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Saturday, March 10, 2018
Priming the future
Wiseman Nkuhlu, the current chairperson of KPMG, who was the first black man to become a chartered accountant, was from her home town. After completing her articles at KPMG in Mthatha, she was offered a job there and later an opportunity to be the company's first black female partner. She says she ...
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WeWork plans to open 300 co-living platform in India in next 3 years
Founded in 2010 by Adam Neumann and Miguel McKelvey in New York, WeWork employs more than 4,400 globally. It currently has 230 offices in 71 cities and 21 countries around the world. More than 20,000 companies use WeWork's office spaces, including Dell, KPMG, GE, Microsoft and Samsung.
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Indian firms struggling as over Rs 1.8 trn trapped in balance sheets: EY
Indian companies are struggling as they had more than Rs 1.8 trillion trapped in balance sheets, a report released by EY said. The firm found overall cash-to-cash (C2C) days deteriorated by 4 per cent in 2017-18, compared to 2016-17. C2C counts the number of days a business takes to convert its ...
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Israeli NGO Nahshonim hooking up Start-Up Nation to social impact
Some 70% of Natal's budget is from donations. Nachshonim is funded by the Recanati Foundation and the Joint Distribution Committee. Other partners include WeWork and global auditing firm KPMG, which provide experts that help with the training of both the mentees and the fellows. Tags: arab israeli ...
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Digital media drives growth in the entertainment biz
In calendar 2017, the M&E industry touched nearly `1.5 lakh crore ($22.7 billion), a 13 per cent growth from the previous calendar or so says the Ernst & Young (E&Y) report released at the annual media and entertainment 'Ficci-Frames' jamboree in Mumbai a few days ago. Behind the scenes at the ...
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AJ Bell fires starting gun on £500m float
The firm has chosen Numis Securities as banking adviser, with KPMG as the reporting accountant and Pinsent Masons as its lawyers. “This is not a big management sell down — it's as small as is respectable to get the free float,” said Bell, 52. He added that management had initially intended to list the ...
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Ethnic minorities paid less at KPMG
KPMG pays its white staff and equity partners 34% more on average than colleagues from ethnic minorities, the accountancy giant has revealed. In a voluntary disclosure designed to improve transparency on pay gaps, the firm — which has more than 15,000 staff in the UK — also admitted that white ...
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Firms' priority is Brexit transition agreement not final deal, KPMG finds
Some 280 business chiefs responded to the study commissioned by KPMG, all from firms with revenues greater than £100m. More than two thirds of the business leaders said they would prefer legal certainty on transition by April 2018 with a less ambitious future deal, rather than a more comprehensive ...
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Those students aren't he and she but pup and kit
Bryn Mawr College in Pennsylvania, a private, women's liberal arts college, says using more pronouns — including “co”, “kit”, “sie”, “it” and “ey” — will make “spaces more gender inclusive”. Their use is explained in a chart that gives examples. For instance, in the case of a student who identifies as “kit”, ...
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Carillion 'shelled out' £6.4m to advisers day before it asked Government for £10m loan
... receiver now shows that Carillion handed out more than twice that amount – a total of £6.4m. The largest sum was paid to Ernst and Young, one of the “big four” accounting firms (£2.5m), with the other largest payments to Slaughter and May (£1.2m), FTI Consulting (£1m) and Lazard and Co (£0.5m).
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Ethnic minorities paid less at KPMG
The data was released as thousands of businesses scramble to meet a government deadline for revealing the gap between what male and female employees are paid. Rival EY last week reported an ethnicity pay gap of 38.1% including partners. Deloitte revealed a 12.9% gap in December, but this only ...
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Style Barometer: dirty vegans and cape arm
When wearing a logo on your clothes just isn't enough. D&G's uber-specs will steal the show. UP Concrete nails. The grey-ey nude shade that suits every skin tone. Try Kure Bazaar Nude by John and Ginger. UP 'Struggs to func' Aka, struggling to function: just one of the highlights of the new Queer Eye ...
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Hammond set for spring in his step with upgraded growth forecast in Spring Statement
According to the EY ITEM Club think tank, which uses the Treasury's economic models to produce its own figures, the OBR will revise its growth forecast for the 2018-19 financial year from 1.4 per cent to 1.7 per cent. Additionally, it believes that the Budget watchdog will say that the deficit, the difference ...
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Carillion lavished cash on advisers in its final days
But new figures released by the Official Receiver, a civil servant appointed by the courts to handle bankruptcies, show the company handed over millions to its advisers the day before, including £2.5m to Ernst and Young, £1.2m to law firm Slaughter and May and £1m to FTI Consulting. The Government ...
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Baines: Expo a sign that golf season isn't that far away in Ottawa area
With the long-range forecast calling for sunny skies and several days above 0 C, maybe golf season isn't that far away. At least that's the hope of the golfers who checked out the Ottawa-Gatineau Golf Expo at the EY Centre on Friday and Saturday. “Our new tagline is, 'Your season starts here,' ” Golf ...
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In a Bling-y frame of mind
Celebrities like Jessica Alba, Emma Watson, Kim Kardashian, Miranda Kerr and Sofia Vergara are names that give us hope: showing how slaying in a bling-ey outfit is doable by getting their style games on point. We check with city fashionistas and explore further... Play with caution, states Aswathi ...
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SARS officials under fire over groundless allegations - FUL
KPMG has since repudiated its so-called “forensic report” on which the allegations were largely based. Now, once again, the NPA, urged on by SARS Commissioner Tom Moyane, has seen fit to revive the “rogue unit” fable, levelling charges linked to the unit dating back to 2007/8. Freedom Under Law is ...
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Once Upon A Child moves to new store at EY Town Centre
The second-hand children's clothing and equipment store Once Upon A Child has moved its long-time location at Bayview Ave and Merton St to a newly-created storefront at the East York Town Centre. It opened there on March 1, the firm said. It sits in a line of five new storefronts which have direct ...
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MPs' fury at £10m 'ransom demand' to rescue Carillion as collapsed firm wanted total bailout of ...
Other advisers included accountancy firms KPMG and PwC. There were also a procession of lawyers including Clifford Chance, Sackers, Willkie Farr and Gallagher, Mills & Reeve and Akin Gump Strauss Hauer & Feld. Financiers from Lazard were also on the payroll. Green's letter, sent to Ministers on ...
