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mmbaaccountantss · 10 months ago
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Accounting Solutions for Travel Companies in London: Financial Efficiency
In the dynamic world of travel and hospitality, effective financial management is crucial for success. Travel companies face unique challenges in their accounting practices, requiring specialized expertise to navigate. This is where MMBA hospitality accountants step in, offering tailored accounting solutions designed to meet the specific needs of the industry. In this comprehensive guide, we'll explore the importance of accounting for hospitality, the role of hospitality accountants, and how travel companies can benefit from their expertise.
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mmbaaccountants · 1 year ago
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Simplify Your Tax Matters with Tax Assist: London
It is said to be the writer Mark Twain who once observed that the only two real certainties in life are “Death and Taxes”. This is hard to argue with and it is certainly the case that most people are completely unprepared for both of those eventualities, and they both make people very nervous. As accountants we find the former is rather beyond our purview, but we are very well able to help people navigate their way through dealing with the latter. Sorting out taxes is what we love to do.
Most people do feel that they need a little help with anything more complex than P.A.Y.E. and it is the case that working out what is or is not owed in taxes is certainly not a straightforward thing. What exactly counts as income? Which aspects of your property’s value is taxable? How do tax allowances work? What do you need to do about money earned overseas? Most of all, what are the consequences of getting things wrong?
Staying on top of everything can be a big ask. If you feel that you need a bit of a tax assist London is an excellent place to be, however simple or complicated your tax affairs may be. For the best tax return services London folk know to head for Upper Woburn Place and the London offices of MMBA. Conveniently located close to King’s Cross/St Pancras Stations we are closely connected not just to customers from across London but across the United Kingdom and even Europe. Our skilled accounting team has extensive experience in all aspects of UK tax, as well as other jurisdictions which means we can also assist with international tax affairs as well.
After all, London’s recognised status as an international financial hub means that if you are a UK business in need of an offshore tax assist London really is the logical place to come. And of course there are many other aspects of tax regulation in the UK jurisdiction that we might also recommend you get some advice on from a suitably experienced tax accountant.
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Take cryptocurrency, for example. Quite apart from all of the technical ins and outs of this relatively new financial phenomenon it is also a genuine challenge from an accountancy perspective. Funds held in cryptocurrencies are treated by HMRC as investment assets and not currency holdings. However, while any profits made as the value of cryptocurrency increases is taxed as a capital gain, if you are paid for work that you have done with crypto currency the value of that cryptocurrency will still be taxed as income. It only gets more complex from there.
You could work everything out yourself. But is it really worth the investment of time you would need to put in? After all, making an error could potentially lead to you paying more tax than you need to. We can simplify of that stuff. With our tax return services London businesses can focus their attention on the things they actually want to do. Taking care of all the accountancy for their business is what our business does.
Our expertise is also available outside London. We got our start as one of the most dynamic accounting firms in Cambridge and we can now be of service to clients across the South East of England. Our passion is to make your tax life as simple as possible so why not call us and find out just what we can do to help you.
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odinsblog · 8 months ago
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For over two decades, President Vladimir Putin has squeezed dissent in Russia. Critics, journalists, and defectors have faced dire consequences after opposing him. From poisonings to shootings, mysterious falls from windows, and even plane crashes, there is a long trail of silenced voices.
Alexei Navalny, whose death in prison is as yet unexplained, had previously fallen ill on a flight from Siberia to Moscow in 2020 after being poisoned with Novichok, a nerve agent. Alexander Litvinenko, a former Russian spy who defected and was a prominent Putin critic, was murdered with polonium-210 in London in 2016.
Other deaths of opposition figures under Putin's rule also appear to follow a pattern. Boris Nemtsov, shot dead near the Kremlin, and Stanislav Markelov, assassinated in Moscow alongside journalist Anastasia Baburova, are just two examples. Natalia Estemirova, abducted and found dead in Chechnya, and Anna Politkovskaya, an investigative journalist murdered in her Moscow apartment building, also paid the ultimate price following their dissent.
Here are 10 prominent Putin critics who have died in assassinations or mysterious circumstances.
Alexei Navalny
Date of death: February 16, 2024
Cause of Death: Alexei Navalny died in prison. The Russian prison service reported that he felt unwell after a walk and lost consciousness.
Biography: Alexei Navalny was a prominent critic of Vladimir Putin. He gained global attention in 2020 when he survived a poisoning with the nerve agent Novichok. Navalny willingly returned to Russia from Germany in 2021, where he had received treatment for the previous poisoning. Upon his return, he was promptly arrested. Navalny was known for exposing corruption, investigating Putin's inner circle, and leading anti-Kremlin opposition movements. His death is likely to be seen by fellow opposition members as a political assassination attributable to Putin, but is as yet unexplained.
