Practice
-
Transparent accounting, auditing systems vital for corporate governance: ICAB President
A positive approach towards ensuring transparency in accounting, auditing and reporting systems, and amending the Companies Act are crucial factors…
-
India introduces online tax accounting system
India's finance ministry has introduced an online system for tax payments that are being collected by the Reserve Bank of…
-
£150m bonanza for Shell auditors
Accountants who failed to spot Shell's massive overbooking of reserves were paid more than £150m in the past five years…
-
Ernst & Young Says It Faces Criminal Inquiry on Shelters
Ernst & Young, the big accounting firm, said yesterday that federal prosecutors were investigating tax shelters it had promoted and…
-
Indonesia to get 'Green' accounting standard
The Office of the State Minister for the Environment signed a memorandum of understanding (MoU) on Tuesday with the Association…
-
PwC pays $50m over Raytheon
Auditor PricewaterhouseCoopers has agreed to pay $50m (£28m) to settle claims with New York State regarding its role in a…
-
GAAP reporting language formalized for Canada
Canadian accounting firms, consultants and software vendors have worked out a set of local terms to help speed adoption of…
-
Implementation of accounting standards stressed
Economic growth in the region of Arabian Gulf, Middle East and South Asia can only sustain when corporate structure is…
-
Asia-Pacific accountants to meet in Dhaka
The 16th conference of the Confederation of Asian and Pacific Accountants (CAPA) will be held in Dhaka, Bangladesh on Monday,…
-
Bank Sues BDO Seidman for $170 million
In a lawsuit that draws comparisons with Arthur Andersen's role in the Enron scandal, Banco Espirito Santo International sued BDO…