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MPs' fury at £10m 'ransom demand' to rescue Carillion as collapsed firm wanted total bailout of ...
According to the Official Receiver, the bill for advisers included £2.5million to accountants EY, £1.2million to legal firm Slaughter & May and £1.1million to consultants FTI. Other advisers included accountancy firms KPMG and PwC. There were also a procession of lawyers including Clifford Chance, ...
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Picasso's year of passion: Tate Modern's new EY exhibition shows how the master reinvented ...
This show is about a momentous 12 months in Pablo Picasso's long and world-changing career. It is also about sex. In picture after picture Picasso's desire for his young mistress and muse, Marie-Thérèse Walter, is delineated in blocks of bold colour and voluptuous curves. Her breasts and blonde hair ...
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KPMG Al-Fozan & Partners signs agreement for new HQ in Riyadh
Abdullah Hamad Al-Fozan, chairman of KPMG MESA and KPMG Saudi Arabia; Hezam Salman bin Saedan, board member of Kaden Investments Company; Mohammad Fayez Al-Derjem, board member of KADEN Investments; and a number of officials from both the sides attended the signing ceremony ...
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New wave: Magic of movies fading from cine halls
... which is a growth of 64 per cent according to an Ernst & Young study. Reliance, through Big Synergy, is expected to disrupt the video watching market too by getting into presenting content. Entertainment, through online streaming, not only represented a revolution in the way the world watched movies, ...
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Pakodas, PCs, and the future of jobs
A recent report, 'Future of jobs in India — A 2022 perspective', prepared by consultancy major EY, in association with FICCI and NASSCOM, picks out an even more alarming trend. Forget the issue of creating enough jobs for the millions joining the workforce every year. There is now a real question ...
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Imarticus: A Leader in Finance and Analytics Education
Financial Analysis with EY as the Knowledge Partner: The Financial Analysis Prodegree, with EY as the Knowledge Provider, is a skill-building program which covers subjects such as accounting, financial modelling, valuation, and equity research. Through a rigorous project-based methodology, ...
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Fnm Chairman Urges Davis To 'Come Clean' Over Contracts
#FREE National Movement Chairman Carl Culmer has urged Progressive Liberal Party Leader Philip “Brave” Davis to “come clean” and give a full disclosure to the public of every contract handed out when he served as Minister of Works. #This comes as details from Ernst and Young's probe into the ...
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KPMG Insider Trading Scandal
KPMG allegedly involved in offshore tax "sham" - Duration: 18:04. The National 8,625 views · 18:04. CEO pay Proxy vs pocket - Duration: 3:47. HoĆ ng Ng?c H??ng No views. New · 3:47 · Talking Numbers Gold & Oil Buying Opportunity - Duration: 2:43. HoĆ ng Ng?c H??ng No views. New · 2:43.
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It's Official: DOJ Proposes New Gun Attachment Ban in Wake of Parkland Massacre
Clearly, Trump feels otherwise, even though “(k)ey members of Congress” told The Washington Times that they would be open to making such a change legislatively. Trump signed an executive order about a week after the Parkland shooting, instructing Attorney General Jeff Sessions to craft the new ...
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How online vernacular market is becoming the next big battle ground for tech cos
According to a 2017 report by KPMG and Google, “Indian Languages — Defining India's Internet”, there were 234 million Indian-language internet users and 175 million English users in 2016. By 2021, the gap between the two groups is expected to widen. Users of Indian languages are expected to ...
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It's time to close the gender gap when it comes to pensions
KPMG reported a 22.1% median gap and a mean 22.3% gap in December 2017, excluding partners from the calculation. Bill Michael, Chairman of KPMG in the United Kingdom, said: "Like many businesses our gender pay gap is driven by having fewer women in senior roles and it will persist until we ...
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Global Corporate Secretarial Services Market 2018: Deloitte, Vistra, TMF Group and PwC
... Deloitte, Elemental CoSec, Company Bureau, UHY Hacker Young, ECOVIS, DP Information Network, Exceed, BDO International, PwC, A.1 Business, French Duncan, Vistra, Eversheds Sutherland, Luther Corporate Services, EnterpriseBizpal, TMF Group, KPMG, RSM International, J&T Bank and Trust ...
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Record slump for housebuilding sector at start of 2018
Howard Archer, chief economic advisor to the EY ITEM Club, said: “The volatility of this sector suggests some bounceback is likely, although the recent bad weather presents a downside risk.” Official figures also showed the manufacturing sector – which has been buoyed recently by the strength of the ...
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Made in Italy - What does it mean
KPMG points the Made in Italy as the third brand in the world for notoriety after Coca Cola and Visa. Since 1999, Made in Italy has begun to be protected by associations such as Istituto per la Tutela dei Produttori Italiani (Institute for the Protection of the Italian Manufacturers), the Made in Italy Association ...
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Why continuous training is vital to the banking and finance sector
According to EY's Global Banking Outlook 2018 Report - which surveyed 221 financial institutions across 29 markets - most banks mentioned that they invested in technology in order to grow. Innovations in fintech have created new markets and are having a big impact on the consumer experience, ...
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Enterprise Risk Management Software Market Dynamics, Comprehensive Analysis, Business ...
The report is titled, Global Enterprise Risk Management Software Market Size, Status and Forecast 2026.The objective of the report is to gather important market data and offer insights about the trends and opportunities of the market to its readers. The report categorizes the market in an accurate manner ...
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Hong Kong-Canada Business Association celebrates Chinese New Year
... event chair Lisa Liao; Wentworth Resources CFO Lance Mierendorf; incoming HKCBA Calgary Section president and KPMG partner Alex Henderson; Kody and Kris Carroll; TransAlta's Hunter Wight; Bow Valley College president Laura Jo Gunter; HKCBA national director and RBC Insurance adviser ...
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KPMG Resigns As Auditor For Herbalife
KPMG Resigns As Auditor For Herbalife. Ph?m Thanh Tùng. Loading... Unsubscribe from Ph?m Thanh Tùng? Cancel Unsubscribe. Working... SubscribeSubscribedUnsubscribe 2. Loading... Loading... Working... Add to ...
