ABI calls for audit crackdown
Audit

ABI calls for audit crackdown

22y Idris Nagri

ABI calls for audit crackdown

Insurance industry watchdog The Association of British Insurers, has told the government it believes regulators should crack down on the common practi...

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Spys' accounting weaknesses uncovered
Audit

Spys' accounting weaknesses uncovered

22y Idris Nagri

Spys' accounting weaknesses uncovered

Accounting 'weaknesses' have been found in the financial controlsapplied to Britain's 007s and spooks - but they won't give details. Read More...

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LATEST: Andersen and KPMG confirm merger plan
Audit

LATEST: Andersen and KPMG confirm merger plan

22y Idris Nagri

LATEST: Andersen and KPMG confirm merger plan

Beleaguered Andersen has confirmed it is in talks to merge its operations outside the USA with KPMG. Read More...

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Volcker continues drive for reforms
Audit

Volcker continues drive for reforms

22y Idris Nagri

Volcker continues drive for reforms

Paul Volcker, trustees chairman at the International Accounting Standards Committee, has said he would continue to push for reforms irrespective of An...

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Andersen UK named in shredding charge
Audit

Andersen UK named in shredding charge

22y Idris Nagri

Andersen UK named in shredding charge

The London office of Andersen moved to the centre of the Enron debacle when it was last night named in a US Justice Department indictment accusing the...

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HRH: Queen gets new FD as she brushes with portrait painter
Audit

HRH: Queen gets new FD as she brushes with portrait painter

22y Idris Nagri

HRH: Queen gets new FD as she brushes with portrai...

KPMG has retained its grip on the royal purse strings with the announcement that Alan Reid, the firm's chief operating officer, will become the Queen'...

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Manifesto: view from the front bench
Audit

Manifesto: view from the front bench

22y Idris Nagri

Manifesto: view from the front bench

Responses to our manifesto published in January continue to pour in. This week we publish those from front-bench members of the two main opposition pa...

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Van Buitenen blows whistle again
Audit

Van Buitenen blows whistle again

22y Idris Nagri

Van Buitenen blows whistle again

EU whistleblower given eight weeks' grace to compile report on concerns over mismanagement. Read More...

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Europe's endorses single set of IASs
Audit

Europe's endorses single set of IASs

22y Idris Nagri

Europe's endorses single set of IASs

The European Parliament has finally given its full backing to proposals to adopt international accounting standards in the European Union. Read More...

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Sharman pleased with government response
Audit

Sharman pleased with government response

22y Idris Nagri

Sharman pleased with government response

Lord Sharman says he is pleased the government has agreed with most of his recommendations for the National Audit Office, although he expressed disapp...

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Deloittes backs down on eps miscalculation
Audit

Deloittes backs down on eps miscalculation

22y Idris Nagri

Deloittes backs down on eps miscalculation

Deloitte & Touche has backed down in its dispute over a diluted earnings per share calculation for its client XKO and has decided to stop recommending...

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Split in Europe over IASs
Audit

Split in Europe over IASs

22y Idris Nagri

Split in Europe over IASs

A political spat has broken out between the European Commission and the European Parliament over Brussels' proposals to impose International Accountin...

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The corridors of power...
Audit

The corridors of power...

22y Idris Nagri

The corridors of power...

It is an unhappy coincidence - unhappy for the government that is - that it was Patricia Hewitt, Secretary of State for Trade and Industry, who announ...

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IASC publishes incomplete list of backers
Audit

IASC publishes incomplete list of backers

22y Idris Nagri

IASC publishes incomplete list of backers

An incomplete list of financial backers of the International Accounting Standards Committee has been posted on its website ahead of the standard sette...

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Audit Commission slams Stockport's IT
Audit

Audit Commission slams Stockport's IT

22y Idris Nagri

Audit Commission slams Stockport's IT

Stockport Metropolitan Borough Council's information and communication technology services have been given a roasting by the Audit Commission's best v...

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Ban looms on directors becoming auditors
Audit

Ban looms on directors becoming auditors

22y Idris Nagri

Ban looms on directors becoming auditors

Auditors may be banned from becoming directors of former client companies under tough new regulatory proposals being studied in Whitehall following th...

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Andersen dealt Delta blow
Audit

Andersen dealt Delta blow

22y Idris Nagri

Andersen dealt Delta blow

Underfire Andersen has been dealt another severe audit defection blow after the third largest airline in the US, Delta, dumped the firm after more tha...

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The Debate: Dangers of snapshot accounting
Audit

The Debate: Dangers of snapshot accounting

22y Idris Nagri

The Debate: Dangers of snapshot accounting

FRS 17 will force many companies to reconsider the way they provide employee pensions. Peter Thompson warns it could harm pension schemes, but Crispin...

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Profile: Allan Cook of the ASB
Audit

Profile: Allan Cook of the ASB

22y Idris Nagri

Profile: Allan Cook of the ASB

Every now and then events throw life's good guys into the eye of a storm and so it is with FRS 17 and Allan Cook. Read More...

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FEE steps up workload
Audit

FEE steps up workload

22y Idris Nagri

FEE steps up workload

FEE, the organisation for the European accountancy profession, has appointed a deputy president in response to its growing workload in the wake of Enr...

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IASB fails to name all donors
Audit

IASB fails to name all donors

22y Idris Nagri

IASB fails to name all donors

The International Accounting Standards Board will not publish a full list of the corporate donors that provided $6m (£4.2m) to the organisation last y...

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Volcker calls for increase in auditors' fees
Audit

Volcker calls for increase in auditors' fees

22y Idris Nagri

Volcker calls for increase in auditors' fees

Paul Volcker, chairman of the trustees of the International Accounting Standards Committee, said yesterday that auditors should be paid more if compan...

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FRS 17 - who's to blame?
Audit

FRS 17 - who's to blame?

22y Idris Nagri

FRS 17 - who's to blame?

In common with many accounting standards, FRS17 requires the stable door to be locked after the horse has bolted. However in this instance it is proba...

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FRS 17: A statement for the defence
Audit

FRS 17: A statement for the defence

22y Idris Nagri

FRS 17: A statement for the defence

In many years of lecturing on and writing about accounting standards I have never seen a standard face so much criticism outside of the professional p...

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CIPFA takes qualification to Uganda
Audit

CIPFA takes qualification to Uganda

22y Idris Nagri

CIPFA takes qualification to Uganda

CIPFA is taking its first tentative steps overseas in a deal that could see the institute offering its qualification to other countries. Read More...

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ICAEW names new secretary general
Audit

ICAEW names new secretary general

22y Idris Nagri

ICAEW names new secretary general

The institute has named Peter Owen as its new secretary general following the sudden resignation of John Collier this morning. Read More...

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NEWS FLASH: John Collier resigns from institute
Audit

NEWS FLASH: John Collier resigns from institute

22y Idris Nagri

NEWS FLASH: John Collier resigns from institute

John Collier has today resigned his post as secretary general of the ICAEW. Read More...

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