Technology
What the metaverse could mean for VAT professionals
Part 2 The META-VAT conundrum As revealed in Part 1, both the digital economy and the metaverse are fast-developing environments creating new challenges for tax administrations. So, what does that mean for VAT? We’ve highlighted three specific examples to illustrate the sheer complexity of applying VAT to the metaverse. 1. Virtual events Imagine y […]
HR and new technologies – what you need to know about the Metaverse
More than 96 % of companies expect to use Metaverse technologies in their businesses in the near future! KPMG US & InnoLead - a research and events company focused on helping changemakers in large organizations - released a new report, “Shaping Your Strategy for Web3 and the Metaverse.” The report highlights the importance of this emerging technol […]
Crypto-assets gain popularity – are IFRS accounting standards ready?
The use of digital assets - or crypto-assets - is accelerating by the minute. But what exactly are they? And how can their ongoing accounting-related challenges be handled? Let’s first take a look at what’s been happening here in Luxembourg. From January 2022, LuxSE has allowed certain security tokens (financial instruments issued on a distributed ledger) […]
Company data : the new asset on your balance sheet ?
Chief Data Officer: the powerhouse behind customer data optimization Many organizations have realized the need to have a proper data analytics structure in place to manage their data. The initial driver has been the ability to cope with specific governance and compliance issues by establishing a clear inventory of different data sets and laying out the underlyi […]
What is a low-code platform and how can it accelerate digital transformation?
Low-code can speed up your digital transformation in the face of COVID-19 and the new normal COVID-19 has forced organizations to quickly adapt to operating conditions that are deteriorating far faster than in previous economic downturns. Current processes are inefficient The COVID-19 pandemic sent most of us home to work, abruptly changing the work env […]
