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Top News In பவ்க் உலகளாவிய ஒப்பந்தங்கள் தொழில்கள் தலைவர் Today - Breaking & Trending Today

Mountain to climb for accountants amid most demanding audit season in decades


Mountain to climb for accountants amid most demanding audit season in decades
Auditors turn to the virtual world to meet the twin challenges of lockdown and the rising tide of businesses on the brink
This winter could well be the toughest audit and reporting season for decades
For many white collar professionals, working from home has offered a welcome chance to avoid having the boss looking over their shoulder. Not so at the Big Four accounting firms.
Partners have been setting up “virtual audit rooms” – video meetings where teams stay online throughout the day and pipe up if they have questions while they work in the background. ....

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David Makhura to answer to ANC Gauteng integrity commission


David Makhura to answer to ANC Gauteng integrity commission
11 February 2021 - 09:39
Image: Veli Nhlapo
Gauteng premier David Makhura will appear before the ANC’s provincial integrity commission.
This was resolved at a special meeting of the Gauteng ANC’s provincial executive committee (PEC) that ended late on Wednesday night.
He will not be stepping down before that, insiders confirmed.
“He remains the premier, he’s in office but the POBs [public office bearers] or PWC [provincial working committee] will just deal with the timelines to say when he will appear,” a source close to the decision told TimesLIVE.
Makhura will appear before the commission for his office being implicated in Covid-19 personal protective equipment corruption. ....

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11 board members connecting S&P 500 companies to the Big 4


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Eleven S&P 500 board members worked at the same Big Four accounting firm that audits their company.
The ties may create conflicts of interest when boards pick auditors and review their work.
The new SEC chair soon could revisit which auditor relationships it sees as OK and not OK.
Hiring board members with years of experience at a Big Four firm can be a big boon for large companies, as accounting experts can guide them through the auditing process and address weak spots. 
But when a board member previously worked at the accounting firm that then audits their company, the direct relationship could increase the risk of conflicts of interests, experts and watchdogs say, especially if they re on committees that elect auditing partners, which conduct independent reviews of financial records to ensure they re correct and follow ....

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How much are trustees paid? Survey reveals 'lagging' remuneration and lack of diversity


So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download
In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download
Find whitepapers ....

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