KPMG has announced the cancellation of job offers to some foreign graduates in the United Kingdom (UK). KPMG took this step following the decision of the UK government to tighten visa rules for overseas workers in a bid to cut record immigration. The Financial Times reports that one of the UK’s biggest graduate employers, the…

A partner at Deloitte, Bolanle Onawumi, has urged greater adherence to international accounting standards and local regulations by public and private entities in the preparation of their financial statements. While cautioning against misconceptions about audits, she stated that government and private organisations engage independent external auditors to inspire confidence in their earnings reports. Onawumi submitted: “The…

Experts drawn from different sectors of the economy have expressed concern over the rapid demise of Micro, Small and Medium-sized Enterprises (MSMEs), adding that major challenges in the country’s business environment have prevented many small businesses from hitting the five-year mark.