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Accountants have a role in climate action

Accountants have a role in climate action
ACCA Chief Executive Helen Brand makes these remarks in connection with the ACCA marking of the Earth Day 2021
KARACHI:
The Association of Chartered Certified Accountants (ACCA) Chief Executive Helen Brand on Wednesday said accounting profession has a key role in achieving climate action and building a sustainable recovery.
According to a statement, she made these remarks in connection with the ACCA marking of the Earth Day 2021 with its activities around the world focusing on how professional accountants could play a key role in making businesses more sustainable.
ACCA has partnered with WWF-Pakistan to hold ‘Earth Day Conversation 2021’ featuring top thought leaders educating the business community on serious climate risks and sharing how professionals could address climate change impacts and promote sustainability. ....

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Dutch producer NAM reports 2020 loss on one-off costs

The pandemic and mild weather hit Dutch gas demand while its bill for damages has risen. ....

Low Gas Prices , Oil Fields , Oil And Gas Prices , Natural Gas , Gas Fields , Less Gas , எண்ணெய் புலங்கள் , எண்ணெய் மற்றும் வாயு ப்ரைஸஸ் , இயற்கை வாயு , வாயு புலங்கள் , குறைவாக வாயு ,

Jeers comment

Editor: Iâm writing to commend your recent âjeersâ comment about our legislatorsâ non-accountable expense plan. I really wish someone would do an investigation into this. I am a tax accountant and the IRS code states that the reimbursement for a non-accountable plan must be reported as income on their tax return â I wonder if this is being done for those representatives that have $1.4 million in expenses, using taxpayerâs money? And if not, why are they above the law?
Iâm thinking of all the places that money would be better spent: our education system, grants for small businesses, healthcare for those that work and donât have it or canât afford their employerâs plan, improving our infrastructure, building up recreational places and programs to attract people outdoors, funding for organizations like the YMCA and other community centers to aid in affordable daycare for working parent. Iâm sure there are many more. ....

Lucia Harkenreader , சட்டமன்ற உறுப்பினர் ,

An Accidental Disclosure Exposes a $1 Billion Tax Fight With Bristol Myers

An Accidental Disclosure Exposes a $1 Billion Tax Fight With Bristol Myers
The I.R.S. believes the American drugmaker used an abusive offshore scheme to avoid federal taxes.
Dr. Giovanni Caforio, the chief of Bristol Myers Squibb, last year during a House committee hearing on drug prices.Credit.Pool photo by Greg Nash
April 1, 2021, 5:00 a.m. ET
Almost nine years ago, Bristol Myers Squibb filed paperwork in Ireland to create a new offshore subsidiary. By moving Bristol Myers’s profits through the subsidiary, the American drugmaker could substantially reduce its U.S. tax bill.
Years later, the Internal Revenue Service got wind of the arrangement, which it condemned as an “abusive” tax shelter. The move by Bristol Myers, the I.R.S. concluded, would cheat the United States out of about $1.4 billion in taxes. ....

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Are You a Tax Procrastinator? Doubtful If You Live In Washington

Are You a Tax Procrastinator? Doubtful If You Live In Washington
It s been said that death and taxes are the only two certainties in this life. Most of us try to push them back as long as possible but, when it comes to filing our federal tax returns, it appears, we Washingtonians seem to get the inevitable over with as soon as possible.
Getty Images
For my wife and I, we try our best to get everything together and off to our accountant right when we get them so we have time to prepare if we do end up owing more to Uncle Sam. That said, we also try to be right around $0 (zero) every year as I don t want the feds making interest off of our money all year so we re usually plus or minus $100 when our tax forms are completed. That puts us in the majority with other taxpayers in the state of Washington. ....

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