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October 3, 2012
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  Top Stories 
  • Developed markets are important sources of growth, survey finds
    Companies shouldn't ignore growth prospects in developed nations, according to a Grant Thornton International report. The Global Dynamism Index, which measures a market's potential for businesses to flourish, ranked Singapore as the top market, while developed economies in North America, Europe and Oceania took 13 of the top 20 spots. CGMA Magazine (10/2) LinkedInFacebookTwitterEmail this Story
  • M&A activity declines to lowest level since 2009
    Global mergers and acquisitions declined as companies announced $446 billion of deals since June 30, which is the smallest amount since 2009's third quarter, according to a Bloomberg analysis. "Executives have the cash, but they don't have the conviction," said Andrew Bednar, head of advisory at investment bank Perella Weinberg Partners. Bloomberg (9/27) LinkedInFacebookTwitterEmail this Story
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  Americas 
  • U.S. banks are hit with massive and intensifying cyber-attacks
    Escalating cyber-attacks have overpowered some of the most sophisticated computer defenses of U.S. banks, cybersecurity specialists said. The attacks, which originate outside the U.S., have been the subject of several closed-door meetings at the White House, said a security expert helping to trace the attacks. Bloomberg (9/27) LinkedInFacebookTwitterEmail this Story
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  Asia 
  • Indian economy still needs fundamental reform
      
    India enjoys political freedom, but its economic vision has not been fulfilled yet, according to The Economist. Much of the problem is that leaders have shied from pushing necessary governance reform to curb crony capitalism. The Economist (9/29) LinkedInFacebookTwitterEmail this Story

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  AICPA News 
  • Understanding differences between U.S. and international accounting
    Organizations that participate in the global economy need to know how international accounting rules might affect their balance sheets and operations. From financial statements to the treatment of leases, the AICPA's U.S. and International Accounting: Understanding the Differences provides clear and simple examples of key differences between U.S. and international accounting standards. LinkedInFacebookTwitterEmail this Story
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