Global CPA Report Sept.‌ 21, 2016
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Top stories
What to do when your business has been hacked
A cybersecurity survival guide highlights warning signs of a possible attack, provides immediate response tips, and explains how to keep your cybersecurity up-to-date after an attack.
Financial Times
 
When Excel isn't good enough
Excel has limitations. Try these nine software tools for tasks that are poorly suited for Excel.
InTheBlack
 

Africa
Lax transfer-pricing laws cost African economies billions in taxes
Kenya, Tanzania, South Africa, and Uganda recently tightened transfer-pricing regulation, but other African economies are losing billions in tax revenue due to lax transfer-pricing laws.
African Independent
 

Americas
How to keep clients after an accounting practice sale
Eight tips can help buyers of accounting firms successfully transition and retain clients after the sale.
Journal of Accountancy
 
5 biggest challenges controllers face—and how to take control
Make smart plans to address the five areas that pose the biggest obstacles for controllers in a data-driven age.
CPA Insider
 
Financial analysts call for end-to-end XBRL to reduce errors
A certified financial analysts group urges public companies to structure their data into a machine-readable format early in the financial reporting process.
Compliance Week
 

Asia
Indian companies expect tax reform to boost foreign investment
The goods and services tax that will reform the way India collects taxes is expected to attract more foreign investments, according to a survey of Indian companies.
Economic Times
 
Is China borrowing more than it can handle?
China’s big companies have done a lot of borrowing, raising the country’s debt load to about two-and-a-half times the size of its economy. How scary is China’s mounting debt load? Opinions differ.
The New York Times
 

Europe
How to recover cross-border debts after Brexit
U.K. accountants can use these tools to collect money that clients in the European Union owe after Britain leaves the European Union.
Economia
 
Scottish tax loophole liked in London but hated in Edinburgh
Scottish limited partnerships have been marketed as tax avoidance schemes and the government in Edinburgh wants them shut down, but the conservative majority in London voted not to overhaul the entities.
The Herald
 
Frankfurt considers changing employment laws to lure London banks post-Brexit
Bloomberg
 

AICPA News
Best cybersecurity practices
The Sept. 28 audio webcast “Time to Get Serious About Information Security” will provide a clear and concise explanation of cybersecurity threats and best practices to protect data and your organization.
 
French Accounting Congress
Looking for an opportunity to meet other AICPA and CIMA members? The AICPA and CIMA will be hosting a networking reception to coincide with the French Accounting Congress in Brussels, Belgium, on Sept. 29. To RSVP, please click here.
 

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The American Institute of CPAs is the world's largest member association representing the accounting profession, with more than 400,000 members in 145 countries and a 129-year heritage of serving the public interest. AICPA members represent many areas of practice, including business and industry, public practice, government, education, and consulting. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management Accountant (CGMA) designation to elevate management accounting globally.

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