Accounting Profession News
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The Biggest Accounting Firm? Best Consult the Fine Print
It is difficult to account for accountants' differences. Two of the world's largest accounting firms apparently disagree over how they…
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PWC tips tough time for Aussie banks
An expected slowdown in the rate of home loans sought in 2004 could eat into the bumper profits reported by…
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Bearing Point to start consultancy services in Pakistan
ISLAMABAD (November 12 2003): Dr Darwin Johnson, Senior Vice President, Bearing Point Inc, in a call on Finance Minister Shaukat…
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Deloitte says couldn't detect Ahold irregularities
Deloitte & Touche defended itself on Wednesday from criticism it failed to detect profit overstatements at retailer Ahold, saying it…
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KPMG to cut global ties with law firms
Big accounting firm KPMG has said that it would stop providing legal services, and blamed United States corporate governance rules…
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EU auditor spells out scale of fraud
The European commission's efforts to play down the seriousness of a fraud scandal engulfing its statistical arm were undermined by…
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DTI and PricewaterhouseCoopers to research latest virus, spam and other security trends
PricewaterhouseCoopers has launched the latest government-sponsored survey of information security breaches. The DTI Information Security Breaches Survey 2004, like its…
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United Companies creditors settle case with Deloitte
Creditors of bankrupt United Companies Financial Corp. and the company's auditors have reached an undisclosed settlement in a lawsuit over…
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Backers hope conference will prove XBRL is 'real'
The developers of XBRL, the Internet-based software language for business reports, are hopeful that their upcoming international conference will be…
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AICPA, FBI ally on anti-fraud Webcast
With 134 major cases of corporate fraud being investigated, the American Institute of CPAs and the Federal Bureau of Investigations…