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IA & IoT can transform rural India: PHD Chamber
The panel discussion was moderated by Dr Jatinder Singh, Director, PHD Chamber of Commerce; Himanshu Rattan, Director, KPMG; Dr Sushil Chandra, Scientist 'F' and Head of Bio Medical Department at Institute of Nuclear Medicine and Allied Sciences at DRDO; Sanjay Gupta, Country Manager, ...
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Gaming trends to watch out for in 2018
According to Google KPMG report, an average casual gamer spends 7-10% of his mobile time on games, spending 1/3rd of its entertainment budget. The research adds that they play across genre like sports, arcade, puzzle, action, racing or strategy. Chinese biggies Alibaba, PayTM, Tencent, Youzu, etc ...
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Interim GST relief to continue, e-way bills compulsory from 1 April
Harishanker Subramaniam, national leader, indirect tax, EY India, said that with GST revenues more or less stagnating, implementation of e-way bill from 1 April for interstate movement of goods is expected to plug leakages and shore up revenues. Finance minister Arun Jaitley, who briefed reporters ...
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Freedom Under Law: Suspend Shaun Abrahams over groundless allegations against SARS trio
FUL chairman Judge Johann Kriegler said KPMG had since repudiated its so-called “forensic report” on which the allegations against Gordhan and former SARS officials were largely based. Kriegler said that once again‚ the NPA had seen fit to revive the “rogue unit” fable‚ levelling charges linked to the ...
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United Way of Central Oklahoma announces changes to board, trustees
... Todd Edmonds, HSE Architects; Eric Eissenstat, Continental Resources Inc.; Mark Funke, Bank SNB; Jim Gebhart, Mercy Hospital; Susan Hillis, KPMG LLP; Cliff Hudson, Sonic, America's Drive-In; Michael E. Joseph, McAfee & Taft; Brad Krieger, Arvest Bank; Linda Lambert, LASSO Corp.; Rick Lippert, ...
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Fast rail a boon for future generations
... Sunshine Coast and Noosa councils, the project is seen by Ms Zubrinich as one perfect for bi-partisan collaboration. "It is certainly a project that the three tiers of government and the community can get behind and support," she said. The business case will be delivered by a consortium of KPMG, Urbis, ...
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KPMG pays women 42% less than men, new figures reveal
KPMG has become the latest firm to publish updated gender pay gap data incorporating partners, following suit from EY and Deloitte. The University of Southampton posted a median hourly pay gap of 17% and a median bonus gap of 50%, meaning on average women receive half the bonus paid to ...
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GST Council extends GSTR-3B, GSTR-1 filing for 3 months, no decision on simplification yet
Abhishek Jain, Partner EY, said that the decisions taken at Saturday's meeting were welcome moves but too many frequent changes were making it difficult for the industry to keep adapting to changes. Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax ...
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Belfast Telegraph's owner INM reporting £25m profits for 2017
In response, INM said its board and management are currently collaborating with EY on a strategic plan which will provide a roadmap for the future. In 2017 INM appointed Michael Doorly as chief executive and has appointed four new non-executive directors, including UK media veteran Murdoch ...
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It is good government is rolling out E-Way Bill in a staggered manner: Sachin Menon, KPMG
Talking to ET Now, Sachin Menon, Head of Indirect Tax, KPMG, says even in cases where the system is working, officers are sitting on the refunds raising silly objections. Edited excerpts: What do you think about the staggered rollout of the E-Way Bill from the 15th of April? Both the centre and the state ...
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MalacaƱang on Corpuz' terrorist tag: UN must carefully select rapporteurs
Corpuz, an Igorot from the Kankana-ey tribe in Besao, Mountain Province, was the first woman and indigenous person from the Philippines to assume the position previously held by men. She has been serving as special rapporteur on the rights of indigenous peoples since 2014. Red-tagging.
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E-Way Bill from April 1, GSTR-3B extended for 3 more months
The Goods and Services tax Council on Saturday approved the roll out of the E-Way Bill across the country from April 1 and also extended the GSTR-3B form for another three months till June 30. Additionally, all pending claims of refunds of exporters are expected to be cleared by March 31. Announcing ...
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Luxe lair on air
Trying not to mope over the fact that the Etihad Airbus A380 — the world's largest passenger aircraft — does not fly in India anymore, I settled into my Business Class seat in the EY 255 Airbus A320 that flies from Netaji Subhas Chandra Bose airport. A smooth sip of Baileys Irish Cream liqueur in hand ...
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Ex-SARS execs to write to NPA following corruption summonses
“At the outset, it must be noted that the National Prosecuting Authority (NPA) had charged Mr Pillay in October 2016 on aspects from the same KPMG report. The NPA was later compelled to withdraw these charges as important exculpatory evidence – that was either withheld, hidden or not considered ...
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INM shares fall on CEO payoff-driven profit slump
However, the group has forecast “continued difficult trading conditions” for 2018 and said key revenues in advertising, circulation and distribution face further declines. In response, INM has initiated a strategic plan in collaboration with professional services firm EY to provide what it calls “a roadmap for ...
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Ey Jimmedaari Koyilaa..... Jimmedaari Koyilaa...
Ey Jimmedaari Koyilaa..... Jimmedaari Koyilaa... Rohit Balupu. Loading... Unsubscribe from Rohit Balupu? Cancel Unsubscribe. Working... SubscribeSubscribedUnsubscribe 37. Loading... Loading... Working... Add to ...
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UK industrial output jumps
"With the closure of the Forties pipeline for much of December and its reopening the subsequent month, a rebound in industrial production was expected," said EY ITEM Club economist Howard Archer. In a separate data release Friday, the ONS revealed that the UK trade deficit had worsened in recent ...
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EY
7 Things I Wish I Knew BEFORE Working at the Big 4 (Deloitte, Ernst & Young, KPMG, PWC) - Duration: 19:29. Marc Freccero 55,445 views · 19:29 · EY Careers Overview - Graduates - Duration: 2:27. EYUKCareers 40,539 views · 2:27 · IM- - Duration: 0:10. RiverAssassin 16 views · 0:10 · DOGGO NO- ...
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INM takes a 32% hit in 'challenging' media sector
He added: “While our group experienced difficult trading conditions over the course of 2017, I am confident that a robust development strategy is being put in place, with the assistance of EY, which will open a pathway for us to identify a successful future for our business. INM's focus over the coming year ...
