In October 2015 the OECD published as part of the Base Erosion and Profit Shifting Project (“BEPS”) recommendations on Country-by-Country Reporting (“CbCR”). On April 13th 2016, the Swiss Federal Council released the draft federal act on CbCR for consultation. The draft law follows the OECD recommendations on CbCR. The planned effective date of the new legislation should be January 1st 2018. The first CbC Reports exchanges will occur in 2020. Earlier exchange could happen on a voluntary basis.
As part of the content program on digital finance that Mazars has launched in partnership with the Economist Intelligence Unit, we are exploring in a new article how mobile money is driving Africa’s cashless future.
The auditor’s report is the final output of the audit process. Many users of the financial statements and stakeholders have called to have a more informative and relevant auditor’s report. There has been increasing criticism over standardised wording and a request for audit reports to be more transparent and tailored to individual clients.
Le cabinet RBS RoeverBroennerSusat rejoint le partnership international intégré du Groupe. Fidèle à sa démarche de croissance associative, Mazars poursuit résolument l’intégration de talents issus de firmes partageant ses valeurs et ayant démontré leur démarche d’excellence et leur professionnalisme permanent.
The European Audit Reform has been adopted by the co-legislators of the European Union and is expected to become effective by mid-2016. As professionals with significant experience working within this system, we would like to present you with a guide that explains the main features of Joint Audit, its application and its associated benefits.