Saturday, March 31, 2018

Period Purse launches first Sault drive

Scott wants to donate 15 to 75 purses to Pauline's Place, a youth shelter on Queen Street East. Drives held in several workplaces have already helped her reach her minimum goal. KPMG offices in Sault Ste. Marie and Sudbury and Honeywell and Merry Maids in the Nickel City contributed to her cause.
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Wide powers to Tax Chief in new tax laws effective today

Also under certain circumstances the Commissioner General has the power to decide taxes that one should pay in terms of future profits, said Principal -Tax and Regulatory, KPMG – Suresh Perera. He was speaking at a panel discussion titled 'New regime in tax laws' on the changes in taxation from ...
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No joke: New tax regime from April 1

Rajendra Theagarajah, MD/CEO – Cargills Bank, stresses a point watched by Suresh Perera, Principal, Tax and Regulatory –KPMG (extreme left) and Roy Joseph -MD of Hemas Manufacturing (Pvt) Ltd) (second from right) during a panel discussion on the new taxes at the Sunday Times Business Club ...
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Bengaluru, only Indian city in top 10 tech hubs' list

According to a report titled "The changing landscape of disruptive technologies", released by global advisory firm KPMG, Bengaluru shares the eighth position with Israel's Tel Aviv. The Chinese city of Shanghai is placed at the top, followed by Tokyo, London, New York, Beijing, Singapore and Seoul.
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Around 80 employees made redundant as West Lothian company enters administration

Blair Nimmo, Joint Administrator and Global Head of Restructuring for KPMG, said: “Unfortunately, while VEL was a leading company in its field, the business was unable to continue trading in light of cash flow and recent events within the challenging construction sector. “As a result of the difficult ...
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Volvo XC60 wins World Car of the Year

A panel of 82 automotive journalists from 24 countries is responsible for voting on the award, and the votes are tallied by KPMG. “I am pleased to see our company's product investments paying off,” said Håkan Samuelsson, CEO of Volvo Cars. “We are up against some tough competition, but this award ...
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US Singer Cher Wants Saudi Crown Prince to Free Royal Detainee

Revenue is one of the most important financial matrix that companies report, and this standard will impact that in a big way, Sai Venkateshwaran, partner and head of Accounting Advisory Services at KPMG India, told BloombergQuint. Ind AS 115 corresponds to IFRS 15 and globally companies have ...
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P3 schools fail to make the grade

Even the KPMG Value for Money report on the Saskatchewan P3 schools shows the traditional build model is less expensive on all accounts (construction, procurement, financing). The one exception is KPMG's addition of $150.4 million in “retained risks” slapped onto the cost of the traditional build ...
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Emirates Institute for Banking, KPMG to offer financial education programmes

Dubai: The Emirates Institute for Banking and Financial Studies, EIBFS, and KPMG have partnered to develop highly-specialised programmes in the financial education domain. This initiative was agreed upon by Jamal Al Jassmi, General Manager of EIBFS, and Emilio Pera, Partner — Head of Financial ...
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KPMG honoured as CSR Leader by Qatar CSR Report

DOHA: Qatar University (QU) hosted a ceremony to launch the 6th edition of Qatar CSR Report and the second CSR exhibition under the theme 'Citizenship on March 26. During the ceremony, KPMG was honoured as CSR Leader in recognition of its role in the development of CSR in Qatar, especially ...
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Aditi Ashok misses cut at ANA Inspiration on LPGA

Among those headed home were two-time ANA Inspiration champion, Brittany Lincicome, 2017 KPMG Women's PGA Champion Danielle Kang, the 2016 US Women's Open Champion Brittany Lang, 2014 Ricoh Women's British Open Champion Mo Martin, and 7-time major champion Juli Inkster.
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Aditi Ashok misses cut at ANA Inspiration on LPGA

Among those headed home were two-time ANA Inspiration champion, Brittany Lincicome, 2017 KPMG Women's PGA Champion Danielle Kang, the 2016 U.S. Women's Open Champion Brittany Lang, 2014 Ricoh Women's British Open Champion Mo Martin, and 7-time major champion Juli Inkster.
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India Inc: Need for additional capabilities to enhance role of learning

That's what the KPMG-NHRDN study titled Learning On Point 2018 indicates. The study assesses the state of learning and development across 138 organisations across several sectors. CNBC-TV18 caught up with Nishchae Suri, Partner and Head, KPMG Learning Academy to understand how ...
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KPMG hit by Hong Kong High Court in $400m China Medical fraud

KPMG in Hong Kong, which signed off the audits, has claimed it does not have the papers. KPMG Huazhen has allowed liquidators to examine some of China Medical's papers on site under the supervision of the auditor's personnel and attorneys, a situation Judge To characterized as “unworkable.”
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WATTS WATER TECHNOLOGIES,INC. (NYSE:WTS) Files An 8-K Departure of Directors or Certain ...

