Global Tax Accounting Services Newsletter (April– June 2014) - follow recent global accounting and reporting developments

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Tax accounting insights 07/23/2014 by Tax accounting services
Global Tax Accounting Services Newsletter (April– June 2014) - follow recent global accounting and reporting developments

At a glance

In this release we discuss a variety of global accounting, reporting and tax law developments in the quarter ended June 30, 2014.

In this release we provide an update on a variety of accounting and reporting developments, including:

  • country-by-country reporting
  • the OECD’s project on hybrid mismatch arrangements, and
  • the new converged standard on revenue recognition recently issued by the Financial Accounting Standards Board and International Accounting Standards Board

We also draw your attention to some significant tax law and tax rate changes that occurred around the globe during the quarter ended 30 June 2014, and discuss the importance of technology in tax function effectiveness.