Mikhail Lesin
Age: 57
Date of Death: November 5, 2015
Cause of Death: Mikhail Lesin was a former Russian press minister and media executive. He fell out of favor with Putin and faced scrutiny for his wealth. Lesin was found dead in a Washington, D.C. hotel room. The official cause of death was ruled as accidental blunt force injuries, but questions persist about the circumstances.
Boris Nemtsov
Age: 55
Date of Death: February 27, 2015
Cause of Death: Boris Nemtsov was shot dead on a bridge near the Kremlin. His murder remains unsolved, but many believe it was politically motivated. Nemtsov was a vocal critic of Putin's government, advocating for democracy, human rights, and transparency. He served as a deputy prime minister under President Boris Yeltsin and later became a prominent opposition figure.
Boris Berezovsky
Age: 67
Date of Death: March 23, 2013
Cause of Death: Boris Berezovsky was a wealthy businessman, oligarch, and former ally of Putin. However, he became a vocal critic and fled to the U.K. Berezovsky was found dead in his home in Berkshire, England. The official cause of death was ruled as suicide, but suspicions remain due to his high-profile opposition activities.
Sergei Magnitsky
Age: 37
Date of Death: November 16, 2009
Cause of Death: Sergei Magnitsky was a lawyer and auditor who exposed a massive tax fraud scheme involving Russian officials. He was arrested, imprisoned, and denied medical treatment. Magnitsky died in custody following severe beatings and medical neglect. His death led to the passing of the Magnitsky Act in the United States, which sanctions Russian officials involved in human rights abuses and corruption.
Stanislav Markelov
Age: 34
Date of Death: January 19, 2009
Cause of Death: Stanislav Markelov was a human rights lawyer and journalist. He was assassinated in Moscow by a gunman who also killed journalist Anastasia Baburova. Markelov had represented victims of human rights abuses and criticized the Russian government's actions in Chechnya. His death raised concerns about the safety of those opposing the regime.
Anastasia Baburova
Age: 25
Date of Death: January 19, 2009
Cause of Death: Anastasia Baburova, a journalist and activist, was shot dead alongside human rights lawyer Stanislav Markelov in Moscow. She had reported on neo-Nazi groups and political violence. Her murder remains unsolved, but it is believed to be connected to her activism.
Natalia Estemirova
Age: 50
Date of Death: July 15, 2009
Cause of Death: Natalia Estemirova, a human rights activist and journalist, was abducted in Grozny, Chechnya, and found dead later that day. She had documented human rights violations in Chechnya and criticized the government. Her murder remains unsolved, but it is widely believed to be connected to her activism and criticism of the Chechen authorities.
Anna Politkovskaya
Age: 48
Date of Death: October 7, 2006
Cause of Death: Anna Politkovskaya, an investigative journalist, was shot dead in her apartment building in Moscow. She had reported extensively on human rights abuses, corruption, and the war in Chechnya. Her work was critical of Putin's government, and her murder sparked international outrage. Despite investigations, the masterminds behind her killing have not been brought to justice.
Yuri Shchekochikhin
Age: 53
Date of Death: July 3, 2003
Cause of Death: Yuri Shchekochikhin was a journalist, writer, and member of the Russian State Duma. He investigated corruption, organized crime, and human rights abuses. Shchekochikhin suddenly fell ill and died from an unknown cause. Some suspect poisoning, but the circumstances remain unclear.
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List of journalists killed in Russia
The dangers to journalists in Russia have been known since the early 1990s but concern over the number of unsolved killings soared after Anna Politkovskaya's murder in Moscow on 7 October 2006. While international monitors mentioned a dozen deaths, some sources within Russia talked of over two hundred fatalities.
2009 reports on deaths of journalists in Russia: In June 2009, a wide-ranging investigation by the International Federation of Journalists into the deaths of journalists in Russia was published. At the same time, the IFJ launched an online database which documents over three hundred deaths and disappearances since 1993.
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the-ratronaut · 3 months ago
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Today in Fallen London
The city's notable characters (the ones that are players at least) realize very quickly that London was not the tax free zone that they thought it was. London's most daring and dying auditor on their case about various unexploded naval mines, untariffed imports.
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finplaneducation01 · 10 days ago
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Unlocking Opportunities: ACCA Salary in Dubai and Beyond
The Association of Chartered Certified Accountants (ACCA) qualification is recognized globally, making it one of the most sought-after certifications for aspiring accountants and financial professionals.
With its reputation for rigor and quality, ACCA equips individuals with the skills necessary to excel in diverse roles across the financial sector. Among the numerous regions offering lucrative prospects for ACCA-qualified professionals, Dubai stands out due to its booming economy, tax-free salary structure, and strong demand for financial expertise. Whether you’re looking to work in corporate finance, banking, or audit firms, Dubai’s dynamic business environment provides countless opportunities for growth and career advancement.
This blog delves into the ACCA salary in Dubai and how it compares to other regions, along with essential insights into the ACCA course details, registration fees, eligibility criteria, and a comparison between ACCA and CFA qualifications.