Prior to joining ITT, Mr.Pagano worked at KPMG LLP. Mr.Pagano is a Certified Public Accountant. Mr.Pagano has also served as a member of the Board of Directors of Applied Industrial Technologies,Inc. since August2017. Applied Industrial Technologies is a distributor of bearings, power transmission ...
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Friday, March 30, 2018

Baidu Releases Huge Dataset for Autonomous-Vehicle Research

Baidu has also partnered with Udacity, an online data-science education website, to launch on online course titled Intro to Apollo which is part of Udacity's nano degree on self-driving cars. The course start date has not yet been set. KPMG's 2018 Index on Autonomous Vehicles Readiness ranks China at ...
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M&A values in financial industry to surpass 2017 levels: Baker McKenzie

In a phone interview on Thursday, Stephen Bates, partner, Deal Advisory, Financial Services, KPMG Singapore, told The Business Times: "We expect deal volumes to increase by about 10 per cent (in the Asia-Pacific). "We've got significant investor appetite from private equity and private capital, and ...
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Liberty Tax brings back ousted board member with $50000 cash

The company's outside auditor, KPMG, resigned late last year citing an “inappropriate tone at the top,” as have four board members elected by shareholders, including all of the members of its audit committee. The Nasdaq Stock Market requires at least three independent board members (those without ...
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Kidero to Sonko: Admit job is tough, do not look for scapegoat

The communication intensified two weeks ago when the explosive KPMG audit report on the county finances was released. The report stated the county could have lost Sh21 billion during the former regime. Kidero denied claims Makori was spying for him. He urged Sonko to admit his shortcomings ...
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Reading is the thing at Perspectives in St. Louis Park

St. Louis Park resident Faye Mullena, 7, places a sticker on a book as volunteer Kaitlyn Rosenwald of KPMG's Family for Literacy initiative supervises March 21 at Perspectives Inc in St. Louis Park. The reading event featured Dr. Seuss-themed hats and decorations as well as a reading of “The Cat in the ...
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Permodalan Nasional Berhad Sells Two London Properties

KPMG is an advisor to the New Economy Development Fund. The United Arab Emirate's US$ 127 billion sovereign investor announced last week that it would be absorbing its sister organization, the Abu Dhabi Investment Council (ADIC), to operate together under the umbrella of the Mubadala Group.
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KPMG hit by HK High Court in US$400 mln China Medical fraud

BEIJING: Global accounting firm KPMG has suffered a major setback in its battle against liquidators of former US-listed healthcare firm China Medical Technologies Inc, whose executives have been charged in the U.S. with defrauding investors out of over US$400 million. The China Medical case is the ...
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Liberty Tax brings back ousted board member with $50000 cash

The company's outside auditor, KPMG, resigned late last year citing an "inappropriate tone at the top" as have four board members elected by shareholders, including all of the members of its audit committee. The Nasdaq Stock Exchange requires at least three independent board members (those ...
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Ogletree Keeps Up Momentum With Revenue, Profit Gains

One of the firms representing the female employees in the long-running KPMG gender discrimination class action, Sanford Heisler Kimpel, filed a proposed class action seeking $300 million for gender discrimination against Ogletree itself in January. The suit was filed in federal court in San Francisco on ...
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Vancouver doesn't crack the list of top 15 tech sectors in the world

VANCOUVER (NEWS 1130) – To hear local politicians and executives tell it, our tech sector is a leader in North America, and perhaps the world. However, Vancouver has failed to crack the top 15 in a new survey from KPMG on leading global innovation hubs. Page 1 / 44. Zoom 100%. wp-pdf.com.
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Casual dining crunch could see many more restaurants close after Prezzo, warns KPMG

Foodies and restaurant goers should brace themselves for a spate of future high street closures, a national accountancy firm has warned. Accountancy and business services firm KPMG fears that with a quarter of casual dining brands facing financial difficulties, more restaurant chains could face closure.
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Prospects of Fuel-Cell Electric Vehicles Boosted with Chinese Backing

FCEV's comparative advantage in range and user-friendly refueling infrastructure led 78% of executives in KPMG's latest global automotive executive survey to conclude that FCEVs will be the “golden bullet” for electric mobility. The United States, China, Japan, Germany, France, and the United ...
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City Hall sends home Finance executive and chief officer

According to a KPMG report commissioned by Mr Sonko and released this month, Nairobi County lost more than Sh21 billion between 2013 and 2017. The audit report implicated Dr Kidero, who is accused of presiding over the loss of the money, with Governor Sonko saying that he will go after any ...
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Accounting News Roundup: KPMG's Missing Workpapers and a Hero Goalie | 03.30.18

KPMG's Hong Kong and mainland affiliate, KPMG Huazhen, have not been cooperating with a court order to produce its audit workpapers for defunct China Medical Technologies Inc. because it says doesn't have them. Paul Gillis is quoted, saying that the HK firm “used its letterhead on the audit report ...
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BMW and Daimler team up on mobility joint venture

As a result, traditional auto firms like BMW and Daimler could experience major losses to their core business in the years to come — 59% of auto executives agree that, by 2025, half of today's car owners will no longer want to own a vehicle, according to a study by KPMG. Adding their own mobility units ...
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Form 8-K WATTS WATER TECHNOLOGIES For: Mar 28

