Worldwide: Accounting and Audit

In May 2008, Eversheds opens a new purpose-built HQ in London. It is a statement of intent from the firm that it is committed to innovation, international growth and new standards for client focus and employee satisfaction.

Within the national press, legal and financial firms are notorious for failing to use their first-class expertise and involvement in newsworthy stories and controversial cases to achieve the public profile they merit.

One-third of UK law firms do not have a formal talent management strategy in place despite challenges facing the legal sector in the current environment, according to a survey by the business advisory firm Deloitte.

In the face of protests from charities, the Chancellor has scrapped plans to limit the amount of tax relief available on charitable giving.

Finance Act 2011 included several provisions simplifying the avoidance rules for corporate capital gains, following on from consultations during 2009 and 2010.

Finance Act 2011 amended s27 of CTA2010 so that where there is no substantial commercial interdependence between two companies, they will only be under common control for the purposes of the small profits rate by assessing control under CTA10 s451 ignoring the interests of any associate of a person or company (i.e. ignoring attribution according to CTA10 s451(4) and s451(5).

The Internal Revenue Service (IRS) is undergoing a period of change.

Our first article in this series discussed the reasons and benefits of performing project audits. This follow-up article discusses the types of audits and ties back to the first article's specific reasons for each audit.

This China Newsletter provides an overview of key Q1 2025 developments in the following areas...

The Law of the Republic of Kazakhstan No. 564-IV ЗРК of 17 February 2012 "On amendments to some legislative acts of Kazakhstan regarding the recovery of competitive enterprises"

We would like to introduce you to a great new feature of the revised German Insolvency Act which makes debt-equity-swaps in Germany (e.g., as part of loan-to-own transactions) a lot more attractive.

Incurring liabilities to third parties is often necessary in order to carry out an effective administration of an insolvent company.