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What is ACCA?
ACCA is a globally recognized accounting qualification designed to equip individuals with in-depth knowledge of finance, management, auditing, and ethical practices. The course offers a holistic approach to financial education, ensuring that its graduates are not only technically proficient but also adept at navigating the complexities of the modern financial landscape. It is considered a gateway to high-paying roles in top financial hubs like Dubai, London, and Singapore.
What sets ACCA apart is its global acceptability. Over 7,400 employers worldwide, including leading multinational corporations, recognize ACCA, making it an invaluable credential for those aiming to build a career with international prospects. Its focus on practical experience, combined with theoretical learning, ensures that candidates are well-prepared to address real-world financial challenges.
ACCA Salary in Dubai: An Overview
Dubai is a financial epicenter in the Middle East, attracting ACCA professionals with its appealing salary packages. The city is known for its cosmopolitan work culture and tax-free salaries, which significantly boost the earning potential of its residents. The average ACCA salary in Dubai ranges from AED 8,000 to AED 25,000 per month, depending on experience, job role, and industry. Senior professionals or those in specialized roles can earn even higher packages, often accompanied by benefits such as housing allowances, health insurance, and performance bonuses.
Factors Influencing ACCA Salaries in Dubai
Experience LevelEntry-level professionals with less than two years of experience typically earn around AED 8,000 to AED 12,000 per month. As professionals gain experience and demonstrate expertise in their roles, salaries can climb significantly, with mid-level professionals earning AED 15,000 to AED 20,000 and senior professionals commanding AED 25,000 or more.
Industry TypeThe sector you work in plays a crucial role in determining your earning potential. Banking, investment firms, and large multinational corporations tend to offer higher salaries than smaller enterprises or non-financial organizations. Financial analysts, auditors, and management accountants often see the highest pay scales within these industries.
Job RoleSpecific job titles also influence salary levels. For example, Financial Controllers, Internal Auditors, and Tax Consultants often receive competitive packages due to their specialized skills and the high demand for their expertise.
Comparing ACCA Salary in Dubai to Other Regions
ACCA Salary in the UK
In the UK, ACCA professionals earn between £30,000 and £100,000 annually, equivalent to AED 140,000 to AED 470,000. While the UK offers attractive salaries, it also has higher living costs and income tax, which can significantly reduce take-home pay. Comparatively, Dubai's tax-free income structure makes it a more lucrative option for many professionals, particularly those seeking to maximize savings or maintain a higher standard of living.
Global Outlook
Globally, ACCA qualification opens doors to opportunities in financial hubs like Singapore, Hong Kong, and Australia. While these regions offer competitive salaries, they often come with higher taxes and living expenses. Dubai, on the other hand, combines competitive salaries with a tax-free system, making it a preferred destination for ACCA-certified professionals worldwide.
ACCA Course Details: What You Need to Know
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The ACCA course is structured to provide a comprehensive understanding of financial management, auditing, and corporate governance. To achieve the ACCA qualification, candidates must complete 13 exams divided into three levels:
Applied KnowledgeThis level introduces foundational concepts, including Business and Technology, Management Accounting, and Financial Accounting. It sets the stage for advanced topics and ensures a strong grasp of the basics.
Applied SkillsAt this stage, students tackle more complex topics like Corporate and Business Law, Performance Management, and Financial Reporting. These modules are designed to enhance analytical and problem-solving skills, preparing candidates for real-world financial scenarios.
Strategic ProfessionalThe final level focuses on advanced areas such as Strategic Business Leadership and Advanced Financial Management. It also includes optional modules like Advanced Taxation and Advanced Audit and Assurance, allowing students to specialize based on their career interests.
Time Commitment
The ACCA qualification typically takes 2–3 years to complete, depending on the candidate's pace and commitment. With flexible study options, including part-time and online learning, students can balance their studies with work or other responsibilities.
ACCA Registration Fees and Additional Costs
Pursuing the ACCA qualification involves several costs, Let us know acca registration fees and all over charges.
Initial Registration Fee: Approximately £89 (AED 410), paid at the time of registration.
Annual Subscription Fee: £122 (AED 560), which must be paid every year to maintain your student status.
Exam Fees: Vary depending on the level and time of registration. Fees for Applied Knowledge exams are generally lower, while Strategic Professional exams can cost between £200 and £300 (AED 920 to AED 1,380).
Additional expenses may include study materials, coaching fees, and costs for resits, making it essential to budget effectively.
ACCA Eligibility Criteria
The ACCA program is accessible to a wide range of learners due to its ACCA Eligibility requirements:
Educational Background: A minimum of two A-levels and three GCSEs, including Math and English, or equivalent qualifications. For those without formal academic qualifications, ACCA offers a Foundation Diploma as an entry point.
