Blog

20 June 2016

CONSULTANCY TRENDS AND OPPORTUNITIES

CONSULTANCY TRENDS AND OPPORTUNITIES

At present, companies need to periodically analyse and adapt their competition strategies to a world open to challenges and opportunities but also to threats. Services are increasingly specialised to help such companies face various needs and adjust to the degree of turbulence of the economy and swift changes in the environment caused by technological innovation and market globalisation.

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7 June 2016

INSIGHTS FROM THE IFAC SURVEY: SIZE MATTERS

INSIGHTS FROM THE IFAC SURVEY: SIZE MATTERS

The International Federation of Accountants® (IFAC®) has once again released the results of its global annual survey of accountants from small- and medium-sized practices (SMPs), only this time around, there were even more respondents. Over 6,700 from some 169 countries responded, 32% more than last year, making this perhaps the largest such survey of accountants working in practice. The number of respondents to the survey is a clear signal that SMPs are acutely aware of the significant role they play in business and society; and the results signal that the profession needs to be alert to the many opportunities and threats they face right now and in the future.

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17 May 2016

Cross Border deals

Cross Border deals

In recent years, cross border deals have become more and more relevant, not only in the countries with large tradition like USA, UK, Germany or Japan but also for other areas as such Western Europe who have lower experience in this kind of deals.

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2 May 2016

New European regulation in the Auditing sector: amendments

New European regulation in the Auditing sector: amendments

The main amendments included in the new rules in Directive (2006/43/EC) will come into force on 17 June 2016.

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18 April 2016

The two sides of the "Panama Papers"

The two sides of the "Panama Papers"

Some of the questions any citizen would ask on seeing the recent press uproar surrounding the so-called “Panama papers" are: What benefit does having a company in Panama involve? What is a tax haven? Is Panama a tax haven?

A tax haven is a territory with low or zero taxation, and which also implements the preservation of banking secrecy which does not allow the beneficial clients of banks accounts and companies to be identified, facilitating money laundering.

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11 April 2016

New European standards in the Auditing sector

New European standards in the Auditing sector

As a result of the financial crisis in recent years, it became clear that certain financial aspects, as well as the supervision thereof, were not functioning as was expected.

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29 March 2016

Vision of the future

Vision of the future

A number of trends in the business world have intensified over the past 12 months. In particular, the effects of the digital revolution are an issue facing companies of all sizes across all sectors.

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14 March 2016

Collaborate in order to compete

Collaborate in order to compete

The strategy of collaboration is a great opportunity for improving costs and productivity

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29 February 2016

Innovation and specialization: too smart too soon?

Innovation and specialization: too smart too soon?

For any industry I can think of, specialization is a pretty unquestioned means for differentiating. Put simply, innovation management is basically about what an organization does or can do to generate an “unfair advantage" based on knowledge

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15 February 2016

Golden Visa in Portugal. Investment requirements

Golden Visa in Portugal. Investment requirements

The Law 63/2015, in force since 1 July 2015, introduced changes to the “residence rules” and authorizations for the investment activity.

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29 January 2016

Intra-Community transfers

Intra-Community transfers

Intra-Community transfers are a particular way of supplies in the EU, which are often overlooked in practice because there is no compensation.

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20 January 2016

Global Trends in Tourism

Global Trends in Tourism

Tourism is one of the few industries that has endured throughout the crisis, achieving sustained growth in the past years. There is also a general consensus in optimistic prospects for the coming years.

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15 December 2015

The advantages of collaboration through alliances

The advantages of collaboration through alliances

There are many challenges affecting accountants and accounting practices. Technology, globalization, regulation, and attracting and retaining talent are some of the more significant challenges that small- and medium-sized practices (SMPs) are having to address. A Forbes article, "The Biggest Concerns Of Small Accounting Firms," cited the results of a survey of managing partners from 301 of the smallest SMPs.

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3 November 2015

Accountants and public interest

Accountants and public interest

Accountants and managers of financial information are professionals within national and international organizations whose statutes and strict codes of ethics point out the public interest of their functions. In Spanish accountants' case, gathered into the Institute of Chartered Accountants of Spain, we are part of the International Federation of Accountants (IFAC), composed by almost three million professionals worldwide.


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20 October 2015

​Beps Action Plan #10

​Beps Action Plan #10

June and July is a very well known period for submitting transfer pricing reports before Mexican (and many others) tax authorities and, as every year, many of them will try to prove that services rendered between related parties are according with arm´s length principle.

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