Emeritus Professor Joe Nellis is Head of Economic Research at MHA, the accountancy and advisory firm. The Eurozone is showing unexpected resilience against a backdrop of considerable economic and geopolitical uncertainty. Growth came in at 0.4% in Q3, down from 0.6% in Q2, putting the economy in a better-than-expected position as we head towards 2027.…
DetailsThere is a worldwide technological advancement regarding the manufacturing & distribution sector, especially on Artificial Intelligence (AI), the Internet of Things (IoT) and robotics which became increasingly integrated into production and distribution processes. This changes not only how products are manufactured, but also how businesses manage costs, utilise assets and make strategic decisions. These tools…
DetailsYour encrypted data could be harvested today and decrypted tomorrow Quantum computing promises significant opportunities, but it also presents a fundamental challenge to the cryptographic methods organisations currently rely on to protect sensitive information. The concern is not confined to the future. Cybersecurity authorities have highlighted the threat commonly described as “harvest now, decrypt later”:…
DetailsFor governments, municipalities, public universities, and international organisations, financial reporting is increasingly expected to provide the same level of transparency and accountability demanded in the private sector. Over the past decade, IPSAS adoption has continued to expand as jurisdictions seek greater comparability of financial information, stronger fiscal governance, and more informed public decision-making. The standards…
DetailsMark Lumsdon-Taylor, Global Executive Lead Development & Sustainability, at MHA plc stated: In Part 1 – Why South East Europe Is a key centre of food logistics, I argued that the economics of food are changing. Lowest cost still matters, but resilience, proximity and reliability increasingly have a value of their own. For me,…
DetailsThe revised FRS 102 lease accounting rules will bring important changes for many leisure and hospitality businesses, particularly hotels, pubs, restaurants, visitor attractions and other operators with leased properties with the biggest impact being felt by operators with larger estates. Whether you operate hotels, pubs, restaurants or visitor attractions, it is likely property will represent…
DetailsWhy environmental, social and governance issues now matter at farm, processor and board level Environmental, Social and Governance, widely referred to as ESG, provides a framework for understanding how sustainability-related matters affect a business and how its activities affect people and the environment. The environmental pillar covers areas such as climate change, energy, water, pollution,…
DetailsRevenue has adopted a more formal approach to enforcement of the reporting required under new Enhanced Reporting Requirement (ERR) legislation. Employers are now receiving Level 1 compliance intervention letters where ERR filings are missing, late or incomplete, and Revenue is using data analytics to cross-check submissions against payroll, VAT and corporation tax records. If you…
DetailsCyprus – Two important transfer pricing developments effective from tax year 2026
