Practice
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SEC suspends 2 E&Y partners for Cendant audits
U.S. securities regulators said on Thursday that they have suspended two Ernst & Young partners . The Securities and Exchange…
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IFAC's IAASB Releases New Practice Statement and Invites Comments on Exposure Drafts
IFAC's International Auditing and Assurance Standards Board Releases New Practice Statement and Invites Comments on Exposure Drafts At its most…
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Deloitte Study Finds $356 Billion Outsourcing Trend; India to Benefit Most
In a comprehensive survey of their moves offshore, the world's 100 largest financial-services companies indicate they expect to transfer an…
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PwC accused of 'negligent conduct' in $2.5bn lawsuit
The accountancy firm PricewaterhouseCoopers is facing a $2.5bn (£1.7bn) lawsuit that accuses it of “negligent, fraudulent and tortious conduct”. Amerco…
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Accountant suffers from identity theft
A chartered accountant turned to the Pretoria High Court in South Africa for help after an impersonator used her name…
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ICAEW loses £1m in stock market
Chartered accountants pride themselves on their careful stewardship of other people’s money. So it has come as something of an…
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PricewaterhouseCoopers announces conversion to pwc.com
PricewaterhouseCoopers has announced its conversion to the pwc.com domain for its global web address. Effective beginning with April 14, 2003…
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Symantec, PwC teams on security solutions in India
Symantec Corp and PricewaterhouseCoopers (PwC), have come together to offer end-to-end security solutions. The alliance combines Symantec’s security solutions and…
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U.S. accounting board votes to set auditing rules
The new U.S. board set up to regulate accountants on Wednesday voted to take over responsibility for setting auditing rules,…
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AMR's auditor issues going concern warning
AMR Corp.'s independent auditor raised doubt about the company's ability to continue as a going concern, according to a U.S.…