Accounting Profession News
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2003 Handbook of International Auditing, Assurance, and Ethics Pronouncements Now Available
The International Federation of Accountants has released the 2003 edition of its Handbook of International Auditing, Assurance, and Ethics Pronouncements,…
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Deloitte to Keep Its Consulting Unit
Deloitte Touche Tohmatsu reversed course on Friday and said that it would keep its consulting business, becoming the only accounting…
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New IFAC Publication Focuses on Quality of Earnings
The International Federation of Accountants’ (IFAC) Financial and Management Accounting Committee (FMAC) has released a new publication designed to educate…
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Wall Street Players Hail XBRL
New York: The XBRL programming code for financial reports could provide a major boost to stock market investors, according to…
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PwC Poised to Close Profession's “Expectation Gap”
Auditing firm PricewaterhouseCoopers LLP is working to close the gap between what the public assumes auditors provide and what current…
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KPMG Legal is to rebrand as Kensington Swan
KPMG Legal in New Zealand is to rebrand as Kensington Swan from 1 April 2003. The decision to return to…
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Deloitte opts for limited liability
Deloitte & Touche yesterday became the last of the Big Four accounting firms to say it would adopt limited liability…
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KPMG celebrates 30th year in UAE
KPMG which started its UAE operations with a small office in Dubai in 1973 has grown in a big way…
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Four Merrill Lynch executives face charges in Enron scandal
Securities regulators have charged four former senior Merrill Lynch executives with helping Enron inflate profit and mislead investors with two…
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Deloitte chief ponders dropping audit work
Deloitte Touche Tohmatsu chairman Piet Hoogendoorn warned over the weekend that exposure to lawsuits was forcing global accountancy firms to…
