At a Senate hearing investigating the Enron collapse former CEO Kenneth Lay refused to testify but made a statement asking members 'not to draw a nega...
View articleThe profession is shrugging off its boring image with the news that a movie about an 'eccentric' accountant is in the running for an Academy Award at ...
View articleThe finance chief at Scarborough Building Society has been suspended as police are called in to investigate an alleged misuse of £103,000. Read More...
View articleWith so many companies making job cuts, it seems many employers are basing decisions on what their rivals are doing. Read More...
View articleAverage salaries for accountants now top £40,000 a year - but expectations continue to run high with many expecting a 9% pay rise in 2002. Read More...
View articleThe influence of non-executive directors is set to increase in the wake of the Enron scandal, according to a new survey. Read More...
View articleKenneth Lay, embattled former chief executive of Enron, is expected to use his right to the Fifth Amendment when he appears before congressional inves...
View articleCorporate registrar, Companies House, is currently being investigated by the Office of Fair Trade which is examining whether there has been an alleged...
View articleElan, until this month Ireland's most valuable company, is facing an investigation by the US Securities & Exchange Commission, over its accounting pra...
View articleThe government's proposed new pension credit will increase spending by around 1.2% of GDP by 2050 and add a further layer of complexity to existing le...
View articleTraders will find ways around any company controls if they want to, says David Sherwin, partner in Ernst & Young's forensic services arm, who led the ...
View articleOne month on and the single currency seems to be settling in nicely. In Italy the euro has been met with particular enthusiasm, but then they've seen ...
View articleEnron, could it happen here? That was, essentially, the question posed by Financial Services Authority chairman Sir Howard Davies at the World Economi...
View articleGlobal Crossing, the bankrupt telcom, is now also under a Federal Bureau of Investigation inquiry into its accounting procedures, in addition to a cur...
View articleThe government has been urged to consider changing the law to end the conflict of interest that arises when accountants, who report to a bank on the f...
View articleDuring a day of drama in Congress yesterday, whistleblowers suggested former CEO, Jeff Skilling knew of Enron's troubles. His four ex-colleagues plead...
View articleAccountancy-related stocks have taken another turn for the worse as a depressed market rocked by the Enron scandal ignores positive news. Read More...
View articleThe finance director of leading international hotel group Millennium & Copthorne has walked after only five months in the job. Read More...
View articleIt is 2003 and Enron is launching a recruitment drive to attract the brightest young graduates - or anyone it can coax into employment in the wake of ...
View articleAfter a year of ups and downs, the world's third biggest defence contractor BAE Systems is pulling through with encouragement from The City. Read More...
View articleSomeone will pay for the Enron scandal, that much is certain. At the moment, many fingers are pointing at Andersen. But is it fair to blame the beleag...
View articleDespite the government's decision to go ahead with the part privatisation of the London Underground, fresh doubt has been thrown on to the benefits fo...
View articleKPMG has been appointed administrative receiver for Aberdeen-based company Richards, which collapsed following fierce international competition. Read ...
View articleIn the long run auditors and accountants, let alone management consultants, have more to fear from Enron than politicians; more regulation is on the c...
View articleUK finance directors are increasingly advising their companies to issue shares as a way of raising capital because debt-rating agencies are using toug...
View articleAs Congressional hearings into the Enron collapse continued in Washington yesterday, elsewhere an Andersen audit client Qwest Communications spokehigh...
View articleLord Wakeham, the former Energy secretary and chartered accountant, is set to admit that he voiced concerns over Enron's accounting policies, accordin...
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