Accounting Profession News
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Auditors in Dubai form new business group
More than 70 professional auditors working in Dubai, and their representatives, met at Dubai Chamber of Commerce and Industry on…
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Prosecutor concedes that auditor PWC knew about Tyco's executives transactions
NEW YORK (AP) — A prosecutor acknowledged Friday that PriceWaterhouseCoopers, the world's largest accounting firm, knew about many of the…
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Accountant ordered to pay women in sexual harassment case
An Auckland accountant has been ordered to pay $3000 to each of two women whom he was found to have…
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PWC: HR strategies increase profit
A global human capital survey by PricewaterhouseCoopers (PWC) has found that businesses which implement a documented human resources strategy are…
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One Equity buys PwC unit
One Equity Partners, the Chicago-based private equity unit of Bank One, said Thursday, Feb. 6, that it has acquired beTRUSTed,…
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Ernst & Young Survey Finds No Let-up In Fraud Levels
Mumbai, February 6: Ernst & Young’s (E&Y) global survey titled “Fraud, the Unmanaged Risk” has revealed that there has been…
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Accounting rule targets goodwill
Companies that got caught up in the takeover frenzy at the end of the bull market could be about to…
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FASB Adopts New Rules on Assets, Liabilities
Accounting guidelines that may force U.S. companies to move billions of dollars in assets and debt onto their balance sheets…
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KPMG trims chief's pay packet
Mike Rake, the chairman of KPMG, is likely to be forced to take a pay cut for last year after…
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Big Four slam SEC rules on audit record-keeping: Firms warn regulations may imperil auditor's role
The independent auditor’s role as a corporate “devil’s advocate” could be severely undermined by proposed new Securities and Exchange Commission…