... and President of Industrial Products. ITT Corporation is a diversified manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation and industrial markets. Prior to joining ITT, Mr. Pagano worked at KPMG LLP. Mr. Pagano is a Certified Public ...
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Conviviality auditors could face the wrath of accountancy watchdog

Frank Field MP said Conviviality's auditor, KPMG, must answer questions for failing to flag accounting errors that contributed to the group's imminent demise. “This is a mess,” he said. “Increasingly these audit reports aren't worth the paper they're written on. The auditors are taking us all for a ride and the ...
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KPMG honoured as CSR Leader by Qatar CSR Report

DOHA: Qatar University (QU) hosted a ceremony to launch the 6th edition of Qatar CSR Report and the second CSR exhibition under the theme “Citizenship” on March 26. During the ceremony, KPMG was honoured as CSR Leader in recognition of its role in the development of CSR in Qatar, especially ...
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The Morning Download: Microsoft Shifts Focus from Windows to Azure Cloud

In a survey of 767 business executives at tech-focused firms around the world, revenue growth was cited as the top metric to measure the success or failure of tech innovation in their organizations, KPMG said this week. Chief information officers were named as the top executives responsible for driving ...
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SouChe listed Top 50 Chinese Automotive Tech Companies for leading the upgrade of industry

BEIJING, March 30, 2018 /PRNewswire/ -- KPMG published "2017 Top 50 Chinese Leading Automotive Technological Companies" on March 28. SouChe, the leading platform of new retail and new finance in the Chinese automotive industry, stands out from more than 4,000 companies to enter the top ...
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Shops are slashing prices by 70% in a bid to make Good Friday the new Black Friday this Easter

Savings in many stores will be even larger than on 23 November – as retailers attempt to shake off a recent period of low demand. Analysts are predicting record-breaking Easter sales – which are forecast to rise by 3 per cent on last year's figure, according to KPMG. Figures show there are 29 per cent ...
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Auditors find errors in Bolton Council's benefits claims

AUDITORS issued a 'qualifying letter' to Bolton Council after finding errors in its housing subsidy benefit claims. Accountants KPMG found cases that resulted in an overpayment of benefits due to applications being incorrectly processed. The letter means that issues were identified that could not be ...
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3 reasons why the IQE share price could have further to go

Indeed, the company, which supplies parts for iPhones, quickly fired back against these accusations of weak governance and misleading reporting by appointing a new auditor, KPMG, and declaring that it wants to “go above and beyond” disclosure requirements to defend its reputation. Then at the end ...
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Northants plans to use up reserves to balance budget

Northamptonshire's auditors- KPMG- previously expressed concerns about the council's use of capital receipts to raise money, suggesting it was not sustainable. The council has accepted the findings of a reported carried out by Max Caller, which suggested it should be split up and two new unitary ...
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Finance boss Danvas Makori sent home for working against Sonko

According to a KPMG report released in March and commissioned by Sonko, Nairobi lost at least this amount between 2013 and 2017. Kidero was blamed while his successor has vowed to go after all implicated people. On Wednesday, while chairing a committee on the construction of a fire station in ...
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Inheritor of Custom House Capital clients fined €220k

The liquidator of Custom House Capital, KPMG's Kieran Wallace, appointed BCWM as manager of these properties, effectively making it the new investment manager to the former clients of Custom House Capital. The new fine relates to all client funds and not necessarily those inherited from Custom ...
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Harju County Court appointed liquidators of Versobank

Under the court order, the liquidators are Certified Public Accountant Eero Kaup (Partner at KPMG Baltics OÜ), Internal Auditor Viljar Alnek (Head of Internal Audit Services at KPMG Baltics OÜ) and Attorney-at-Law Ksenia Kravtšenko (Law Office KPMG Law OÜ). In their appointment of the liquidators, ...
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Abraaj plans to cut workforce by 15pc

Evidently the investors were not convinced, so Abraaj ordered an internal audit by KPMG, which cleared the firm of any wrongdoing. But the investors appointed an independent auditor of their own, Ankura Consulting. At issue is whether the company moved any funds out of the specialised Abraaj ...
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KPMG Azerbaijan: Chamber of Auditors didn't detect any issues audit of Bank Standard

In connection with the bankruptcy of Bank Standard, 82 depositors have sued a number of bank insiders, including the Central Bank of Azerbaijan (CBA), the Financial Market Supervisory Authority and KPMG auditing company. Chairman of the Bank's Committee of Creditors Akram Hasanov, accused ...
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Sonko suspends top Finance officials 'interfering' with audit probe

According to KPMG report released this month after it was commissioned by Governor Sonko, it emerged that Nairobi lost over Sh21 billion between 2013 and 2017. The previous administration is accused for the loss of that money which the Governor has vowed to go after any person implicated in the ...
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KPMG hit by Hong Kong High Court in $400m China Medical fraud

Global accounting firm KPMG has suffered a major setback in its battle against liquidators of former US-listed healthcare firm China Medical Technologies Inc, whose executives have been charged in the US with defrauding investors out of over $400 million. The China Medical case is the most ...
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KPMG hit by Hong Kong High Court in $400 million China Medical fraud

