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US Accounting Firms Turn to India as CPA Shortage Worsens

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The accountant shortage is being acutely felt throughout the market,” the National Talent Advisory Group study found, adding that several businesses such as toymaker Mattel reported a delay to annual reports and other key filings due to the shortage. Smith School of Business.

Finance 213
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China Orders Pay Cap At State-Owned Financial Firms, Risking Attrition To Private Sector

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The most sweeping wage reduction exercise in the $67 trillion finance sector will begin as early as next month though staff are yet to be informed of reasons, the people said. Some senior executives at subsidiaries currently earn as much as 5 million yuan, stock exchange filings showed.

Salary 264
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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

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It can also make things more complicated when it comes to filing taxes. Keep reading for tips for how to do taxes as a freelancer and make filing this year a little easier. This way, you can label or tag a file or email, making searching for a specific transaction or dollar amount easier. There are multiple tax tips out there.

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DevX Files for IPO, Aiming To Expand As India Flex Space Demand Skyrockets

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As India’s IPO landscape continues to flourish, Ahmedabad-based coworking space provider DevX (Dev Accelerator Ltd) has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The coworking sector in India is seeing a strong growth period amid surging demand for flex spaces. crore in FY23.

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WeWork’s Controversial Ex-CEO Adam Neumann Seeks Redemption with $500M+ Buyback Offer

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The development comes at a time when WeWork faces numerous challenges related to its Chapter 11 bankruptcy filing, filed in November 2023. However, a report published by CNBC suggests Dan Loeb’s Third Point was not involved in the offer.

Filing 279
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WeWork’s Bankruptcy Battle Takes New Turn with Legal Action Against SoftBank

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According to a report published by The Wall Street Journal , the struggling coworking giant’s junior creditors committee is seeking court approval to sue SoftBank, WeWork’s largest shareholder, amidst allegations of financial maneuvering ahead of WeWork’s bankruptcy filing. billion in new secured debt.

Legal 262
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WeWork’s Ousted Founder Hopes to Buy it Back

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It’s reported that Neumann and his latest venture, Flow Global , have expressed ongoing interest in buying WeWork, or its assets, in a potential bid to provide the much-needed financing to keep WeWork afloat. Neumann’s attorney, Alex Spiro claims WeWork has been ignoring attempts from Neumann to get further information.