Accounting Profession News
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KPMG Reports 3.9 Percent Growth
New York (Dec. 3, 2002) – KPMG International’s revenue rose just 3.9 percent to $10.7 billion over the past year,…
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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…
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Accounting Firms Report Slower Revenue Growth
The accounting industry experienced its slowest growth in a decade, according to the latest revenue figures from the Big Four…
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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. Foundation…
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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…
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FASB Issues Guidance on Guarantees
Norwalk, Conn. (Nov. 27, 2002) – In an effort to more accurately portray the risk companies have assumed, the Financial…
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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…
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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…
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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…
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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.…
