AIB: controls can be circumvented
Business Recovery

AIB: controls can be circumvented

22y Larry Schlesinger , Writer

AIB: controls can be circumvented

Traders 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 ...

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Italians take to the euro ... again.
Company News

Italians take to the euro ... again.

22y Accountancy Age

Italians take to the euro ... again.

One 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 ...

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Yes, it could happen here.
Company News

Yes, it could happen here.

22y Accountancy Age

Yes, it could happen here.

Enron, could it happen here? That was, essentially, the question posed by Financial Services Authority chairman Sir Howard Davies at the World Economi...

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FBI joins inquiry into Global Crossing
Business Recovery

FBI joins inquiry into Global Crossing

22y AccountancyAge.com

FBI joins inquiry into Global Crossing

Global Crossing, the bankrupt telcom, is now also under a Federal Bureau of Investigation inquiry into its accounting procedures, in addition to a cur...

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Government urged to change receivership laws
Business Recovery

Government urged to change receivership laws

22y our parliamentary staff

Government urged to change receivership laws

The 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...

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Former Enron CEO says: 'Don't blame me'
Company News

Former Enron CEO says: 'Don't blame me'

22y Accountancy Age

Former Enron CEO says: 'Don't blame me'

During a day of drama in Congress yesterday, whistleblowers suggested former CEO, Jeff Skilling knew of Enron's troubles. His four ex-colleagues plead...

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Accountancy index hits new low
Company News

Accountancy index hits new low

22y Adriana Zea , Contributor

Accountancy index hits new low

Accountancy-related stocks have taken another turn for the worse as a depressed market rocked by the Enron scandal ignores positive news. Read More...

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No room for hotel FD
Company News

No room for hotel FD

22y Philip Smith.

No room for hotel FD

The finance director of leading international hotel group Millennium & Copthorne has walked after only five months in the job. Read More...

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Corporate reputation and branding
Company News

Corporate reputation and branding

22y Accountancy Age

Corporate reputation and branding

It 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 ...

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Bombs away for BAE
Company News

Bombs away for BAE

22y Adriana Zea , Contributor

Bombs away for BAE

After 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...

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Inside Andersengate
Company News

Inside Andersengate

22y Philip Smith.

Inside Andersengate

Someone 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...

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E&Y report fails to quash Tube doubts
Company News

E&Y report fails to quash Tube doubts

22y Philip Smith.

E&Y report fails to quash Tube doubts

Despite 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...

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KPMG apppointed administrator at carpet maker
Business Recovery

KPMG apppointed administrator at carpet maker

22y Adriana Zea , Contributor

KPMG apppointed administrator at carpet maker

KPMG has been appointed administrative receiver for Aberdeen-based company Richards, which collapsed following fierce international competition. Read ...

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Enron: Ministers are squirming
Company News

Enron: Ministers are squirming

22y Accountancy Age

Enron: Ministers are squirming

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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Companies urged to issue shares to refinance
Corporate Finance

Companies urged to issue shares to refinance

22y Adriana Zea , Contributor

Companies urged to issue shares to refinance

UK finance directors are increasingly advising their companies to issue shares as a way of raising capital because debt-rating agencies are using toug...

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Client rallies for Andersen
Company News

Client rallies for Andersen

22y Accountancy Age

Client rallies for Andersen

As Congressional hearings into the Enron collapse continued in Washington yesterday, elsewhere an Andersen audit client Qwest Communications spokehigh...

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Wakeham doubted Enron policies
Company News

Wakeham doubted Enron policies

22y Michelle Perry , Writer

Wakeham doubted Enron policies

Lord 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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'Federal Mogul collapse distorts the truth'
Business Recovery

'Federal Mogul collapse distorts the truth'

22y Adriana Zea , Contributor

'Federal Mogul collapse distorts the truth'

Fourth-quarter insolvency figures are distorted because of the collapse of Federal Mogul and reflect the effects of 11 September on the UK, according ...

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Smith & Williamson sell TCT international
Business Recovery

Smith & Williamson sell TCT international

22y Adriana Zea , Contributor

Smith & Williamson sell TCT international

Smith & Williamson partners Ian Allan and Mike Stevenson have sold 3D imaging software developer TCT International to 3Q Technologies as a going conce...

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Funds call for audit disclosure
Company News

Funds call for audit disclosure

22y Philip Smith.

Funds call for audit disclosure

A leading investment fund manager has called for greater disclosure of the links between company directors and auditors in the wake of the Enron disas...

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AIB hit by $750m fraud
Company News

AIB hit by $750m fraud

22y Philip Smith.

AIB hit by $750m fraud

Allied Irish Bank has called in the FBI after it was hit by a multi-million dollar fraud in one of its US subsidiaries. Read More...

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Brown orders accounting review
Company News

Brown orders accounting review

22y Philip Smith.

Brown orders accounting review

Gordon Brown has ordered an urgent review of the UK accounting profession amid fears that an Enron-style disaster could hit the UK. Read More...

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M&A market continues to develop
Corporate Finance

M&A market continues to develop

22y Michelle Perry , Writer

M&A market continues to develop

Despite economic prospects looking less than rosy, corporate finance experts at mid-tier firm Grant Thornton said the market for mergers and acquisiti...

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Poor governance could lead to takeovers
Corporate Finance

Poor governance could lead to takeovers

22y Philip Smith.

Poor governance could lead to takeovers

Corporate governance shortcomings could leave companies vulnerable to a takeover bid, according to research from KPMG. Read More...

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Enron CEO vanishes
Company News

Enron CEO vanishes

22y Michelle Perry , Writer

Enron CEO vanishes

Kenneth Lay, former chief executive of collapsed energy giant Enron, has disappeared just as US officials were about to serve a writ forcing him to su...

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EMI names new finance crew amid profits warning
Company News

EMI names new finance crew amid profits warning

22y Larry Schlesinger , Writer

EMI names new finance crew amid profits warning

Music publishing giant EMI Group has today announced the appointment of new chief financial officers for the group and its subsidiary business, EMI Re...

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Dixons finance chief takes over at BT
Company News

Dixons finance chief takes over at BT

22y Larry Schlesinger , Writer

Dixons finance chief takes over at BT

BT has today announced the appointment of Ian Livingston as group finance director from high street electronics giant Dixons. Read More...

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