Accounting Profession News
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Accountancy reform 'does not add up'
Government plans to reform regulation of the accounting profession in the wake of Enron-style conflicts of interest were attacked last…
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Accountants seek to stay glamorous in UK
The government will give the accountancy profession a generally clean bill of health today after a year-long investigation. It has…
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Top Andersen fraud detective starts at rival Ernst & Young
NEW YORK, Jan 27 (Reuters) – Andersen's top financial fraud detective and a key witness in the disgraced accounting firm's…
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E & Y: “The worst is yet to come”
Accountancy giant Ernst & Young cast more gloom on the state of the economy yesterday as it said profit warnings…
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U.S. accounting rules could hurt earnings and more
NEW YORK, Jan 27 (Reuters) – New rules designed to prevent Enron-esque shenanigans might force companies to shift billions in…
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Top accountants forced to open books
Top accountants are being forced to open their own books – as well as checking those of others – in…
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Listed Firms in Korea May Have to Rotate Accountants
Regulators are mulling over an accounting reform scheme that would require listed companies to change audit firms periodically. The Financial…
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Auditors pushed on watchdog roles
Launching a barrage of reforms targeting accounting scandals like those at Enron, WorldCom and Tyco, the Securities and Exchange Commission…
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SEC in US Allows Auditors As Tax Consultants
The Securities and Exchange Commission voted yesterday to back away from some tough restrictions on accounting firms it had considered…
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Former Andersen Chief: “Doing Nothing Is Not an Option”
Joseph Berardino, former chief executive of Andersen Worldwide, urged attendees at the Winning is Everything symposium here that the profession…