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'Nosedive' In Wsc Morale
#MORALE at the Water & Sewerage Corporation has taken a nosedive after EY's critical audit report, the latest sore point for an institution that was able to resist controversy until recently, General Manager Glen Laville said yesterday. #The report, which exposed irregularities, political interference and ...
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SXSW 2018 is All About Cryptocurrency, eSports, and Tech Legends
But ey to that potential arrival in the broader public consciousness will be some of the topics discussed in Austin, including how it can reach new audiences, how the Overwatch League came together in just a year, why the NBA is getting into eSports. In a perfect crossover, there's even a session on how ...
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Immigration Or Invasion–Threading The Needle's Eye
The U.S. Justice Department's move to file suit against California's lawmaking and executive acts seeking to discourage or forbid State officials and private sector employers and businesses from cooperating in the enforcement of U.S. laws regulating immigration raises the specter of civil war. The lawsuit ...
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Ethereum Co-Founder Demystifies Blockchain and How It's Changing Everyday Life
Ethereum blockchain is also the choice of 70 percent of companies that issue ICOs, according a recent study by consulting firm EY. Companies create digital tokens on top of Ethereum blockchain and sell to investors like securities, except that these tokens are not tradable on public markets and not ...
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'Guardian Angel' Davis Brands Audit A Witch Hunt
#On Wednesday evening, before tabling EY's damning report of the water provider, its Chairman Long Island MP Adrian Gibson repeatedly suggested there was an “angel” in high places who ensured a company called Nassau Island Development not only received a hefty contract for work with WSC, ...
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Miller: Ey 'Stooped So Low' Over My Lunch Bill
#EY's probe of the Corporation, tabled in the House of Assembly on Wednesday, found it was required to pick up the tab for Mr Miller's East Villa Restaurant lunches even though this was not officially part of his contract. “Although not specifically approved in his contract, EY noted that former chairman, ...
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Plant 'Not Handled In People'S Best Interest'
#The plant, which was supposed to treat Baha Mar's wastewater and return it to irrigate the $4.2 billion project, was highlighted by the just-released Ernst & Young (EY) forensic audit as an example of how politically-motivated interference and mismanagement have cost the Corporation and Bahamian ...
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UK industrial output jumps in January: official data
“With the closure of the Forties pipeline for much of December and its reopening the subsequent month, a rebound in industrial production was expected,” said EY ITEM Club economist Howard Archer. AFP: British industrial production rebounded sharply last month on the re-opening of a major North ...
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MDDP's head of transfer pricing becomes a partner
Before moving to MDDP in 2014, Marciniak worked for EY in Poland for almost seven years. She studied at the Warsaw School of Economics. She is responsible for projects relating to documentation, transaction measurement and supply chain optimisation, as well developing transfer pricing policies ...
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£2million sales won't pay off debts after firm folded
In a progress report just lodged at Companies House, the joint administrators at KPMG said they completed two property sales late last year. Corskellie Farm and Caymire Farm, both near Milltown of Rothiemay, brought in around £1.8million and £187,500 respectively. A further £12,210 was received ...
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KPMG Insider Trading
Marc Faber on China 'You either believe or not' - Duration: 3:25. Ph?m Th? XuĆ¢n M? No views. New · 3:25 · Cramer Why Facebook is back at its IPO price - Duration: 4:40. Ph?m Th? XuĆ¢n M? No views. New · 4:40 · China's 'Actually Gotten Worse' Jim Chanos - Duration: 2:39. Ph?m Th? XuĆ¢n M? No ...
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KPMG LA Based Partner Provided Non Public Info to Outside Party
Options Action Packing into Hewlett Packard - Duration: 1:09. Nguy?n Th? Ć”nh Tuy?t No views. New · 1:09 · Why choose KPMG - Duration: 3:11. KPMG 247,405 views · 3:11 · KPMG's Insider Trading Scandal: A Watershed for the Auditing Profession? - Duration: 4:56. GrumpyOldAccountants 3,497 views.
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Lawyer: Evidence doesn't support spying charges
“This particular charge emanates from the discredited KPMG report. It's nothing new and goes back to those times. There's no new evidence that my clients are aware of.” Hotz says there is simply no case. “The evidence which exists thus far doesn't support the charges which have been brought against ...
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Hong Kong's budget funding for innovation is a smart start
In a recent KPMG survey, titled “Connecting Hong Kong – Perspectives on our future as a smart city” Hong Kong was identified as having several key strengths: a high-quality transport system, a well-regarded health care system, and its existing role as Asia's leading financial services centre. One key ...
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Staff shown door over profit errors
Several employees said to have been involved in accounting irregularities that were revealed by SIG last month have been dismissed, the building products company said yesterday. A “forensic review” of supplier rebates in its distribution unit by Deloitte, its auditor, and KPMG found that its 2016 profits ...
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KPMG provides books for Rees E. Price School
KPMG partners with First Books to promote literacy by making sure kids have access to books. The company has provided more than 4 million books through its "...
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Staff leave building supplies group SIG following probe into accounting irregularities and mis ...
Troubled SIG has said a number of employees will leave the business following disciplinary investigations relating to accounting irregularities and mis-stated profits. Last month the building supplies group called in auditors from Deloitte and KPMG after a whistleblower identified issues at its UK ...
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OBALON THERAPEUTICS LEAD PLAINTIFF ALERT: Faruqi & Faruqi, LLP Encourages Investors ...
Specifically, on January 23, 2018, Obalon issued a press release revealing, in part, that “a purported whistleblower contacted KPMG LLP, the Company's independent auditors, to make certain allegations relating to allegedly improper revenue recognition during the Company's fourth fiscal quarter of ...
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Carillion chair denied taxpayer loan would be 'a bailout'
Shareholders in Carillion, which was a key contractor on the HS2 high-speed rail link, have castigated its auditor, KPMG, and its directors for their mismanagement of the company's finances. The Pensions Regulator has been among the other stakeholders to face fierce criticism as it emerged that ...
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Robertson seeks investment community help for new ideas on funding infrastructure
The Labour-led administration has already adopted a regional fuel tax to help pay for Auckland's transport infrastructure, such as the City Rail Link. At last year's Infrastructure New Zealand building nations symposium, visiting KPMG global infrastructure executive Stephen Beatty said policymakers need ...
