Accountancy Age says:
PricewaterhouseCoopers, auditor of Yukos, has withdrawn ten year’s worth of audit opinions at the collapsed Russian oil group, after it became aware of new information which it said had not been known at the time of the audits.
The firm withdrew ten years of audit reports for the period 1994 to 2004 saying representations [...]
TJN USA is getting good press coverage:
A recent presentation by Lucy Komisar of the Tax Justice Network at the Conference on Taming the Giant Corporation revealed the full extent of corporate dominance and the reason why bipartisan political contributions is only good business.
“The tax haven racket,” said Ms Komisar, “is the biggest scam in the [...]
The FT has reported that:
The much-trumpeted $5bn China-Africa Development Fund, portrayed by Beijing as economic assistance, will be used to invest exclusively in Chinese enterprises and their projects in the continent.
Such policy of “tying” aid to purchasing goods and services from the donor country has been attacked by development experts as wasteful and inefficient, and [...]
I didn’t say that. What I am doing is paraphrasing the attitude of big business. Take this, for example, from today’s FT:
Google on Monday called on a judge to extend part of the US government’s four-year antitrust scrutiny of Microsoft, intensifying a lobbying battle in which the arch-rivals have sought to limit each other’s power.
The [...]
The Guardian is running a series on inequality this week. If it’s as good as its opening article then it will be excellent.
Read this from Madeleine Bunting in the Guardian:
The charge sheet is being assembled. A super-elite ratchets up social comparisons, leaving everyone lower down the pecking order disgruntled - the US economist Robert Frank [...]
I sometimes wish we could have articles in the accountancy press of the sort that are published in magazines like the British Medical Journal. Last week a GP called Iona Heath had a stunning article in that journal under the title ‘Let’s get tough on the causes of health inequality. As Dr Heath noted:
The UK [...]
Much of what was discussed at the conference I attended in Norway last week will not benefit from publicity, and anyway discretion was requested and Chatham House rules applied. But to put this blog in context, the group I addressed was largely made up of senior prosecuting lawyers involved in tackling corruption. They came from [...]
I didn’t say that. It was said to me by a prosecutor of those who use tax haven services in furtherance of corrupt activities whilst I was in Norway last week.
Mind you, I agree with him: there is nothing we could think of that can be done in a tax haven that could not be [...]
Mike Devereux, Director of the Oxford Centre for Business Taxation sent me a mail following my blog in which I drew attention to the links between the Said Business School in which that Centre is located and Wafiq Said. Said is a close associate of Prince Bandar of Saudi Arabia who, it has been suggested [...]
Bloggers spend a lot of time wondering how much they can safely quote from news sites by people like the Times before we infringe copyright rules.
I was therefore amused to find the Times quoting big chunks of my blog verbatim last week. That makes me feel much better about borrowing stuff from them.
