The G7 have agreed in June 2021 on a new global corporate minimum tax. The Finance Finance Ministers of the G7 agreed the principles of an ambitious two Pillar global solution to tackle the tax challenges arising from an increasingly globalised and digital global economy. The details of the agreed principles will be finalised in… Continue reading The new corporate minimum tax
This article provides an overview of the following EU-Directives: CSRD: Corporate Sustainability Reporting Directive, NFRD: Non-Financial Reporting Directive and SFDR: Sustainable Finance Disclosure Regulation. These directives of the EU foresee non-financial reporting (ESG-reporting) at a much larger scale (i.e. for more companies and with additional information). The directives will give consumers additional ESG information in… Continue reading SFDR – CSRD – NFRD – What’s it about?
When you put your effort, trust and money into something, you expect them to bear returns after a certain period. Essentially, you will be risking all these aspects with the hope of reaping returns. Even in business, there is a general assumption that higher risks equal higher returns, which is basically known as risk return… Continue reading Does Higher Risk Lead to Higher Returns?
Today’s accounting department must not only deal with the collection of financial information, but has to deal with non-financial information, controlling, IT and process topics to demonstrate that valid, meaningful actual and planning data can be provided to various stakeholders. The increasing complexity should lead to more transparency, but accounting departments have to adapt to… Continue reading Accounting Trends for International Businesses
Corporate planning is one of the most important tasks of the management and serves the presentation and calculation of possible future developments. Making the future plannable depends on a number of variables: one of these variables is risk. Risk always includes opportunities. The higher the risk, the higher the chances. Nevertheless, dealing with risk often… Continue reading Risk Management in Corporate Planning