Former CIA head Webster had been Pitt’s and other Republicans favourite for the role and was elected in a narrow 3-2 vote by the commission. But since the appointment it has been revealed that Webster was on the audit committee of US Technologies, which is now facing allegations of financial fraud.
The appointment has now been referred to the SEC’s inspector-general. Democrats have called for president George W. Bush to replace the embattled chairman after growing concern over the body’s independence.
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
Dr Richard Willis provides a several thousand-year history lesson of the profession, from origin to modern-day