Age: There is no upper age limit, making ACCA suitable for both young aspirants and seasoned professionals looking to upskill.
Work Experience: Candidates must complete three years of practical experience, which can be gained during or after the course. This ensures they graduate with both theoretical knowledge and hands-on expertise.
CFA vs ACCA: Which One to Choose?
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When deciding between ACCA vs CFA, it’s essential to understand their differences and how they align with your career goals.
Focus Areas
ACCA: Focuses on accounting, auditing, and tax consultancy. It is ideal for professionals seeking roles in financial management, corporate accounting, or governance.
CFA: Specializes in investment management, portfolio analysis, and equity research. It is best suited for careers in banking, investment, and asset management.
Global Recognition
Both qualifications are globally recognized, but ACCA has a broader scope, with applications in various industries, from corporate finance to government roles.
Cost and Duration
While the CFA program costs around $4,000 (AED 14,700) for all three levels and takes approximately 2–4 years to complete, ACCA offers a more cost-effective route with flexible timelines.
Conclusion
ACCA is more than a qualification; it’s a passport to global opportunities in finance and accounting. For professionals in Dubai, the tax-free income, coupled with the emirate’s growing demand for financial experts, makes this certification particularly attractive. With competitive ACCA salaries in Dubai and its recognition in global markets, pursuing this course is a step toward financial and professional success.
Additionally, understanding ACCA course details, registration fees, and eligibility ensures you are well-prepared to embark on this journey. And while CFA offers niche opportunities in investment, ACCA remains unmatched in terms of career diversity.
Whether you are an aspiring accountant or a seasoned professional looking to scale new heights, ACCA is a qualification that guarantees growth, recognition, and unparalleled opportunities worldwide.
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majesticaccountants · 7 months ago
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Accounting Services in London: Comprehensive Solutions for Businesses
In the bustling metropolis of London, businesses of all sizes and industries rely on robust accounting services to maintain financial health and ensure compliance with regulations. From startups to established corporations, the need for precise and strategic financial management is universal. Accounting Services London offer a wide range of solutions tailored to meet the diverse needs of businesses, providing essential support that goes beyond mere number crunching.
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The Scope of Accounting Services
Accounting services in London encompass a broad spectrum of functions designed to keep a business’s financial affairs in order. These services include:
Bookkeeping: Maintaining accurate records of all financial transactions, bookkeeping forms the foundation of effective accounting. It involves recording sales, purchases, receipts, and payments, ensuring that every financial movement is tracked and documented.
Tax Planning and Compliance: Navigating the complexities of tax regulations is crucial for any business. Accounting firms in London offer expert advice on tax planning, helping businesses minimize liabilities while remaining compliant with HMRC regulations. They also handle the preparation and submission of tax returns, VAT filings, and other mandatory documentation.
Financial Reporting: Accurate financial reporting is essential for making informed business decisions. Accountants prepare financial statements, including balance sheets, income statements, and cash flow statements, providing a clear picture of a company’s financial health.
Payroll Services: Managing payroll can be a time-consuming task. Accounting services streamline this process by ensuring employees are paid accurately and on time, while also handling deductions, benefits, and compliance with employment laws.
Auditing: Regular audits are vital for verifying the accuracy of financial records and identifying any discrepancies. Auditors provide an independent assessment of a company’s financial statements, enhancing credibility with stakeholders and ensuring regulatory compliance.
Why Businesses Choose Professional Accounting Services
Expertise and Knowledge: Accounting firms in London employ professionals with extensive knowledge of UK financial regulations and standards. Their expertise ensures that businesses can navigate the complexities of accounting and taxation with confidence.
Time and Cost Efficiency: Outsourcing accounting functions allows businesses to focus on core activities, saving time and reducing the risk of costly errors. This can be particularly beneficial for small and medium-sized enterprises (SMEs) that may not have the resources to maintain an in-house accounting team.
Scalability: As businesses grow, their accounting needs become more complex. Professional accounting services offer scalable solutions that can adapt to the changing requirements of a growing business, from basic bookkeeping to advanced financial analysis.
Technological Integration: Modern accounting firms leverage advanced software and technologies to enhance accuracy and efficiency. Cloud-based accounting systems, for example, allow for real-time financial monitoring and seamless collaboration between business owners and their accountants.
Choosing the Right Accounting Firm
When selecting an Accounting Company in London, businesses should consider several factors:
Reputation and Experience: Look for firms with a proven track record and positive client testimonials. Experienced accountants are more likely to provide reliable and insightful advice.
Range of Services: Ensure the firm offers the specific services your business needs. A comprehensive service provider can cater to all your accounting requirements, offering a one-stop solution.
Communication and Support: Effective communication is key to a successful partnership. Choose a firm that is responsive and offers personalized support tailored to your business.
