Accounting updates: May 2019

Accounting updates: May 2019

In this month's accounting updates, the PRA calls for greater climate change risk reporting while the IASB says it will not move into sustainability
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$823M Toronto Union Station revitalization, expansion project on track to finish in 2020

For commuters who travel through Toronto’s Union Station, construction has been a challenging reality for the past nine years — but officials say the $823-million revitalization and expansion project is on track to be fully completed by the end of September …
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Titanic Quarter new hotel plans announced

Plans have been announced to build a third hotel in Belfast’s Titanic Quarter. Developer JMK Group is proposing a 280-room hotel at a site on Hamilton Dock, next to the Titanic Belfast visitor attraction. JMK has developed a number of hotels in Dublin in …
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Next benefits from warm Easter with 4.5 percent first-quarter sales rise

LONDON (Reuters) – Clothing chain Next on Wednesday said warm weather over the Easter holiday drove a 4.5 percent rise in full-price first-quarter sales, beating its own forecasts of a 3.2 percent rise. Next, which trades from more than 500 stores in Britain …
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Cryptocurrency thefts, scams, and fraud top $1.2 billion in Q1

Cryptocurrency thefts, scams, and fraud seem like they’re subsiding as the technology goes mainstream, right? Wrong. Crypto criminals and fraudsters stole more than $1.2 billion in the first quarter of 2019, according to a report by cryptocurrency security firm …
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