Accounting News
Accountancy Profession News
Displaying items 511-525 from a total of 723 item(s).
IBM winning back lost PWC clients
IBM has won back 70 percent of the customers that parted ways with PricewaterhouseCoopers Consulting before the consulting firm was acquired by IBM last year, the company said Friday.
Published on 3/8/2003
Accounting Board Wants Foreign Firms to Register - Overseas Auditors Protest Dual Standards
The board charged with cleaning up the accounting industry in the US recommended yesterday that foreign auditors of companies whose shares are traded in the United States be required to register with U.S. regulators.
Published on 3/6/2003
Most CEOs surprisingly upbeat about growth prospects: PwC
(SINGAPORE) The spectre of a US-Iraq war and terrorism has not fazed corporate chief executives. Most still reckon their revenue will grow in the next 12 months, according to a global survey carried out by PricewaterhouseCoopers.
Published on 3/6/2003
PWC: Indian satellite communications market to grow five times
NEW DELHI: If you were to believe PriceWaterhouseCoopers, the market for satellite broadband equipment in India is expected to grow almost five times to 1.10 lakh units in the next five years, primarily driven by applications such as distance education and internet.
Published on 3/6/2003
E&Y, Deloitte Named Top Trainers in U.S.
Ernst & Young LLP and Deloitte & Touche are both named in the top 10 of the 2003 "Training Top 100" list, a national survey of organizations that excel at human capital development.
Published on 3/4/2003
Former Andersen exec tells of stressful internal culture
NEW YORK — Every Friday morning, Barbara Ley Toffler tries to show a class of students at Columbia Business School that lessons in leadership can be learned from Shakespeare's plays.
Published on 3/4/2003
Deloitte named in Ahold shareholder suit
The latest shareholder lawsuit against Ahold also names accounting firm Deloitte Touche Tohmatsu as a defendant, citing its role as auditor of the Dutch supermarket retailer that has disclosed it overstated earnings for 2001 and 2002 by about $500 million, lawyers said on Thursday.
Published on 3/3/2003
Move to tighten accounting rules
The Accounting Standards Board (ASB) in Britain has tightened the rules on how companies record revenues in their accounts. The move is aimed at deterring companies from using a variety of ruses to bolster revenues.
Published on 2/27/2003
AICPA/ACFE Team on Fraud Prevention & Detection Course
As part of the American Institute of CPAs’ crusade to combat fraud, the AICPA and the Association of Certified Fraud Examiners have teamed up to launch a new fraud detection and prevention course aimed at providing a benchmark for CPAs.
Published on 2/27/2003
More Countries to "Converge" on Global Standards
Financial reporting standards are going global. Some 90 percent of 59 countries surveyed in research conducted by the six largest accounting firms said they intend to converge with International Financial Reporting Standards (IFRS).
Published on 2/27/2003
Deloitte's Work for Ahold Raises Audit Questions
Deloitte and Touche may soon face more legal woes following the revelation by its client, Ahold NV, that its earnings since 2001 have been overstated by $500m. Although Ahold said that the misstatement was discovered by Deloitte as it conducted a year-end audit for 2002, industry experts say liability is still a possibility for the accounting firm.
Published on 2/27/2003
Accounting Firms in Britain Putting Disclaimers on Audits
Accounting firms in Britain, including PricewaterhouseCoopers and Ernst & Young, have begun adding disclaimers to their audit letters saying that no one but the shareholders of the audited company may hold the auditors responsible for the accuracy of the figures.
Published on 2/27/2003
Accounting Firms Find Hurdles in GAAP Convergence
Research released earlier this month by the world's six largest accounting firms shows that over 90 percent of the 59 countries surveyed intend to converge with International Financial Reporting Standards (IFRS). However, hurdles to reach this goal remain.
Published on 2/24/2003
New international standard for governments addresses financial reporting under cash basis
New guidance is now available to governments worldwide operating under the cash basis of accounting. The International Federation of Accountants (IFAC's) Public Sector Accounting Committee has released a new International Public Sector Accounting Standard (IPSAS) entitled "Financial Reporting under the Cash Basis of Accounting." An exposure draft on the topic had been issued in 2000 and was revised to address issues raised by respondents.
Published on 2/24/2003
Deloitte & Touche targeted following insider leak
Deloitte & Touche employees have been targeted for an email barrage following an insider leak of personnel details to animal rights extremists conducting an ongoing campaign against Huntingdon Life Sciences.
Published on 2/23/2003
