Practice
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Oversight Board Proposes Rules for Auditors
The accounting industry's oversight board in USA yesterday proposed new rules for investigating and punishing auditors, and some members of…
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Institute censures two accountancy firms over audits
Two of Ireland's leading accountancy firms have been “censured” by the Institute of Chartered Accountants in Ireland (ICAI). The institute…
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SEC bans two former chip maker auditors
The Securities and Exchange Commission in USA on Tuesday barred two auditors for missing signs of financial fraud that occurred…
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Embattled Ernst & Young rings in big changes
Barely a year ago Ernst & Young, like its peers, was racing to pick up the pieces left behind by…
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Sun and Deloitte Consulting renew services partnership
Sun Microsystems' and Deloitte Consulting have extended their partnership to combine business and technology consulting. Both companies set up their…
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Andersen Worldwide to Settle Enron Suits
>Andersen Worldwide, the network of foreign accounting firms once linked to Arthur Andersen, will pay $40 million to resolve lawsuits…
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PwC: Foreign investors in India may be crucial for setting up ARCs
Foreign investors in India may be crucial to set up effective asset reconstruction companies (ARC) and give teeth to the…
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Accounting Firms Settle Enron Suit
In the first settlement of a lawsuit resulting from the collapse of the Enron Corporation two years ago, the network…
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EU to press for more bank-friendly accounting rules
The European Union will turn up the heat on experts drafting global accounting standards to prevent the rules from damaging…
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First IFRS is published
An international reporting milestone has been passed by the publishing of the first standard developed wholly by the International Accounting…