Practice
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Former Andersen chief dismayed by Big Four's attitude
Joe Berardino, the former chief executive of Arthur Andersen, is warning the rest of the accounting industry that it risks…
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SEC: Ernst & Young Violated Rules
WASHINGTON (AP) – Federal regulators, after an initial failure, alleged for a second time Wednesday that Ernst & Young violated…
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With two top guys leaving, reforms and policing of corporate America thrown into disarray
WASHINGTON (AP) — Reforms and the policing of corporate America have been thrown into disarray at a critical time for…
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Andersen Points Blame at Bosses of Software Firm
Nov. 14–Accounting firm Arthur Andersen, in its answer to a $1 billion lawsuit filed by San Diego's Peregrine Systems, contends…
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Deloitte Annual Revenues Flat
New York (Nov. 11, 2002) – Facing significant revenue losses related to the Sept. 11 terror attacks, Deloitte Touche Tohmatsu…
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Microsoft and PwC Roll Out Vat.Net
New Delhi: Software major Microsoft Corporation India Pvt Ltd and professional services firm PricewaterhouseCoopers (PwC) India have launched a value…
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Accounting Firm claims Chief Govt Audit Overseer Fired it when it raised Financial Problems
Accounting firm BDO Seidman LLP released documents yesterday that showed that William H Webster had fired it as the auditor…
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SEC's Head Accountant in USA Resigns
The chief accountant of the Securities and Exchange Commission in the US resigned yesterday after 15 months in office, the…
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New global accounting rules unveiled
New accounting proposals by the International Accounting Standards Board will force listed companies to deduct the cost of stock options…
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New Fraud Standard Expands All Auditors Responsibility
The Auditing Standards Board of the AICPA has issued SAS No. 99, Consideration of Fraud in a Financial Statement Audit,…