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The Financial Reporting Council (FRC) has launched a market study examining how effectively the audit market serves small and medium-sized enterprises (SMEs) and exploring opportunities to reduce their reporting burden where possible. This study is the first phase of the FRC’s broader campaign

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A Chinese woman from Guang'an, in Sichuan province, received a memorable marriage proposal when her boyfriend hid a gold ring inside a cake. Unaware of his plan, the hungry woman devoured the taro and meat floss cake, only to bite down on the hidden ring. Initially mistaking it for a bakery mishap,

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