KPMG
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KPMG: Proposed EU Audit Reforms Could Increase Business Costs, Reduce Audit Quality
The proposed audit reforms put forward by the European Commission could significantly disrupt the audit market, reduce quality and generate additional costs for business, believes Michael An...
KPMG, Tuca Zbarcea&Asociatii Will Advise In Posta Romana Sale
The consortium made of KPMG Romania and law firm Tuca Zbarcea&Asociatii won the bid for providing consultancy services in the sale of national postal operator Posta Romana, sources in Commun...
KPMG: Romania’s EU Fund Absorption Rate Alarming
Romania’s European fund absorption rate is alarming as the country has contracted a little over 60% of the sum allotted by the EU for the 2007-2013 interval and refunded less than 15% to ben...
KPMG: Consumer Adoption Of New Technologies Continues To Grow
Consumers are increasingly often using their personal computer, phone or tablet to find gifts or discounts and make payments, says a study by KPMG International, which found that 73% of Roma...
KPMG: Banking System Might See Consolidation
A consolidation of the banking system might occur where the market position and investment level no longer justify the presence of a bank in Romania or if they fail to find certain niches, b...
KPMG: Romanian Banks To Face Challenges Beyond IFRS Adoption Date
The challenges faced by Romanian banks in adopting the international accounting laws will not stop with the adoption date on January 1, because the international norms are subject to continu...
KPMG: Romania Property Lending To Remain Prudent
The Romanian real estate market is still in a relative state of stagnation and lending in the sector is unlikely to pick up any time soon, due to the high level of non-performing loans, a su...
KPMG: Romania Among States With Highest Social Contribution Rates
Romania ranks among the countries with the highest level of combined employer/employee social contributions on $100,000 of gross income, placing it 18th among 87 states surveyed in the categ...
Former PwC Audit Manager Becomes CFO Of Edy Carrier
Anca Megan, 33, became one of the youngest chief financial officers (CFO) of a Romanian company as of July 1, after being recruited for this position by edy Group, a transport carrier with a...