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…
Recovering Job Market to Ease JobKeeper Withdrawal Fears: Report
According to a new report, a recovering jobs market is easing concerns Australia’s economy will struggle to cope with the end of the JobKeeper subsidy in March. In December, job figures revealed a decline in the unemployment rate from 6.8 percent to 6.7 percent, a contrast to the 7.5 percent in July during the depths…
Ottawa Gives Accounting Firm Deloitte $16M Contract to Track COVID-19 Vaccinations
OTTAWA—The federal government has awarded international accounting firm Deloitte a $16-million contract to build a national computer system to manage the COVID-19 vaccine rollout. The contract was recently posted to the federal procurement department’s website after Ottawa called on companies to submit proposals for developing the system in December. Federal officials last month defended the…
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