IIRC consultation draft welcomed
Grant Thornton welcomes the release of the IIRC's consultation draft of the International Integrated Reporting framework. The framework creates the foundations for a new reporting model which will enable a business to provide a concise communication of how it creates value over time.
Mature markets set to start investing
• Co-investment opportunities considered key to attracting LPs • New LP relationships will dominate one-in-five new funds • Fundraising sentiment improves among GPs worldwide • Dividend recap volumes set to increase as LPs push for distributions
Global research into cloud security widens
Seeing the increased trend in cloud computing, Grant Thornton’s Forensic investigation team in the Netherlands have joined a European led consortium to address the security issues surrounding the cloud.
Rise in numbers of women in business
To mark International Womens Day 2013 on 8 March, new research from the Grant Thornton International Business Report (IBR) reveals that globally, more women are making it into senior management roles than at any time since 2010.
Few businesses seek lower corporate tax rate
A survey of more than 3,400 businesses in 44 economies finds that 67% would not relocate their business to another country for any level of reduction in their corporate tax rate.
Cross-border M&A activity up by a fifth
Grant Thornton’s International Business Report (IBR), a quarterly global business survey in 44 countries, finds an increased appetite for cross border acquisitions as demand is at its highest level since 2008. Despite the political and economic events of the past twelve months, planned cross border M&A is driving acquisitive growth increasing by 56% since 2008 and 18% in 2012.
Skills shortage epidemic weighs on growth
Businesses around the world are reporting a skills shortage epidemic that is weighing on growth prospects, according to new research from the Grant Thornton International Business Report (IBR).
Wage growth cooling in emerging economies
The number of businesses in emerging markets offering above inflation pay rises to their employees has fallen away dramatically over the last 12 months, according to a global survey.
Three-quarters of businesses hold leases
The International Accounting Standards Board (IASB) and Financial Accounting Standards Board (FASB) are set to publish revised proposals for a new lease accounting standard but a survey of 3,450 businesses in 44 economies finds that, although 78% hold leases, only 42% are aware of these proposed global changes that could drastically alter their balance sheet.
Jon Geldart honoured in China
The Chinese Institute of Certified Public Accountants (CICPA), the Beijing-based accounting body with oversight responsibility for accountants in China, has appointed Jonathan Geldart, global head - marketing communications at Grant Thornton, to take on the role of international advisor on brands.