Struggling firm Andersen, has been 'asked to resign' as auditor of drug company Cambridge Antibody Technologies after 'a number of auditors left the f...
View articleThe Institute of Internal Auditors has elected LIFFE director Terry Cunnington as its new deputy president. Read More...
View articleThe appointment of Bob Herz, as incoming chairman at the US Financial Accounting Standards Board, is the clearest signal yet that the US will move to ...
View articlePricewaterhouseCoopers has today (Friday) won a new FTSE-100 audit client beating the company's former auditors Deloitte & Touche and embattled fi...
View articleStruggling firm Andersen, has been replaced by Deloitte & Touche as the auditor of drug company Cambridge Antibody Technologies. Read More...
View articleMoves by the International Accounting Standards Board to update its standards before 2005 have raised concerns among accountants over the board's timi...
View articleThe International Accounting Standards Board has opted to retain its principles-based approach in accounting standards dispelling concerns that the bo...
View articleAuditors facing unprecedented difficulties verifying insurance losses from September 11 are making special reference to the catastrophe as they sign o...
View articleSir Iain Vallance, the outgoing Confederation of British Industry president, says that while improvements can be made to accounting standards, the pro...
View articleInvestment bank Credit Suisse First Boston has accused high street chemist Boots of boosting its profits by using flattering accounting techniques. Re...
View articleFormer Commons sleazebuster Elizabeth Filkin wants Westminster to upgrade the audit and accountancy functions to keep a closer eye on MPs expenses. Re...
View articleThe European Commission has issued new guidelines recommending auditors should not offer other services to their audit client as it could jeopardise i...
View articleAdvertising and marketing group WPP has today become the latest company to axe crumbling Andersen as its auditor, following the firm's involvement in ...
View articleNetwork Associates has restated portions of its financial results from 1998 through 2000 after an investigation found the bulk of the accounting error...
View articleErnst & Young, the former auditor of US-based Computer Associates, has been issued with a subpoena by the the Securities and Exchange Commission, afte...
View articleThe persistent stakeholder and investor pressure for companies to provide information on the challenges they face in the environment in which they ope...
View articleOne of the accountancy world's most senior figures has called for a radical shakeup of the auditing profession, including a totally independent regula...
View articleThe International Accounting Standards Board today (Wednesday) published for comment, proposals to revise 12 of its 34 standards, just three years ahe...
View articleInternal audit chiefs want either a ban on external auditors providing consulting work or more rigorous controls on the provision of consulting work. ...
View articleCadbury-Schweppes has told shareholders it intends to take on Deloitte & Touche as auditor to succeed Andersen. Read More...
View articleCIMA is undertaking a detailed review of its membership IT system after last year's failed IBIS project blew a £1.6m hole in the institute's accounts....
View articleThe move to force accountancy firms to go through compulsory reviews is not a 'done deal', the ICAEW has admitted. Read More...
View articleThe Accounting Standards Board is set to publish six new proposals this month, the largest number issued at any one time in the board's history. Read ...
View articleEuropean companies are losing the competitive advantage over US companies because they are taking too long to publish their accounts, according to new...
View articleOne of Ireland's most high-profile accountants, Ossie Kilkenny, who handled the affairs of rock band U2, has been 'severely reprimanded' by the Instit...
View articleThe manner in which audits in the UK are carried out risk massive fraud, a leading adviser to the Cabinet office and the Treasury has said. Read More...
View articleCIMA has today revealed a deficit of over £2.5m, as an axed IT project and restructuring and relocation costs cancelled the benefits of increases in m...
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