Happy New Year!

Issue #2 of the ACG Market Update looks at some of the hot topics as the year came to a close and what we can expect in 2004, including:

• methods of documenting those extra New Year expenses such as gifts and corporate festivities;
• important news for accountants, such as the proposed banning of the LIFO method and the responsibilties and liability of accountants;
• explanations and changes in tax law, for example the issue of "transitional" VAT which concerns nearly everyone;
• analysis of legal questions, including commentary to the "Law on Currency Regulation and Control";
• developments and news from the audit and consulting sector.

ACG Market Update - Issue #2