Accounting Profession News
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Parmalat auditor grilled on fate of lost billions
Italian investigators on the trail of billions of euros missing from the accounts of Parmalat questioned an internal auditor of…
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SECP for uniform educational standards
Chairman Securities and Exchange Commission of Pakistan (SECP) Dr Tariq Hassan emphasised the need for adoption of uniform educational standards…
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Ernst & Young says its services were proper
Ernst & Young has said it intends to defend itself “vigorously” against a complaint filed against it by the U.…
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6 military accountants under investigation by FIA
Federal Investigation Agency (FIA) has included some six military officers in the investigation on charges of embezzling Rs 43.3 million…
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PwC bearish on retail business
Even as India finds itself in the midst of a retail boom, professional services firm PricewaterhouseCoopers (PwC) has asked multinational…
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Former Enron chief accountant faces charges
Enron Corp.'s former chief accounting officer is expected to surrender to federal authorities on Thursday to face charges related to…
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Parmalat unit fires Grant Thornton
Parmalat Spa, a unit of the bankrupt Italian food and dairy group Parmalat will dismiss auditors Grant Thornton, Parmalat said…
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Grant Thornton US arm distances itself from Italy
Grant Thornton's key US unit has said it started reaching out to clients and employees in a bid to distance…
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Grant Thornton CEO sees damage from Parmalat
The global name of accountancy firm Grant Thornton International had been damaged by the Parmalat accounting scandal, Chief Executive David…
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Global accounting standards too important to fail now, says ACCA
The goal to achieve a global set of financial reporting standard is vital for the credibility of the world's capital…
