The Public Company Accounting Oversight Board blamed the hold-up on delays in appointing a chairman and in finding 100 inspectors to perform the task of reviewing the country’s largest auditors.
Acting chairman Charles Niemeier said it wants ‘to do a full inspection of PwC’ by the end of the year, the Financial Times reported. The other Big Four firms will have incomplete reviews of their work by January 2004.
The five members of the Oversight Board must be appointed by the Securities and Exchange Commission. The controversial appointment of its first chairman William Webster, last year led to the resignation of SEC chairman Harvey Pitt followed by Webster’s resignation a few days later.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
Hundreds of jobs are secure after Spectrum Contracting has been sold out of administration to Minstrell Recruitment by FRP Advisory
Cowgill Holloway and Warings Business Advisors have merged, with a range of growth plans in the North West put in place
The Practitioner discusses their timesheet militancy, and reaction to someone playing it fast and loose with the details...