The ruling also paves the way for proceedings on a contempt summons brought against 91 KPMG partners and former partners issued in November for refusal to comply with a High Court order to produce China Medical's audit work papers. A substantive hearing on that action is widely expected later ...
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KPMG hit by Hong Kong High Court in $400 mln China Medical fraud

By Matthew Miller BEIJING, March 30 (Reuters) - Global accounting firm KPMG has suffered a major setback in its battle against liquidators of former U.S.-listed healthcare firm China Medical Technologies Inc, whose executives have been charged in the U.S. with defrauding investors out of over $400 ...
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Thursday, March 29, 2018

Rly Board plan for buying wagons via reverse auction process raises concerns of aggressive bidding

Rajaji Meshram, Director of KPMG India, thinks the proposal has merit as the bulk purchases will bring in a “quantitative change” in the market size, thereby creating prospects for “drastic” price reduction. The bulk purchases proposal will trigger a paradigm shift in the market conditions, and “market price ...
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Good Friday is the new Black Friday as shops offer 70 per cent discounts

Experts are predicting a record Easter shopping bonanza with sales expected to rise by 3 per cent compared to last year for the sixth year in a row, according to consumer analysts at KPMG. After a period of weak sales shops are luring consumers back onto the high street in time for the four-day break ...
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At Rs 111 bn, govt collects highest taxes from trading on exchanges in FY18

The government's continued efforts to channel more household savings towards financial assets, together with the continued interest in Indian markets by institutional investors, could result in high levels of activity in equity markets,” said Sai Venkatesh, partner, KPMG India. The Centre expects to collect ...
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More Firms Look for Revenue Boost from Tech Innovation, CIOs

Tim Zanni, KPMG's global and U.S. technology sector leader, cited artificial intelligence, Internet-of-Things, robotics and other emerging tech tools and capabilities as having a “great influence” on the way businesses today are run, drawing big investments from key platform vendors, he said in a research ...
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Development-Finance Groups Widen Inquiry Into Abraaj Funds

Some of those people added that the move constituted a breach of a fund agreement signed by Abraaj and its backers. Abraaj insists that it acted appropriately. The private-equity firm said that a separate audit it commissioned that was carried out by KPMG found that all the money in the health-care fund ...
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How New York's Child Welfare Chief Is Trying to Fix His Agency's Image

And he has to manage an ethics conflict stemming from his last job, as a managing director at the consulting firm KPMG, where he was in charge of the social services arm. KPMG has $2 million in contracts with the Administration for Children's Services, to work on some of the agency's juvenile justice ...
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Vista Outdoor hires new CFO

He is also the former CFO for Aricent Group/KKR Private Equity, and has worked at companies including Cisco Systems, Tyco International, IBM and KPMG. Lopez earned a double major in Finance and Accounting from Georgetown University, and an MBA, specializing in Finance, from the University of ...
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Vista Outdoor (VSTO) Names Miguel "Mick" Lopez as CFO

He has held increasing roles of responsibility at companies such as Cisco Systems, Tyco International, IBM and KPMG. Lopez earned a double major in Finance and Accounting from Georgetown University, and an MBA, specializing in Finance, from the University of Chicago. He is a certified public ...
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IT Risk Management - Part 2: The Move Towards Dynamic Technology Risk

In Part 1 of our two-part blog series on today's technology risk landscape, we discussed the results of KPMG's 2017 inaugural tech risk survey — which found that despite the rising profile of the technology risk function across the 1st and 2nd line of defense, the organization still does not actively manage ...
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Journal Profile: Xplore Technologies CEO Tom Wilkinson likes his tech shaken and stirred

Wilkinson has spent about two decades in corporate and public accounting at companies including New York-based KPMG LLP and Dell Technologies Inc. in Round Rock. He also founded and was the managing partner at Austin accounting firm PMB Helin Donovan LLP. Wilkinson led the firm as it ...
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Soumillon, O'Brien, Gun Runner Among Honorees For Sheikh's Excellence Awards

... Best Trainer and Best Owner were based on a tally of statistical data compiled by the U.S. Jockey Club and analysed by a committee consisting of representatives from Nielsen Sports, the premier provider of analytics and insights within the sports industry, and KPMG, a professional firm providing audit ...
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Rethinking its identity will help Australia gain correct understanding of China's rise

Australia has been the world's second-largest recipient of Chinese investment since 2007, a report by KPMG and the University of Sydney showed last year. Fears of increased Chinese influence have led Australia to tighten restrictions on Chinese entities buying electricity infrastructure and other assets.
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Go the extra mile at SAS® Global Forum 2018, April 8-11 in Denver

Among the organizations presenting at SAS Global Forum 2018 are 3M, Advance Auto Parts, Allianz, Anthem, BMO, Barclays, Boehringer Ingelheim, Charles Schwab, Cisco, Comcast, Dell, Deloitte, HSBC, HSN, Intel, Johnson & Johnson, KPMG, Kaiser Permanente, Kellogg's, Levi Strauss, Meijer, Merck ...
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Surgent Appoints Former KPMG Recruiter to Grow Presence in Southeast Region

