Practice
-
Parmalat sues former auditors Deloitte and Grant Thornton for $10 Billion
Parmalat sued its former auditors, Deloitte & Touche and Grant Thornton, on Wednesday, claiming damages of at least $10 billion…
-
BDO partner suspended for standards neglect
An auditor in an Australian chartered accountants firm has been suspended for twelve months after ignoring important audit standards, the…
-
SEC May Delay Accounting Rules
The U.S. Securities and Exchange Commission may hold back on new accounting rules to give companies time to comply, an…
-
ICAP office-bearers elected
KARACHI: Executive Director Institute of Chartered Accountants of Pakistan (ICAP) Aslam Dossa announced on Sunday the names of the office-bearers…
-
Indian mutual fund industry to see more M&As: KPMG
The Indian mutual fund industry is expected to see more mergers and acquisitions even as funds face the challenge of…
-
ICAI to write to GTB auditors
Even as the Reserve Bank of India's letter alleging “misconduct” by statutory auditors of Global Trust Bank (GTB) does not…
-
Court ruling leaves KPMG with £65m bill
Partners at KPMG could face having to make up a £65m deficit in the accountant's pension scheme after a High…
-
IAASB issues revised ISA which calls on auditors to plan audits more rigorously
The International Auditing and Assurance Standards Board (IAASB) of the International Federation of Accountants (IFAC) has released a revised International…
-
IAASB Proposes Enhancements to its Due Process and Working Procedures
As part of its ongoing commitment to develop high quality international standards, the International Auditing and Assurance Standards Board (IAASB)…
-
IASB publishes Exposure Draft on Financial Instrument Disclosures
The International Accounting Standards Board (IASB) has published proposals to improve disclosures about financial instruments in financial statements. The proposals…