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KFFL's Read to Achieve
KPMG's Family for Literacy (KFFL) hosted literacy events across the country as part of their Read to Achieve initiative, in partnership with non-profit socia...
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Hawks charge ex-SARS trio using flawed KPMG 'rogue unit' report
JOHANNESBURG — The controversial SARS 'rogue unit' report, which KPMG withdrew last year, continues to haunt South Africa. On Friday, the Hawks moved to charge ex-SARS officials Ivan Pillay, Johann van Loggerenberg and Andries Janse van Rensburg in relation to allegations that a SARS ...
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Ex-SARS execs to write to NPA following summonses over corruption charges
"At the outset, it must be noted that the National Prosecuting Authority (NPA) had charged Mr Pillay in October 2016 on aspects from the same KPMG report. The NPA was later compelled to withdraw these charges as important exculpatory evidence – that was either withheld, hidden or not considered ...
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Exclusive: 1 E. Pratt St. sells for $80.1 million, tenant upgrades planned
One East Pratt Street has sold to a Miami real estate investment firm for $80.1 million, according to property records, the second Inner Harbor office building to be acquired by a Florida company in the past month. Banyan Street Capital's purchase of the 355,800-square-foot property from New York-based ...
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Carleton's Johnson honored as 2018 Newman Civic Fellow
The Newman Civic Fellowship is supported by the KPMG Foundation and Newman's Own Foundation. In addition to Johnson's award, a number of other Carleton students and a faculty member were honored by the Minnesota state chapter. Carleton's food recovery network Photo: Erica Zweifel ...
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Adam Prince
After qualifying he moved into IT security, qualified as a CISA and CISM and then started consulting on effective internal controls, taking several roles including setting up the IT Risk Management function for KPMG in Hungary and running their East Europe Y2K practice. Following a move to the UK, ...
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Suspend Abrahams immediately: Freedom Under Law
KPMG, which wrote the so-called “forensic report” on which the charges at the time were based, has since repudiated the report. The statement adds that now, once again, “the NPA, urged on by Sars commissioner Tom Moyane, has seen fit to revive the 'rogue unit' fable, levelling charges linked to the ...
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Ex-South African Tax Officials Face Charges Based on KPMG Probe
The KPMG report was used as evidence in a criminal investigations into the conduct of Pravin Gordhan, who was accused on setting up a rogue investigative unit during his tenure as head of the tax agency. The case against Gordhan, who subsequently became the country's finance minister and is now ...
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84% of young Scottish apprentices enjoy first experience of work
“There are many ways in which KPMG supports entry level recruits in their transition to full time employment. This includes learning and development programmes that broaden skills sets, helping with career path planning, and exposing new joiners to a range of business functions. By focusing on ...
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Deloitte and EY announce gender pay gap data inclusive of partners
Accountancy and consulting giant Deloitte has reported figures revealing women at the firm earn 43% less than men on average. The company emphasised that it paid women and men performing the same roles equally and that the figure was particularly high because it included the earnings of those ...
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Hedging gets a boost from simplified accounting guidance
“The interest is palpable, particularly from the treasury/risk management side,” said Rob Royall, CPA, leader of the Derivatives and Financial Instruments team in EY's Financial Accounting Advisory Services practice. “They see strategies or instruments that were difficult before that suddenly have a ...
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Ey up! Korean teaches Yorkshire dialect with commonplace phrases
Ey up! Korean teaches Yorkshire dialect with commonplace phrases Original Video: http://www.dailymail.co.uk/video/news/video-1376655/Ey-Korean-teaches-Yorksh...
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Movers and shakers
... for almost three years and at the company for more than five years. Previously he was finance & operations director of legal services at the Co-Operative Group where he spent more than five years. Walker spent more than three years at Big Four firm EY and qualified as a chartered accountant in 2001.
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Friday, March 9, 2018
Manufacturing breaks records as construction slumps
The construction sector started the year in recession as commercial building work slumped and private housebuilding slowed, while manufacturing has had its longest run of growth since records began, official data has confirmed. In January output fell sharply in the sector, dropping by 3.4pc compared ...
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Firms on the move: KPMG donates books, time to literacy program
SASB collaborates with Fordham University to advance sustainability education; Rea & Associates launches new website; and more news from CPA offices across the country. View List. next. Get AT in your inbox. Newsletter. Daily, Accounting Technology, Tax Practice, IRS Watch, SMB Finance, Guide ...
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Dynamics of the future workplace
Referring to E&Y recent reports, Shalinder Bakshi, Partner, E&Y shares with People Matters that 9% of deployed jobs will not exist in the near future and 37% of people will be deployed in jobs that have radically changed skill sets. What will be the implications on workplace design? Shalinder Bakshi ...
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Dr. Seuss Reading Day presented by EY | 2018
Dr. Seuss Reading Day presented by EY is an annual reading, motivation and awareness effort that calls for every child to celebrate reading on March 2, Natio...
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KPMG pays women 42% less than men, new figures reveal
EY published its gender pay gap for the third year in a row in December 2017, which showed a gap of 22.1 per cent (median) and 22.3 per cent (mean). Bill Michael, Chairman of KPMG in the UK, said: “Like many businesses our gender pay gap is driven by having fewer women in senior roles and it will ...
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Creeping crypto regulations in LatAm
KPMG International Cooperative. Notes Create. BNamericas. View Notes & Related content. Home · News · Banking; Creeping crypto regulations in LatAm. This information is available only to subscribers. Start a free trial, to unlock the full potential of a subscription to BNamericas. Already a subscriber?
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Accounting News Roundup: Big 4 See, Big 4 Do; Tesla's Top Accountant Leaves; Politics and Tax ...
Following EY and Deloitte's inclusion of partner pay, KPMG and PwC will follow suit after “public pressure.” Tesla's top accountant and controller leaves [MW] Eric Branderiz is resigning for “personal reasons,” according to a securities filing. The company did not “specify an interim controller nor outlined a ...
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Dear firms, mentoring millennials is key to degree apprenticeship success
Ionel Ursu, 33, is a manager with a difference. He's recently married, a father of two, including a newborn son, and worked full-time while studying for a BSc in computing. He graduated last year. “Once the kids were asleep, I'd be awake from 10pm-4am, working on essays, projects and finally my ...
