Insights

The International Financial Reporting Interpretations Committee (the IFRIC), a committee of the International Accounting Standards Board) received a request addressing how a customer should account for costs of configuring or customising a supplier’s application software in a Cloud Computing or Software as a Service (SaaS) arrangement.

The evaluation of machinery and equipment in an industrial plant is a process of data collection and calculation of values that brings direct and indirect benefits to the company.

Digital advances and the need for governance, fiscal and accounting planning are increasingly coming into the field.

The digital transformation has changed the characteristics of the financial industry, which has been undergoing significant changes, especially in the last decade, with the emergence of several institutions that are part of the financial system ecosystem: payment companies, digital banks, credit fintechs , market information and financial education companies, investment platforms, among others.

In recent years, environmental and social issues have come to be considered essential in risk analysis and investment decisions.

The idea of a smart city is usually related to technology, a place with 5G internet connection and digital access to everyone. However, the concept involves much more than that. To achieve the 17 Sustainable Development Goals (SDGs) defined by the United Nations (UN), it is essential to move forward and turn the cities into a reference in sustainable development in order to create conscious cities.

From the ‘nationalisation of wages’ to revenue volatility and supply chain disruption, the economic impact of the COVID-19 pandemic has upended the precedent and comparability upon which the arm’s length principle relies.

The United States national election is over, and while we await ratification of the results and inauguration of the new President, focus must now turn to the likely tax policies of the Administration of President Elect Joe Biden.

There has been much debate about which sector of the economy has been worst hit by COVID-19. Grant Thornton’s new Global Business Pulse index provides an answer about travel, tourism and leisure (TTL)

Technology, media and telecoms (TMT) is one of the few industries to retain more than a glimmer of optimism in the midst of COVID-19, according to our new index tracking the health of the mid-market

Grant Thornton’s new index into the health of mid-sized companies comes at the most difficult time in a generation for these companies.

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