Practice
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ICAI recruiting thousands of accountants for GE India
A giant finance and accounting services outsourcing project appears to be headed towards India, with the Institute of Chartered Accountants…
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ICMAP submits budget proposals
KARACHI: The Institute of Cost and Management Accountants of Pakistan (ICMAP) has submitted budget proposals to the Federal Ministry of…
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IFRIC publishes proposed guidance on multi-employer plans
The International Financial Reporting Interpretations Committee (IFRIC) 1 has released for public comment a draft Interpretation giving guidance on employee…
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IASB Publishes Proposals for a Limited Amendment to its Standard on Business Combinations
The International Accounting Standards Board (IASB) has published for public comment proposals for a limited amendment to IFRS 3 Business…
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KPMG: Male Finance Execs Fit the 'Profile of a Fraudster'
Long-serving, male executives are most likely to commit company fraud, according to a new study by KPMG Forensic. In addition,…
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New IFAC Standard Requires Accountants To Maintain Competence Through Ongoing Education
The International Federation of Accountants (IFAC) has issued a new International Education Standard (IES) calling on every professional accountant to…
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6-Month Bar Against Ernst & Young Begins
A six-month bar against Ernst & Young from accepting new corporate audit clients began Monday, the Securities and Exchange Commission…
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Ernst & Young offers 24 hours, 7 days online business advisory services to Middle East businesses
Ernst & Young, the Middle East's largest professional services firm, has recently launched their on-line web-based business advisory service, www.eyonline.com.…
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Europe Lags in Corporate Governance Efforts
Boards of directors of large multinational companies based in Europe have lagged their U.S. counterparts in increasing the time and…
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Accountant Pleads in $45 Million Scam
A accountant in US pleaded guilty Monday to two federal charges resulting from an alleged scheme in which an investment…