Pittsburgh Accounting and CPA News


Pittsburgh, PA Accountants - Pittsburgh Accounting and CPA News.

SEC Charges Foreign Affiliates of KPMG, Deloitte, and BDO

Lapses in global oversight by large auditing firms were highlighted once again on Tuesday, when the Securities and Exchange Commission charged foreign affiliates of three firms with being involved in audits that circumvented the full oversight of the Public Company Accounting Oversight Board . Charged in the investigation were the the Zimbabwe affiliates of Deloitte & Touche and KPMG as well as KPMG's affiliate in South Africa and BDO's Canadian affiliate.

Oil production to contribute 2% growth to Nigeria's GDP in 2018 - PWC

PricewaterhouseCoopers, PwC, Nigeria said that Nigeria's real Gross Domestic Product, GDP, will grow at 2.0 per cent year-on-year in 2018, propelled by oil production increase and government spending. The multinational professional services firm in its latest economic report said significantly higher oil sector growth in the first quarter of 2018 due to base effects is expected.

PRGX Global Inc (PRGX) SVP Victor A. Allums Sells 18,000 Shares

PRGX Global Inc SVP Victor A. Allums sold 18,000 shares of the stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $8.49, for a total value of $152,820.00.

PRGX Global Inc. announces appointment of new vice president

Cumberland-based PRGX Global Inc. announced that Doug Halka has been named vice president and general manager - commercial, responsible for driving new business development and expanding existing client relationships in the commercial recovery audit business.

JSE IPOs surged by 178% in 2017

The capital raised last year from initial public offerings by companies on the JSE surged 178 percent in dollar terms compared to 2016, driven in the main by the listings of Steinhoff Africa Retail , African Rainbow Capital Investment and by Ayo Technology. This is according to a study conducted by PriceWaterhouseCoopers .

Research Analysts' Updated EPS Estimates for March, 11th (AVGO, ...

The analysts wrote, "We rate AVGO Buy and reiterate our $340 price target into the January quarter print on March 15th which we expect to be in-line. CFIUS involvement and the political climate in Washington do not bode well for the Qualcomm deal but Broadcom wins regardless.

H & R Block (HRB) Stock Rating Lowered by ValuEngine

A number of other research analysts have also commented on the stock. Zacks Investment Research lowered shares of H & R Block from a "hold" rating to a "sell" rating in a research note on Friday, December 8th.

H & R Block Inc (HRB) Shares Bought by Jefferies Group LLC

Jefferies Group LLC raised its holdings in H & R Block Inc by 68.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 161,388 shares of the company's stock after purchasing an additional 65,588 shares during the quarter.

PRGX Global, Inc. Announces Appointment of New Vice President & GM - Commercial

PRGX Global, Inc. , a global leader in Recovery Audit and Spend Analytics services, today announced that Doug Halka has been named Vice President and GM - Commercial, responsible for driving new business development and expanding existing client relationships in the Commercial Recovery Audit business. Prior to joining the Company, Mr. Halka served as Managing Director, Operations, for Accenture plc, responsible for growing client relationships across the Southeast region.

LSU to induct two into its business hall of distinction

Claire L. Cagnolatti and Maurice J. "Skip" Robichaux III will be inducted into the LSU E.J. Ourso College of Business Hall of Distinction at a banquet taking place on March 16. Cagnolatti is vice president of chemicals for HSB Solomon Associations LLC, a performance improvement consulting firm in Dallas. Robichaux is a partner with KPMG LLP.

PRGX Global (PRGX) Upgraded to "B+" by TheStreet

A number of other equities research analysts have also weighed in on the stock. Zacks Investment Research lowered shares of PRGX Global from a hold rating to a sell rating in a report on Wednesday, February 14th.

H&R Block Tax Pro Go is assisted tax prep - " minus the trip to the tax office

With the innovative new H&R Block Tax Pro Go? experience, H&R Block clients can do what they want, while at the same time getting their taxes done by a tax professional. H&R Block Tax Pro Go? is an assisted tax preparation experience, which means an H&R Block-certified tax professional will prepare a client's tax return, then sign and submit it to the IRS after it has been approved by the client all without the client stepping foot in a tax office.

Companies must do more to regain public trust after breaches: PwC

Companies and C-suite executives need to do more to regain public trust in light of massive data breaches, according to a PricewaterhouseCoopers study released Wednesday. PricewaterhouseCoopers said its 2018 Global State of Information Security Survey found that many organizations around the world are not doing all they can to protect privacy.

Maplin head office jobs cut as administrators fail to find a buyer

Sixty-three head office jobs at Maplin have been axed just over a week after the electronics retailer collapsed into the hands of the administrators. Accounting giant PricewaterhouseCoopers warned they have yet to find a buyer for the stricken retailer, meaning more staff - and parts of the branch network - could face the chop.

Market Movers Today: Spectrum Pharmaceuticals, Inc. (SPPI), Autodesk, ...

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Top 5 Reasons For Life Sciences Companies To Use International...

Arbitration continues gaining popularity for resolution of cross-border disputes. A 2013 PricewaterhouseCoopers survey shows that 52% of the respondents preferred international arbitration to court litigation and mediation.

Lone Woman in the Boardroom: U.S. Womena s Representation in Senior Business Roles Retreats

Percentage of U.S. businesses with no women in leadership roles down-but proportion of senior roles held by women overall decreased )--To coincide with International Women's Day on March 8, a new report based on Grant Thornton International Ltd.'s quarterly survey of 2,500 mid-market businesses in 35 economies reveals little progress of women in senior leadership roles in the United States. The report, Women in Business 2018: beyond policy to progress , reveals a 12 percent decrease in American companies without any women in senior management.

3 Stocks Move Wednesday

In Wednesday trading, H&R Block, Inc. gained ground after the company reported its financial results for the thirdquarter, in which it posted a narrower than expected loss in the trimester. The company posted a loss of $1.16 per share on revenue of $488.43 million, which was higher than the figure reported a year earlier by 8.1%.

Swiss National Bank Buys 7,700 Shares of Brookdale Senior Living, Inc.

Swiss National Bank raised its stake in shares of Brookdale Senior Living, Inc. by 2.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 313,939 shares of the company's stock after buying an additional 7,700 shares during the period.

Amundi Pioneer Asset Management Inc. Purchases New Holdings in H & R Block Inc

Amundi Pioneer Asset Management Inc. purchased a new stake in H & R Block Inc during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 4,051,627 shares of the company's stock, valued at approximately $106,233,000.