Elizabeth Kolar, Executive Vice President of Surgent CPA Review, explained: "Ray Ruiz has extensive and proven skills in talent acquisition, business development, and networking. From his time at KPMG, he deeply understands the mindset of both accounting firm leaders and new associates who are ...
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EU migrants say UK employers have been 'very poor' on Brexit support

Denise Osterwald, who manages the immigration advisory team at KPMG UK, told People Management that her business offered EU workers regular Q&A sessions and help with applying for permanent residency. “Some companies are reluctant to say anything because the facts aren't certain at this ...
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32 adult learning projects share £11.7 million fund

“National Numeracy will work with six partners including the John Lewis Partnership, Civil Service Learning and KPMG to deliver basic numeracy skills via an online delivery method either with employers or through direct digital engagement with learners. The project will be aimed at those in work who ...
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The Nkonki Pact Part 2: Eskom's new billion-rand consulting deal for Essa & Co

Panel A would be the big firms like PwC, McKinsey and KPMG, while panel B would be made up of smaller local firms. Each firm signed an enabling contract with Eskom but would still have to bid for specific projects. The hourly fees in the enabling contract of between R550 and R2 836 were slightly ...
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Maybe Chicago Doesn't Need Amazon's HQ2

I hope Pangea is on that trajectory." Thukral may be onto something. A recent report by professional services giant KPMG asked more than 800 global technology leaders for their opinion of what cities would be recognized as a leading global tech innovation hub over the next four years. The top ten:.
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State lines up 207 witnesses for Zuma trial

Other witnesses on the list attached to the summons include bank representatives, SAPS members, officials from the department of minerals, as well as audit firm KPMG. Others on the list are: late president Nelson Mandela's former lawyer Ishmail Ayoob; Richard Young, who lost out on the arms deal ...
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Lastline Adds Veteran CFO, Ananth Avva, to Seasoned Management Team

He carries a strong customer-facing bias, with success in both domestic and international arenas. Prior to joining Lastline he served as COO and CFO for work management software provider, Wrike. Previously he held senior positions at LiveOps, Google, Voyant Advisors, and KPMG. Mr. Avva also ...
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People – SD Worx, Monster, Quess Corp

Mark is joining SD Worx from Tata Consultancy Services, where he was Head of Business Process Services in Switzerland. He previously held positions with the insurer Allianz and consultancy firm KPMG. Dr. Mark will be a member of the SD Worx Group Executive Committee and report directly to CEO ...
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Zuma trial: State releases names of 207 witnesses testifying, Shaik not listed

While Zuma's so-called “fall guy” in the arms deal, Schabir Shaik is not on the list to testify currently, representatives from KPMG and SARS are on the list. Another noteworthy witness is City of Cape Town Executive Mayor, Patricia De Lille. You can read the full list of witnesses below. BREAKING: State ...
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Goalz Restaurant Group names CFO

He was previously senior tax manager for KPMG LLP, where he managed finances for technology and emerging growth companies. "With Steve's impressive portfolio of financial expertise across a variety of industries and clients, we are certain he will play a vital role in our organization's overall success ...
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Jigsaw strikes a sale deal

Jigsaw's founder and controlling shareholder John Robinson hired KPMG last year to explore options for the retailer's future. The news comes after Drapers revealed that former CEO Peter Ruis left the business, with Jigsaw chairman Charles Atterton returning to an executive role as Jigsaw's executive ...
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Grant Thornton opts out of FTSE 350 audit bids

FRC chief executive Stephen Haddrill called for an investigation into whether KPMG, Deloitte, PwC and EY should have to spin off their UK audit arms into separate businesses, with the aim of increasing competition and eliminating conflicts of interest arising from the dominance of the quartet.
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China Auto Exec on Self-Driving Cars: 'You Can't Just Put Some Sensors on Top'

China now has 93 pilot projects involving self-driving cars and shared-driving services nationwide, according to KPMG LLP. Some auto industry leaders warn that developers may be moving too quickly to testing on public roads. “It has to be based on solid research—you can't just put some sensors on ...
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Jigsaw seals £20m rescue deal with Carphone Warehouse founder David Ross

The company grabbed headlines in October when it hired KPMG to assess offers for the business, including the sale of a stake. The news prompted from Aurelius Advisers, Office parent company Truworths, South African fashion group Foschini – which already runs British fashion retailers Hobbs, Phase ...
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Surgent Appoints Former KPMG Recruiter to Grow Presence in Southeast Region

Elizabeth Kolar, Executive Vice President of Surgent CPA Review, explained: “Ray Ruiz has extensive and proven skills in talent acquisition, business development, and networking. From his time at KPMG, he deeply understands the mindset of both accounting firm leaders and new associates who are ...
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UK car output down 4.4% in February

Justin Benson, Head of Automotive at KPMG in the UK, also picked up on the opportunity for export growth. "For manufacturers there is opportunity in the numbers," he said. "Exports remain robust at historically high levels. Some 80% of vehicles made in UK are exported, and with strong overseas ...
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Has private equity learnt its crisis lesson?