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hemasnhu69 · 7 months ago
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Demystifying Audit Services London: What You Need to Know
In the dynamic business landscape of London, ensuring financial transparency and compliance is paramount. For businesses of all sizes, navigating the complexities of auditing can be challenging. Understanding the nuances of audit services London is crucial for maintaining financial integrity and fostering trust among stakeholders. In this comprehensive guide, we delve into the key aspects of audit services in London, shedding light on what businesses need to know.
The Importance of Audit Services
Audit services play a vital role in upholding financial accountability and credibility. In London, renowned for its bustling financial sector, businesses rely on audits to assess the accuracy and reliability of their financial statements. By conducting audits, companies can identify potential risks, errors, or discrepancies, mitigating the likelihood of financial mismanagement or fraud. Moreover, audits instill confidence among investors, lenders, and other stakeholders, bolstering the reputation and credibility of the business.
Types of Audit Services
In London, businesses have access to a variety of audit services tailored to their specific needs. These include:
Statutory Audits: Mandated by law, statutory audits are conducted to ensure compliance with regulatory requirements. In the UK, companies meeting certain criteria are obligated to undergo statutory audits to verify the accuracy of their financial records and statements.
Internal Audits: Internal audits are performed by internal audit teams or external auditors to evaluate the effectiveness of internal controls, risk management processes, and operational efficiency. They help businesses identify areas for improvement and strengthen internal governance structures.
Forensic Audits: Forensic audits involve investigating financial records and transactions to uncover fraud, embezzlement, or other financial irregularities. In London, where financial crimes pose significant risks, forensic audits are essential for detecting and preventing fraudulent activities.
Tax Audits: Tax audits are conducted by tax authorities to ensure compliance with tax laws and regulations. In London, businesses may undergo tax audits to verify the accuracy of their tax returns and assess their tax liabilities.
Choosing the Right Audit Firm
Selecting the right audit firm is crucial for ensuring a thorough and effective audit process. When choosing an audit firm in London, businesses should consider the following factors:
Reputation and Experience: Opt for audit firms with a proven track record of excellence and experience in your industry.
Expertise and Specialization: Look for audit firms with expertise in relevant areas such as financial services, healthcare, or technology, depending on your industry sector.
Resources and Technology: Ensure that the audit firm has adequate resources, including skilled professionals and advanced technology, to conduct comprehensive audits efficiently.
Client Service and Communication: Prioritize audit firms that prioritize client service and maintain open communication throughout the audit process.
Conclusion
Navigating the intricacies of audit services in London requires a comprehensive understanding of the different types of audits, their importance, and how to choose the right audit firm. By embracing transparency, accountability, and diligence in financial reporting, businesses can not only meet regulatory requirements but also enhance their reputation and credibility in the competitive London market. With the support of reputable audit firms and robust audit processes, businesses can confidently navigate the complex financial landscape and thrive in the vibrant business ecosystem of London.
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stickyreviewcreation · 3 years ago
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We are French Accountants in London. We offer French Speaking Accountants, French Auditors, French Tax Advisors & Payroll Services in London. 
Visit: https://thakur-chabert.com/french-desk-by-nature/
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inspiretaxconsultancy · 4 years ago
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mostlysignssomeportents · 3 years ago
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The Mafia hires good accountants
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High-profile leaks like the Pandora Papers and financial collapses like Carillion have shone a spotlight on the role that “the professions” play in enabling international finance crimes, which include both money-laundering and the underlying (ghastly, violent) crimes that produce the money to be laundered.
For example, the Sackler family knowingly and deliberately created the opioid epidemic that has killed more than 800,000 Americans so far, and then used the best, most respectable, highest price bankruptcy lawyers in the country to secure a deal that let them keep billions and deny justice to their victims.
https://pluralistic.net/2021/05/23/a-bankrupt-process/#sacklers
High-priced, ultra-respectable firms of economists generate millions in billing every year ginning up plausible-seeming, opaquely complex “analyses” that monopolistic firms use to bamboozle regulators into allowing them to undertake anticompetitive mergers that destroy the real economy, communities and jobs:
https://pluralistic.net/2021/04/21/re-identification/#eu-antitrust
And then there are the auditors — four giant firms have gobbled up all their rivals and merged with one another, while “diversifying” into offering “consulting” services that leave them hopelessly conflicted and signing off on fraudulent books that lead to catastrophic collapses and billions in tax fraud:
https://pluralistic.net/2020/08/05/behavioral-v-contextual/#ge-fraud
The corruption of the audit industry is especially deadly, since auditors are meant to be the umpires of the world, providing oracular “ground truth” to claims about how companies conduct themselves and what they’re making and spending:
https://onezero.medium.com/the-inevitability-of-trusted-third-parties-a51cbcffc4e2
The great finance capitals of the world, like London, are the epicenters of the enablers of global finance crime, where the great and the good have waxed fat on the massive fees they charge to post-Soviet kleptocrats who have colonized both the city and the nation’s politics:
https://pluralistic.net/2022/01/07/the-klept/#pep
But for all the attention paid to consultancies, lawyers, economists and other elite enablers, the accounting profession itself is rarely named when scandals erupt. Which is a mystery, since the keeping and auditing of financial ledgers is so key to corrupt practices.
