Science & Environment

New auditing rules are curbing international money moves, study suggests

Source: Phys.org - latest science and technology news stories · Published

New auditing rules are curbing international money moves, study suggests
Source: Phys.org - latest science and technology news stories

A new study suggests that expanded financial audit reporting is having a significant impact on the behavior of multinational corporations. Specifically, the study finds that requiring more detailed analysis in financial audits appears to be curbing the corporate practice of shift

A new study suggests that expanded financial audit reporting is having a significant impact on the behavior of multinational corporations. Specifically, the study finds that requiring more detailed analysis in financial audits appears to be curbing the corporate practice of shifting money internationally to pay less in taxes.

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