In December 2008 what would have been the world's largest ever leveraged buyout collapsed. Auditor KPMG was unable to declare that Canadian communications company BCE would meet solvency tests after its planned privatisation. A consortium led by the Ontario Teachers' Pension Plan pulled out ...
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Worth Coworking, LLC welcomes Karen Pierre as Director of Sales for Serendipity Labs Dallas ...

Serendipity Labs Dallas HALL Arts is located inside KPMG Plaza at HALL Arts (1st / 17th floors). This sales role will allow Karen to focus her efforts in Dallas, draw from all her previous sales experience and tap into her vast network to recruit enterprise-class corporate memberships. Our new event space ...
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Northants to 'effectively exhaust' reserves to balance budget

Auditors KPMG warned the council on 20 February that its budget proposal was “unlawful” as the forecast income was overly reliant on the sale of public land. The council said it plans to plug its existing forecast overspend of £16.7m with total reserves of £16.9m which had been “set aside for capital ...
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Opening Quote: Conviviality's party is over, Nex's just starting

But at accountants Grant Thornton, it will be rather thinner fare from now on: the firm has decided to stop bidding for audit contracts from Britain's largest listed companies, after concluding it is too difficult to compete with the “big four” of Deloitte, EY, KPMG and PwC. It is not exactly good news for them ...
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Chinese e-commerce giant JD.com to list overseas apartments

... are expected to “encourage prudent and well considered future outbound investments by Chinese businesses,” especially if it is linked to China's political objectives like the Belt and Road programme and advanced technology, KPMG said. Chinese regulators have also revived a programme allowing ...
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Club records crash down at Island Championships

Club records crash down at Island Championships. Sport | Published: Less than an hour ago. THE KPMG Island Age Group Swimming Championships produced another bundle of club records and personal best times – but no Island records. shares ...
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Wednesday, March 28, 2018

Westport Country Playhouse Presents HOW I BECAME A PIRATE

"Story Explorers" Corporate Sponsor is KPMG. The Playhouse's six-show Family Festivities Series is presented on selected Sundays from December through May, featuring musical productions based on classic and contemporary children's stories. The final Family Festivities musical of the 2017-2018 ...
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Wendling elected new Chamber president

Lorna Wendling of Deloitte is the president, Bill Quinn of NuStride Executive Coaching is the vice president of finance, Frankie Albano of TBJ LLP is a vice president, Peter Sia of Northland Nissan and Hyundai is a vice president and Corey Naphtali of KPMG is past president. article continues below ...
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Bitcoin & taxes: What's the story?

The four largest accounting firms on the planet — Deloitte, Ernst & Young, PricewaterhouseCoopers, and KPMG — are all starting to get their hands on it. In fact, Maryville University recently described blockchain as “the future of accounting!” From experts to religious doomsday preppers, there are even ...
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Shanghai Shines Again As A Future Top Tech Hub While New York Edges Up As Rival to Silicon ...

The KPMG survey of nearly 800 technology industry executives finds that more than one-third believe the U.S. is the most promising market for tech breakthroughs. That's a big jump from the prior survey when 26 percent named the U.S. as tops. China retains a spot in second place, with 26 percent of the ...
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KPMG report: Toronto ranks among the fastest-growing global technology innovation hubs

According to KPMG's Global Innovation Report, Toronto is set up to be one of the world's leading technology innovation hubs over the next four years. Being released in two parts, the annual report is based on the views of 767 business executives globally from companies, venture capital firms, and other ...
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Expert: Corporate Tax 'Is A Five-Year Project'

#A KPMG tax expert yesterday warned that a Bahamian corporate tax is "a five-year project", adding: "You can't rush it in nine months." #John Riva, head of tax for the accounting firm's 'Islands Group', told local financial services executives that the introduction of such taxation needed to be bound to "a ...
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Corporate Taxation Won'T 'Put Two Fingers Up To Eu'

#The Bahamas does not need corporate taxation to escape its latest 'blacklisting', a KPMG tax expert yesterday saying: “That won't put two fingers up to the EU.” #John Riva, head of tax for the accounting firm's 'Islands Group', told a seminar that the Bahamas needed to separate its immediate response ...
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Toronto ranks among the fastest-growing global technology innovation hubs

TORONTO, March 28, 2018 /CNW/ - Toronto is poised to break out as one of the world's leading technology innovation hubs over the next four years, according to an annual survey of global tech industry leaders in KPMG International's latest Global Technology Innovation report. "Toronto has been ...
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Goalz Restaurant Group Names New CFO and Partner

Prior to founding his firm, Piascik served as a senior tax manager for international accounting firm KPMG LLP, where he managed finances for technology and emerging growth companies. Piascik earned a bachelor's in business administration from Bloomsburg University and a master's in taxation from ...
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Tim Storer insists he won't horse-trade, but flags boost to Newstart as top goal

There are groups such as the Business Council of Australia, as well as KPMG and the Australian Council of Social Service and economists like Chris Richardson who have all made calls to link it with wages and increase it.” Storer said the Turnbull government's standard response to arguments that the ...
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IBM Canada's channel partners are driving innovation, says director of business partners in Canada

While they fly under the radar compared to other IBM Canada partners, Cindy Taylor, director, strategic alliances for KPMG in Canada, says they're one of IBM Canada's top partners and rely on them frequently. “We focus on really working with them around business transformation issues where we bring ...
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UK a world leader when it comes to tech innovation

KPMG's 2018 Global Technology Innovation Report surveyed almost 800 global business executives to reveal the world's top technology innovation hubs. Of those surveyed, 19 per cent named the UK as the third most promising market for tech breakthroughs behind China at 26 per cent and the US at ...
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Dubai Financial Market - Endorsement Of 5% Cash Dividend Equivalent To AED 400 Million: DFM ...

