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PSCU taps PricewaterhouseCoopers for auditing and tax services

PwC will be assisting with specific accounting rule interpretations, software capitalization, compliance and financial reporting, according to a written statement.

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Integrated Reporting Framework Gains Early Traction

The IIRC unveiled a "consultation draft" of the framework at a series of events around the world on Tuesday .

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Prepaid travel card fraud hits Bank Muscat's quarterly profit

Muscat: Bank Muscat yesterday said its net profit declined by 25.15 per cent to OMR25 million in the first quarter of 2013 from OMR33.4 million for the same period last year, mainly due to losses...

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ICA Strengthens Its Corporate Governance

Empresas ICA, S.A.B. de C.V. , the largest infrastructure and construction company in Mexico, announced that its Annual Shareholders' Meeting yesterday approved changes to strengthen the Company's...

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NLPD Earns Financial Reporting Award

A Certificate of Achievement for Excellence in Financial Reporting has been awarded to the New Lenox Community Park District by the Government Finance Officers Association of the United States and...

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Ex-FASB Chair Robert Herz Examines Financial Reporting Challenges in New Book

Accounting and financial reporting have improved significantly over the past decade, but critical challenges remain, Herz writes in a memoir of his career.

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Madinah's WIEF Roundtable Picks Public-Private Partnership To Grow Muslim...

KUALA LUMPUR, April 18 -- The 7th World Islamic Economic Forum Roundtable took off in Madinah Wednesday, discussing issues on growth harnessing economy through public-private partnership and the role...

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Carlisle businessman gets probation for IRS financial reporting violation

A Carlisle businessman was sentenced to 12 months probation by a federal judge Thursday for structuring cash withdrawals from his bank accounts to avoid IRS reporting requirements.

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Council of Institutional Investors Re-Elects CalSTRSa Anne Sheehan as Chair

The Director of Corporate Governance at CalSTRS, Sheehan will chair the board of CII, a nonprofit association of pensions and other employee benefit funds, endowments and foundations.

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Change of chairman on the cards at Bumi Armada

The company said in a statement that the boardroom change was in line with the 2012 Malaysian Code of Corporate Governance, which recommends the board of public-listed companies be headed by an...

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Ensuring Good Corporate Governance in Curacao

Spigt Dutch Caribbean contributed to this years edition of the PLC Practical Law Multi-Jurisdictional Guide on Corporate Governance.

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Torfaen accepts - mixed services' auditor report

A TORFAEN executive member said the council accepted a Wales Audit Office report which stated service performance in the borough is mixed.

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Audit market "flirting with stagnation", says PCAOB chair

THE AUDIT MARKET is "flirting with stagnation" because it is considered as an obligatory compliance function, best obtained at the lowest cost, the chairman of the US accounting watchdog has warned.

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KPMG to buy corporate advisory firm Makinson Cowell

KPMG is to buy London-based corporate advisory firm Makinson Cowell to tap into growing demand from companies wanting to know how they are viewed by shareholders and creditors.

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MUN receives major contribution from Power Corp. of Canada

Memorial University has received a $500,000 contribution from Power Corp. of Canada for "Dare To: The Campaign for Memorial University." The university said in a news release it has designated this...

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Monwabisi Kalawe appointed as new SAA head

South African Airways has appointed seasoned corporate leader Monwabisi Kalawe as its new chief executive, says the state-owned airline.

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Cloud boosts SAP revenue, even as demand falls in Asia

SAP reported strong growth in cloud subscription and support revenue in the first quarter, even as the company saw a decline in software and cloud subscription revenue in the Asia-Pacific and Japan...

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SECP introduces online financial reporting system

ISLAMABAD: Securities and Exchange Commission of Pakistan has introduced online financial reporting system for the TREC holders/brokers of the three stock exchanges to strengthen the surveillance of...

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OPINION: An Important Win for Whistleblowers

The Sarbanes-Oxley Act of 2002, enacted in the wake of major corporate accounting scandals at companies such as Enron, WorldCom and, yes, Tyco International, established a multiprong approach to...

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Streamlining ideas for Bradford Council

Her report, to the Corporate Governance and Audit Committee, said recently a number of issues had gone to both scrutiny committees, creating a duplication of work.

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