Practice
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Islamabad Stock Exchange listed companies asked to rotate auditors
The Islamabad Stock Exchange has issued a circular dated November 12, 2003 informing all listed companies that they are required…
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IFAC Seeking Technical Manager for Small-to-Midsized Practices
The International Federation of Accountants (IFAC), a global organization of nearly 160 accounting bodies in 118 countries, is seeking candidates…
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IFAC Invites Comments on Ethics Code Revision on Audit Partner Rotation
The Board of the International Federation of Accountants (IFAC) has agreed to issue an exposure draft (ED) of a revision…
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IFAC Council Adopts Reforms to Improve Audit Quality Worldwide
The Council of the International Federation of Accountants (IFAC) has unanimously approved a set of reforms designed to strengthen international…
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Telecom tops M&A deals in first half: PwC
Large cross-border transactions and consolidation have marked an upturn in mergers and acquisitions (M&As) in the technology sector globally during…
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Big accounting firms not too big to fail: US audit regulator
The top US audit regulator on Tuesday said he had privately warned the Big Four accounting firms against thinking they…
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Deloitte & Touche offers settlement
Deloitte & Touche has offered a $32 million settlement for a class action lawsuit filed in respect the the Manhattan…
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SEC Investigating Wachovia-KPMG Link
Wachovia Corp. has said that the Securities and Exchange Commission in USA has opened a formal investigation into the company's…
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FASB to Require Reporting on Investments
All U.S. companies with traditional retirement plans will have to start disclosing the investment strategies they use in the plans…
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Deloitte says couldn't detect Ahold irregularities
Deloitte & Touche defended itself on Wednesday from criticism it failed to detect profit overstatements at retailer Ahold, saying it…
