New path for mid-career professionals to join accounting industry

SINGAPORE: Mid-career professionals in Singapore without accounting work experience or accounting-related qualifications can now be hired and trained as accounts or audit professionals.This has been made possible by a new pilot programme, a result of a partnership between NTUC's Employment and Employability Institute (e2i) and professional accounting body CPA Australia.Under the programme,...

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Pa. gov. to sue NCAA over Penn State sanctions

HARRISBURG, Pa. Gov. Tom Corbett said Tuesday he plans to sue the NCAA in federal court over stiff sanctions imposed against Penn State University in the wake of the Jerry Sandusky child sexual abuse scandal. The Republican governor scheduled a Wednesday news conference on the Penn State campus in State College to announce the filing in U.S. District Court in Harrisburg. The sanctions, which...

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House Plans Up-or-Down Vote on 'Cliff' Deal

The Republican-dominated House of Representatives is taking an up-or-down vote on a bipartisan Senate deal to avert the "fiscal cliff."House Republicans agreed to the up-or-down vote Tuesday evening, despite earlier talk of trying to amend the Senate bill with more spending cuts before taking a vote.If House Republicans had tweaked the legislation, there would have been no clear...

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13 key stories to watch for in 2013

Among the few virtual certainties of 2013 is the ongoing anguish of Syria and the decline of its president, Bashar al-Assad.STORY HIGHLIGHTSLook for more unrest amid power transitions in the Middle EastDisputes and economic worries will keep China, Japan, North Korea in the newsEurope's economy will stay on a rough road, but the outlook for it is brighterEvents are likely to draw attention to cyber...

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N.Korea leader vows "radical" economic shift

SEOUL: North Korea's young leader Kim Jong-Un called for a "radical turnabout" in the impoverished country's economy in a rare New Year's address Tuesday that also urged improved relations with the South.While the heart of his lengthy speech was devoted to turning the North into an "economic giant" and raising living standards, Kim stressed that military power remained a national priority."The...

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Biden pitches fiscal cliff deal to Democrats

STORY HIGHLIGHTSSenate leaders cut a deal to avoid the fiscal cliffBiden pitches the plan to Democrats late MondayObama says more work will be needed and chides Congress for dragging its feet"Take the 84% of your winnings off the table," anti-tax crusader advises GOPAs the fiscal cliff looms, what's your New Year's message to Washington? Go to CNN iReport to share your video.(CNN) -- Senate leaders...

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Clinton's blood clot: Was concussion to blame?

Update: 10:20 P.M. EST -- Secretary of State Hillary Clinton's physicians released more information about her condition in a statement Monday afternoon: "In the course of a routine follow-up MRI on Sunday, the scan revealed that a right transverse sinus venous thrombosis had formed. This is a clot in the vein that is situated in the space between the brain and the skull behind the right ear," Clinton's...

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Fiscal Cliff Deal Reached; Biden Pitches It to Dems

The so-called "fiscal cliff" came tonight -- but now there is a specific deal on the table to try to soften it after the fact, according to congressional sources.Senate Majority Leader Harry Reid said the deal would get a vote in the Senate tonight. The House would not vote before Tuesday, having adjourned for the evening before word of the agreement spread."It is a compromise,...

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Stories for 2013: Syria to 'post-Gangnam'

Among the few virtual certainties of 2013 is the ongoing anguish of Syria and the decline of its president, Bashar al-Assad.STORY HIGHLIGHTSLook for more unrest amid power transitions in the Middle EastDisputes and economic worries will keep China, Japan, North Korea in the newsEurope's economy will stay on a rough road, but the outlook for it is brighterEvents are likely to draw attention to cyber...

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