Accounting Profession News
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Indonesia to get 'Green' accounting standard
The Office of the State Minister for the Environment signed a memorandum of understanding (MoU) on Tuesday with the Association…
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PwC pays $50m over Raytheon
Auditor PricewaterhouseCoopers has agreed to pay $50m (£28m) to settle claims with New York State regarding its role in a…
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GAAP reporting language formalized for Canada
Canadian accounting firms, consultants and software vendors have worked out a set of local terms to help speed adoption of…
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Implementation of accounting standards stressed
Economic growth in the region of Arabian Gulf, Middle East and South Asia can only sustain when corporate structure is…
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Asia-Pacific accountants to meet in Dhaka
The 16th conference of the Confederation of Asian and Pacific Accountants (CAPA) will be held in Dhaka, Bangladesh on Monday,…
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Bank Sues BDO Seidman for $170 million
In a lawsuit that draws comparisons with Arthur Andersen's role in the Enron scandal, Banco Espirito Santo International sued BDO…
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ICAI recruiting thousands of accountants for GE India
A giant finance and accounting services outsourcing project appears to be headed towards India, with the Institute of Chartered Accountants…
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ICMAP submits budget proposals
KARACHI: The Institute of Cost and Management Accountants of Pakistan (ICMAP) has submitted budget proposals to the Federal Ministry of…
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IFRIC publishes proposed guidance on multi-employer plans
The International Financial Reporting Interpretations Committee (IFRIC) 1 has released for public comment a draft Interpretation giving guidance on employee…
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IASB Publishes Proposals for a Limited Amendment to its Standard on Business Combinations
The International Accounting Standards Board (IASB) has published for public comment proposals for a limited amendment to IFRS 3 Business…
