Accounting Profession News
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IAASB Issues Exposure Draft to Enhance Firm Quality Control Practices
In its ongoing efforts to ensure high quality performance by the world's auditors, the International Auditing and Assurance Standards Board…
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IASB issues standard on transition to International Financial Reporting Standards
Following recent decisions by various jurisdictions to adopt International Financial Reporting Standards (IFRSs), more than 90 countries will either require…
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XBRL Gets $39 Million Boost
The federal government in US announced that a $39 million contract has been awarded to McLean, Virginia-based Unisys Corporation to…
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7,500 Ernst & Young staff go live with Geac(R) time and expense software
Geac, a global enterprise software company for business performance management, announced that Ernst & Young, one of the world's biggest…
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Canada watchdog set to unveil new accounting rules
Canada's main equities watchdog will unveil new accounting rules at the end of next week that will require executives to…
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DTT losing business because of its consulting arm
Deloitte Touche Tohmatsu may be losing more clients, staff, and partners as a result of its decision not to divest…
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A buzzsaw for buzzwords developed by DTT
The people blamed for incentivizing companies to build mindshare, repurpose and utilize change agents have taken aim at their own…
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PwC sells business process outsourcing unit
PricewaterhouseCoopers (PwC) has sold its international business process outsourcing (BPO) operations to Exult, a company which provides human resources services,…
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PricewaterhouseCoopers launches corporate reporting awards
PricewaterhouseCoopers has launched the first annual Building Public Trust Awards recognising excellence in UK corporate reporting. Better quality reporting is…
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India close to complete work on data protection law
India may soon have a data protection and confidentiality law, according to a senior Indian government official. “We are working…
