Practice
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IFAC Releases Guidance to Assist Public Sector Entities with Transition from Cash Basis to Accrual
The International Federation of Accountants' (IFAC's) Public Sector Committee (PSC) has recently released the following two documents: Study 14 (2nd…
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Badruddin Fakhri elected as SAFA President for 2004
Badruddin Fakhri, Member National Council of ICMAP and Director Finance of Pioneer Cement Ltd. has been elected as President of…
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Accounting giant KPMG says 'horrified' by Parmalat
Accounting giant KPMG said on Monday it was looking in horror at the book-keeping crisis at Italian food group Parmalat…
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KPMG shows it's still beautiful to be big in accountancy field
The latest robust operating profits from the UK arm of accountancy giant KPMG show that there is still strong money…
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Parmalat auditor grilled on fate of lost billions
Italian investigators on the trail of billions of euros missing from the accounts of Parmalat questioned an internal auditor of…
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SECP for uniform educational standards
Chairman Securities and Exchange Commission of Pakistan (SECP) Dr Tariq Hassan emphasised the need for adoption of uniform educational standards…
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Ernst & Young says its services were proper
Ernst & Young has said it intends to defend itself “vigorously” against a complaint filed against it by the U.…
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6 military accountants under investigation by FIA
Federal Investigation Agency (FIA) has included some six military officers in the investigation on charges of embezzling Rs 43.3 million…
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PwC bearish on retail business
Even as India finds itself in the midst of a retail boom, professional services firm PricewaterhouseCoopers (PwC) has asked multinational…
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Former Enron chief accountant faces charges
Enron Corp.'s former chief accounting officer is expected to surrender to federal authorities on Thursday to face charges related to…
