E&Y is the latest firm to benefit following a string of Andersen audit defections as companies continue to flee amid the bad publicity and revelations of malpractice that have emerged since the collapse of energy firm Enron.
Earlier in the week Andersen announced it was to cut 7,000 jobs in North America, while yesterday, former Houston lead audit partner David Duncan, pleaded guilty to a charge of criminal obstruction.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements