Emerging Economies Embrace M&A


BUSINESS TRENDS

Privately held businesses may view domestic and international mergers and acquisitions as a key way to drive growth.

According to Grant Thornton International, 44% of privately held businesses globally are planning to grow through acquisitions in the next three years, and 23% of those businesses anticipate cross-border deals.

The survey anticipates M&A activity to be highest in Brazil, Russia, India and China, where 59% of companies anticipated an acquisition in the next three years, followed by North America (48%), the U.K. and Ireland (40%) and mainland Europe (30%).

Source: Grant Thornton International, www.gt.com.

SPONSORED REPORT

Tax reform complicates year-end tax planning

Get your clients ready for tax season with these year-end tax planning strategies, which address how to make the most of recent tax law changes, such as the new deduction for qualified business income and the cap on the deductibility of state and local taxes.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.