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News brief, firm movements: UHY, HLB

The latest firm movements for networks and associations

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Nexia International refreshes its brand

Nexia International announced a rebranding of the network, keeping the name and aiming to tackle increased international work and strengthen its governance guidelines.

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Q&A: How currency fluctuations impacted financial reporting in 2015

Kazbi Soonawalla is a senior research fellow in accounting at Oxford University. Her particular expertise is in financial reporting. She has examined issues such as disclosure requirements under...

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Mandatory environmental reporting could discourage innovation: UK FRC’s...

Regulatory intervention on environmental reporting matters can wait until the market probes it cannot make satisfactory progress, Stephen Haddrill, CEO of the UK Financial Reporting Council (FRC),...

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European Commission could investigate Google’s ‘sweetheart’ tax deal

The European Commission could examine Google’s £130m ($186m) ‘sweetheart’ tax-deal with the British government following a letter of complaint from the Scottish National Party to the EU competition...

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Environmental and societal risks overtake economic concerns in WEF latest...

While 750 experts responding to a survey by the World Economic Forum (WEF) identified environmental risks as the major concern for the next 10 years, the business community surveyed by WEF is still...

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IAPA revamps its online offering

IAPA has revamped its branding with the launch of a new website and video channel, keeping the name and logo established more than three decades ago but modernising its image to attract new members...

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Probe into KPMG's audit of failed bank HBOS intensifies

The British Treasury Select Committee has upped political pressure on the UK Financial Reporting Council (FRC) over its probe into KPMG’s audit work for failed bank HBOS in the run-up to the 2008...

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Morison International and KS International to merge

Morison International and KS International have announced the merger of their associations under the banner Morison KSi, effective 1 April 2016.

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FRC says audits in UK are not consistent

UK firms are not maintaining a consistently high standard of auditing and some work is falling short of expectations, according to the UK Financial Reporting Council (FRC) latest audit quality review.

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KPMG announces new UK head of audit

KPMG has appointed Adrian Stone as its new head of audit in the UK, having been its interim head since November 2015.

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SMEs reputation at risk of cyber attack

Small businesses are putting their reputation at risk by underestimating the impact of cyber-attacks, new research has found.

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PwC to hire 1, 000 data scientists

PwC will add a thousand new forensic data scientists to its global deals department within the next two years, marking a shift in how firms respond to the rapidly changing technology landscape.

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Further integration between Xero and Google

Xero has announced the integration of its accounting software with Google’s Gmail platform and Google Apps for Work to help small businesses manage customer relationship.

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EU deal does enough, according to business leaders.

After UK Prime Minister David Cameron secured an EU reform deal in Brussels late on Friday night, a slew of business leaders said they will vote to remain in Europe.

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Tribunal rules in favour of Mazars on disputed BDO merger in Italy

A tribunal in Milan has ruled in favour of Mazars following last summer’s merger with BDO Italy, reported by International Accounting Bulletin

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Data analytics is changing forensic accounting

The advent of technology has quite literally changed the face of accounting.

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Nearly half of surveyed SMPs have no interest in an international...

Nearly half of the 6,725 small and medium practices (SMP) practitioners surveyed for the International Federation of Accountants’ (IFAC) annual global SMP survey said they had no interest in joining a...

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‘Traditional’ economic crimes persist but cybercrimes are on the rise: PwC

Cybercrime is now the second most experienced economic crime globally, a survey by PwC has revealed.

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Most UK businesses unprepared for a possible Brexit: Grant Thornton UK

Sixty five percent of 200 senior UK executives surveyed by Grant Thornton UK said they have done no planning at all for a possible vote to leave the EU.

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