The trade secretary will warn finance directors of top UK companies at a gathering of the 100 Club that the US is likely to ‘repent at leisure’ over some of the measures.
She will also criticise American lawmakers over their failure to consult other countries or consider the impact the legislation will have on UK companies that have stock exchange listings in the US and on foreign audit firms.
The government is seeking to gain exemptions for UK firms already complying with national corporate governance standards to avoid extra cost being forced onto them.
Mazars has announced the appointment of Michael Tripp as the new head of financial services
A new leader, Darra Singh has been appointed to lead EY’s UK government and public sector practice
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com