At Forvis Mazars, we inform you about the recent developments and rules and regulations that can have impact on you or your organisation. Would you like to minimise your risks and maximise your opportunities? We have listed several noteworthy news items that can be of use to you.
Compliance with laws and regulations when controlling financial statements
13 February 2020 - When auditing the financial reporting, accountants apply NV COS 250 Standard. This standard means that in the audit engagement they must take into account compliance with (relevant) laws and regulations in order to gain more insight into how a company deals with the relevant laws and regulations.
Balance sheet work market: key points for transporters
13 February 2020 - Recently we have included you in outline in the points of attention for you as a transport entrepreneur in order to be as well prepared as possible for a possible new economic crisis. One of the points that we pointed out to you was the entry into force of the Balanced Labor Market Act (Wab). In this article we will discuss the consequences of the Wab and what actions you should take.
Follow-up in the family business - part 1 of 4
27 January 2020 - Business succession within family businesses is usually a complex and emotional issue. It is never easy to distance yourself from your company as a transferring party. After all, you have devoted a large part of your life to your company full of passion. Proper (and timely) preparation for your follow-up is an important condition in order to be able to guarantee the continuity of your company, whereby you must pay attention, among other things, to the transfer of ownership, management and control of the company.
Meet the conditions of the ANBI
10 January 2020 - In the Netherlands, more than 43,000 institutions have obtained ANBI status. This status provides these institutions with many financial benefits. Research shows that there are many ANBI's that do not meet the ANBI conditions. These institutions run the risk that the Tax Authorities will decide to withdraw their ANBI status. This is a reason for us to draw attention to the importance of meeting the ANBI conditions.
The taxation device: continuation of your company - part 2 of 4
17 December 2019 - ''What is the best way to transfer my transport company to the next generation?'' In this article we will discuss one of the options for doing this, namely setting up a trust office foundation, and we highlight the benefits and important points for attention.
Working together is multiplicate
14 November 2019 - To achieve the best possible transaction, optimal cooperation between the seller, the M&A lawyer and the Corporate Finance advisor is important. This means empowering and helping each other.
Why do transaction multiples run so?
14 November 2019 - An important aspect when buying or selling a company is the purchase price. The purchase price is the point at which the seller and buyer meet, but how is this point established? It is a matter of negotiation in which both the buyer and seller both have their own subjective view of the value of the company.
De inzet van technologie als onderscheidend vermogen
Mazars publiceert een wereldwijd onderzoek naar de mate waarin ondernemers bekend zijn met vijf beproefde effectieve werkplektechnologieën en hoe deze worden ingezet om onderscheidend vermogen te creëren.
Integrating sustainability into risk management
25 oktober 2019 - Governments, regulators, and much of the investment community are all highlighting that environmental, social, and governance (ESG) issues need to rise up the agenda at company boards. However, many of these corporations are asking why this is the case and what is in it for them. In order to help address these questions, Mazars interviewed 15 multinational companies headquartered in Germany to understand the strategic importance of sustainability to their organisations and the challenges they face when sustainability issues and risk management collide.
Employment costs: bottlenecks and opportunities in the public sector
23 October 2019 - The Work Expenses Scheme (WKR) gives you as an organisation in the Public sector the opportunity to provide untaxed benefits to your employees. During inspections it appears that errors are still often made in the WKR administration and the Tax and Customs Administration could impose an additional assessment. We give you some tips to prevent this.
Optimise your HR and Salary processes
3 October 2019 - The inflow, throughflow and outflow of employees creates the need for now dynamic and complex administration of HR and salary data. If you do not have a grip on these processes, this can lead to a significant increase in costs and inefficiency. Mazars analyses and optimises your HR and salary processes.