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Countdown for Singapore’s new companies act

The Singaporean regulator, Accounting and Corporate Regulatory Authority (ACRA), has adopted a two phase implementation approach for the implementation of Singapore’s new companies act.

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EY to pay $10m in Lehman brother settlement

EY will pay a $10m settlement for allegedly helping Lehman Brothers deceive investors in the years before the bank’s collapse in 2008, it was announced on Wednesday.

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Kerston UK member firm merge announces another competitive year in the UK

Kreston UK has announced a merger between member firm BHP and Cleckheathon-based Clough & Company.

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Alliott Group adds accounting group in Luxembourg

Alliott Group has added FOP Groupe fiduciaire to its association in Luxembourg.

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Mazars and German Moore Stephens member RöverBrönner Susat merge

Mazars and Moore Stephens International member firm RöverBrönner Susat (RBS) have merged and the new firm will join Mazas’ international integrated partnership, retroactive 1 January 2015.

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PrimeGlobal adds a Romanian member

PrimeGlobal has added Romanian firm SC Cazacus Expert to the association’s Europe, Middle East & Africa region.

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Anti-fraud head to leave SEC

The leader of the US Securities and Exchange Commission (SEC) enforcement division's financial reporting and audit task force, David Woodcock, is set to leave the SEC "later this spring", the...

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KPMG US appoints female chief executive

KPMG US has appointed Lynne Doughtie as chairman and chief executive officer, making her the second Big Four female leader to be appointed this year, following Deloitte's appointment of Cathy...

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PwC Russia replaces managing partner

PwC Russia has appointed a new managing partner, Igor Lotakov, replacing David Gray who served in the role for the past four years.

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Tesco financial woes continue in wake of accounting scandal

Tesco yesterday announced preliminary annual financial results including a loss worth £6.4bn ($9.5bn) in the wake of the accounting scandal that hit it last autumn.

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EY second Big Four to partner with Microsoft

EY has become the second Big Four network to announce an alliance with Microsoft, following a similar partnership between the tech provider and KPMG last month.

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Three EU members yet to adopt international auditing standards

France, Germany and Portugal are the only EU countries yet to adopt international auditing standards (ISA) in the EU, according to a report by the Federation of European Accountants (FEE).

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Scandal-hit Petrobras publishes audited multi-billion losses

Brazilian state-controlled oil company Petrobras has accepted a $17bn impairment charge in the latest development of a bribery scandal that has sparked investigations into a number of senior...

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RSM appoints new European regional leader

RSM has appointed Anand Selvarajan as its new European regional leader.

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Deloitte UK appoints independent non-executive

Deloitte UK has appointed Ruth Markland as an independent non-executive director, effective 1 June.

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DFK UK & Ireland appoints new chair and vice-chair

DFK UK & Ireland has appointed Bob Law and Anne Brady as the new chair and vice-chair respectively of the DFK International’s UK national group.

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MGI Europe adds firm in Belgium

MGI has added Belgium firm Van Herck & Co Bedrijfsrevisoren (Van Herck )to its European association.

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Rödl & Partner reshapes France presence

Rödl & Partner is to open a second office in France, following the appointment of former EY Germany director Nicola Lohrey as the firm managing partner.

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PwC appoints insurance head

PwC has appointed Stephen O'Hearn to the post of global insurance leader, effective July.

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Grant Thornton UK first UK top ten firm to operate as a shared enterprise

Partners at Grant Thornton UK have voted in favour of becoming a shared enterprise firm and starting a consultation on implementation of the shared enterprise model. This would mean a departure from...

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