Accounting News
Accountancy Profession News
Displaying items 91-105 from a total of 722 item(s).
Ex-CEO of Software Giant gets 12 years prison for Accounting Fraud
The former chief executive of Computer Associates International Inc. was sentenced to 12 years in prison and was fined $8 million on Thursday for his role in a massive accounting fraud scandal at one of the world's largest software companies.
Published on 11/2/2006
ACCA Pakistan to Conduct Corporate Governance Survey
The recently set up Pakistan Institute of Corporate Governance (PICG) was established to promote and help improve upon corporate governance practices in Pakistan. PICG is now launching a corporate governance survey to determine the current state of corporate governance practices in the country. ACCA Pakistan would be providing assistance in this regards.
Published on 10/11/2006
E&Y, PwC Top Employers for Working Mothers in the US
Big Four accounting firms Ernst & Young and PricewaterhouseCoopers are recognized as two of the best companies in the U.S. for working mothers, according to an annual survey by Working Mother magazine.
Published on 9/27/2006
SEC Invests $54 Million for XBRL System for Corporate Filings
The Securities and Exchange Commission in US has awarded four separate contracts totaling $54 million to develop an interactive data system for corporate filings so that the public has easier access to the information.
Published on 9/26/2006
AICPA, AAA, IAASB Launch Joint Research Project
Three international accounting bodies have joined forces to launch a research initiative that will provide a better understanding of users' perceptions of the financial statement audit and the auditor's report. The research is intended to independently examine the perceptions of users of financial statements in countries around the world.
Published on 8/13/2006
ACCA Pakistan to Hold Seminar on SOX
ACCA Pakistan has arranged a series of one day seminars 'Sarbanes Oxley: Value for Compliance' in Islamabad, Lahore and Karachi on 31 July, 2 and 4 August respectively. The landmark Sarbanes-Oxley Act of 2002 was intended to reform public accounting practices and other corporate governance processes and shore up the capital markets.
Published on 7/13/2006
PIPFA budget recommendations: Raise in income tax exemption limit
KARACHI: The Pakistan Institute of Public Finance Accountants (PIPFA) has suggested to the policy-makers that basic tax exemption limit for salaried class be fixed at Rs200,000.
Published on 5/31/2006
ICMAP Budget Suggestions: ITMS suggested to arrest tax evasion
KARACHI: The Institute of Cost and Management Accountants of Pakistan (ICMAP) has estimated that a record sum of Rs180 billion per annum of tax evasion or under-filing of tax returns are recorded in the national economy.
Published on 5/17/2006
ACCA Pakistan Submits Budget Proposals
KARACHI: International financial and accounting body ACCA has suggested to policy makers in the Central Board of Revenue (CBR) what it called ‘Green Taxes’ in Pakistan to save deteriorating environmental cleanliness in Pakistan.
Published on 5/7/2006
ICAP submits pre-budget recommendations for various industries
KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP) has submitted its pre-budget recommendations with regard to textiles, oil and gas, hotel, pharmaceutical, automobile, leather and sugar industries.
Published on 4/29/2006
Accounting standards for SMEs to be issued by June
KARACHI: President Institute of Chartered Accountants of Pakistan (ICAP) Syed Shabbar Zaidi has said the Securities and Exchange Commission of Pakistan will likely issue accounting standards for small and medium enterprises by June this year.
Published on 4/14/2006
PwC questions outsourcing benefits
More than half of outsourcing projects in the finance industry show no initial cost benefits in the first year, according to research by PricewaterhouseCoopers (PwC).
Published on 4/2/2006
Accenture Names CEO to Additional Position of Chairman
The board of directors of Accenture (NYSE: ACN) has named CEO William D. Green to the additional position of chairman, effective Sept. 1. He will succeed Joe W. Forehand, who will retire as Accenture’s chairman on Aug. 31.
Published on 2/16/2006
IAS for Islamic banking to be enforced from next month
KARACHI: President of Institute of Chartered Accountants of Pakistan (ICAP) Syed Mohammad Shabbar Zaidi disclosed on Wednesday that ICAP has succeeded in developing International Accounting Standard (IAS) with regard of Islamic Banking and financial reporting system.
Published on 12/15/2005
Management buyout of US MYOB operations
MYOB today announced the sale of its US operations to Acclivity LLC, an entity owned by previous members of the MYOB US management team.
Published on 11/30/2005
