Reference no: EM132052217 , Length: 1500 Words

2 Ideas Idea 1- Tax Avoidance - Idea 2- Harmonisation of accounting standards-Implementation and challenges Look back over your studies in this GIFP module made up of six themes. Identify any two ideas from within the six themes, ideas which you fee

Take time to think about what you have studied and learnt about each of the two ideas. Capture and articulate the new learning that has taken place both in terms of the nature and theory of the idea,and practical applications.

Extend the practical applications context to include ‘real world' situations - past, and/or current, and/or potential - leading you to illustrate how each idea has already impacted upon or will impact in the future upon your professional practice when dealing with matters financial. Where appropriate,this should include a statement of changes you will have to enact to ensure that your professional practice is enhanced, and how you will set about enacting them. You should utilise the word count as you see fit.

• Tax Avoidance Strategy as an Organized Hypocrisy
• Main Costs of Tax Avoidance
• Key Issue Surrounding Tax Avoidance
• Moral and Economic Implications of Corporate Tax Avoidance
• Ways in Which Corporate Tax Avoidance can be Restricted
• Harmonization of Accounting Standards- Implementation and Challenges