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Former SARS officials set to be charged in relation to bugging of NPA offices
The charges emanate from the now discredited KPMG report into the alleged "rogue unit" at SARS. The report — which was essentially a documentary review — addressed the alleged bugging of the NPA offices in a project called "Sunday Evenings". However, KPMG has retracted parts of the report and ...
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Hawks revive case against former top SARS officials
A sympathiser of the pair said the plan also involves again charging Pravin Gordhan‚ the newly appointment public enterprises minister‚ for his role in Pillay's pension payout. Pillay and Van Loggerenberg are expected to also appear before the Ntsebeza Inquiry into the conduct of KPMG employees who ...
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KPMG pays women 42% less than men, new figures reveal
The accountancy firm's median gender pay gap - the difference between the middle-earning man and the middle-earning woman - is 27 per cent. Fellow Big Four firm Deloitte reported that it pays women 43 per cent less, on average, than men yesterday, with a median gender pay gap of 15.2 per cent.
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Countrywide farmers enters administration putting 735 jobs at risk
A buyer is being sought for retailer Countrywide Farmers, which has gone into administration putting 735 jobs at risk. The Worcestershire based supplier of agricultural goods, which employs more than 700 people and has 48 stores, has appointed administrators from KPMG to handle the sale of the ...
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EY establishes North West Global Trade team as Brexit looms
The new recruits make EY's one of the largest Global Trade and customs duty teams in the North West, with a wealth of experience in advising and assisting businesses on customs and international trade matters from both a practice and industry perspective. It also extends EY's UK Global Trade team to ...
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Record slump for housebuilding sector at start of 2018
Howard Archer, chief economic advisor to the EY ITEM Club, said: "The volatility of this sector suggests some bounceback is likely, although the recent bad weather presents a downside risk." Official figures also showed the manufacturing sector - which has been buoyed recently by the strength of the ...
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INM Reports Profits of €28.5m for 2017
The Board and Management, with the assistance of consultants EY, are currently reviewing all the Group's operations to develop a clear strategy for future growth. The establishment of an implementation team will be central to the successful delivery of this strategic plan and will involve investment in ...
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Auditor Reveals Emails Saying: 'We Need To Deal With Fnm Cronies'
#AUDITOR EY's report into the Water & Sewerage Corporation highlights how intertwined politics has been in the operations of the institution, revealing obscene rows with a political slant, calls for victimisation of Free National Movement “cronies” and apparent political patronage for Progressive Liberal ...
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As a new Picasso exhibition comes to London - here are 5 key pieces to see around the world
The EY Exhibition: Picasso 1932 – Love, Fame, Tragedy, will run until 9 September and takes visitors through a month-by-month journey of the pivotal year in more than 100 paintings, sculptures and works on paper. It was the year that cemented his celebrity status as one of the most influential artists of ...
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Global Environmental Management System Market 2018-2023 by IBM, Fujitsu, TDK, Ricoh Group ...
Management is an output of implementing scientific knowledge in terms of practical applications. Management can be developed in multiple forms, as the face of the respective management can be seen only when it is transformed, adopted or introduced in the practical form. The Global Environmental ...
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BREAKING: Scorpio – Pillay, Loggerenberg and Janse van Rensburg back in the dock over SARS ...
Pillay resigned in May 2015 after a protracted and acrimonious disciplinary process that emanated from a botched KPMG investigation into a “rogue unit” in SARS that was “revealed” by Sunday Times in around 2014. The newspaper later had to apologise and retract their stories relating to the unit.
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KPMG releases partner pay gap data
KPMG has become the latest firm to publish updated gender pay gap data incorporating partners, following suit from EY and Deloitte. Overall, the firm reports a 27% median and 42% mean pay gap between all male and female employees, including partners, and a 11% median and 12% mean pay gap ...
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With NAFTA outcome unpredictable, Canadian businesses need to shift focus to the known ...
"Don't get caught up in the 'black swans' – by definition they are unpredictable and unexpected," says Russ Crawford, National Leader of NAFTA Services for KPMG in Canada. "The announcement last week by U.S. President Donald Trump about planned tariffs on steel and aluminum is just one ...
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KPMG pays women 42% less than men, new figures reveal
The median figure is less prone to this effect, suggesting unequal pay goes down through the ranks to a greater extent at KPMG than it does at Deloitte. EY recently revealed that its gender pay gap was 38.1 per cent when partners were included, and a median of 19.5 per cent. Large accountancy firms ...
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SIG staff leave business after “historical overstatement of profit” revelations
“With support from KPMG, the group has completed a review of financial reporting controls at SIG Distribution, which has identified no further material accounting cause for concern, although it has made some controls recommendations which are now being implemented. “A number of employees are ...
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Japan, Israel also seen as potential contenders in AI race dominated by US, China
Around 40 per cent of the professionals believe the US is leading the race in AI adoption, while 32 per cent consider China the leader, according to an EY poll of 126 senior AI professionals from 2,000 public companies. “In general the US is still leading because of the amount of research the country has ...
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EY Careers - We are happy to share EY opportunities and...
We are happy to share EY opportunities and how students can contribute to #buildtomorrow in the digitally-disrupted era at the Career Fair organized by...
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KPMG pays women 42% less than men, new figures reveal
EY recently revealed that its gender pay gap was 38.1 per cent when partners were included, and a median of 19.5 per cent. Large accountancy firms have published updated gender pay gap information this week to include partners. The companies have attracted criticism for using a loophole to report ...
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Global Management Consulting Services Market 2018-2023 by KPMG , EY , PwC , Booz Allen ...
Management is an output of implementing scientific knowledge in terms of practical applications. Management can be developed in multiple forms, as the face of the respective management can be seen only when it is transformed, adopted or introduced in the practical form. Global Management ...
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A to Z with Saint Francis senior Christian Hanson
K ey to juggling sports and academics: Having a relationship with your coach and having a relationship with your teachers. So if you fall behind, they understand why you are behind. You have to have a hard work ethic. Otherwise you are going to be way too far behind, you are not going to have a lot of ...
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European oil company denies co-op talks with Iran
EY, on their part, declined to comment on the matter. Tehran, immediately after removing the oil sanctions in 2016, introduced the Iran Petroleum Contract (IPC) in a move to replace the old buyback model. National Iranian Oil Company (NIOC) later said it launched serious talks with potential foreign ...