The shareholders also discharged members of the Board of Directors and the External Auditors from their liabilities for the fiscal year ending 31 December 2017 and appointed KPMG as the external auditors for the fiscal year 2018 as well as determined their fees. During the meeting, the Fatwa and ...
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Goalz Restaurant Group Names Steve Piascik As Partner And Chief Financial Officer

Prior to founding his firm, Steve served as a senior tax manager for international accounting firm KPMG LLP, where he managed finances for technology and emerging growth companies. Piascik earned a bachelor's in business administration from Bloomsburg University and a master's in taxation from ...
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Charter Hall back InSpaceXR, BricksandAgent.com, Snaploader, Estate Baron

Collective Campus CEO Steve Glaveski said the incubator program would get the start-ups to the point where they were either ready for funding or for Charter Hall to tap into the technology. "Proptech is growing quickly around the world," Mr Glaveski said. " A recent KPMG report forecast it to reach ...
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UAE banks to continue profitability trend in 2018, KPMG says

UAE's top banks, which boosted profitability in 2017, are likely to continue this trend this year, with digitisation and downsizing trumping costs of the 5 per cent VAT introduced this year and new accounting standards, according to the accountants KPMG. UAE banks eked out profits last year amid signs of ...
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UK lagging behind China and US in terms of innovation, research reveals

The results were published as part of KPMG's 2018 Global Technology Innovation Report, which surveyed approximately 800 technology industry leaders across the globe for their opinion, and around a fifth (19%) of them named the UK as the third top market, behind China at 26%, and the US at 39%, ...
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2018 World Car Awards: Nissan LEAF - 2018 World Green Car

As electrification, autonomous driving, connectivity and A.I. continue to enhance the industry, World Car is proud to be a part of this amazing journey along with the New York International Auto Show, Prime Research, Bridgestone, Autoneum, KPMG and Newspress – our official media partner.
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Virginia Commonwealth Bank Welcomes Brett Raynor

Prior to that, Mr. Raynor spent three years at Owens & Minor, Inc., where he developed and executed internal audit plans, and over three years at KPMG LLP, where he served in the firm's audit practice. Mr. Raynor is a Certified Public Accountant. He received Bachelor of Science degrees in Accounting ...
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Rio Tinto sales put shareholders in line for big payout

EMR Capital, the resources private investment company headed by Owen Hegarty and former KPMG banker Jason Chang, outlaid $US2.25bn ($2.9bn) for Rio Tinto's 80 per cent stake in the Kestrel mine. EMR, advised by Macquarie, has been steadily building its portfolio of assets using money raised ...
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Water Rates Presentation to Council

At the Council Meeting of March 14th, Council received a presentation by KPMG regarding the Water Rates. The report explained to Council and the gallery that establishing water rates should encompass two important considerations: Fairness; Sustainability. Users should pay for what they receive.
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Technology innovation is set to disrupt banking

Emilio Pera, partner and head of financial services, KPMG Lower Gulf, said banks in the UAE are operating in very dynamic times. "The introduction of new laws and tougher regulations is putting tremendous pressure on banks to re-think their business models. Furthermore, the introduction of VAT has ...
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Toronto set to become world-leading tech hub, says KPMG

“Toronto has been rapidly grabbing the world's attention as a destination for financial and intellectual capital in technology innovation,” says Anuj Madan, National Industry Leader for Technology, Media and Telecommunications at KPMG in Canada. “Only a couple of years ago, Toronto likely didn't come ...
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Technology disruptions, regulatory changes to challenge UAE banks in 2018

Dubai: The UAE's banking sector which reported resilient performance last year is expected to face challenges from rapid technology innovations, new regulations, the impact of value added taxes and the need for strong corporate governance frameworks, according to KPMG. KPMG's third edition of the ...
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DollarDays Announces Jim Jacobs As New Chief Financial Officer

Additionally, he spent nine years at KPMG Peat Marwick, where he focused on retail, manufacturing and distribution audit clients. Jacobs received a Bachelor of Science from the University of Southern California and is a Certified Public Accountant. He currently serves on the advisory boards of Pinnacle ...
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PEXA pushes ahead with $1bn IPO plan

A recent KPMG report found the electronic platform had time savings of at least 60 per cent post exchange compared with a standard conveyancing process. The electronic platform had both financial costs and savings, and also reduced the potential risk of human error but it did not remove the need for ...
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United Petroleum float numbers weren't ready before key meeting: Avi Silver

However, he yesterday told the court that at a meeting at the offices of KPMG before the Freehills meeting, KPMG partner George Svinos told him “KPMG was running late with the cash-flow” figures. Mr Svinos told him the figures could be ready within 24 to 36 hours “and that should not stop us from ...
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Rules are changing for microenterprises: Entrepreneurs could opt to pay profit tax if they fulfill two ...

