News & Views

Cameroon has investment opportunities

Cameroon is one of Africa's best-kept secrets. The investment opportunities are wide open - from agriculture and renewable energy to retail developments, believes Africa strategy advisor for Moore Stephens, Jeff Blackbeard...

The Bonadio Group honored as a Best Public Accounting Firm for Women

The Bonadio Group, upstate New York’s largest independent provider of accounting, consulting, and financial services, has been recognized as a top accounting firm for women CPAs for a third consecutive year. Named as one of 10 CPA firms on the list of 2015 Best Public Accounting Firms for Women, The Bonadio Group was honored by the Accounting & Financial Women’s Alliance (AFWA) and the American Women’s Society of Certified Public Accountants (AWSCPA). Firms were selected based on the proven programs that retain and advance women while showing evidence that the firm’s advancement of women is essential to its growth and succession goals.

Grassi Co. promotes four to partner or principal level

Grassi & Co., an independent member firm associated with Moore Stephens International, is proud to announce that four of its top performing professionals have been promoted within the firm. In recent weeks, Tammy Straus, Yigal Rechtman, Frank Vitale and Lori Bono have all been acknowledged for their outstanding contributions to the firm by being promoted to either the Partner or Principal level.

FATCA – the latest disclosures

Many clients have received requests to complete the new style W8 form. This is part of the implementation of the Foreign Account Tax Compliance Act (FATCA), the recent US legislation requiring extensive disclosure of financial assets and income.

Firms Complete Merger to Create Elliott Davis Decosimo

Elliott Davis and Decosimo are pleased to announce that the merger between the two firms is complete, effective January 1, 2015. The combined firm, Elliott Davis Decosimo, is one of the top accounting, tax and consulting services firms in the U.S. with total annual revenues of $120 million and more than 800 professionals and specialists in 17 offices across seven states – Alabama, Georgia, North Carolina, Ohio, South Carolina, Tennessee, Virginia – and the Cayman Islands.
 

Simplified Transfer Pricing Record-Keeping Requirements

The Australian Taxation Office (ATO) have released a range of safe harbours that enable some SME taxpayers to simplify their transfer pricing (TP) record-keeping requirements and eliminate the risk of an ATO TP review for an initial three year test period.  If an SME meets the safe harbor conditions and elects to apply the simplified record keeping the ATO will not review the TP records of the entity other than to confirm their eligibility to apply the concession.  
 
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