Accounting News
Accountancy Profession News
Displaying items 661-675 from a total of 723 item(s).
KPMG prays for more merger work
KPMG admitted yesterday that it will struggle to maintain revenues over the coming year unless merger activity picks up in Europe and the US.
Published on 12/3/2002
Discipline in public for accountants
Discipinary hearings against accountants will be heard in public if recommendations today by the profession's regulatory body are adopted.
Published on 12/2/2002
FASB Issues Guidance on Guarantees
Norwalk, Conn. (Nov. 27, 2002) – In an effort to more accurately portray the risk companies have assumed, the Financial Accounting Standards Board in the United States on Monday offered new guidance on disclosure requirements for guarantees.
Published on 11/28/2002
AICPA in US urges SEC to broaden auditor proposal
NEW YORK, Nov 26 (Reuters) - The accounting industry's main trade and lobby group on Tuesday urged the Securities and Exchange Commission to broaden a proposed rule that prevents corporate officers and directors from misleading auditors.
Published on 11/28/2002
KPMG leads battle against French consultancy separation plans
KPMG has asked the British government to speak to the French government about a new proposal to make a legal separation of audit and consultancy. The plans would introduce a new financial security law to prevent accounting firms from providing consultancy services to their audit clients.
Published on 11/26/2002
PwC's Chairman Blasts Mandatory Auditor Rotation
New York (Nov. 25, 2002) -- While he supports regular partner rotation on audit clients, PricewaterhouseCoopers' U.S. chairman said mandatory rotation of audit firms will hurt the quality of audits.
Published on 11/26/2002
Study: Option Expensing Has No Impact on Share Price
New York (Nov. 25, 2002) The recent move by a number of companies to include option expenses on their income statements has had no impact on their share price performance, according to a new report.
Published on 11/26/2002
UK Accounting Standards Board defers FRS 17 implementation
The Accounting Standards Board in UK has delayed the implementation of FRS 17 until January 2005.
Published on 11/26/2002
The year that auditing fees took off
The debate about corporate governance is starting to bite - the cost of obtaining an audit is on the rise.
Published on 11/26/2002
Ernst & Young poised to raise audit fees
Ernst & Young, one of the remaining "big four" accountants, is preparing to increase its audit fees ahead of a jump in the cost of professional indemnity insurance.
Published on 11/26/2002
Partner profits fall by 16% at Ernst & Young
The average pay of a partner at accountancy firm Ernst & Young fell 16% to £378,000 last year as a result of the reduction in corporate activity in Britain and the US and tumbling stock markets.
Published on 11/26/2002
New IFAC president named
The council of the International Federation of Accountants has appointed Rene Ricol of France as its new president in a meeting held at the World Congress of Accountants in Hong Kong.
Published on 11/24/2002
ICAP Chief attends IFAC moot
Khaliq-r-Rahman, President, Institute of Chartered Accountants of Pakistan (ICAP), has attended the meeting of the International Federation of Accountants (IFAC) held recently in Hong Kong.
Published on 11/24/2002
Certain Accountants to Face Regulatory Control Post-Enron: IFAC
The International Federation of Accountants (IFAC) warned Thursday that certain IFAC members will need to accept the end of pure self-regulation and increasing external regulation in the post-Enron era.
Published on 11/22/2002
SEC proposes independent auditor rules
WASHINGTON — Carrying out the Sarbanes-Oxley corporate reform law, the Securities and Exchange Commission issued proposed rules Tuesday designed to force accounting firms to maintain absolute independence from the companies whose books they audit.
Published on 11/20/2002
