Practice
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Silicon Valley Companies Beefing Up Internal Audit Divisions
Forget flamboyant chief executives, high-rolling venture capitalists and fast-talking analysts. These days, the hottest job in Silicon Valley is…internal auditor.…
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Deloitte ventures solo on consulting-audit road
In an accounting industry still recovering from the drama of Andersen's sudden collapse and the subsequent onslaught of new rules,…
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PwC unveils VAT help site for e-tailers
PricewaterhouseCoopers (PwC) has set up a new Web site at pwcebiztoolkit.com to help e-tailers comply with new European Union regulations…
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PwC revamps auditing practice
PricewaterhouseCoopers (PwC) is restructuring its auditing practice in India. The revamp will be steered by Rathin Datta, who took over…
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ACCA breaks new ground with IFRS accounts
ACCA (the Association of Chartered Certified Accountants) has become the first professional accountancy body in the UK to prepare its…
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GM ending consulting work by auditor Deloitte
General Motor Corp., the world's largest automaker, will cease its consulting work by its accounting firm Deloitte Touche Tohmatsu, a…
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Regulators to Force Rotation of Accounting Firms
Financial regulators in Korea are mulling over an accounting reform bill that would require listed companies to change auditors periodically.…
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Accounting firms sending tax returns on passage to India
Tax returns have always had a grueling route from scraps of receipts in a shoebox to scrutiny in the halls…
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IFAC's IAASB Adopts Action Plan to Promote High Quality Standards
The International Auditing and Assurance Standards Board (IAASB) of the International Federation of Accountants (IFAC) has released its action plan…
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Intel plans to change its auditors regularly
Intel is inviting the big four accounting companies to bid for its audit operations, as it plans to change its…