Industrial Manufacturing

The impact of COVID-19 is evolving rapidly with varying degrees of individual circumstances. In addition to addressing the severe operational impacts of the coronavirus, it is important for all entities to consider the effects of COVID-19 on their financial statements. We provide a high-level overview of some of the issues to consider during this critical moment.

Tax accounting is no stranger to any business, because no matter how big or small the business is, it must also do tax accounting. Therefore, when an enterprise is established, it is imperative to have a tax accounting department in order for its business to operate and survive for a long time under the management of the law.

In an ever-growing global economy, international mobility of employees had become a routine and everyday occurrence. This has resulted in many challenges around tracking internationally mobile employees, meeting compliance obligations in each country and understanding the impact of international mobility on the business.

RSM World of IFRS summarises key matters arising from recent IASB discussions and decisions, highlights RSM thought leadership from around the world, and addresses an IFRS application question each month.

A year on since the catastrophic spread of COVID-19 dramatically impacted the lives and businesses of people around the world, the effects continue to be felt. Over the course of 2020, global middle market companies were required to reset supply chains, review the effectiveness of their group…

Transfer pricing refers to the price of goods and services that are exchanged cross border between related companies. Multinational enterprises (“MNE’s”) should establish a transfer pricing policy that ensures profits are recognised in accordance with where economic value is created.

RSM International, the leading global organisation providing audit, tax and consulting services to growth oriented, ambitious companies, announces its partnership with Kingland, a technology platform provider of independence, compliance management, risk management, and data analytics

In today's 4.0 era, the world of data management is sometimes confusing and unclear, it can be difficult for businesses to get useful information from the precious data they have collected. Data analytics is considered a key to success to unlock meaningful information from the raw data of the enterprise through analytical techniques.

As we all know, the current set of International Financial Reporting Standards (“IFRS”) includes more than 40 standards, some of which have been recently issued and applied in the last few years. such as IFRS 9 – Financial Instruments, IFRS 15 – Revenue from customer contracts, IFRS 16 – Leases, while 26 Vietnamese Accounting Standards (“VAS”) are currently being drafted.