Accounting Profession News
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XBRL The Next Key Technology: PwC
Consulting major PricewaterhouseCoopers (PwC) is betting on eXtensible Business Reporting Language (XBRL) as one of the key technologies to be…
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ICAP issues clarification regarding ISE's ruling
The Institute of Chartered Accountants of Pakistan (ICAP) has issued this press release regarding Islamabad Stock Exchange's decision regarding mandatory…
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Stiffer Security Norms To Create $200 bil IT Solutions Market: PwC
Government regulations and statutory requirements, many initiated after the September 11, 2001 terrorist attacks in the US are increasingly driving…
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KPMG sells Swiss and Belgian consulting arms
KPMG has sold Swiss and Belgian consulting operations to Mercer and Aon respectively. Mercer Human Resource Consulting has bought the…
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Demand for auditors rises sharply
Ernst & Young, one of the world's four biggest auditing firms, needs to hire 400 employees in mainland China every…
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E&Y to script Dhampur asset sale
Dhampur Sugar Mills in India has mandated Ernst & Young to chalk out an asset sale strategy as a part…
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Islamabad Stock Exchange listed companies asked to rotate auditors
The Islamabad Stock Exchange has issued a circular dated November 12, 2003 informing all listed companies that they are required…
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IFAC Seeking Technical Manager for Small-to-Midsized Practices
The International Federation of Accountants (IFAC), a global organization of nearly 160 accounting bodies in 118 countries, is seeking candidates…
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IFAC Invites Comments on Ethics Code Revision on Audit Partner Rotation
The Board of the International Federation of Accountants (IFAC) has agreed to issue an exposure draft (ED) of a revision…
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IFAC Council Adopts Reforms to Improve Audit Quality Worldwide
The Council of the International Federation of Accountants (IFAC) has unanimously approved a set of reforms designed to strengthen international…