This illustrative set of interim financial statements sets out good practice in the application of the presentation and disclosure requirements of IFRS for companies preparing condensed interim financial statements for a six month accounting period beginning on 1 January 2014. It reflects changes in IFRS that are effective for the year ending 31 December 2014.
Grant Thornton article discussing the impact of the Foreign Account Tax Compliance Act (FATCA) on non-US companies.
Businesses in the world’s three biggest economies, the United States, China and Japan, are increasingly feeling the heat when it comes to recruiting skilled staff. Given that these countries together represent over a third of global output, a deficit of skilled staff could have a significant knock-on effect on economic growth not just in these economies but beyond.
Private equity has always focused on creating value and helping promote growth in portfolio companies. Since the industry began, private equity firms have tried many ways to meet this ultimate objective – and with varying success. Now, post the global financial crisis, the question being asked more than ever is: how can private equity deliver its value-added promises?
Recession, economic uncertainty, and market volatility have forced many miners out of the industry and brought others to the point of insolvency.
Over the last few years, ask an economist where to look for growth and the answer would usually be the emerging markets. Now, though, with renewed optimism in Japan the UK, and US , should we be looking to the developed economies for new opportunities?
With momentum building towards the UN Climate Change Conference in Peru, new figures from IBR reveal that businesses leaders in emerging markets are more focused on the sustainability of their operations compared with peers in developed markets.
Investor calls for transparency and the rise of social media have thrust the impact businesses have on the economy, the environment and society more firmly into the spotlight. Drawing on more than 2,500 interviews with business leaders in 34 economies, Corporate Social Responsibility: beyond financials, looks at how companies are responding to this challenge; how they are making their operations more sustainable and what role they feel integrated reporting can play.
Two in five mid-market businesses around the world either currently outsource a back-office process, or plans to in the near future.
Poland’s economy avoided recession during the 2009 financial crisis,and rebounded strongly in 2010-2011. Poland: dynamism at the heart of Europe.
Polska gospodarka uniknęła kryzysu finansowego w 2009 roku. Po okresie spowolnienia, w latach 2010-2011 powróciła na ścieżkę wzrostu. Polska nie mogła jednak całkowicie uniknąć skutków globalnego kryzysu. Wymiana z Europą stanowi bowiem ponad 80% całego polskiego handlu zagranicznego. Gospodarka rosła więc wolniej w porównaniu do czasu sprzed kryzysu gospodarczego, osiągając w latach 2012 i 2013 tempo około 1,5% rocznie.
The economy expanded by an estimated 4.5% in 2013, the fastest rate since the financial crisis. Oil and gas remain central to the success of the economy – the price of oil remains well above US$100 per barrel and the UAE is thought to have the seventh largest reserves in the world (98bn barrels) – accounting for close to 50% of total exports.
Dynamic businesses at the forefront of M&A activity highlights an increasing importance for M&A in driving growth. There is a clear acknowledgment from the 12,500 businesses surveyed that acquisitions will be needed to supplement existing operations.
24%: that is the proportion of women holding the most senior roles in businesses across the globe.
Developers, property companies, investors and homeowners suffered disproportionately during the financial crisis. But now, finally, expectations for profitability, jobs and orders are all on the rise.