The global economic outlook remains highly uncertain in 2013. Agreement on a series of tax rises in the United States pulled the economy back from the brink of the ‘fiscal cliff’, but tough negotiations on the debt ceiling and spending cuts remain. In China, the new leadership is expected to focus on avoiding the middle inc
As emerging economies globalise, their rates of expansion and development are becoming increasingly dependent on the health of the world economy. This Grant Thornton report brings together a number of key indicators, economic size, population, wealth, involvement in world trade, growth prospects and levels of developme
This Grant Thornton report guides Chief Financial Officers to explore recent changes of International Financial Reporting Standards that will affect companies’ future financial reporting. It covers both new Standards and Interpretations that have been issued and amendments made to existing ones.
The control assessment determines which entities are consolidated in a parent’s financial statements and therefore affects a group’s reported results, cash flows and financial position, and the activities that should be “on” and “off” the group’s balance sheet. This Grant Thor