Practice
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IASB issues revised standards 32 and 39 focussing on Financial Instruments
The International Accounting Standards Board (IASB) has issued revised versions of its two Standards dealing with financial instruments. IAS 32…
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IASB issues 13 revised accounting standards and withdraws IAS 15
The International Accounting Standards Board (IASB) has published 13 revised International Accounting Standards (IASs) and gave notice of the withdrawal…
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KPMG 'obstructed US tax inquiry'
The US Justice Department has accused accountancy firm KPMG of obstructing an investigation into tax shelters. According to a court…
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New accounting rules in China ensure world norms are met
China will accelerate improvements to its accounting standards and policies next year to keep abreast with economic growth and the…
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XBRL The Next Key Technology: PwC
Consulting major PricewaterhouseCoopers (PwC) is betting on eXtensible Business Reporting Language (XBRL) as one of the key technologies to be…
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ICAP issues clarification regarding ISE's ruling
The Institute of Chartered Accountants of Pakistan (ICAP) has issued this press release regarding Islamabad Stock Exchange's decision regarding mandatory…
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Demand for auditors rises sharply
Ernst & Young, one of the world's four biggest auditing firms, needs to hire 400 employees in mainland China every…
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E&Y to script Dhampur asset sale
Dhampur Sugar Mills in India has mandated Ernst & Young to chalk out an asset sale strategy as a part…
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Stiffer Security Norms To Create $200 bil IT Solutions Market: PwC
Government regulations and statutory requirements, many initiated after the September 11, 2001 terrorist attacks in the US are increasingly driving…
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KPMG sells Swiss and Belgian consulting arms
KPMG has sold Swiss and Belgian consulting operations to Mercer and Aon respectively. Mercer Human Resource Consulting has bought the…
