Search Results for: Big Four
Just 6% of companies switched auditors ahead of incoming rules
July 14th, 2014
Just one in twenty (6%) of companies has changed its auditor ahead of compulsory audit tender rules coming into effect in October. Research from Bloomsbury Professional found just under 3,000 businesses with a turnover of more than £6.25m switched ...
UK challenger banks call for easier access to BoE liquidity
June 24th, 2014
Britain’s “challenger” banks are pushing for easier access to Bank of England liquidity and more favourable capital rules to help them compete with established lenders. Small banks say they can be asked to provide substantial collateral when they use ...
The under-fire Asian finance function where jobs face a serious new threat
May 27th, 2014
If you’re an accountant at the Big Four in Hong Kong, now is a good time to start planning how you might move to the banking sector or transfer to mainland China. China’s Ministry of Finance announced a draft ...
Taxware Acquires VAT Resource
April 15th, 2014
Taxware, provider of sales, use and value added compliance software and services, announced the acquisition of VAT Resource, The Netherlands-based independent VAT technology, consulting and compliance outsourcing company. The acquisition enhances Taxware’s VAT content for tax determination while adding ...
UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%
January 26th, 2024
KEY POINTS Data from industry body Innovate Finance shows that global investment in fintechs sank to $51.2 billion in 2023, down 48% from 2022. Despite that, the UAE saw total investment soar 92%, thanks in part to more fintech-friendly ...
European stocks rose
January 26th, 2024
European stocks rose on Friday, bucking weakness in US equity futures and in Asian markets, as an update from the world’s largest luxury retailer showed that spending among the wealthiest consumers remains resilient. Europe’s Stoxx 600 index advanced as ...
Bitcoin and Ethereum turn volatile
July 26th, 2022
Uncertainty is mounting around Bitcoin and Ethereum ahead of this week’s Federal Open Market Committee. Furthermore, upcoming earnings reports from America’s five biggest tech companies and other reports could impact crypto prices over the next few days. Bitcoin and ...
World shares steadied on Friday; Gold recovered somewhat
September 17th, 2021
World shares steadied on Friday above three-week lows set in the previous session though they were heading for a weekly loss on China jitters and global growth concerns, while strong U.S. retail sales data buoyed the dollar. Shares in ...
Cryptocurrency prices today: Bitcoin, ether, dogecoin slip; Cardano gains
August 4th, 2021
In cryptocurrencies, Bitcoin prices today continued to trade below the $40,000 mark as the world’s largest cryptocurrency by market capitalization declined over 2% to $38,107, as per CoinDesk. The decline in price puts Bitcoin back in the top end ...
European stocks are expected to struggle for direction at the open on Tuesday
July 13th, 2021
European stocks are expected to struggle for direction at the open on Tuesday ahead of earnings reports from several big banks in the U.S. London’s FTSE is seen opening 5 points lower at 7,128, Germany’s DAX 1 point higher ...