Practice
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New accounting standards for UK
LONDON – The British government introduced new accounting rules in a bid to shore up investor confidence in the wake…
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U.S. sues KPMG for fraud over Xerox accounting
The Securities and Exchange Commission yesterday filed a civil complaint against KPMG LLP and four current and former partners, saying…
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Amendment to bye-law 97 of Chartered Accountants Bye-Laws 1983
The Federal Government has approved the undermentioned amendments to bye-law 97 of Chartered Accountants Bye-Laws 1983. The date of effect…
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SEC's director calls KPMG 'reckless' in Xerox audit work
SAN DIEGO (Dow Jones/AP) — Accounting fraud remains a top priority for regulators and could spur lawsuits against accounting firms…
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Accountancy reform 'does not add up'
Government plans to reform regulation of the accounting profession in the wake of Enron-style conflicts of interest were attacked last…
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Accountants seek to stay glamorous in UK
The government will give the accountancy profession a generally clean bill of health today after a year-long investigation. It has…
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E & Y: “The worst is yet to come”
Accountancy giant Ernst & Young cast more gloom on the state of the economy yesterday as it said profit warnings…
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U.S. accounting rules could hurt earnings and more
NEW YORK, Jan 27 (Reuters) – New rules designed to prevent Enron-esque shenanigans might force companies to shift billions in…
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Top Andersen fraud detective starts at rival Ernst & Young
NEW YORK, Jan 27 (Reuters) – Andersen's top financial fraud detective and a key witness in the disgraced accounting firm's…
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Top accountants forced to open books
Top accountants are being forced to open their own books – as well as checking those of others – in…