United States: New Chair And Board Member Sworn In At PCAOB

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United States: New Chair And Board Member Sworn In At PCAOB

Two new members of the Public Company Accounting Oversight Board (“PCAOB”) were sworn in after being appointed by the SEC on December 12, 2017. William A. Duhnke III will serve as PCAOB Chair and Kathleen M. Hamm will serve as a Board Member. Mr. Duhnke most recently served as
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Berlusconi or Five Star? Italy Loses Either Way, Minister Says

Carlo Calenda, a former manager for Ferrari who is a member of Prime Minister Paolo Gentiloni's center-left government without holding a parliamentary seat, issued his warning in an interview with Bloomberg Television eight weeks out from elections that polls suggest will yield no clear winner.
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MarksNelson Takes Bold, Innovative Step of Adding Technology Company Blue Ocean Consulting

KANSAS CITY, Mo., Jan. 9, 2018 /PRNewswire/ — As MarksNelson enters its 50th year, the nation's 17th fastest-growing accounting firm is taking the bold, innovative step of adding technology company Blue Ocean Consulting (BOC). Breaking new ground by combining an accounting firm with a
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AZZ, Inc. (AZZ) to Review Accounting Methodology Resulting in Delay of Form 10-Q, Updates …

As disclosed in the Company's 2017 Annual Report on Form 10-K, revenue was historically recognized for the Energy Segment upon transfer of title and risk to customers or based upon the percentage of completion method of accounting for electrical products built to customer specifications.
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China Changes the Way It Manages Yuan After Currency's Jump

In an email to Bloomberg News, the PBOC said that it's up to the banks that contribute to the fixing to handle their own calculations. Lenders look to fundamentals when determining adjustments to the components that make up the factor, the central bank said. The factor counteracts sentiment-driven
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