Practice
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Top-level reshuffle at KPMG India
Gautam Dalal, the chairman and chief executive of KPMG India, is being replaced by a three-member team from February 1,…
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SEC modifies rule to keep accountants from working too long with a specific company
WASHINGTON (AP) — Federal regulators, ordered by Congress to make accountants more independent from the companies they audit, have eased…
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SEC limits auditor-client ties
In the wake of accounting scandals at Enron, WorldCom and Tyco, the Securities and Exchange Commission adopted rules Wednesday to…
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KPMG faces audit charges
Accountancy giant KPMG LLP expects to face civil charges, which it vehemently denied, over audits of Xerox Corp. accounts. KPMG…
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Deloitte chief quits amid contorversy
Deloitte Touche Tohmatsu chief executive Domenic Martino has quit his post, amid controversy surrounding his previous involvement with the failed…
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Big Four Escape SEC Wrath
While the Securities and Exchange Commission has trumpeted its record 598 enforcement actions for 2002, a Washington Post investigation noted…
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Accounting firms offer to open their books to public scrutiny in UK
Accounting firms have for the first time offered to open their books to public scrutiny as part of a package…
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Accountant gets jail time in fraud in the US
“Creative accounting” almost a half million dollars worth – on clients' tax returns has landed a Bronx tax preparer a…
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PwC Outlines Strategies for Internal Control Framework
PricewaterhouseCoopers has released to the public a white paper on how executive officers can meet new reporting requirements mandated by…
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Big accounting firms difficult target for SEC
WASHINGTON – The last fiscal year was a busy one for enforcement at the Securities and Exchange Commission. As departing…
