Accounting Profession News
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KPMG Agree to Settle Lawsuit
KPMG, the accounting firm, said yesterday that it had agreed to pay $200 million to settle lawsuits stemming from its…
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IBM winning back lost PWC clients
IBM has won back 70 percent of the customers that parted ways with PricewaterhouseCoopers Consulting before the consulting firm was…
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FASB in US Strengthens Off-Balance-Sheet Reporting Guidance, But Errors Persist
The Financial Accounting Standards Board, the designated organization for establishing financial accounting and reporting standards, toughened up its rules for…
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Accounting Board Wants Foreign Firms to Register – Overseas Auditors Protest Dual Standards
The board charged with cleaning up the accounting industry in the US recommended yesterday that foreign auditors of companies whose…
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PWC: Indian satellite communications market to grow five times
NEW DELHI: If you were to believe PriceWaterhouseCoopers, the market for satellite broadband equipment in India is expected to grow…
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Most CEOs surprisingly upbeat about growth prospects: PwC
(SINGAPORE) The spectre of a US-Iraq war and terrorism has not fazed corporate chief executives. Most still reckon their revenue…
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Former Andersen exec tells of stressful internal culture
NEW YORK — Every Friday morning, Barbara Ley Toffler tries to show a class of students at Columbia Business School…
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E&Y, Deloitte Named Top Trainers in U.S.
Ernst & Young LLP and Deloitte & Touche are both named in the top 10 of the 2003 “Training Top…
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Deloitte named in Ahold shareholder suit
The latest shareholder lawsuit against Ahold also names accounting firm Deloitte Touche Tohmatsu as a defendant, citing its role as…
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Accounting Firms in Britain Putting Disclaimers on Audits
Accounting firms in Britain, including PricewaterhouseCoopers and Ernst & Young, have begun adding disclaimers to their audit letters saying that…