This measure will boost investments and encourage small companies to expand,” KPMG Fiscal Assistance manager Dragos Doros told Business Review. Last year, the government rose of the threshold up to which a company is considered a microenterprise, from EUR 100,000 up to EUR 500,000, and ...
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Decisions of Cramo Plc's Annual General Meeting of Shareholders

The audit firm KPMG Oy Ab was appointed as Cramo Plc's Auditor for the term ending at the end of the next Annual General Meeting, with APA Mr Toni Aaltonen as the responsible auditor. 2 Authorisation to decide on the acquisition of Company's own shares and/or on the acceptance as pledge of the ...
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Women in Finance: 6-10 revealed!

In 2016 Sarah Willows was appointed CFO and head of operations at KPMG and joined the firm's executive committee. In this role Willows is responsible for managing the finances, the financial strategy and business planning and lead the Information technology, facilities and resourcing teams. Willows ...
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Franz Prinz zu Hohenlohe joins WTS Global

Prinz zu Hohenlohe, one of the most renowned German international tax experts, is leaving his role at KPMG Germany to join Fritz Esterer, CEO of WTS Germany and chairman of WTS Global, on the board. Jointly, the two will be responsible for the management and the strategic development of WTS ...
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Manufacturers are struggling to meet product demand without digitisation

KPMG, the professional services company, recently stated that to grow and remain competitive, manufacturers must release new products at a faster pace and on a larger scale. 90% of manufacturers are worried about consumer loyalty, KPMG suggests, and 78% are concerned about the relevancy of ...
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New technologies set to disrupt UAE banking sector in 2018

As the UAE banking sector comes to terms with new regulations and the implications of VAT, KPMG's third edition of the annual UAE banking perspectives report reveals how technological innovation and strong corporate governance will enable banks to transform into robust financial institutions.
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New technologies set to disrupt UAE banking sector in 2018, KPMG banking perspectives report ...

Dubai: As the UAE banking sector comes to terms with new regulations and the implications of VAT, KPMG's third edition of the annual UAE banking perspectives report reveals how technological innovation and strong corporate governance will enable banks to transform into robust financial institutions.
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SA needs updated skills to produce cars in the future

While the global automotive market gears up for a future of electric and self-driving cars, South Africa still has a long way to go. That was the consensus of a panel of automotive leaders, discussing the future of the industry at KPMG's annual Global Automotive Executive Survey breakfast in Port Elizabeth.
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TalentRISE Recruits CFO for Prism Healthcare Partners

She began her career with KPMG. “Laura had worked in professional services for almost her entire career and had been successful in a $20 million start-up, as well as in a mid-size division of a technology consulting firm,” said Mr. O'Malley. “The majority of her career had been as an accounting leader, ...
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Ukraine sees M&A growth in 2017 – report

"After successive years of decline, 2017 finally saw Ukrainian M&A return to growth, both in terms of deal flow (22%) and the aggregate value of transactions announced (37%)," KPMG said in a new report on M&A activity in Ukraine, which was published at the end of March 2018. "However, deal activity ...
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National Numeracy Day is needed to help improve the UK's maths skills

This is why KPMG is supporting the first National Numeracy Day on 16 May. Working with the charity National Numeracy, KPMG will deploy numeracy toolkits we've developed to 3,000 schools via our partnership with the WE charity. These toolkits will help schools engage students with their careers and ...
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How to jump-start your organization's innovation engine

According to KPMG's latest report, career progression was rated as the number one motivator for innovation, for employees across geographies. Financial incentives and cash ranked second and third on that list. The story also revealed that innovation-focused businesses regularly measure “the value of ...
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Tuesday, March 27, 2018

Casey Elementary celebrates Christmas in spring with massive book donation

JACKSON, Miss (WJTV) - KPMG stepped up in a big way at Casey Elementary with a gift of more than five thousand books. The company mascot Kiffle the Kangaroo presented the gift as part of the 'Read to Achieve' project. Up to 100 Jackson educators received fifty new books to use with their students.
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MB2 Dental Solutions Welcomes Jackson Hildebrand as New Chief Financial Officer

Hildebrand previously served as Finance Director at TPG Capital, overseeing the accounting and financial operations of its legacy buyout funds. He graduated from Texas A&M University with a BBA and MS in Accounting, and began his financial career at KPMG within its government audit practice [in ...
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New York Must Stick to Ending Violence by Committing to Close to Home Program

He has decades of experience in social services work across the public, private and nonprofit sectors. Most recently he was head of KPMG's Human & Social Services Centre of Excellence. He served as acting assistant secretary and principal deputy assistant secretary for the Administration for Children ...
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