Hong Kong is facing an exodus of educated workers on a scale not seen since the early 1990s, that is impacting the city’s many functions, including auditing services. According to the Financial Reporting Council (FRC), Hong Kong’s audit regulator, the emigration of experienced staff has resulted in a shortage of qualified auditors in the city,…
Hong Kong Experiences Shortage of Skilled Auditors Amid Emigration Wave
Two Videographers Concern Yorba Linda Church Goers in First Amendment Stunt
Two men allegedly harassed local Yorba Linda churchgoers Aug. 22, although police say they were within their First Amendment rights to do so and no arrests were made. The men could be seen on opposite sides of the driveway leading into St. Martin De Porres Catholic Church, holding video cameras and filming parishioners while yelling…
Britain to Shake Up How Companies Are Run and Audited
LONDON—Britain proposed weakening the market grip of “Big Four” auditors on Thursday and making company directors responsible for spotting fraud after the collapses of retailer BHS and builder Carillion. Directors would have to repay bonuses if their company went bust or serious failings came to light, and dividends and bonuses would have to be stopped…
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