Practice
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Accounting rulemakers seek more time on pensions
The officials who set U.S. accounting standards on Wednesday sought more time to decide whether to overhaul rules on how…
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XBRL: Still A Ways Away From Saving The Day
Sixty percent of senior execs at financial institutions believe that trust in their industry has been eroded by the corporate…
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KPMG profits take a dive
KPMG International, the global accountancy firm, yesterday blamed a wave of accounting scandals sweeping the profession for a 22 per…
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SEC bars 3 former WorldCom accountants
WASHINGTON — The Securities and Exchange Commission has barred three former WorldCom Inc. accountants from working in that capacity because…
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Sentencing of Andersen Auditor Delayed
HOUSTON –– A federal judge has postponed the sentencing of Arthur Andersen LLP's former top Enron Corp. auditor for the…
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Survey: Internet Use for Financial Transactions Widespread
BETHESDA, Md., Dec. 14, 2002 — Nearly all treasury and finance professionals in a recent survey conducted by the Association…
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E&Y Launches Financial Planning Tool for Employees
NEW YORK, Dec. 16, 2002 — In the wake of accounting scandals and angry investors who watched their portfolios plummet…
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CA firms to follow SECP procedure for fee payment to sales tax special auditors
ISLAMABAD (December 14 2002) : The Central Board of Revenue (CBR) has directed the chartered accountant firms to strictly follow…
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Corrupt accountant handed 14-year term
AOMORI – An accountant was sentenced Thursday to 14 years in prison for embezzling 1.45 billion yen from an Aomori…
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Former KPMG Consulting lays off 4% of staff
BearingPoint, the IT services company formerly known as KPMG Consulting, is significantly paring down its staff in Germany, Austria and…
