RSM Global

Financial services

Accounting standards. Industry regulations. Ever-evolving tax rules. New legislation.

With experience of supporting the financial services community in key financial hubs, across the network, we help organisations navigate complex reporting, governance and regulatory issues to achieve their business objectives.

Economic headwinds facing emerging markets

15 September 2015
By most measures, emerging markets have outperformed developed economies since the Great Recession. Between 2010-14, emerging/developing economies posted averaged annual real GDP growth of 5.8 percent versus 1.8 percent in the advanced industrialised countries.

The Transpacific Partnership

1 July 2015
In June 2015 the U.S. Congress granted fast track authority to President Barack Obama, clearing the way for final negotiations of the Transpacific Partnership (TPP). The completion of the 12-member TPP would create a mega-regional zone representing 40 percent of global GDP and 26 percent of world trade.

South Africa: The true cost to an employer of an expatriate in South Africa

20 May 2015
With technology making the world a smaller place, it is understandable that large corporations expand their businesses into multiple jurisdictions as they continue to grow. However, setting up a new operation for an existing business in a foreign jurisdiction is not necessarily an easy task.

China: New Tax Reporting Obligations on Indirect Transfer of PRC Taxable Investments

20 May 2015
Non-US businesses face a variety of complex tax burdens when they choose to do business in the United States. A number of federal and state compliance and substantive tax obligations make doing business in the US potentially quite challenging, especially in California.

USA: Businesses entering and investing into the United States through California — 2015

20 May 2015
Non-US businesses face a variety of complex tax burdens when they choose to do business in the United States. A number of federal and state compliance and substantive tax obligations make doing business in the US potentially quite challenging, especially in California. However, many tax incentives exist that can mitigate the effect of some of these burdens.

Israel: Voluntary disclosure programme tackles the problem of unreported capital

20 May 2015
If I had to summarise 2014 in one sentence, based on the economic and law-enforcement aspects, I would say that first of all, this year represents a ‘step up’ in the war that the Israel Tax Authority (ITA) leads to reduce the ‘black capital’ (unreported capital) phenomenon in an attempt to increase the circle of those obligated to submit financial statements.

Thailand: Permanent establishment risk in Thailand

20 May 2015
Permanent establishment (PE) is a common term in international tax. The concept is very common in advice concerning cross-border business expansion. Many discussions between advisers and their clients will begin with a question along the following lines: “Do these activities to be undertaken create a PE risk?”

Issue 23 - RSM Reporting

23 April 2015
This edition features: Paul Druckman, CEO, IIRC Comments on IFRS and global accounting standards Our experts in... Australia Jane Meade and Daisy Yang report on the interpretation and application of IFRS 11 - Joint Arrangements

7 reasons why fund managers invest in Singapore

1 April 2015
Despite a turbulent 2014, fund managers and sector analysts have expressed confidence in the resilience of Singapore’s investment environment for the future. 

Issue 22 - RSM Reporting

13 January 2015
This twenty-second edition features:

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