Big Four firm PricewaterhouseCoopers has cut its workforce in Canada by 2% as sustained high interest rates push that nation's economy toward a recession.
A spokeswoman for PwC confirmed the reduction,
The Canadian economy looks to have entered a technical recession this year as the Bank of Canada holds interest rates at multi-decade highs to combat inflation.
Preliminary data
QX Accounting Services is bringing together figures from across the accounting, M&A advisory, consulting and technology innovation sectors.
The Internal Revenue Service fact sheet answers questions about the impact of the One Big Beautiful Bill Act on the processing of Employee Retention Credits.
The proposed regulations will provide a rule for determining the source of borrow fees paid in securities-lending transactions and sale-repurchase transactions.
New AI-powered features for client collaboration and audit engagements are available in CCH Axcess.
The Top 75 Firm opened Mary Street Capital, an investment bank affiliate, to expand its advisory capabilities and serve family- and founder-owned middle-market businesses.
RSM US and RSM UK partners approved a new transatlantic partnership structure in a nearly unanimous vote, effective Jan. 1, 2026.
