It's taken two years but following the collapse of Enron, the new IFAC audit code of practice has been well received. Read More...
View articleDisgraced Andersen auditor David Duncan invoked his fifth amendment rights this morning and refused to speak during his appearance at a Washington con...
View articleAccountancy faces a crisis. It may be one of perception but it is a crisis nonetheless. Read More...
View articleFresh doubts surrounded the future of Andersen this week after insurance industry experts warned it was unlikely to meet any Enron-related claims, if ...
View articleShould auditors be doing more to actively police UK finances than they already do? Read More...
View articleUS accountancy watchdog the Public Oversight Board remains determined to shut its doors at the end of March despite heavy criticism from within the pr...
View articleI spend much of my time looking at audits where complaints have been made to the professional bodies. While it would be wrong to suggest that many aud...
View articleThe main audit watchdog in the US has announced its intention to wind itself up after the chairman of the SEC proposed a new audit regulator with stro...
View articleThe head of Big Five firm Deloitte & Touche suggested yesterday that corporate accounting policies should be changed in the wake of the Enron fias...
View articleStaff at Enron's Houston office shredded large quantities of accounting documents after the SEC said it was to investigate the company's finances, acc...
View articlePublic sector accountants will face compulsory career-long learning if a crucial vote of CIPFA members agrees a move towards mandatory continued profe...
View articleJohn Smith, financial director of the BBC and 2001 Accountancy Age Finance Director of the year, has been appointed to the Accounting Standards Board....
View articleTwo Labour MPs have renewed their attack on accountants selling non-audit services to companies they audit, following the Enron collapse involving And...
View articlePublic companies could soon be forced to rotate their auditors every few years to avoid relationships becoming overfamiliar. Read More...
View articleTwo institute council members are standing against each other in the election for vice president of the ICAEW, it was announced today. Read More...
View articleListed fund manager Schroders, which last week admitted to accounting errors, has flatly denied a report in the weekend papers claiming it may seek to...
View articleThe CEO of embattled accountancy firm Andersen claimed yesterday that Enron's failure was a question of economics rather than illegal business practic...
View articleThe first public moves by the Big Five to defend the profession in the wake of the Enron scandal have been made by the UK managing partner of Pricewat...
View articleAn inability to agree substantial uniformity is holding up moves to forge a truly global business qualification for the accounting profession, warns t...
View articleTime for a global accountancy qualification? No, says Anthea Rose - ACCA's exams are already marked to an international standard. John Collier, howeve...
View articleThe board of collapsed energy company Enron has voted to discharge Andersen as its auditor. Read More...
View articlePlans to review the future of the Royal Train at the end of Jubilee Year in a bid to cut costs for the Queen have been revealed by former KPMG partner...
View articleThe man at the centre of exposing some of the worst government scandals of the past decade has retired - threatening to write his memoirs. Read More...
View articleUS regulators will today outline a new regulatory framework for the accounting profession as it grapples with the fallout from the Enron collapse and ...
View articleTory peer Baroness Noakes has thrown her weight behind the Sharman report on central government accoutability, demanding a response from the Treasury....
View articleTory peer Baroness Noakes has thrown her weight behind the Sharman report on central government accoutability, demanding a response from the Treasury....
View articleA call for car manufacturers to boycott Big Five firm KPMG following a public clash with Land Rover fell on deaf ears this week Read More...
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