Practice
-
Suit seeks to remove KPMG as WorldCom auditor
KPMG is being sued by 14 states in USA that want the firm disqualified from acting as WorldCom's accountant, auditor…
-
ICAP issues circular regarding review of SAPs and SSAPs
The Institute of Chartered Accountants of Pakistan (ICAP) has issued the following circular regarding review of SAPs and SSAPs issued…
-
Europe and U.S. Near Accord on Joint Audit Supervision
The European Commission signaled on Tuesday that it might settle a longstanding dispute with the United States next week that…
-
Credit portfolio assessment: SBP issues guidelines for auditors
KARACHI (March 12 2004): The State Bank of Pakistan (SBP) on Thursday has issued guidelines to auditors for reviewing credit…
-
ICAP penalises five firms
KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP) has penalised five chartered accountant firms for not auditing the accounts…
-
Deloitte accused of tax evasion
Russia has accused Deloitte and Touche, the international accounting and consulting giant, of tax evasion and has opened a criminal…
-
Accountants biggest readers: Survey
Accountants are not known for their social skills so is it hardly surprising that accountants spend more time reading than…
-
Malaysia to introduce new Islamic accounting standards next year
The Malaysian Accounting Standards Board (MASB) will introduce new Islamic accounting standards on Ijarah (leasing) in the first quarter of…
-
KPMG denies funding US presidential candidates
Amid reports that Dutch companies are among the largest foreign financial backers of candidates seeking the US presidency, KPMG Netherlands…
-
Hong Kong accountants demand greater transparency
An overwhelming majority of accountants believe that much greater transparency in financial reporting is required from Hong Kong's listed companies.…