A late-2021 paper called “Does the Mafia Hire Good Accountants?” by a group of academic accountants in the US, Italy and Germany, offers a tantalyzing explanation for the conspicuous absence of accountancy from the list of professions involved in global crime:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3957650
The paper uses a fascinating and robust methodology to examine the honesty of mafia accountants: they comb the national police’s database of mafia-related persons for accountants, then examine the audit records, tax records and legal history of those accountants’ non-mafia clients.
They conclude that if a business uses a mafia accountant, it has better, more honest finances than a business with a non-mafia accountant (!). Specifically: “private firms serviced by accountants with [organized crime] ties have higher quality audited financial statements, as evidenced by lower levels of abnormal working capital accruals, fewer small earnings, fewer tax restatements, and lower levels of discretionary revenues. Further, these firms receive more modified audit opinions, and pay higher fees.”
The authors suggest that when the mafia chooses an accountant, they have to choose between two mutually exclusive strategies:
I. Hire a stupid accountant that you can trick into signing off on dirty books; or
II. Hire a smart accountant who can turn your dishonest business into one that is honest on paper, even if that erodes your profits.
The authors make a compelling case that the mafia choose the second strategy. What’s more, they show that even accountants with known mob connections have no trouble finding non-criminal clients (“it is disheartening the Mafia can hire seemingly good accountants who appear to suffer no adverse reputation effects from their Mafia ties”).
Perhaps that’s because the mafia is so crucial to both the Italian and global business world: the authors quote a 2017 ISTAT study that says that 12% of Italian GDP is mafia activity and a 2011 UNODC study that attributes 3.6% of global GDP to Italian mafia groups.
But it would be a mistake to think that just because the mafia has clean books that it runs good businesses. Businesses that are run or colonized by mobsters aren’t good firms — they pay poorly, produce low-quality goods and services, and engage in a variety of crimes and regulatory violations.
This is a fascinating and clever analysis, though it’s short on recommendations. The most concrete policy proposal the authors advance is for police to maintain a public registry of accountants under investigation for mafia ties, and to bar those accountants from practicing until they are cleared.
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jane-d-ankh-veos · 4 years ago
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𝕿𝖍𝖊 𝕹𝖔𝖈𝖙𝖚𝖗𝖓𝖆𝖑 𝕹𝖔𝖘𝖙𝖆𝖑𝖌𝖎𝖘𝖙 Factions: Revolutionaries, Bohemians Profession: Silverer (she/her or they/them; Dame) Her small curiosity shop is filled with incense smoke, dust and shadows. Visitors are cordially greeted with a cup of spiced tea or coffee, even if they come only to have a look. By day, it is a seemingly usual place where one can pawn or buy antiquities, occult rarities, old books, archaeological findings and family relics. By night, it deals in different kind of goods: dreams, secrets and memories. In order to escape the Bazaar’s control, not a single Echo is involved in her trade; only bartering. The Masters were trying to fix this with suffocating taxes and bans, but stopped bothering her after some unpleasant incident with cards. That’s why this shop is so beloved by Bohemians, many of whom often have nothing to their name but their art. And, of course, by smugglers. After all, secret correspondence may easily pass for a set of postcards, and an Auditor’s memory of a censored book only rises in price when the last typescript gets burned. On top of that, tendencies of the market don’t mean much here: the owner can unexpectedly offer quite a lot for something that has no special value apart from an unusual history or sentimental connection. The Nocturnal Nostalgist is known for eccentricity. She attends even the cheeriest social events in a funeral coat and mourning veil, expressing her never-ending grief (for her previous forbidden sapphic romance that was doomed on the Surface; for the Fallen Cities and other victims of the Chain; for everyone from her woeful visions and collected memories; etc., etc...). She wears a collection of keys instead of jewellery, keeps frost-moths as pets and adores black roses of Hell. But the most notorious peculiarity is her penchant for improbable deranged prophecies, and there are rumours about a heretical gnostic cult under her patronage. No wonder that she resides in the Royal Beth. Although fellow traders say that the Manager takes a cut of all dreams and mysteries that come into her possession, as if he doesn’t deem her insane enough to stay there for free as a patient. In fact, she is an agent of the Calendar Council via May, and those insights of the past and future that haunt her are directly connected to linear-time-defying lawlessness of the Neath (and especially Irem) rather than delusions. Also she is friends with the Honey-Addled Detective, and her selection of belongings and secrets often helps in his investigations. There are regular customers even from beyond the mirror, judging by raven feathers on her desk. As for non-work-related sides of her social life, sometimes she is seen at the meetings of the Order of Those Who Will Not Be Caught Red-Handed, but its members usually don’t tell much. The only doubtless guess is that she doesn’t go there for chess: her game of choice is the Marvellous. When she claimed victory, she asked for something nobody expected: to grant the wishes of the rest of the players. It wasn’t just against the rules – it contradicted the nature of the game itself, and the Masters swore to do anything but this. So then the Nocturnal Nostalgist revealed her true heart’s desire: the Liberation of Night. All their enticing promises were for naught. She longed not for power, but for freedom to choose whom to be and where to seek one’s limits. She wanted not to bask in adoration, but to break the Chain that dictated who was allowed to love whom. She craved not the eternal life of the body, but the abolishment of death of the soul. Horrified and obviously unable to fulfil it, the Masters had to agree to return to the previous one. They funded an expedition to the Mountain of Light, and after the turn of the century she ventured there with her former rivals. After the exodus of London, she moved to Eleutheria where her poisonous sermons and blasphemous prophecies about the fall of false gods were much more welcome. Now her curiosity shop is found in Achlys. In Parabola, the Nocturnal Nostalgist is a knight of the king and queen of nightmares. She appears as a rider in a black cape and card epaulettes. Thorny roses grow right through her armour, and she casts a living shadow.
