A close examination of audit and non-audit fees is to be made by the new accountancy regulator in a bid to see if they affect the impartiality of audi...
View articleInternational accounting rules could soon receive a much sought-after boost in America as a leading US accountancy institute throws its support behind...
View articleCompanies could face demands to disclose key risks in their financial statements if proposals in the company law review are adopted in the wake of the...
View articleDavid Cairns, the former secretary general of the International Accounting Standards Committee, has criticised the global standard setter for not reta...
View articleAttempts to clarify the funding of the International Accounting Standards Board could fail tomorrow after news emerged that it might publish an incomp...
View articleMore than two-thirds of individual shareholders feel the level of disclosure in annual reports is inadequate, according to investment advisory group P...
View articleIn the wake of the Enron collapse, a survey by Accountancy Age's sister title Financial Director has found the majority of British FDs back auditor ro...
View articleThe government's work and pensions secretary has held talks with the Accounting Standards Board as unease grows over discrepancies between the UK's ne...
View articleCalls for more clarity in annual reports are forcing auditors into a corner. Diana Hay says clarity will boost confidence, while Gavin Hinks says it's...
View articleLast month we launched a ten-point plan to restore faith in the accountancy profession post-Enron. Here, we publish responses from senior figures. Rea...
View articleLabour backbencher Austin Mitchell has launched his own Commons bid to outlaw auditors from carrying out accountancy consultancy work for businesses t...
View articleAn attempt is to be made to end the running controversy over funding of the International Accounting Standards Board by publishing a list of its corpo...
View articleThe government and the financial services watchdog need to step up their efforts to crack down on companies involved in 'wrong accounting' and not rel...
View articleAlmost 60% of finance directors believe companies should be forced to rotate their auditors in the wake of the Enron scandal - but less than half that...
View articleSpeaking during a Mansion House speech Patricia Hewitt, secretary for the Department of Trade & Industry, said the Treasury, the Financial Service...
View articleThe Securities and Exchange Commission has this afternoon said it will convene two days of roundtable discussions to discuss proposals for reforming f...
View articleTeeside Development Corporation has left the taxpayer with a bill of £23m following its wind-up in 1998, the National Audit Office has revealed. Read ...
View articleTrade minister Patricia Hewitt is understood to have asked Sir Peter Davis, chief executive of J. Sainsbury to lead a government review into the role ...
View articleCommons watchdog, the Public Accounts Committee, has stepped up the pressure on the Treasury over its delay in implementing the recommendations of the...
View articleThe Government Accounting Office of the US Congress is suing vice president Dick Cheney for his refusal to release details of meetings held by the cou...
View articleThe government is to launch an investigation into weaknesses in the auditing of company accounts, following the collapse of energy giant Enron and all...
View articleOn Thursday last week, Sir David Tweedie, chairman of the International Accounting Standards Board, appeared before a US Senate committee taking evide...
View articleAuditors are warning against US and international moves to include a forensic phase in the audit process which could ultimately affect UK rules. Read ...
View articleAuditing is in the spotlight as never before thanks to Enron. Every corporate failure and accounting correction is leapt upon as an 'audit failure' an...
View articleCreditors of Enron in the US have refused a $260m offer from Andersen to settle claims for damages against the firm, according to reports in the US pr...
View articleFinance directors could stop offering company share options to avoid volatility on their balance sheets if the International Accounting Standards Boar...
View articlePressured by heightened concern over best practice in the profession, CIMA is scrambling to publicise and open up its disciplinary hearings one year a...
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