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Global Management Consulting Services Market 2018-2023 by KPMG , EY , PwC , Booz Allen ...
Management is an output of implementing scientific knowledge in terms of practical applications. Management can be developed in multiple forms, as the face of the respective management can be seen only when it is transformed, adopted or introduced in the practical form. Global Management ...
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Cos must follow UPSI policy to prevent insider trading: Report
A new report by ASSOCHAM and KPMG has asked Indian companies to follow a policy to manage unpublished price sensitive information (UPSI) to prevent insider trading. "Companies ... ASSOCHAM and KPMG in India on Friday jointly launched a paper titled "The 'Insider' threat -- Safeguarding UPSI".
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KPMG UK's gender pay gap is 42%
The Big Four firm revealed there is a 42% gender pay gap between KPMG's male and female employees and partners in the UK, while the pay gap at partner level is 12%. KPMG has previously announced that it had a pay gap of 22.3%, but this calculation did not include their partners. The ACAS ...
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Jobs under threat in Whitchurch as Countrywide goes into administration
Jobs in Whitchurch are under threat as administrators have been appointed to Countrywide Farmers, which has a store in Station Road. The company employs more than 700 people across its 48 stores are now under the guidance of KPMG, who have have said no initial redundancies have been made.
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Companies must have policy to protect data against insider trading: KPMG Report
Companies should look at implementing good practices such as investing in the right technology to avoid data leakage," said Sudesh Anand Shetty, Partner-Forensic Services, KPMG in India. The report also suggested a few things that would help the companies keep its reputation intact by guarding ...
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5 important things happening in South Africa today
Auditors for the Gupta family could face being stripped of their licences, if found guilty of misconduct by the South African Institute of Chartered Accountants (SAICA). The former KPMG auditors will come under the spotlight in at least one inquiry into the firm's conduct in dealing with the family. The Gupta ...
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US patients and doctors happy to interact digitally – survey
More than half of people in the US are comfortable contacting their doctor digitally – and medics are also supportive of digital technology as a means of improving quality of care and reducing workload. Conducted on behalf of financial services firm Ernst & Young, researchers interviewed 2,455 US ...
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Andersen expands to the UK and Poland
Roger Bevan founded RBCVAT after leaving EY in 2002. The firm specialises in international VAT and provides advice to multinational companies on transactions, supply chain management and tax planning. The firm's client base includes US corporations with European investments. Bevan was a ...
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Opinion: What US regulators could learn from London on innovation
In addition, U.K. consumers lead the developed world in their embrace of fintech innovations, according to the 2017 EY FinTech Adoption Index. Only in China and India, where the financial sector is less developed, is the adoption of fintech greater. EY notes that the FCA, created in 2013 after the global ...
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The Future of Insurance seminar – EY
Insurance seminar from 22th of February taking place at EY in Stockholm. Agenda: Introduction – Fredrik AndrĆ©n, Nordic Insurance Leader EY. 8:00 – Blockchain...
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Female entrepreneurs aspire to drive new businesses
Women entrepreneurs have been increasingly leading innovation to drive global economic transformation and job creation, according to a survey by EY. The women entrepreneur participants in Asia Pacific region generated a combined revenue of over US$687 million in 2017. “What we're seeing in the ...
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M&E deal value falls to $1.26 bn in 2017 in the absence of mega deals: FICCI E&Y report
MUMBAI: The total deal value in the media & entertainment (M&E) sector has fallen to $1.26 billion in 2017 compared to $2.86 billion in 2016, according to FICCI E&Y M&E 2018 report. The report noted that the key reason for the drop in deal value in 2017 is the absence of mega deals unlike 2016 when ...
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Countrywide Stores latest to go into administration
KPMG said Countrywide Farmers plc, which runs the Countrywide Country stores, sold its LPG (liquefied petroleum gas) business to DCC Flogas on 1st March, with over 60 employees transferring to the new company. The company had also identified a purchaser for the retail business, but that was ...
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Picasso 1932: Love, Fame and Tragedy at Tate Modern
With more than 100 outstanding paintings, sculptures and works on paper—including an unprecedented range of loans from collections around the world—The EY Exhibition: Picasso 1932 – Love, Fame, Tragedy takes visitors on a month-by-month journey through 1932, a time so pivotal in Picasso's life ...
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A to Z with Vanguard's Aubrey Ancelet
K ey to keeping my composure when things are not going well: I mean the biggest thing is to keep going at it. Don't let the fear of striking out keep you from playing right. I tell myself, even if you screw up, there is always a next time. L east favorite sport to watch: To me, basketball. M y most memorable hit ...
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Gender pay gap at KPMG almost doubles
EY became the first of the big four voluntarily to update its pay gap data to incorporate partners in Britain into its figures. It reported a mean gender pay gap, including partner pay, of 38.1 per cent, and a median of 19.5 per cent. For partners, the mean pay gap stood at 14.6 per cent and the median at 10 ...
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Black Ferns' Rugby World Cup stars giving back to the 'game that has given us so much' in Hong ...
She was part of the New Zealand team that thumped Hong Kong 121-0 in last year's Women's Rugby World Cup in Dublin and now Aroha Savage is doing her bit to develop the sport here. Along with fellow Black Fern Rawinia Everitt, Savage joined Societe Generale Valley at the start of the KPMG ...
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SIG employees leaving business after accounting scandal
Troubled building supplies firm SIG has said a number of employees will leave the business following disciplinary investigations relating to accounting irregularities and mis-stated profits. Last month the group called in auditors from Deloitte and KPMG after a whistleblower identified issues at its UK ...
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Deal for interiors companies completes
A deal for Leeds-based Central Square Holdings (CSHL) to acquire two North West interiors companies has completed. KPMG supported CSHL on the acquisition of Sale-based Styles & Wood Group plc (S&W) and Southerns Group, which is headquartered in Bolton. The acquisition of property services ...
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SIG workers leave business following accounting scandal
This resulted in the discovery of “historical overstatement of profit” for the financial year ending December 31 2016, as well as prior years, SIG said at the time. On Friday, the firm said that, while an investigation carried out by KPMG found no further cause for concern, SIG will make a number of changes.
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Ireland's Independent News & Media suffers 32% drop in profits
Mr MacLennan said on Friday trading conditions had been difficult in 2017 but he was “confident that a robust development strategy is being put in place, with the assistance of EY, which will open a pathway for us to identify a successful future for our business”. The media group once owned newspapers ...
