The U.S. Public Company Accounting Oversight Board fined three Chinese firms and four people affiliated with them $7.9 million Thursday for allegedly violating U.S. securities laws and other misconduct.

“Despite recent increases, homicides remain a rare event in Canada, accounting for less than 0.2 per cent of ... An Ipsos poll conducted exclusively for Global News in February suggested 58 per cent of Canadians believe there has been more violence ...

While the financial statements were done in accordance with generally accepted accounting principles for the public sector, Lanthier attributed the delay mainly to staff turnover and difficulties in implementing new accounting standards.

Staff at F.H. Black & Company Chartered Professional Accountants Inc. will sleep overnight on the street as part of the 12-hour “Cold Nights, Warm Hearts” Sleep Out fundraiser in the back alley beside Pan Am Place, 88 Arthur Street. The Sleep Out runs from Wednesday at 8 p.m. to Thursday at 8 a.m.

PwC cuts 2% of Canadian workforce as economy slows. PricewaterhouseCoopers International Ltd., the global accounting firm, has cut its workforce in Canada by two per cen

The Canadian layoffs follow a global trend at the Big Four accounting firms. Both PwC UK and PwC Australia announced layoffs earlier this month. PwC UK faced some criticism over its decision “to cut up to 600 jobs rather than cut partner pay amid a slowdown in client demand,