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Auditors have given the Bermuda College a passing grade for balancing its books in the last year. Although revenues were down by more than $1 million for the fiscal year up to March, 2022, the college still managed to remain in the black to the tune ...

Dear Sir, Beverly Connell’s excellent and well-researched comments in her letter in today’s paper (October 13, 2022) should be an urgent rallying cry to all of us — not just our political leaders. It is more than alarming that our futures are being j...

The Government should be careful not to give the West End Development Corporation unnecessary breaks for late paperwork, senators warned yesterday. Owen Darrell, the Junior Minister of Public Works, proposed an amendment to allow Wedco to submit audi...

KPMG has announced a raft of new appointments in addition to the retirement of managing director Damion Henderson, who had been in the role since 2008. Two new managing directors are Bron Turner and Ian Gardner. Meanwhile, new directors on the team a...

The appointment of a new accountant-general was announced by the Government this afternoon. A spokeswoman for the Ministry of Finance said that Dionne Morrison-Shakir took up the post on August 1. She added: “Mrs Morrison-Shakir is a chartered accoun...

Bermudian accountants and their global partners at one of the ‘Big Four’ accountancy firms will soon vote over a proposal for a strategic break-up. The move by EY may mean new directions for the audit and advisory businesses in the face of regulatory...

Three new Deloitte Bermuda partners have been appointed: Andy DeGregorio, tax and legal; Eric Wehrwein, audit and advisory; and, Ed Willmott, financial advisory. Mr DeGregorio joined the tax practice at Deloitte Bermuda after working in the US. He s...

Bermuda-based financial solutions provider Emergence is joining BlackLine’s global Solution Provider Partner Programme to meet increasing demand from clients for accounting automation software solutions. Emergence said the collaboration will help fi...

Megan Green has promoted to partner at PwC Bermuda, having joined the firm in 2017 as a director in the asset and wealth management practice. After starting her career in Australia, the Bermudian returned home and focused on the Bermuda-based asset ...

PwC has released its 2021 Bermuda Environmental, Social and Governance Highlights, an inside look at how the firm impacts the world of business, the planet and people. The company said: “The pandemic has brought on many challenges. It has also taugh...

The difference between actual and insured losses around the world could widen from $1.4 trillion in 2020 to $1.8 trillion by 2025, with the Asia-Pacific region accounting for almost half of all uninsured risk, according to a new PWC report. PwC o...

The BHS squad “Business of Babylon” has seized the lead heading down the stretch of the 21-team KPMG 17th Annual Senior School Investment Challenge, which ends on May 31. None of the teams have fully recovered all their losses for the season, althoug...