Wipro Limited: Results for the quarter and year ended March 31, 2017 under IFRS – The Wall Street Transcript

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The Indian Express

Wipro Limited: Results for the quarter and year ended March 31, 2017 under IFRS
The Wall Street Transcript
Bangalore, India and East Brunswick, New Jersey, USA – April 25, 2017 — Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) today announced financial results under International Financial Reporting Standards (IFRS) for its fourth quarter and year …
Wipro 2016-17 net declines 4.7%, board approves 1:1 bonusTelangana Today

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April 26, 2017 at 09:16AM

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After audit, DePasquale calls UC accounting problems “stunning … – witf.org

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witf.org

After audit, DePasquale calls UC accounting problems “stunning …
witf.org
The Senate has so far delayed action on forming a long-term plan to deal with unemployment compensation funding, but indicated they’d move forward after …

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April 26, 2017 at 09:10AM

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Audit rips accounting in Pennsylvania jobless benefit system – Madison.com

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Madison.com

Audit rips accounting in Pennsylvania jobless benefit system
Madison.com
HARRISBURG, Pa. (AP) — State auditors said Tuesday that sloppy record keeping made it impossible to determine if the Pennsylvania Department of Labor and Industry properly spent millions of dollars in recent years on an unemployment compensation …
Auditor finds ‘major’ accounting, oversight problems in state’s …WGAL Lancaster
Audit finds accounting problems in fund for jobless benefits systemABC27

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April 26, 2017 at 09:10AM

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Ex-official admits stealing $40K from volunteer fire company – The Mercury

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Ex-official admits stealing $40K from volunteer fire company
The Mercury
Instead of having the D.A.’s Office spend literally hundreds of hours re-investigating the case after exculpatory documents were found on the eve of trial last year, there should have been a forensic accounting audit done of the company’s books before

April 26, 2017 at 07:27AM

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from Google Inc.

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Ternium Announces First Quarter 2017 Results – BOE Report (press release)

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Ternium Announces First Quarter 2017 Results
BOE Report (press release)
The financial and operational information contained in this press release is based on Ternium S.A.’s operational data and consolidated financial statements prepared in accordance with International Financial Reporting Standards (IFRS) and presented in …

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April 26, 2017 at 07:14AM

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PwC report highlights growing pressure on listed lenders’ profit growth

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China’s listed banks’ net profits continued to grow in 2016, but they will face increasing pressure to maintain this growth, according to a report issued by PricewaterhouseCoopers on Monday. The report analyzed the 2016 annual reports of 27 A-share and H-share listed lendersi1 4 six large commercial banks, seven joint-stock commercial banks, nine city commercial banks and five rural commercial banks.

April 26, 2017 at 07:09AM

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Does the PCAOB international inspection program improve audit quality for non-US-listed foreign clients?

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Publication date: Available online 25 April 2017
Source:Journal of Accounting and Economics
Author(s): Simon Yu Kit Fung, K.K. Raman, Xindong (Kevin) Zhu
We examine whether the Public Company Accounting Oversight Board (PCAOB) international inspection program improves audit quality for a sample of non-US-listed foreign public client companies from 55 countries audited by foreign (i.e., non-US) auditors. For a sample of non-US-listed clients of PCAOB-registered foreign auditors, we find that initial PCAOB inspections improve audit quality, over and above the threat of such inspections, for foreign auditors’ non-US-listed foreign clients. Our findings document the benefits of PCAOB international inspections for foreign investors in non-US-listed foreign companies which could increase the acceptability of the PCAOB international inspection program abroad.

April 26, 2017 at 07:07AM

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