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...
View articleThe Chartered Institute of Management Accountants says it will set up a six-man working group to investigate auditor independence, an issue brought to...
View articleAndersen client Pennzoil-Quaker State revealed in an SEC filing yesterday that it will restate its financials back to 1999, while bankrupt telecom ope...
View articlePricewaterhouseCoopers has confirmed that it has resigned as auditor from luxury department store Harrods. Read More...
View articleBeleaguered accountant Andersen yesterday announced that it has hired an independent overseer and confirmed that it will discontinue offering IT consu...
View articleUnilever has said it has already begun its tender process for its external audit contract currently held by PricewaterhouseCoopers. Read More...
View articleThe Liberal Democrats have called for firms to publish their own annual reports, following the fallout from the Enron affair and just a day after Acco...
View articleA client drift away from under-siege Andersen could have started today, after it was revealed US hospitality operator Hard Rock Hotel has axed the fir...
View articleThe practice of off-balance sheet financing, which figured heavily in Enron's demise, is to undergo a shake up as US regulators move to tighten rules,...
View articleKPMG and PricewaterhouseCoopers bit the bullet yesterday and said placing restrictions on services provided by audit firms should open the way for lar...
View articleThere are few people more qualified to judge the merits of a ten-point plan for financial change than regular Accountancy Age columnist Sir Peter Kemp...
View articleAccountancy is under the spotlight like never before. But headlines aside, technological developments and globalisation mean the profession must consi...
View articleChange to the accountancy profession sometimes seems to take an unnecessarily long time but there are now a plethora of regulatory bodies with various...
View articleAccountancy Age this week publishes a ten-point plan designed to rescue the battered reputation of the accountancy profession. Read More...
View articleWith confidence in the profession dipping to what may be an all-time low following events surrounding the Enron scandal, Accountancy Age embarks on th...
View articleWhat are the optimal conditions for a profession to operate most effectively for all concerned? Read More...
View articleLegislation needed to reform the accountancy profession would probably have to wait for a year or more because of congestion in the government's progr...
View articleOn the frontline: America's Securities and Exchange Commission chief, Harvey Pitt, has been thrust into the Enron spotlight despite concerns over his ...
View articleThe Accountancy Foundation was set up to secure public confidence in the accountancy profession in the light of some high profile corporate failures d...
View articleLord Wakeham, the embattled peer and chartered accountant, has stood down as chairman of the Press Complaints Commission until his involvement in the ...
View articleIs the IFAC doing enough to deliver on global accounting standards? Graham Ward believes its work is more important than ever, post-Enron. But Peter W...
View articleIt might seem prescient but in truth we had been planning to produce an accountancy 'manifesto' for some weeks. And while the events of the last few w...
View articleAstonishingly, until the weekend, the collapse of Enron had caused little more than a raised eyebrow in the House of Commons. But you can be sure that...
View articleAlmost one in three of the UK's finance directors have had their confidence shaken in the UK audit profession by the scandal surrounding the collapse ...
View articleA deadline to have company audits signed off under international audit standards - made even more urgent in the wake of the collapse of energy giant E...
View articleAndersen's kudos came under more pressure yesterday as NYC hauled the firm in for a review, as another bankrupt audit client, Global Crossing, defende...
View articleA lot has been said about Andersen's involvement in the multi-billion dollar collapse of US energy giant Enron, and much of it has generated a lot of ...
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