10 Dec 2004
The Public Company Accounting Oversight Board is meeting next week to look at a proposed set of restrictions it will place on companies to ensure auditor independence.
It is expected to allow accounting firms to work on services such as filling in tax returns and tax planning for audit clients.
However, the PCAOB is expected to draw a line at work that involved tax avoidance.
Tax is the second biggest source of income for the big accounting firms in the US after audit, reports the Financial Times newspaper.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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