Practice
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Deloitte opts for limited liability
Deloitte & Touche yesterday became the last of the Big Four accounting firms to say it would adopt limited liability…
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KPMG celebrates 30th year in UAE
KPMG which started its UAE operations with a small office in Dubai in 1973 has grown in a big way…
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AICPA Issues Exposure Draft on Internal Control Reporting
The Auditing Standards Board of the American Institute of Certified Public Accountants today announced its first step to implement a…
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Four Merrill Lynch executives face charges in Enron scandal
Securities regulators have charged four former senior Merrill Lynch executives with helping Enron inflate profit and mislead investors with two…
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Deloitte chief ponders dropping audit work
Deloitte Touche Tohmatsu chairman Piet Hoogendoorn warned over the weekend that exposure to lawsuits was forcing global accountancy firms to…
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Accounting firm head calls for expansion of auditors' responsibilities
Auditors should take more responsibility for what goes into a company's annual report in order to restore investors' confidence in…
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Investors bombard FASB with mail over options
Until recently, few small investors knew much about — let alone spent time writing to — the group that sets…
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KPMG employees in South African court on fraud charges
Two employees of auditing firm KPMG appeared in the Durban Magistrate's Court on charges of fraud totalling R18-million.
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Health workers more likey to get work visas for Australia than accountants
Accountants and IT managers are no longer in demand but occupational therapists will be given a headstart if they apply…
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XBRL-based reports are coming soon to a bank near you
A steering committee has been formed to promote XBRL, a new standared computer language. The group includes such financial, software…
