Accounting Profession News
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Lawmakers, CEOS criticize FASB for options move
It was billed as a round table, but seemed more like a boxing ring Thursday as lawmakers and CEOS rained…
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XBRL Top Tech Trend, Says PwC Forecast
PricewaterhouseCoopers' new Technology Forecast identifies technology trends that help companies achieve greater transparency and accountability. This year's forecast details how…
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PwC: Business intelligence top IT priority
Companies may have hit the pause button on many of their information technology projects recently, but they'll continue work on…
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Ernst & Young's woes mount with Accredo lawsuit
Ernst & Young, it would seem, gets no respite these days. The accounting firm, whose name has been dredged up…
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PwC Launches Best Practice Service In India
A US airline drew upon lessons from the pitstops of Formula I racing to implement a strategy of turning around…
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U.S. plans full probe of big accountants
An official of the new U.S. accounting oversight board outlined plans for full inspections of the Big Four accounting firms…
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'Scoundrel' accountant jailed
A judge in U.K. has labelled an accountant a “scoundrel” and “thoroughly dishonest” as he jailed him for stealing more…
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South Asian accountants concerned at life after WTO
“To achieve our objectives, the accountancy profession must get closer to the corridors of power”, said Jamaluddin Ahmed, past president…
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Accountants urged to restore confidence
Head of an accounting firm, S Masoud Ali Naqvi said the accounting profession needs to restore confidence in the integrity…
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Accounting rulemakers tighten rules on derivatives
U.S. accounting rulemakers on Wednesday tightened existing rules on derivatives in an effort to help investors clearly identify when companies…
