A&A news from around the web: September 4 - 8, 2017

Written on Sep 08, 2017

Class fraud suits more viable with restatement, lawyers say
A class securities fraud suit is more likely to make it past the pleading stage when the targeted company restated its financials. Judges between 2007 and 2016 dismissed roughly 28% of traditional class securities cases involving restatements compared to almost 40% of those not involving a restatement.

AICPA survey: Firms facing stiffer competition for new hires, paying more for top talent
Firms are facing increased competition for talent and are willing to pay more for the top candidates, in an environment in which CPAs and executives' outlook on the U.S. economy and business activity in the third quarter were at their highest in almost three years, according to the AICPA.

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