US

Capitol Hill

US lawmakers call for preservation of cash accounting

US institute AICPA leads opposition to move to accrual accounting as part of reforms to federal tax code

12 Sep 2014

PwC logo

PwC faces $1bn lawsuit over bad MF Global advice

PwC's advice on "repurchase-to-maturity" transactions was a substantial cause of the 2011 collapse of MF Global, judge claims

28 Aug 2014

HP generic logo from campus

Deloitte dismisses HP claim plans as 'utterly without merit'

HP plans to sue Deloitte over its auditing of Autonomy's accounts, lawyer tells court

26 Aug 2014

PwC fined $25m over consulting work for Japanese bank

PwC’s US arm fined and banned from some consulting work over misconduct during work at Bank of Tokyo-Mitsubishi

19 Aug 2014

US and China commit to cross-border audit inspections

US audit watchdog expects to conduct inspections of mainland Chinese audit firms by the end of the year

18 Jul 2014

US Treasury secretary in move to stop tax ‘inversion’

US Treasury secretary Jack Lew is seeking to invoke 'economic patriotism' in order to prevent further tax 'inversions'

16 Jul 2014

US pivotal to OECD tax plan

The US's corporate tax regime is playing a crucial role in the base erosion and profit shifting the OECD is trying to address, writes Calum Fuller

20 May 2014

Former KPMG partner faces jail term over insider trading

Former KPMG US partner Scott London guilty of insider trading

25 Apr 2014

Credit Suisse ‘shredded documents’ for US tax evaders

Swiss bank alleged to have helped US clients avoid taxes, senate committee claims

26 Feb 2014

China hits back over Big Four US audit ban

Chinese securities regulator expressed "deep regret" over SEC decision to ban Big Four from auditing Chinese companies listed on US stock exchange

27 Jan 2014

SEC judge suspends Big Four China units

Judge calls for Chinese affiliates of Big Four to be barred from working for any US-listed Chinese companies for six months

23 Jan 2014

US tech companies move against tax avoidance reforms

US lobby group attempts to halt curbs against tech firms' tax structures

20 Jan 2014

Autonomy/HP analysis: The accounting argument

How can accounting standards form a part of the battle between Autonomy and HP? Stephen Bouvier explains

16 Jan 2014

SEC bans accountancy firm over failed Chinese company audits

Sherb & Co audits of three US-listed Chinese companies were "riddled with failures" SEC investigation finds

11 Nov 2013

Deloitte US slapped with $2m fine over audit violation

Deloitte hit with joint largest civil fine levied by the PCAOB

24 Oct 2013

US server outage sees Sage 50 crash for more than 24 hours

US Sage 50 customers left without accounting software for more than a day after server crash

03 Sep 2013

US accountants applaud mandatory audit rotation block

US decision to prohibit mandatory audit rotation sends "clear message" to end debate in Europe

09 Jul 2013

Deloitte China asks court to dismiss US SEC audit case

Deloitte's Chinese arm calls for courts to dismiss attempts made by US regulators to obtain audit work papers

29 May 2013

Ireland defends tax regime after US' “tax haven” claims

Ireland is set to officially reject claims it is acting as a tax haven

28 May 2013

Apple boss defends its core tax strategy

Tim Cook hits back at senate subcommittee claims of Apple avoiding billions of dollars in tax

22 May 2013

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The Practitioner: Pruning clients, growing staff numbers

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Are ethics and profits mutually exclusive?

The markets crave trust, and business must be more proactive in its delivery

ABS: Will you be taking on too much?

While alternative business structures (ABSs) might benefit some accountancy firms, others could be in danger of overstepping their capabilities

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Internal auditors must up game over new anti-corruption rules

Government's more onerous anti-corruption plan means internal auditors must up their game

Colin: Post-awards emotion

For some, the British Accountancy Awards can be emotionally demanding

Colin: Pre-award jitters

Colin's excited about tonight's British Accountancy Awards

Colin: Audit losses go down badly

Colin imagines KPMG's reaction to losing Diageo audit

Share Price Centre

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Conservatoire for Dance and Drama, London, Permanent, Part Time, £60,000 pro rata

 

 

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Briefings

budget-management

Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

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iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.