The recently issued Grant Thornton International publication “Navigating the changes to International Financial Reporting Standards: a briefing for Chief Financial Officers” is designed to give Chief Financial Officers a high-level awareness of recent changes to International Financial Reporting Standards that will affect companies’ future financial reporting.
Blockchain technology already plays a crucial role in the financial services sector. Now interest from other industries is on the rise, says Luis Pastor, IT consulting and innovation Partner, Grant Thornton Spain.
Your board has a crucial role to play in steering your company to long-term success. To be the best it needs to focus on three Ds: diversity, digital and development
More and more large businesses are investing in innovative mid-market companies as a shortcut to R&D. For investees, corporate venturing can offer a stable route to accelerated growth.
Introducing innovations such as artificial intelligence into your supply chain takes time and effort but it can help you leapfrog the competition.
Broad reforms in the country’s social security and pension systems were voted for by the Greek Parliament. The approved legislation also introduced amendments in the existing tax system, some of which seem incompatible with the concept of uniform taxation on income derived from the same source. Indicatively, the tax rate applicable to partnerships (with turnover up to €1,5m) is significantly lower (up to 16%) than the relevant rate applicable to self-employed individuals performing the same business activity.
Indirect taxation is becoming ever more complicated, varied between jurisdictions and prone to government tinkering. With some of the biggest tax reforms occurring within indirect tax, getting on top of the complexity and change is vital.
If you don’t want to deal with a communications crisis, make sure your corporate governance procedures are robust enough to prevent it in the first place.
Outsourcing: driving efficiency and growth