1) Global wealth increased to $280 trillion in 2017 but so did global debt, rising to $233 trillion. 2) The top 1% of the world's population owns half of global wealth while the bottom half of the population saw no increase in wealth. 3) The US and Japan have the largest national debts at $20 trillion and $11 trillion respectively, though as a percentage of GDP Japan's debt is larger.
This document provides an overview of DayaRahyafts Publications, which is an audit and management services firm in Iran. It lists over 30 publications by DayaRahyafts covering topics such as doing business in Iran, Iranian laws and regulations, accounting standards, taxation, management, and auditing. The document also provides background information on Iran's geography, population, economy, and oil and gas industry, which is Iran's most important economic sector.
1) Global wealth increased to $280 trillion in 2017 but so did global debt, rising to $233 trillion. 2) The top 1% of the world's population owns half of global wealth while the bottom half of the population saw no increase in wealth. 3) The US and Japan have the largest national debts at $20 trillion and $11 trillion respectively, though as a percentage of GDP Japan's debt is larger.
This document provides an overview of DayaRahyafts Publications, which is an audit and management services firm in Iran. It lists over 30 publications by DayaRahyafts covering topics such as doing business in Iran, Iranian laws and regulations, accounting standards, taxation, management, and auditing. The document also provides background information on Iran's geography, population, economy, and oil and gas industry, which is Iran's most important economic sector.
The Iranian Association of Certified Public Accountants (IACPA) was established in 2002 to oversee the auditing profession after the Iranian Revolution. The IACPA was formed according to a 1993 law allowing the government to use certified public accountants to audit companies. It aims to develop accounting standards and oversight members' work. The IACPA is governed by a High Council, Board of Directors, and specialized committees. It can discipline members through reprimands, suspensions or termination for misconduct.
The document discusses the 2017 World Accounting Survey and focuses on the Europe market. It was written by Gholamhossein Davani and looks at accounting trends in Europe for that year. In 3 sentences or less, the document examines accounting in Europe for the 2017 World Accounting Survey conducted by the author.
Global assets increased to $280.289 trillion in 2017, while global debt also increased to $233.453 trillion. Total debt has risen dramatically from $50 trillion in 1997 to over $233 trillion currently. Meanwhile, the wealth of the richest people has risen greatly as well - in 2016 just 62 people had as much wealth as the poorest 3.6 billion people combined. The United States has the highest total debt at $19.947 trillion, representing 31.8% of global debt, while also having the most billionaires of any country. While debt levels have increased significantly worldwide, the number of billionaires has also risen sharply over the same time period, suggesting a link between higher indebtedness and greater wealth accumulation
globalisation, global corporations and global governmentHossein Davani
The purpose of this book is to critical power of multinational corporations those control politic, education system, wages and government. Multinational corporations (MNCs) are an economic, political, environmental and cultural force that is unavoidable in today’s globalized world. The powerful managers within multinationals, whose decisions affect thousands of workers, national economic, the environment and more, are not elected. New larger governmental institutions need to exist that can regulate business more widely, and therefore empower democracy .The heads of large companies have massive power over staff, employment, industry, national economies and the environment and yet are not elected nor publicly accountable for their actions. Supra –national organizations, staffed by those on the payroll of elected governments, empower democracy with renewed control
The purpose of this book is to explain what will happen in world economy specially emerging economy after 2020 till 2060.The book asks “What will the next four decades bring?” Based on several researches and forecasted has been done by famous economic research institute the world will bear a witness to raise new economic power and fall down traditional power. The outlook focused on several different key points except purchase parity power(PPP).
We emphasis PPP method is not reasonable and logical to compare different economic as capital is social relation so we need several factors to compare these relation, especially when we want to use "Super power" terminology in economic and political .The super power is not only word or sound but super power has some specific factors
Corporate fraud and corruption are growing problems globally according to the document. Some key points:
- Developing countries lost nearly $1 trillion to corruption, tax evasion, and trade misinvoicing in 2011 alone. Over the past decade, these countries lost almost $6 trillion illicitly.
- Fraud affects 70% of companies annually on average, costing 1.4% of revenues. Common fraud types include asset misappropriation, corruption, and financial statement fraud.
- Median fraud losses are $145,000 but 22% of cases result in losses over $1 million. Cases involving collusion or multiple perpetrators tend to be more costly.
- While no country is immune
The document discusses rising global economic inequality based on several studies and reports. It finds that the wealthiest 1% own over half of the world's wealth, while the bottom half own less than 1%. The richest 85 people own as much as the poorest 3.5 billion. Factors contributing to rising inequality include globalization, privatization, technological changes, tax policies, and corruption in the form of tax evasion, trade mispricing, money laundering, and bribery. Developing countries lose an estimated $1-2 trillion annually due to these issues. Reducing corruption and recovering these losses could help prevent millions of deaths from lack of healthcare and investment in developing nations.