Accounting Profession News
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ICAI to write to GTB auditors
Even as the Reserve Bank of India's letter alleging “misconduct” by statutory auditors of Global Trust Bank (GTB) does not…
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Court ruling leaves KPMG with £65m bill
Partners at KPMG could face having to make up a £65m deficit in the accountant's pension scheme after a High…
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IAASB issues revised ISA which calls on auditors to plan audits more rigorously
The International Auditing and Assurance Standards Board (IAASB) of the International Federation of Accountants (IFAC) has released a revised International…
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IAASB Proposes Enhancements to its Due Process and Working Procedures
As part of its ongoing commitment to develop high quality international standards, the International Auditing and Assurance Standards Board (IAASB)…
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IASB publishes Exposure Draft on Financial Instrument Disclosures
The International Accounting Standards Board (IASB) has published proposals to improve disclosures about financial instruments in financial statements. The proposals…
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CFOs Are Burning the Midnight Oil, Survey Shows
Chief financial officers are seeking a little relief. In a new survey by Robert Half Management Resources, 36 percent of…
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Survey: Your accountant is your best friend
Accountants are the first choice when it comes to entrepreneurs seeking advice, according to a new survey. And it’s not…
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Indian mutual fund industry to see more M&As: KPMG
The Indian mutual fund industry is expected to see more mergers and acquisitions even as funds face the challenge of…
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Member ICMAP Council appointed Secretary, Ministry of Education
Mr. Sajid Hassan, Member, ICMAP National Council has been elevated to the post of Federal Secretary, Ministry of Education, Government…
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Chartered accountants to discuss networking, mergers
“Networking, mergers and brand promotion of professional firms” will be among the themes of focus at a two-day all-India conference…