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EY Fraud Newsletter - Business Interruption due to Cyber-crime
Will you be able to recover from a cyber-crime incident? Tips from EY on deriving value from your cyber insurance. #cyberinsurance https://www.eycom.ch/en/Pu...
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Over half of Irish entrepreneurs say recruitment is their biggest challenge
A new survey has found 57% of Irish entrepreneurs say recruiting experienced staff has been the biggest challenge in the last year. The annual EY survey was conducted amongst 130 entrepreneurs across the island of Ireland, who are all previous finalists in the EY Entrepreneur Of The Year. EY says ...
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China has made artificial intelligence as a 'key technology'
Finding ways to share data in larger pools will boost the ability to expand artificial intelligence activities, says Jeff Wong of EY.
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Ey ajnadi
Ay Ajnabi Tu Bhi Kabhi - [Sur-Kshetra - Episode # 22 - 01-Dec-2012] - By; Nadeem Abbas - Duration: 9:21. Shaheen Teri Parwaz Se Jalta Hai Zamana 435,889 views · 9:21 · Aye Ajnabi Tu Bhi Kabhi - Duration: 5:39. CALI CLK 294,245 views · 5:39 · Channa Mereya - Lyric Video | Ae Dil Hai Mushkil ...
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Rat chm ht Created by Video Maker:https://play.google.com/store/apps/details?id=com.videomaker.editor.slideshow.
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'Firms have Rs. 1.8 lakh cr. cash trapped in the books'
India Inc. has the potential to release Rs. 1.8 lakh crore of cash trapped in corporate balance sheets, according to an EY report titled 'Working Capital Management — Are you leaving cash on the table?' The working capital situation has worsened mainly on account of increase in inventory levels, which ...
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Q&A with Elie Younes EVP and CDO of the Radisson Hotel Group
E.Y. The new Radisson Hotel Group name capitalizes on the powerful brand equity of the internationally-recognized Radisson name. Aligning the group's portfolio of more than 1,400 hotels in operation and under development will drive stronger awareness amongst consumers with a more consolidated ...
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EY - Meet the entrepreneurs selected to join our 2018...
Meet the entrepreneurs selected to join our 2018 #WinningWomen program as they embark on an immersive program to grow their companies...
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Comment Of The Day: I Will Not Rest Until I Can Buy A Mid-Engine Two-Seater Crossover
Advertisement. This is the right take. The number of niches yet to be filled is far beyond Mercedes' scope of a couple coupe-ey sedans and hunchback SUVs. That's weak, man. Once Benz makes a midengine two-seat crossover then it can talk.
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“Lady Bird” and the importance of being female
though they are not o en given the recognition for it, female directors are able to bring something to lms that men typically cannot. ey understand what it's like to be a woman. ey un- derstand what it was like to be a girl. that's what's missing when men write for women and produce characters that are only ...
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Gap between large firms and SMEs continues to widen: study
THE gap between Singapore's small and medium-sized enterprises and bigger firms widened further as SMEs continued to struggle while earnings at their more established counterparts reached for the stars. This was among the findings of a study by DP Information Group (DP Info) and EY unveiled on ...
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Big firms pull further ahead of SMEs
Turnover and profits tumbled at top small and medium-sized enterprises (SMEs) while Singapore's largest companies recorded double-digit increases that took their combined profits to a record high, according to DP Information Group (DP Info) and consultants EY. This was unveiled on Thursday at the ...
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'Rs 1.8 lakh crore cash trapped in corporate books'
Naveen Tiwari, partner and leader, EY India said: “In current times, managing cash and liquidity effectively is imperative given the increase in NPAs and ballooning corporate balance sheets. Further, GST, tech advancements and alternative sources of debt-funding are providing firms with an opportunity ...
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'Friend' Of Wsc Manager Given $3.2m Contract
#A WATER & Sewerage Corporation employee, described as a “close friend of” General Manager Glen Laville, secured a lucrative $3.2m contract with the corporation despite being fired twice, auditor EY said in its report. #The contract was for engineering services and it was awarded to ACO JV (joint ...
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5 Rules For Renegades On International Women's Day
As EY hosted a panel for employees at Town Hall (which also streamed on Facebook) to celebrate women's advancement to help all of us, both women and men, strengthen diversity and inclusion, Amy Jo Martin was one of the speakers. The author of the New York Times bestselling book, Renegades ...
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Dangerous Materials Used In Eleuthera Water Tanks
#“Up to this point, TCC had already been paid approximately $360k and suffered numerous project delays,” EY said. “When asked why he didn't require Internal Control & Compliance to perform an investigation into the allegations, GM Laville stated he didn't consider it necessary. WSC management ...
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EY's Brooke-Marciniak Says Tariffs Can Undermine Tax Reform
Beth Brooke-Marciniak, EY global vice chair of public policy, discusses President Donald Trump's proposed tariffs and a possible trade war. She speaks with Bloomberg's David Westin and Lisa Abramowicz on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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KPMG's Gupta Auditors Could Be Stripped Of Licences Soon
KPMG is one of five multinationals, which have been tainted by their association with the Gupta family. Yesterday the software company SAP admitted it had paid R128-million to companies associated with the Guptas in order to win big government contracts. Three executives of the South African office ...
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Cyber police: Government to handle cybercrime through training police personnel
It includes different attacks such as phishing, scanning, probing, virus, defacement and so on. With its rapid evolvement, there has been an urgent need to address the issue. According to an interview conducted by KPMG in 2017, Additional Commissioner of Police Hari Kishore Kusumakar stated there ...
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Gender pay gap will only reduce when a firm's culture changes
It is worth noting that a large number of businesses in Ireland, North and South, including my own organisation, KPMG, are already fully engaged in seeking to reduce the gender pay gap by implementing targeted policies. Gender parity is a strategic imperative for business, and to be successful in ...
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Corporate volleyball league competition heats up
On the other court Cayman National Bank took on KPMG in an attempt to remain undefeated. CNB took the first set 25-19 and also won the second set 27-25 despite KPMG's best efforts to force a tie breaker. CNB end on 7 points, KPMG on 2 points. In the next set of matches PwC defeated Deloitte in a ...
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