With over 50 delegates across both meetings, from 25 member firms, coming from 16 different countries, BKR hosted this year’s EMEA regional Tax and Audit meetings in Amsterdam on Monday 25 November.
The presentations can be found in PDF format on the Members Section of the EMEA website:
The Audit meeting commenced with a welcome from newly appointed Chair of the EMEA Standards Committee, Anne Mouhssine (Paris), followed by an excellent presentation by Carlo Jones (Cape Town) on Quality Control. Carlo’s presence, and indeed valuable input throughout, was an important reminder that these meetings are not only for Europe but for the whole of the EMEA region; with South Africa not only being part of this region, but an important and leading country in terms of auditing and reporting standards, having been ranked in the Top position, out of 144 economies, for the past three years (2010-11, 2011-12 and 2012-13) in the World Economic Forum’s Global Competitiveness Report.
BKR thanks Carlo for travelling all the way from Cape Town to provide a most appreciated contribution to this year’s meeting.
Anne Mouhssine subsequently presented the EU plans for Social & Environmental Reporting, before commencing a discussion on Compliance issues in respective countries. Anne spoke on France, Michael Morris (Newcastle) presented with respect to the United Kingdom and Carlo Jones provided input in regards to South Africa.
After lunch, Audit delegates were treated to a presentation on Possible conclusions from the Green Paper and proposed new audit directives by guest speaker, Stephane Marie of the group Options Initiatives Audit, based in France. Pascal Bejon (Paris) then provided a very useful presentation on Accounting obligations of small entities.
The Audit meeting finished with an open discussion on the Future of Audit where Stephen Hamlet (London) was able to provide input from BKR’s perspective and how member firms should make special efforts to actively ‘market and promote’ their international exposure via the association to clients and prospective clients.
In the room next door, the Tax meeting was taking place which commenced with an introduction from Angelos Theodorou (Nicosia), in his capacity as Chair of the EMEA Tax Committee.
Delegates welcomed guest speakers from the Belastingdienst – Dutch Tax Administration (Rotterdam) who presented on Corporation Tax (paying particular attention to Transfer Pricing, Royalties, Dividends and Interest) and finished with an interesting insight into the integrated handling of the Ruling Process.
Before lunch, the VAT session was introduced by Rob Zevenbergen (Ridderkerk) alongside his 3 co-panellists – David Dana (Paris), Petra Owen (Hamburg) and Alan Pearce (London). The group had prepared a joint presentation, looking at recent EU court cases and the potential impact decisions may have on future interpretation of VAT regulation.
After lunch, Genevieve Moore (London) treated delegates to a well-received presentation on International holding structures for Intellectual Property. Proceedings were concluded with round table discussions on the latest Tax updates throughout the various countries represented at the meeting.
We thank all those who participated in what were both very positively received and interesting meetings, and especially those who presented and contributed their time and efforts in making the meetings a great success.
We look forward to next year’s event.