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mmbaaccountants · 2 years ago
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Tax Consultant London
If you need a tax consultant London is a good city to be in – it is fair to say that there are a lot of tax consultants in London. That is one of the advantages of being in one of the World’s true financial hubs. Such an embarrassment of riches can be a problem though.
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taxaccountantz-blog · 4 years ago
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Reliable Accountant in Geelong
Providing exceptional Accounting and Financial Advice services within Geelong. KPG Taxation has handled my personal tax preparation with accuracy every time. We provide comprehensive accounting and taxation services, satisfying all of your compliance tax obligations whilst offering far more than the minimum. He works closely with clients from many industries including manufacturing, retail trade, construction, research and development, professional services and health services.
In addition to examining and preparing financial documentation, accountants and auditors must explain their findings. The Bureau of Labor Statistics reports a mean annual wage of $79,520 for tax accountants. We are accountants in London who provide tax services to clients across the capital.
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To get the most out of your taxes, leave the tax preparation work to the experts, best rated CPA firm with offices in NYC and Queens. LBW Business & Wealth Advisors are the accountants we never knew we needed Tax Accountant The term nexus is used in tax law to describe a situation in which a business has a "nexus" or presence in a state and is thus subject to state income taxes and to sales taxes for sales within that state.
Providing first class business listings that deliver results for both users and businesses. The field includes working with foreign taxation laws and even representing clients in court. At McHenry Partners we believe in providing pro-active, quality advice to help improve our client's financial lives and create long lasting business relationships.
Tax accounting standards apply to only the computation of the income and not for maintenance of the books of accounts. Funds used for business expenses, shareholders dividends and other business obligations complicate the tax returns. You will receive a Preparer Tax Identification Number (PTIN) that must be used on all returns you help to prepare on behalf of your clients.
If you're having a hard time narrowing down potential tax accountants, experience within your industry should definitely move an accountant further up the list. We are 100 crore+ company looking for a senior accountant who can handle Accounts independently with knowledge of filing GST Returns is must.
We have 20 years of experience with finance, accounting, tax preparation and with assisting thousands of individuals and companies with their needs. You will also need to consider VAT when submitting Self Assessments and Company Tax Returns. Tax accountants can hold numerous certifications and licenses.
To discuss our range of superannuation services or simply find out more about how a Self-Managed Super Fund can benefit your retirement interests in the Geelong region, get in touch to speak with one of our experienced financial planners today. IRS rules require taxpayers to calculate taxable income using the same accounting method they used for keeping books so as to maintain some consistency throughout their financial records.
Not only can an Accountant help you with the standard tax and reporting obligations, but we can also provide detailed accounting insights and business structuring advice. They help their clients prepare income tax documents and also help them with payroll taxes.
