Keep up to date with the latest accountancy and finance news in our weekly round-up…

 

Hong Kong enters first recession in a decade

The territory has been gripped by pro-democracy protest for months, and the effect of tourists staying away has begun to show.

City firms must do more to tackle sexual harassment, says FCA executive

A top executive at the City watchdog has said there are still too many incidents of sexual harassment happening inside financial sector companies.

Amazon begins appeal over Pentagon cloud contract

Amazon has filed an intention to appeal the US Department of Defense’s decision to give a major contract to Microsoft.

Steinhoff swaps auditors to Mazars after accounting problems

South African retail giant Steinhoff international, which owns Poundland in the UK, has hired Mazars Netherlands as auditor, replacing Deloitte.

Halfords accounts change puts KPMG in spotlight

A £12m writedown by Halfords has brought fresh scrutiny of the record of Peter Meehan, the KPMG partner who audited collapsed government outsourcer Carillion.

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