Accounting Profession News
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ACCA breaks new ground with IFRS accounts
ACCA (the Association of Chartered Certified Accountants) has become the first professional accountancy body in the UK to prepare its…
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GM ending consulting work by auditor Deloitte
General Motor Corp., the world's largest automaker, will cease its consulting work by its accounting firm Deloitte Touche Tohmatsu, a…
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IFAC's IAASB Adopts Action Plan to Promote High Quality Standards
The International Auditing and Assurance Standards Board (IAASB) of the International Federation of Accountants (IFAC) has released its action plan…
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Regulators to Force Rotation of Accounting Firms
Financial regulators in Korea are mulling over an accounting reform bill that would require listed companies to change auditors periodically.…
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Accounting firms sending tax returns on passage to India
Tax returns have always had a grueling route from scraps of receipts in a shoebox to scrutiny in the halls…
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Intel plans to change its auditors regularly
Intel is inviting the big four accounting companies to bid for its audit operations, as it plans to change its…
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Deloitte Consulting CEO to quit
Deloitte Consulting, the consulting arm of accounting firm Deloitte Touche Tohmatsu, said on Thursday its chief executive, Douglas McCracken, would…
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SEC Adopts Auditing Rules for Companies
Federal securities regulators in USA acted Tuesday to force companies to meet new standards for director watchdogs ordered by Congress…
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Dubai auditors representative committee makes key appointments
The 11-strong representative committee of the Professional Auditors Business Group, a Dubai-based business group formed with the legal backing of…
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Asahi becomes KPMG member
Asahi & Co has become a member firm of KPMG International in Japan. Asahi and KPMG entered into a co-operation…
