NAO will audit building of new Wembley
Audit

NAO will audit building of new Wembley

22y our parliamentary staff

NAO will audit building of new Wembley

The National Audit Office has being given the go-ahead to audit the building of the controversial new Wembley Stadium. Read More...

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Government rejects call for UK accounting inquiry
Audit

Government rejects call for UK accounting inquiry

22y our parliamentary staff

Government rejects call for UK accounting inquiry

The government has rejected a call for an inquiry into the implications for UK corporate accounting practice following the collapse of Enron on the gr...

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FDs urged to prepare for IAS switch over
Audit

FDs urged to prepare for IAS switch over

22y Michelle Perry , Writer

FDs urged to prepare for IAS switch over

Finance directors should start focusing on accounting developments at a global level as the 2005 deadline for the switch over nears, warns mid-tier fi...

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Sweet boost to Andersen's confidence
Audit

Sweet boost to Andersen's confidence

22y Alex Miller.

Sweet boost to Andersen's confidence

Under-fire Andersen has received a boost after the board of FTSE-100 client Cadbury Schweppes, 'unanimously' recommended the firm be retained as its a...

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IASB says it is independent of corporate influence
Audit

IASB says it is independent of corporate influence

22y Larry Schlesinger , Writer

IASB says it is independent of corporate influence

Global standard setter, the International Accounting Standards Board, claims its decision not to release the names of its corporate backers is not an ...

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Tweedie pushes US to adopt global rules
Audit

Tweedie pushes US to adopt global rules

22y Michelle Perry , Writer

Tweedie pushes US to adopt global rules

Sir David Tweedie, chairman of the International Accounting Standards Board yesterday appeared to be using the Enron crisis to push the US to endorse ...

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Call grows for auditor rotation
Audit

Call grows for auditor rotation

22y AccountancyAge.com

Call grows for auditor rotation

The chief of a leading investment consultancy has joined the growing chorus of industry leaders calling for compulsory auditor rotation. Read More...

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Can ICAEW win this fight?
Audit

Can ICAEW win this fight?

22y Accountancy Age

Can ICAEW win this fight?

Our revelation today that the ICAEW’s council is set to recommend a hike in membership fees will surprise few members, least of all Howard Leigh...

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Government told to open its books
Audit

Government told to open its books

22y Accountancy Age

Government told to open its books

National Audit Office role to be expanded to improve scrutiny of Whitehall finances. Read More...

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US watchdog urged to resist auditor rotation
Audit

US watchdog urged to resist auditor rotation

22y Philip Smith.

US watchdog urged to resist auditor rotation

The UK accounting profession yesterday urged the US Securities & Exchange Commission to resist demands for compulsory auditor rotation and restric...

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Tweedie tells US to prepare for controversy
Audit

Tweedie tells US to prepare for controversy

22y Accountancy Age

Tweedie tells US to prepare for controversy

At a Senate committee hearing today, Sir David Tweedie, chairman of the International Accounting Standards Board, called for the adoption of internati...

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US watchdog urged against auditor rotation
Audit

US watchdog urged against auditor rotation

22y Philip Smith.

US watchdog urged against auditor rotation

The UK accounting profession yesterday urged the US Securities & Exchange Commission to resist demands for compulsory auditor rotation and restric...

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PwC issues standards challenge
Audit

PwC issues standards challenge

22y Michelle Perry , Writer

PwC issues standards challenge

UK and global standard-setters were this week facing the first open challenge to their authority with the launch of a standards' rating tool by Pricew...

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Rotation: not the profession's biggest threat
Audit

Rotation: not the profession's biggest threat

22y Michelle Perry , Writer

Rotation: not the profession's biggest threat

Auditor rotation is not the panacea to erase doubts over the profession's independence and objectivity in audit contracts, warns the head of audit at ...

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Manifesto: should we rotate the auditors?
Audit

Manifesto: should we rotate the auditors?

22y Accountancy Age

Manifesto: should we rotate the auditors?

Debate around the Accountancy age manifesto for change in the profession continues this week on the subject of auditor rotation. KPMG's Ted Awty says ...

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Wakeham to quit Enron board
Audit

Wakeham to quit Enron board

22y Philip Smith.

Wakeham to quit Enron board

Lord Wakeham is one of six directors to quit the Enron board according to an announcement filed by the company last night. Read More...

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SunTrust drops Andersen
Audit

SunTrust drops Andersen

22y Michelle Perry , Writer

SunTrust drops Andersen

Andersen has been dropped as auditor by SunTrust, the US banking group, in favour of PricewaterhouseCoopers. Read More...

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Audit powers boost for Commons bodies
Audit

Audit powers boost for Commons bodies

22y our parliamentary staff

Audit powers boost for Commons bodies

House of Commons Select Committees are to get new powers, staff and money to scrutinise the accounts and financial affairs of every government departm...

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IASB urged against adopting 'rulebook' approach
Audit

IASB urged against adopting 'rulebook' approach

22y Michelle Perry , Writer

IASB urged against adopting 'rulebook' approach

Accountants and standards setters are urging the International Accounting Standards Board to reaffirm its commitment to principles-based standards. Re...

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Teachers Pension Scheme fails to satisfy Bourn
Audit

Teachers Pension Scheme fails to satisfy Bourn

22y our parliamentary staff

Teachers Pension Scheme fails to satisfy Bourn

Comptroller and auditor general Sir John Bourn has qualified his certificate on the Teachers Pension Scheme because too many local authorities have fa...

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ICAS hits out at 'sceptical public'
Audit

ICAS hits out at 'sceptical public'

22y Michelle Perry , Writer

ICAS hits out at 'sceptical public'

ICAS president Andrew Christie has lashed out at critics of auditors, urging a move to reestablish the balance of blame. Read More...

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Independence must be 'specifically considered'
Audit

Independence must be 'specifically considered'

22y Larry Schlesinger , Writer

Independence must be 'specifically considered'

Auditors and audit committees might believe they operate independently, and if this is not the perception there will be no confidence in capital marke...

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Debating the manifesto
Audit

Debating the manifesto

22y Accountancy Age

Debating the manifesto

Following publication of Accountancy Age's manifesto last week, key figures in the profession will be debating our proposals. Gerry Acher sees merit, ...

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David Walker...The corridors of power
Audit

David Walker...The corridors of power

22y Accountancy Age

David Walker...The corridors of power

In the long run auditors and accountants, let alone management consultants, have more to fear from Enron than politicians; more regulation is on the c...

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Berardino says: 'I don't know'
Audit

Berardino says: 'I don't know'

22y Accountancy Age

Berardino says: 'I don't know'

Andersen chief Joseph Berardino yesterday used accounting rules and a lack of knowledge to fight many accusations and tough questions thrown at him fo...

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FDs warned against 'wrong accounting'
Audit

FDs warned against 'wrong accounting'

22y Michelle Perry , Writer

FDs warned against 'wrong accounting'

Finance directors should be on their guard against massaging company profits as economic pressures mount and profit warnings soar, accountants have be...

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Unions call for Wakeham investigation
Audit

Unions call for Wakeham investigation

22y Philip Smith.

Unions call for Wakeham investigation

Lord Wakeham looked set to face an ICAEW investigation after trade unionists complained about the former Tory energy minister's role in the Enron affa...

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