Practice
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SECP penalises two chartered accountant firms
The Securities and Exchange Commission of Pakistan (SEC) has imposed penalties on two practicing chartered accountants, namely M/s Arman &…
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Lawsuit vs Andersen in WorldCom case can proceed
NEW YORK, June 25 (Reuters) – A district judge in the US has denied defunct accounting firm Andersen's request to…
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UK accountants best paid in the world
Chartered accountants, famously lampooned in Monty Python sketches, are laughing all the way to the bank, according to a survey…
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Women just don’t want to join big boys’ club
In 1998 Ruth Anderson of KPMG became the first female partner to be elected to the board of a Big…
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IAASB Issues Exposure Draft to Enhance Firm Quality Control Practices
In its ongoing efforts to ensure high quality performance by the world's auditors, the International Auditing and Assurance Standards Board…
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IASB issues standard on transition to International Financial Reporting Standards
Following recent decisions by various jurisdictions to adopt International Financial Reporting Standards (IFRSs), more than 90 countries will either require…
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7,500 Ernst & Young staff go live with Geac(R) time and expense software
Geac, a global enterprise software company for business performance management, announced that Ernst & Young, one of the world's biggest…
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Canada watchdog set to unveil new accounting rules
Canada's main equities watchdog will unveil new accounting rules at the end of next week that will require executives to…
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XBRL Gets $39 Million Boost
The federal government in US announced that a $39 million contract has been awarded to McLean, Virginia-based Unisys Corporation to…
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DTT losing business because of its consulting arm
Deloitte Touche Tohmatsu may be losing more clients, staff, and partners as a result of its decision not to divest…
