Former Big Five firm Andersen will not face a retrial relating to its
infamous ‘shredding’ of Enron documents, bringing to an end the long-running
saga that has left the firm a shadow of its former self.
A filing in the US by prosecutors said it was ‘in the interests of justice
not to re-prosecute Andersen on the pending charge’.
A jury in Houston had convicted the firm in 2002 of obstruction of justice
for destroying documents relating to its audit client Enron. But earlier this
year the decision was quashed by the Supreme Court because the judge had not
specified to the jury that prosecutors had to prove that Andersen knew it was
breaking the law.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season