Several countries have either banned, or are moving towards banning, access to certain generally available apps amongst under 16s. This has largely been driven by concerns about mental health, safety and the influence of algorithms on young minds. Whilst the reasons behind these initiatives are certainly laudable, they also raise a question as to whether…
Transfer pricing rules are built around a simple principle: transactions between related parties should be priced as if they were carried out between independent companies. In practice, however, applying this principle is not always straightforward — particularly in smaller economies such as Cyprus. Since the introduction of formal transfer pricing documentation requirements in 2022, Cypriot…
Despite global uncertainty and geopolitical shifts, South East Europe’s merger and acquisition (M&A) landscape is shaping up to remain solid, with steady investor appetite and domestic dealmaking to stay active. But what are the key trends shaping the market and what should businesses be preparing for next? Transaction Services Partner, Stela Ivanchova provides insight. …
Global technology, media and telecommunications (TMT) dealmaking is entering a new phase – one defined less by volume and more by conviction. Buyers are no longer focused on how much they acquire, but on what they are prepared to bet big on. The latest review of global TMT mergers and acquisitions (M&A) by Baker Tilly…
For many years professional services firms in sectors such as law, consultancy, accountancy, marketing and software development have relied for their profitability on charging clients for the number of hours worked. The growing adoption of artificial intelligence and other disruptive technologies is now challenging this model, traditionally based on rewarding time and workload. As AI…
Boards tend to think of governance in terms of committees, policies and reporting lines. In practice, much of it is decided far lower down, in how a transaction is documented, how a balance is reconciled and how a tax position is supported. The accounting and tax function is where governance either holds up or quietly…
The Republic of Moldova is going through one of the most transformative periods in its recent economic history. With the opening, in June 2026, of the first cluster of negotiations (“Fundamentals”) in the process of accession to the European Union, and with the declared objective of opening all negotiating clusters by the end of the…
According to Climate Action Tracker, under current policies, global warming is projected to fall woefully short of the Paris Agreement threshold of 1.5⁰C above pre-industrial levels, which are necessary to mitigate the long-term impacts of global warming and associated man-made climate change. Shockingly the figure Climate Action Tracker cites is 2.7⁰C above pre-industrial levels. If…
In today’s rapidly evolving business environment, companies face an increasing range of challenges—from financial management to regulatory compliance, competitive pressures, and the need for strategic growth. In such a complex landscape, accounting services have become a vital part of every business operation. No longer are accounting professionals simply tasked with managing the books; their role…