Accountants tally Brexit effect in financial statements

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Accountants tally Brexit effect in financial statements

Market uncertainty could lead to reduced consumer spending, Paul says, so that could affect the effectiveness of the company's hedge accounting.
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Praxair, Inc. and Linde AG Terminate Preliminary Talks about a Potential Merger

DANBURY, Conn.–(BUSINESS WIRE)–Praxair, Inc. (NYSE:PX) today confirmed that its preliminary discussions with Linde AG regarding a potential merger (see Praxair press release of August 16, 2016) have terminated.
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Rise of the accountants: PwC's legal arm posts 24% revenue jump to £59.9m

Led by senior partner Shirley Brookes, the legal arm of the accounting giant has also posted net income of £11m. Of the total revenue, £56m of that is
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'unrealistic' budget to meet IMF pact – Bloomberg

The Ukrainian Cabinet needs to cut spending to get the 2016 budget back in line with the requirements of the country's international lenders,
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Aussie stocks cop $30bn hit

THE Australian share market has fallen heavily amid increased expectations of a rate rise in the US. The benchmark ASX 200 index was down 2.3 per cent early this afternoon, wiping $35 billion off the value of the nation's leading companies.
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