Accounting Profession News
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Management buyout of US MYOB operations
MYOB today announced the sale of its US operations to Acclivity LLC, an entity owned by previous members of the…
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CICA welcomes 1,862 candidates who passed Uniform Evaluation (UFE)
Kevin Johnston of PricewaterhouseCoopers LLP in Calgary, Alberta has been awarded the Governor General’s Gold Medal and the Chartered Accountants…
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PCAOB Has Harsh Words for PwC, E&Y Audits
Washington (Nov. 18, 2005) – The Public Company Accounting Oversight Board has released critical inspection reports for the audits of…
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Deloitte says study reveals missed cost savings from offshoring
Deloitte has said that a study conducted by the company revealed that financial services companies are capturing less than one-third…
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IAASB Issues Drafts to Enhance Clarity of International Standards
To enhance the clarity of international standards, the International Auditing and Assurance Standards Board (IAASB) of the International Federation of…
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IASB Publishes Paper on Management Commentary
The International Accounting Standards Board has published a discussion paper that assesses the role the IASB could play in improving…
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Intuit offers QuickBooks for Mac 2006
Intuit Inc. has introduced QuickBooks for Mac 2006, a new version of their small business accounting and financial management software…
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Finance director jailed for £100,000 embezzlement
A Scottish finance director who admitted embezzling £100,000 from the accountancy company PricewaterhouseCoopers was jailed for two years on Friday.…
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Deloitte fails to freeze Bank's costs in BCCI case
BCCI’S liquidators yesterday lost a bid to freeze the Bank of England’s expenses after the collapse of their 12-year legal…
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KPMG appoints head of retail banking
KPMG has appointed David Sayer as its new head of retail banking. He joins from IBM Business Consulting, and has…
