Accounting Profession News
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Sindh High Court suspends SECP directive on change of auditor
KARACHI (February 26 2004): The Sindh High Court has suspended, till the next date of hearing, the operation of the…
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CEOs more confident now on business prospects: PWC
Global business leaders are more confident about meeting revenue and profit targets in the next two to three years than…
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KPMG’s loss is PWC’s gain
KPMG’s infrastructure consulting division has seen an exodus in the last three months, with over 25 executives joining rival PricewaterhouseCoopers…
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Leaders of Accounting Profession Support Actions to Strengthen Profession and Corporate Governance
Last week, the International Federation of Accountants (IFAC) convened a meeting of more than 40 global representatives of the accountancy…
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Global accounting standards too important to fail now says ACCA
ACCA (the Association of Chartered Certified Accountants) deplores the possible delay in European take-up of the new International Accounting Standards…
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Ernst & Young completes 80 years in Middle East
Ernst & Young, the Middle East's largest assurance and business advisory firm, has completed their 80th year of operations in…
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Big Four Lose Clients As Smaller Firms Gain
In 2003 each of the accounting profession's biggest firms lost more public company audit clients than it acquired, while smaller…
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More and more companies part ways with their auditors
There's no love lost between a growing number of companies and their auditors. More than 1,460 companies in USA either…
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Lancer Corp. auditor KPMG quits during SEC probe
The accounting firm that audits the books at Lancer Corp. has quit and plans to withdraw three years' worth of…
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Deloitte fined 750,000 pounds
Britain's financial watchdog said on Wednesday it had fined a unit of Deloitte & Touche, the world's second-largest accountancy firm,…
