Practice
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Deloitte CEO says Sarbanes-Oxley reforms working
The accounting and corporate governance reforms passed by Congress last year after a wave of scandals are working, but attempts…
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IASB publishes proposals on macro hedging
The International Accounting Standards Board (IASB) has published proposals to improve the implementation of IAS 39 Financial Instruments: Recognition and…
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IFRIC releases draft interpretation on Changes in Decommissioning, Restoration & Similar Liabilities
The International Financial Reporting Interpretations Committee (IFRIC) has released draft IFRIC Draft Interpretation D2 Changes in Decommissioning, Restoration and Similar…
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FSA warns companies on accounting standards
The Financial Services Authority in UK yesterday warned that British companies have been too slow in adopting new international accounting…
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Accountants questioned for questioning accounting
Here's something you haven't heard much of: accountants getting fired for just doing their job. That's right, getting shown the…
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PwC India Sells Off Banking BPO Business To iSmart
PricewaterhouseCoopers (PwC) India, the audit and business advisory firm, has sold its banking business process outsourcing (BPO) business following PwC…
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Costly u-turn for Deloitte Consulting
Accounting giant Deloitte is folding its consulting arm back into the main firm after spending US$20 million rebranding it as…
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Small Accounting Firms Exit Auditing
Hundreds of small accounting firms in the USA are struggling under tough new auditing rules adopted after a string of…
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Intuit Introduces CRM for Accountants
Accounting software maker Intuit has launched two new customer relationship management (CRM) products designed for accountants and small businesses. In…
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Polaroid Shareholders Sue KPMG
Shareholders of the former Polaroid Corp. on Tuesday sued KPMG LLP, the company's former accountants, alleging the firm violated accounting…
