If the profession wants to shake off its damaged reputation it needs to look at how effectively the new system of independent oversight regulates the ...
View articleTwo new proposals to update international accounting rules on financial instruments have been cautiously welcomed by accountancy firms despite an expe...
View articleIt's six months since the collapse of Enron and the ICAEW has just issued far-reaching recommendations with the aim of restoring confidence in the pro...
View articleA surprising addition to the post Enron debate has been the suggestion that a public sector body should be responsible for making private sector audit...
View articleUK banks are readying themselves for a major campaign of opposition against a controversial new accounting standard they predict could shrink their pr...
View articleThe former managing director of Allied Carpets escaped jail yesterday but was given a suspended over serious irregularities in the company's accountin...
View articleThe US accounting industry is facing tough new laws on auditor independence as the Senate votes on new legislation post-Enron. Read More...
View articleSamuel DiPiazza, chief executive of PricewaterhouseCoopers, this week lambasted US audit rules and urged regulators to move towards European and UK ac...
View articleAndersen has acknowledged the jury verdict in its criminal trial in Houston, will end the firm's audit practice. Read More...
View articleAndersen is planning to appeal against the guilty verdict handed down by a Houston court at the weekend, insisting that the verdict was 'wrong' and th...
View articleAndersen expects to cease auditing corporate clients by the end of August, the firm said in a statement after it was found guilty of obstructing a Sec...
View articlePlans to introduce a two-year 'cooling-off' period for auditors who want to join clients could fall foul of the Human Rights Act, the ICAEW has admitt...
View articleCompany audit committees should be renamed 'transparency' committees and given responsibility for providing broader information to investors about the...
View articlePeter Wyman, who will become ICAEW president on Wednesday, has warned that other accountancy firms face the same fate as Andersen, unless new rules li...
View articleThe ICAEW will this week launch a programme of reform which, it hopes, will ease fears of further corporate collapses and accounting scandals in the w...
View articleOfficial approval of an international set of accounting standards for Europe by 2005 has been given by Council of Ministers of the European Union afte...
View articleWould you prefer it if an independent body appointed your company's auditor? Read More...
View articleA mid-tier accountancy firm has thrown down the gauntlet to the UK accounting profession, demanding massive restrictions on auditors that sell other s...
View articleA hard-hitting campaign against proposals to make companies book share options as an expense has been launched as the European Commission moved to giv...
View articleCIPFA has been chosen to head research investigating whether a fully independent body is needed to appoint private sector auditors ending the practice...
View articleFour months gone and still no sign of a new job, although apparently I shouldn't get too downhearted. I'm told it takes a senior person in their 40s a...
View article2002 World Cup chief organiser and general secretary Michel Zen-Ruffinen, the man who submitted a report alleging financial mismanagement and misleadi...
View articleThe UK's fledgling Ethics Standards Board has today joined the chorus of voices clamouring to define whether the UK accounting profession has pertinen...
View articleCompany boards could soon lose the privelege of selecting their auditors if research shows it is necessary to create an independent body to make the a...
View articleTo complete the questionnaire, just click HERE and download the form. Read More...
View articleThe new chief executive of the ICAEW-only UK 200 Group is planning on opening its membership to small practices belonging to other institutes. Read Mo...
View articleICAEW representatives will be given the chance to debate the future of their profession, but only as part of an update session of the institute's coun...
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