Priya PatelLet’s see what’s in the news today.
M&A Professionals See an Increase in Deal Volume Coming
Despite high interest rates, M&A professionals say several factors are leading to their predictions of stronger deal activity in the later stages of this year.
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PwC to lay off 2.5% of US workforce; Houston market impact unclear
PwC has grown its local workforce by about 20% over the past eight years but is now planning cuts companywide.
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IRS and Treasury propose guidance on CAMT
The Internal Revenue Service and the Treasury Department issued proposed regulations Thursday offering guidance on the Corporate Alternative Minimum Tax.
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AICPA, NASBA propose a new pathway to CPA licensure
The CPA Competency-Based Experience Pathway offers an additional option for CPA candidates. Comments on the proposal are being accepted through Dec. 6.
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Audit Quality Flatlines in Industry Look at Smaller UK Companies
The quality of audits performed on smaller, more lightly regulated UK companies remained steady over the past year, a leading accounting professional body said in a report issued Thursday.
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