JPA International

What makes Kazakhstan 🇰🇿 increasingly relevant to international business? 🌍

The numbers tell part of the story: Kazakhstan’s economy exceeded US$300 billion in 2025, while more than US$470 billion has been attracted in investment since independence. The country is also the world’s leading uranium producer.

But Kazakhstan’s strategic importance goes beyond natural resources.

Its location makes it a key link in the Middle Corridor, connecting Asia and Europe and strengthening its role in international trade and logistics.

For businesses looking at this market, understanding the local environment matters.

Through JPA International, that local connection is Finex Standart LLP, our member firm in Kazakhstan.

📧 [email protected]

Take a closer look at Kazakhstan in our latest country profile.

Last week, we explored how persistent currency volatility is pushing multinational businesses to rethink their FX strategies. 🌍
Now, let’s take the next step:
What does a strategic approach to FX risk actually look like?

Currency exposure can affect much more than individual transactions — from margins and cash flows to financing, pricing and long-term business performance. 📈

That’s why companies may need to consider a combination of approaches, including natural hedging, balance sheet netting, layered hedging and FX-adjusted pricing.
The key is connecting FX risk with business objectives and risk appetite.

👉 Take a look through our carousel and share your perspective:
Which strategy would you prioritize — or would you combine several?

Closer to entrepreneurs. Closer to business. 🤝

Our member firm Orial is expanding its local presence with a new space in Bollène, located within Maison des Entrepreneurs – Espace Concordia, a dedicated environment for entrepreneurs, business projects and professional collaboration.

Being close to businesses is not only about having a local presence. It is also about being part of the ecosystem where ideas, projects and new opportunities take shape.

Congratulations to the Orial Provence team on this new chapter! 🌍

AI transparency rules are already in force in the European Union. What does that mean for businesses?

On July 20, the European Commission published guidelines explaining the transparency obligations established under Article 50 of the EU AI Act.

These rules started applying on August 2, 2026 and address several situations businesses need to understand — from informing people when they are interacting with AI to marking certain AI-generated content, disclosing deepfakes and providing transparency around certain biometric and emotion-recognition systems.

There is also a significant compliance consideration: fines can reach €15 million or 3% of worldwide annual turnover, subject to proportionality for SMEs and small mid-cap companies.

A limited transition applies until December 2, 2026 to certain marking and detection requirements for generative AI systems already placed on the market before August 2.

For companies operating internationally, this is a reminder that AI adoption increasingly comes with transparency and governance responsibilities.

📖 Read the full publication from the European Commission.

Link in the first comment.

Go further. Connect globally. Grow together. 🌍

The right connections can take a firm further.

JPA International brings together independent professional firms from different markets, cultures and areas of expertise—creating opportunities to connect, collaborate and grow together.

If your firm is looking to strengthen its international reach and become part of a global professional community, we would love to hear from you.

👉 Interested in becoming part of the JPA International network?
The link is in the first comment.

📊 GAAP vs IFRS: What Every Business Leader Should Know
Two accounting frameworks. Two different approaches. One critical question: Which one applies to your business?

🇺🇸 GAAP (US Standard):
• Rules-based—tells you exactly what to do
• Required for US companies
• Detailed guidance for specific scenarios

🌍 IFRS (Global Standard):
• Principles-based—requires professional judgment
• Used in 140+ countries
• Flexible application across industries

Why it matters: If you operate internationally, you might need BOTH.
✅ US subsidiaries reporting under GAAP
✅ Parent companies consolidating under IFRS
✅ M&A requiring conversion between standards

Key difference example:
Inventory accounting
• GAAP allows LIFO method
• IFRS prohibits LIFO

This single rule can change your financial statements and tax position significantly.

Key differences at a glance ⤵️.

Which framework does your business use? Let us know in the comments!

At JPA International, our member firms support businesses with GAAP/IFRS reporting, international compliance, and cross-border accounting challenges worldwide.
🌐 Connect with a JPA member firm, link in first comment.

Why do businesses trust the accounting expertise of JPA International’s member firms?
Because reliable accounting goes beyond numbers.

Our member firms combine professional expertise, local knowledge and an international perspective to support businesses in the markets where they operate.

From financial reporting and compliance to navigating cross-border challenges, our network connects businesses with professionals who understand both the local context and the bigger global picture.

🌍 Looking for trusted accounting expertise in your market?
Connect with a JPA International member firm in your country.

👉 Find a member, link in the first comment.