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phantomtutor · 2 years ago
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SOLUTION AT Academic Writers Bay I don’t know how to handle this Management question and need guidance. Chapter 1 1. Vocabulary Check. Choose the term within the parentheses that best matches each of the following descriptions. (LO1-1–LO1-7) a. Expenditure on research and development (financing decision / investment decision) b. A bank loan (real asset / financial asset) c. Listed on a stock exchange (closely held corporation / public corporation) d. Has limited liability (partnership / corporation) e. Responsible for bank relationships (the treasurer / the controller) f. Agency cost (the cost resulting from conflicts of interest between managers and shareholders / the amount charged by a company’s agents such as the auditors and lawyers) 2. Financial Decisions. Which of the following are investment decisions, and which are financing decisions? (LO1-1) a. Should we stock up with inventory ahead of the holiday season? b. Do we need a bank loan to help buy the inventory? c. Should we develop a new software package to manage our inventory? d. With a new automated inventory management system, it may be possible to sell off our Birdlip warehouse. e. With the savings we make from our new inventory system, it may be possible to increase our dividend. f. Alternatively, we can use the savings to repay some of our long-term debt. 3. Financial Decisions. What is the difference between capital budgeting decisions and capital structure decisions? (LO1-1) 4. Real versus Financial Assets. Which of the following are real assets, and which are financial? (LO1-2) a. A share of stock b. A personal IOU c. A trademark d. A truck e. Undeveloped land f. The balance in the firm’s checking account g. An experienced and hardworking sales force h. A bank loan agreement 5. Real and Financial Assets. Read the following passage and fit each of the following terms into the most appropriate space: financing, real, bonds, investment, executive airplanes, financial, capital budgeting, brand names. (LO1-2) Companies usually buy _____ assets. These include both tangible assets such as _____ and intangible assets such as _____. To pay for these assets, they sell _____ assets such as _____. The decision about which assets to buy is usually termed the _____ or _____ decision. The decision about how to raise the money is usually termed the _____ decision. 6. Corporations. Choose in each case the type of company that best fits the description. (LO1-3) a. The business is owned by a small group of investors. (private corporation / public corporation) b. The business does not pay income tax. (private corporation / partnership) c. The business has limited liability. (sole proprietorship / public corporation) d. The business is owned by its shareholders. (partnership / public corporation) Chapter 2: 1. Corporate Financing. How can a small, private firm finance its capital investments? Give two or three examples of financing sources. (LO2-1) 2. Financial Markets. The stock and bond markets are not the only financial markets. Give two or three additional examples. (LO2-1) 3. Financial Markets and Institutions. True or false? (LO2-1) a. Financing for public corporations must flow through financial markets. b. Financing for private corporations must flow through financial intermediaries. c. Almost all foreign exchange trading occurs on the floors of the FOREX exchanges in New York and London. d. Derivative markets are a major source of finance for many corporations. e. The opportunity cost of capital is the capital outlay required to undertake a real investment opportunity. f. The cost of capital is the interest rate paid on borrowing from a bank or other financial institution. 4. Corporate Financing. Financial markets and intermediaries channel savings from investors to corporate investment. The savings make this journey by many different routes. Give a specific example for each of the following routes: (LO2-1) a. Investor to financial intermediary, to financial markets, and to the corporation b.
Investor to financial markets, to a financial intermediary, and to the corporation c. Investor to financial markets, to a financial intermediary, back to financial markets, and to the corporation 5. Financial Intermediaries. You are a beginning investor with only $5,000 in savings. How can you achieve a widely diversified portfolio at reasonable cost? (LO2-2) 6. Financial Intermediaries. Is an insurance company also a financial intermediary? How does the insurance company channel savings to corporate investment? (LO2-2) CLICK HERE TO GET A PROFESSIONAL WRITER TO WORK ON THIS PAPER AND OTHER SIMILAR PAPERS CLICK THE BUTTON TO MAKE YOUR ORDER Related posts: (Mt) – MGT 311 Saudi Electronic University Operations Management Questions (Mt) – MGT 322 Saudi Elictronic University Logistics Management Questions (Mt) – Saudi Electronic University Operations Management Questions Capital expenditure decisions | Economics homework help
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dynamicprojectadvisory · 2 years ago
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Essential Tips Recommended by a Tax Advisor to Escape Excessive Audit Activities
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As we are well aware, tax audits in a company are quite common occurrences. However, if the rate of these activities start to increase, it can be a matter of concern for any business owner. In this regard, it is important for him/her to make sure of following a few essential tips recommended by a top rated tax advisor in London that will allow him/her to escape this issue in the best possible manner.
Know the accuracy of lodgements
When you are lodging to get all the documentation and activities related to tax calculation sorted in the right manner, it is important to know about the accuracy of these lodgements. This will allow you to avoid excessive tax audits, which can be a serious concern for any business.
Get the legal information
There are a number of legal activities that you need to perform in a business, which should be recorded and put in front of the auditors when needed. This is another extremely important tip prescribed by a top rated tax consultant in London that you need to be aware of in terms of ensuring that you are able to avoid excessive tax audits.
Understand your responsibilities
It is extremely important for you to understand the responsibilities that you have towards your business. This will allow you to make sure that you get maximum benefits from the tax audits that will enhance the future of your business in the best possible manner.
From the above lines, we get a clear idea of the various tips from a top rated tax consultant near your location that you should follow to avoid excessive tax audits for your business. So the next time you get a concern regarding the audits related to tax in your company, make sure to keep these points in mind.
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stickyreviewcreation · 3 years ago
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We are French Accountants in London. We offer French Speaking Accountants, French Auditors, French Tax Advisors & Payroll Services in London.
Visit: https://thakur-chabert.com/french-desk-by-nature/
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