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Outcome of disciplinary case in connection with Presbyterian Mutual Society

March 1st, 2016 (0)
The Financial Reporting Council (FRC) announces the outcome of the disciplinary case in connection with the conduct of Moore Stephens in Northern Ireland (Moore Stephens (NI) LLP) and David McClean, Audit Engagement Partner, in relation to the audit of ...

Is the oil crash over? Prices soar 30% in 11 days

March 1st, 2016 (0)
  Oil has stopped crashing. Investors around the world freaked out when oil prices plummeted to a 13-year low of $26.05 a barrel on February 11. But they are now sitting at $34 a barrel, marking an incredible 30% spike ...

Arab States Face $94 Billion Debt Crunch on Oil Slump, HSBC Says

February 29th, 2016 (0)
$52 billion of bonds, $42 billion of loans due this, next year Refinancing challenging with slow growth, rating downgrades Gulf Cooperation Council countries may struggle to refinance $94 billion of debt in the next two years as the region ...

FASB issues an Accounting Standards Update

February 29th, 2016 (0)
FASB issues new Quidance on Lease Accounting The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) intended to improve financial reporting about leasing transactions. The ASU affects all companies and other organizations that lease assets such as ...

Oil Prices up on Strong U.S. Data and Lower Oil-Rig Count

February 29th, 2016 (0)
Crude oil prices rose in early Asian trade Monday, buoyed by hopes that a fall in U.S. oil rigs would ease excess supply while stronger consumer spending in that country would spark demand for oil. On the New York ...

Asia markets mostly higher; Sharp drops 15% on takeover deal

February 26th, 2016 (0)
Asian markets were mostly higher Friday, with Japan extending gains from the previous session and Australia closing flat. Market watchers will be focused on a two-day gathering of G20 finance ministers and central bankers in Shanghai that kicked off ...

Google £130m UK Tax Deal ‘Small’ Say MPs

February 25th, 2016 (0)
An influential committee of MPs is the latest to line up and criticise the settlement between the taxman and Google. MPs have declared that Google’s controversial £130m tax deal with the UK “seems disproportionately small”, and called for the ...

PwC Director: Blockchain Impact Could Create Winners and Losers

February 25th, 2016 (0)
Global professional services giant PricewaterhouseCoopers (PwC) became the latest big-name firm to make its blockchain service offerings public this month, unveiling a solution portfolio designed to take business clients from ideation to iteration as they explore the emerging technology. The ...

Playtech: Results for the year ended 31 December 2015

February 25th, 2016 (0)
Playtech (LSE: PTEC) today announces its full year results for the year ended 31 December 2015, together with a trading update for the period to 22 February 2016. Financial highlights * Adjusted numbers relate to certain non-cash and one-off ...

China shares drop, with the Shanghai Composite tumbling more than 5%

February 25th, 2016 (0)
China markets tumbled Thursday, extending a long rout, but some Asian markets posted gains following Wall Street’s reversal of sharp intraday losses overnight on the back of higher oil prices. Concerns were raised over China this week after the People’s ...
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