AGN International is one of the world’s leading associations of independent certified public accounting and consulting firms and sets rigorous criteria for admission to the association.
News from the AGN EMEA Accounting, Auditing & Education Committee (AAEC)
In this article, Carsten Ernst – AGN’s expert in financial (IFRS) and sustainability (ESRS and GRI) reporting, explains some important terminology in the European Sustainability Reporting Standards (ESRS), which are prepared by the European Financial Reporting Advisory Group (EFRAG).
The EFRAG must follow the guidelines of the CSRS. The European Commission adopts the ESRS and reviews them at least every three years.
Contributed by: Floyd Advisory.
The FY 2022 Financial Report of the United States Government (the “U.S. Financial Report” or “Financial Report”) is prepared by the United States Department of the Treasury (“Department of Treasury” or “Treasury”) and is audited by the United States Government Accountability Office (“GAO”).
From a financial reporting perspective, the Department of Treasury serves in a role similar to the management of a business enterprise that bears responsibility for its company’s financial statement assertions, whereas the GAO serves in a role similar to an independent certified public accounting firm that performs audit services and renders an opinion on such financial statements.
Floyd Advisory’s report provides useful insights into the information contained in the U.S. Financial Report and highlights their observations on the quality and completeness of the reporting by the Department of Treasury based on the expectations, standards, and financial reporting requirements of a U.S. publicly traded company.
Floyd Advisory also discusses certain matters that they believe warrant special attention for users of the Financial Report, notably the citizens of the United States, as they relate to the financial condition of the U.S. Government.
AGN International is one of the world’s leading associations of independent certified public accounting and consulting firms and sets rigorous criteria for admission to the association.
Inside this issue, Mandy Liu at AGN Member Fiducia in China provides insight into the impact of electronic invoices on China Enterprises. Rohan Kochhar at AGN Member Firm Vikas Kochhar & Associates in India provides insight into capital gains of non-residents.
July 3, 2023 (Gaithersburg, MD) – Lanigan Ryan, a leading accounting and advisory firm, is proud to announce the promotion of Brandon Blackburn, CPA, to the position of Partner. This promotion is a testament to Brandon’s exceptional skills, unwavering dedication, and extensive experience in the industry, as well as the firm’s commitment to recognizing and nurturing talent from within its ranks.
July is a time of many just-for-fun days, such as International Town Criers Day (July 11), World Emoji Day (July 17), and Take Your Houseplants for a Walk Day (July 27).
AGN is using this month to get down to business with the first ADVANCE Foundational Skills for Staff (Level 4 Tax and Audit) week in Chicago and the launch of our first member database upgrade in a handful of years. There is still time to sign up for this month’s tax and audit training in Chicago. However, there is a limited number of spaces. Register before July 14 to hold your spot. Learn more about the technology upgrade and how it will impact members below.
On May 22, 2023, the Family Foundation Act entered into force in Poland.
The Family Foundation can be an interesting investment vehicle not only for people living permanently in Poland, regardless of whether they have assets here or not.
AGN International is one of the world’s leading associations of independent certified public accounting and consulting firms and sets rigorous criteria for admission to the association.
News from the AGN EMEA Accounting, Auditing & Education Committee (AAEC)
If the EU Commission asks the European Financial Advisory Reporting Group (EFARG) to square the circle, history will repeat itself, and Mr Eccles was unfortunately wrong! In this newsletter, we hear what Carsten Ernst, AGN’s expert in financial (IFRS) and sustainability (ESRS and GRI) reporting thinks of the situation. What is likely to happen? How will EFRAG deal with this?
