Accounting Profession News
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Embattled Ernst & Young rings in big changes
Barely a year ago Ernst & Young, like its peers, was racing to pick up the pieces left behind by…
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Sun and Deloitte Consulting renew services partnership
Sun Microsystems' and Deloitte Consulting have extended their partnership to combine business and technology consulting. Both companies set up their…
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Andersen Worldwide to Settle Enron Suits
>Andersen Worldwide, the network of foreign accounting firms once linked to Arthur Andersen, will pay $40 million to resolve lawsuits…
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Accounting Firms Settle Enron Suit
In the first settlement of a lawsuit resulting from the collapse of the Enron Corporation two years ago, the network…
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EU to press for more bank-friendly accounting rules
The European Union will turn up the heat on experts drafting global accounting standards to prevent the rules from damaging…
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First IFRS is published
An international reporting milestone has been passed by the publishing of the first standard developed wholly by the International Accounting…
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Deloitte loses £15m Vodafone work
Deloitte & Touche, the UK’s second biggest accountancy firm, is set to lose up to £15 million in consultancy fees…
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Big Four accountants' lose £200m in UK
The top UK accounting firms have lost more than £200m a year in fees from major corporate clients on the…
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Ambitious Firms Must Have Systems To Check Malfeasance: PwC Official
If Indian companies are to partner with the best in the world, and aspire to become true Indian multinationals (MNCs),…
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Sun, Deloitte Team on IT Consolidation
Sun Microsystems Inc. and Deloitte Consulting are offering enterprises looking to consolidate their IT infrastructures integrated services that bring together…