Plans for auditor rotation afoot
Audit

Plans for auditor rotation afoot

22y Idris Nagri

Plans for auditor rotation afoot

Public companies could soon be forced to rotate their auditors every few years to avoid relationships becoming overfamiliar. Read More...

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Two stand for VP of ICAEW
Audit

Two stand for VP of ICAEW

22y Idris Nagri

Two stand for VP of ICAEW

Two institute council members are standing against each other in the election for vice president of the ICAEW, it was announced today. Read More...

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Auditor 'sacking' causes Schroders 'pain'
Audit

Auditor 'sacking' causes Schroders 'pain'

22y Idris Nagri

Auditor 'sacking' causes Schroders 'pain'

Listed fund manager Schroders, which last week admitted to accounting errors, has flatly denied a report in the weekend papers claiming it may seek to...

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Berardino says Enron collapse was economics
Audit

Berardino says Enron collapse was economics

22y Idris Nagri

Berardino says Enron collapse was economics

The CEO of embattled accountancy firm Andersen claimed yesterday that Enron's failure was a question of economics rather than illegal business practic...

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First Big Five move to defend profession after Enron
Audit

First Big Five move to defend profession after Enron

22y Idris Nagri

First Big Five move to defend profession after Enr...

The first public moves by the Big Five to defend the profession in the wake of the Enron scandal have been made by the UK managing partner of Pricewat...

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Still no go for a global exam
Audit

Still no go for a global exam

22y Idris Nagri

Still no go for a global exam

An inability to agree substantial uniformity is holding up moves to forge a truly global business qualification for the accounting profession, warns t...

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Do we need a global qualification?
Audit

Do we need a global qualification?

22y Idris Nagri

Do we need a global qualification?

Time for a global accountancy qualification? No, says Anthea Rose - ACCA's exams are already marked to an international standard. John Collier, howeve...

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Enron board gives Andersen the sack
Audit

Enron board gives Andersen the sack

22y Idris Nagri

Enron board gives Andersen the sack

The board of collapsed energy company Enron has voted to discharge Andersen as its auditor. Read More...

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Queen's FD reviews Royal train
Audit

Queen's FD reviews Royal train

22y Idris Nagri

Queen's FD reviews Royal train

Plans to review the future of the Royal Train at the end of Jubilee Year in a bid to cut costs for the Queen have been revealed by former KPMG partner...

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Memoirs of a whistleblower
Audit

Memoirs of a whistleblower

22y Idris Nagri

Memoirs of a whistleblower

The man at the centre of exposing some of the worst government scandals of the past decade has retired - threatening to write his memoirs. Read More...

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SEC to outline new US watchdog
Audit

SEC to outline new US watchdog

22y Idris Nagri

SEC to outline new US watchdog

US regulators will today outline a new regulatory framework for the accounting profession as it grapples with the fallout from the Enron collapse and ...

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Treasury pushed to answer Sharman
Audit

Treasury pushed to answer Sharman

22y Idris Nagri

Treasury pushed to answer Sharman

Tory peer Baroness Noakes has thrown her weight behind the Sharman report on central government accoutability, demanding a response from the Treasury....

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Treasury pushed to answer Sharman
Audit

Treasury pushed to answer Sharman

22y Idris Nagri

Treasury pushed to answer Sharman

Tory peer Baroness Noakes has thrown her weight behind the Sharman report on central government accoutability, demanding a response from the Treasury....

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Land Rover calls for KMPG 'blacklist'
Audit

Land Rover calls for KMPG 'blacklist'

22y Idris Nagri

Land Rover calls for KMPG 'blacklist'

A call for car manufacturers to boycott Big Five firm KPMG following a public clash with Land Rover fell on deaf ears this week Read More...

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A profession in tatters
Audit

A profession in tatters

22y Idris Nagri

A profession in tatters

Scandals in the Big Five raise fundamental questions about trust and independence. Read More...

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New accounting rules for Lloyd's of London
Audit

New accounting rules for Lloyd's of London

22y Idris Nagri

New accounting rules for Lloyd's of London

Lloyd's of London is expected to annnounce a radical overhaul of its accounting rules tomorrow. Read More...

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Concerns over XKO's accounts
Audit

Concerns over XKO's accounts

22y Idris Nagri

Concerns over XKO's accounts

Financial monitor Company Reporting has raised concerns over the earnings per share calculation at software group XKO. Read More...

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No more accountants on the rails
Audit

No more accountants on the rails

22y Idris Nagri

No more accountants on the rails

The new chief of the Strategic Rail Authority has announced today that the days of accountants running the railways are numbered. Read More...

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Andersen denies Big Five merger plans
Audit

Andersen denies Big Five merger plans

22y Idris Nagri

Andersen denies Big Five merger plans

Wounded Big Five firm Andersen have today denied it is considering a merger with one of its Big Five rivals, in a bid to stave off the threat of 'goin...

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Andersen fights to keep top clients
Audit

Andersen fights to keep top clients

22y Idris Nagri

Andersen fights to keep top clients

Embattled Big Five firm Andersen has been fighting to keep some of its largest US clients since it admitted last week to destroying Enron documents. R...

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JDS reprimands Barings' FD
Audit

JDS reprimands Barings' FD

22y Idris Nagri

JDS reprimands Barings' FD

Simon Jones, former boss of rogue trade Nick Leeson at the collapsed Barings Bank, has been severely reprimanded and ordered to pay costs for his 'ine...

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Andersen confession sets tone for 2002
Audit

Andersen confession sets tone for 2002

22y Idris Nagri

Andersen confession sets tone for 2002

Last year it was an accountancy standard-setter. This year a Big Five senior partner tops the list of most influential accountants, though for very di...

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£17.2m audit fee record
Audit

£17.2m audit fee record

22y Idris Nagri

£17.2m audit fee record

The largest audit fee paid among FTSE-100 is a staggering £17.2m, according to the latest annual survey by Accountancy Age's sister title, Financial D...

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New year - new faces
Audit

New year - new faces

22y Idris Nagri

New year - new faces

In a profession keener than most on handing out gongs, chains of office and honorary titles it is easy to get confused about where real power lies. Re...

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ACCA loses new chief
Audit

ACCA loses new chief

22y Idris Nagri

ACCA loses new chief

ACCA this week admitted it may not have a new chief executive in place until November following the shock withdrawal of Anthea Rose's expected replace...

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Accountant loses Ogmore by-election
Audit

Accountant loses Ogmore by-election

22y Idris Nagri

Accountant loses Ogmore by-election

South Wales accountant Russell Goodway suffered a humiliating defeat in his attempt to be selected to stand as Labour candidate on the forthcoming Ogm...

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HSBC tops audit fee survey
Audit

HSBC tops audit fee survey

22y Idris Nagri

HSBC tops audit fee survey

HSBC had the biggest audit fee in the FTSE-100 for the second year running, according to the fifth annual survey by Accountancy Age's sister publicati...

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