Practice
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Insurers balk at accounting rules
Leading life insurers have attacked plans for new accounting standards, saying they threaten to “shoehorn” life assurance into processes developed…
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FASB Considers Revised Stock Option Rules, Releases FAS 148
The Financial Accounting Standards Board in the USA may take another look at requiring companies to count stock option expenses…
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SBP issues new 'Master Circular' for banks audit
KARACHI (January 12 2003) : The State Bank on Saturday issued a master circular with consolidated instructions, to facilitate banks…
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Meeting of AGCC panel on audit, accountancy
MUSCAT — The ninth meeting of the permanent committee of the AGCC Accountancy and Audit Bureau Employees began here at…
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AICPA urges SEC to allow auditors to perform tax work
The accounting industry's main trade and lobby group in the US urged the Securities and Exchange Commission to allow accountants…
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KPMG Holds Industry Accountable
NEW YORK – Looking to restore some credibility to an industry tarnished by various scandals, accounting firm KPMG today launched…
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Andersen site home to new board
A new U.S. board set up to police corporate auditors after a wave of book-cooking scandals is opening headquarters in…
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Ernst & Young comes out fighting
Ernst & Young yesterday sought to forestall a £2.6bn legal battle with Equitable Life that could bankrupt the accountancy firm.…
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Three Accounting Firms Named “Best Companies” by Fortune
Despite new challenges and rocky roads this past year, three accounting firms are recognized in Fortune magazine's “Best Companies to…
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Indian FM asks chartered accountants to improve corporate governance
Indian finance minister Jaswant Singh has stressed upon the need to redefine the role of governance and regulators. He said…
