’ Assembly and Digital Day

The President of CECCAR was present in Brussels on 28 and 29 March 2017 for two major events hosted by Accountancy Europe (former FEE): Members’ Assembly meeting and Digital Day Conference. Beside the strategic debates on the future of audit and assurance, taxation, the relationship with EFAA, the main focus of this Members’ Assembly meeting Citeste mai departe

Public Trust in Tax

ACCA (the Association of Chartered Certified Accountants), IFAC (the International Federation of Accountants) and CA ANZ (the Chartered Accountants Australia and New Zealand) jointly published the first ever in-depth study of people’s views and who they trust on international taxation across all of the G20 Nations that gathered the contributions of over 7,600 people across Citeste mai departe

Follow-up paper on the Future of Corporate Reporting

Accountancy Europe released a follow-up to its 2015 Cogito paper, The Future of Corporate Reporting – creating the dynamics for change. This new publication presents a summary of the responses received to the first paper in writing as well as during several public and private events. According to the Accountancy Europe press release, there are Citeste mai departe

Most OECD Countries are Now Using Accrual Accounting

According to the recent study conducted by the International Federation of Accountants (IFAC) and the Organization for Economic Co-operation and Development (OECD), Accrual Practices and Reform Experiences in OECD Countries, nearly three-quarters of OECD countries have adopted accrual accounting for their year-end financial reports and more than a quarter now prepare their annual budgets on Citeste mai departe

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