Audit and Financials

28

Jun
2011

OECD Corporate Governance Guidelines criticised for failing to empower auditors

I wrote my views today to the head of Corporate Governance at the OECD relating to their Guidelines on Corporate Governance. A work which I believe under-represents to position of external audit in Governance.
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17

Jun
2011

Monopoly the way we know it is not much of a game…

In Monopoly, whichever player is banker is supposed to keep the bank money separate to the money he’s also doing business with in the market. He’s also supposed to run the bank according to certain rules and if he was cheating it’d be game over. They should bring out a new version of Monopoly in which the Banker is allowed to cheat all he likes and always automatically wins, and another player is called The Government and that player chooses from the Chance and Community Chest cards for the other players instead of just getting them to take the next one in a shuffled pack. The Government cannot only do it to the banker – they automatically give the Banker the best card. Banker and Government get to throw three dice instead of two, and they are also allowed to compulsorily purchase other player’s properties, and also send them to Jail for two turns if they complain about the unfairness of the rules.
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17

Jun
2011

Czech Tax Alert June 2011

Dear Quoracy subscribers, Please find enclosed the new issue of our Tax Alert which lets you know about major changes in tax legislation and accounting in the Czech Republic over the current month. We trust that it will be valuable for you, helping you stay abreast of hot topics.If you know someone who you believe would like to receive our alerts and updates, please let us know. It is a free service, building goodwill for us in the community. The archive of previous editions of our Business & Tax Newsletter and Tax Alert and other free publications can be found on our website on http://www.bakertillyczech.cz/Publications,19,j,1.html Best Regards, Lucia Ráblová Head of Tax Registered Tax Adviser Baker Tilly Czech Republic www.bakertillyczech.cz Direct: +420 542 425 823 Fax: +420 542 425 822 Email: lrablova
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03

Jun
2011

Poland is Europe’s white goods leader

Poland’s production of household appliances is expected to grow some 5% this year. The country is expected to produce and export 15.5 million washing machines, dishwashers, refrigerators and cookers. Poland has already beaten Germany and is about to get ahead of Italy "Dziennik Gazeta Prawna" reports.
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