Unlisted companies to get IFRS option
Audit

Unlisted companies to get IFRS option

23y Paul Grant

Unlisted companies to get IFRS option

Unlisted companies will be able to adopt the International Financial Reporting Standards that will be introduced in 2005, the government has announced...

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Andreasen: 'I want Commission job'.
Audit

Andreasen: 'I want Commission job'.

23y Accountancy Age

Andreasen: 'I want Commission job'.

Marta Andreasen, the former chief accountant of the European Commission who was suspended last year after blowing the whistle on EU accounts, has writ...

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Liability cap hits delay
Audit

Liability cap hits delay

23y Paul Grant

Liability cap hits delay

The drive by the accountancy profession to get a limit on the liability of auditors put into law has hit a setback after trade and industry secretary ...

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FRC seeks budget approval from UK plc
Audit

FRC seeks budget approval from UK plc

23y Paul Grant

FRC seeks budget approval from UK plc

The ambitious budget for the new, more powerful, Financial Reporting Council should be confirmed by September after its chairman Sir Bryan Nicholson a...

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Accountants venture into The Darkness
Audit

Accountants venture into The Darkness

23y Larry Schlesinger

Accountants venture into The Darkness

Even heavy metal bands need accountants. This time it's The Darkness who have turned to Clement Keys for business advice. Read More...

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Institutes report drop in dodgy auditors
Audit

Institutes report drop in dodgy auditors

23y Paul Grant

Institutes report drop in dodgy auditors

The Department for Trade and Industry today released the annual report on audit regulation from the ICAEW, ICAS and ICAI with standards seemingly impr...

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Audit report on SEC finds accounts 'may be misstated'
Audit

Audit report on SEC finds accounts 'may be misstated'

23y Paul Grant

Audit report on SEC finds accounts 'may be misstat...

The US Securities and Exchange Commission was left red-faced last week after the financial watchdog was found to have several flaws in its accounts. R...

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Brussels subsides to help farmers
Audit

Brussels subsides to help farmers

23y Liesbeth Evers

Brussels subsides to help farmers

The new EU Common Agricultural Policy reform will shake up revenue recognition issues surrounding agricultural subsidies and could bring a windfall to...

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Cranfield offers audit committee training
Audit

Cranfield offers audit committee training

23y Larry Schlesinger

Cranfield offers audit committee training

Cranfield University has launched a new series of training seminars for audit committee members, following a recent report, which highlighted the inad...

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The Debate: Accounting for emissions
Audit

The Debate: Accounting for emissions

23y Accountancy Age

The Debate: Accounting for emissions

Is the guidance on accounting for emissions rights a murky issue? John Kellas says it is too complex, while Chris Dobson says it is heading in the rig...

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Wong blasts IASB for neglecting SMEs
Audit

Wong blasts IASB for neglecting SMEs

23y David Rae

Wong blasts IASB for neglecting SMEs

Sam Wong, the newly appointed president of ACCA, has slammed the International Accounting Standards Board for overlooking the needs of smaller compani...

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Auditors left in the dark as OFR is welcomed
Audit

Auditors left in the dark as OFR is welcomed

23y Larry Schlesinger

Auditors left in the dark as OFR is welcomed

The implementation of a mandatory operating and financial review for large UK companies may benefit shareholders and stakeholders, but has done little...

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Ahold discovers new £50m hole in its accounts
Audit

Ahold discovers new £50m hole in its accounts

23y Paul Grant

Ahold discovers new £50m hole in its accounts

Under-fire Dutch supermarket chain Ahold has revealed yet another large hole in its accounts, this time worth €73m (£50m) as the company looks to put ...

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NAO to order special reviews of BBC accounts
Audit

NAO to order special reviews of BBC accounts

23y our parliamentary staff

NAO to order special reviews of BBC accounts

The long-running dispute over National Audit Office access to the BBC's accounts seems to be at end after a compromise deal was spelled out in the Hou...

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Tory rage after EC internal auditor quits
Audit

Tory rage after EC internal auditor quits

23y AccountancyAge.com

Tory rage after EC internal auditor quits

The Conservative party has urged the government to do more to tackle corruption in Europe after the European Commission's chief internal auditor annou...

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IASB and banks on the brink of deal
Audit

IASB and banks on the brink of deal

23y Liesbeth Evers

IASB and banks on the brink of deal

European banks and the international accounting regulator have set aside their major differences on financial reporting rules on derivatives. Read Mor...

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Iraq oil exports resume without auditor
Audit

Iraq oil exports resume without auditor

23y Liesbeth Evers

Iraq oil exports resume without auditor

Iraqi oil exports resumed on Sunday amid uncertainty about whether there was an independent auditor in place to ensure revenues are used to get the wa...

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NAO to probe Network Rail accounts
Audit

NAO to probe Network Rail accounts

23y AccountancyAge.com

NAO to probe Network Rail accounts

Public spending watchdog, the National Audit Office, will investigate the accounts of Network Rail, the railway infrastructure company that replaced R...

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IBM customers face audit threat
Audit

IBM customers face audit threat

23y Peter Williams

IBM customers face audit threat

SCO, the SME software provider, has warned that it may exercise its rights to audit IBM customers that use its unix operating system, as part of a $3b...

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IFRS paves way for 2005
Audit

IFRS paves way for 2005

23y Paul Grant

IFRS paves way for 2005

The release of the first full international financial reporting standard has been welcomed by accountants, but there are warnings that company account...

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Ex-Deloittes partner to face tribunal
Audit

Ex-Deloittes partner to face tribunal

23y Larry Schlesinger

Ex-Deloittes partner to face tribunal

A former audit partner at Deloitte & Touche will face complaints from the profession's disciplinary body in relation to him acquiring a luxury veh...

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Forensic accounting grows in popularity
Audit

Forensic accounting grows in popularity

23y AccountancyAge.com

Forensic accounting grows in popularity

The spate of accounting scandals over the last 18 months has helped spark interest in one of the more interesting sides of the profession - forensic a...

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Keeping your career on track
Audit

Keeping your career on track

23y AccountancyAge.com

Keeping your career on track

Contemplating a move out of accounting and finance? Think again. Last year managers and directors in this sector saw the biggest pay rises across the ...

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ACCA on brink of finding chief exec
Audit

ACCA on brink of finding chief exec

23y Larry Schlesinger

ACCA on brink of finding chief exec

ACCA is on the brink of ending its two-year search for a chief executive officer, a move that would allow current CEO Anthea Rose to start her postpon...

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First new international standard published
Audit

First new international standard published

23y Paul Grant

First new international standard published

The first full standard that companies listed in the EU will be required to adopt by 2005 has been published today by the International Accounting Sta...

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Barings case could usher in proportional liability
Audit

Barings case could usher in proportional liability

23y Accountancy Age

Barings case could usher in proportional liability

The wider public may be sceptical, but as we reveal this week, even the accountancy business isn't united in the view that audit firms should be allow...

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Spies' accounts in danger of qualification - again
Audit

Spies' accounts in danger of qualification - again

23y our parliamentary correspondent

Spies' accounts in danger of qualification - again

The accounts of Britain's spies are in serious danger of being qualified for the fourth consecutive year - according to a heavily censored report from...

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