Practice
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Parmalat unit fires Grant Thornton
Parmalat Spa, a unit of the bankrupt Italian food and dairy group Parmalat will dismiss auditors Grant Thornton, Parmalat said…
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Grant Thornton US arm distances itself from Italy
Grant Thornton's key US unit has said it started reaching out to clients and employees in a bid to distance…
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Grant Thornton CEO sees damage from Parmalat
The global name of accountancy firm Grant Thornton International had been damaged by the Parmalat accounting scandal, Chief Executive David…
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Global accounting standards too important to fail now, says ACCA
The goal to achieve a global set of financial reporting standard is vital for the credibility of the world's capital…
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Grant Thornton's image threatened by Parmalat
Welcome to the big leagues! In an industry torn apart by scandals over the past two years, mid-size accounting firm…
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Sage to buy US rival ACCPAC
UK business software company Sage Group is to acquire rival business management software vendor ACCPAC in a cash deal worth…
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Pricewaterhouse Settles Billing Case
Accounting giant PricewaterhouseCoopers has agreed to a $54.5 million settlement in a case that charged it and other major accounting…
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KPMG Criticizes Court's Enron Report
Big Four accounting firm KPMG said a critical report by an independent examiner in Enron Corp.'s bankruptcy accusing the firm…
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ICMAP calls for increased role of cost auditors
The Institute of Cost and Management Accountants of Pakistan (ICMAP) has recommended to the Central Board of Revenue (CBR) that…
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FASB Issues Exposure Drafts to Support Convergence of Global Accounting Standards
The Financial Accounting Standards Board (FASB) in the USA will issue four Exposure Drafts that would improve U.S. generally accepted…
