Practice
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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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Revenue Rises at PricewaterhouseCoopers
PricewaterhouseCoopers on Tuesday posted a 6.5 percent rise in revenue for its fiscal year, helped by favorable currency exchange rates.…
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Probe: KPMG's tax plans netted $180M
Accounting giant KPMG collected an estimated $180 million in fees from just four strategies it aggressively marketed to wealthy taxpayers…
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The Biggest Accounting Firm? Best Consult the Fine Print
It is difficult to account for accountants' differences. Two of the world's largest accounting firms apparently disagree over how they…
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PWC tips tough time for Aussie banks
An expected slowdown in the rate of home loans sought in 2004 could eat into the bumper profits reported by…
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Bearing Point to start consultancy services in Pakistan
ISLAMABAD (November 12 2003): Dr Darwin Johnson, Senior Vice President, Bearing Point Inc, in a call on Finance Minister Shaukat…
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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…
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KPMG to cut global ties with law firms
Big accounting firm KPMG has said that it would stop providing legal services, and blamed United States corporate governance rules…
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EU auditor spells out scale of fraud
The European commission's efforts to play down the seriousness of a fraud scandal engulfing its statistical arm were undermined by…
