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Auditors divided over how market concentration should be tackled

  • Author: IAB editorial
  • Published: 10 Dec 2010

There is a divide among UK firm leaders onwhether market concentration is a problem an issue being debated in a House ofLords (HoL) Economic.... read more

Russia to ban compulsory audits for SMEs

  • Author: IAB editorial
  • Published: 18 Nov 2010

The Russian Duma has passed a federal law abolishing compulsory audits for SMEs with total assets of RUB60 million ($1.9million), up from.... read more

US CFO's call for delay to IFRS

  • Author: IAB editorial
  • Published: 11 Nov 2010

Half of US CFOs would like to see the adoption of IFRS to take place five to seven years after US GAAP and IFRS have converged, according to a.... read more

WCOA: Accountants have a key role to play

  • Author: IAB editorial
  • Published: 9 Nov 2010

KUALA LUMPUR: One of the core issues facing accountants today is the advisory role they can play in helping companies report on the impact of their.... read more

Indian profession split over Satyam audit reform

  • Author: IAB editorial
  • Published: 29 Oct 2010

The Indian auditing industry is divided over reforms that could radically change the shape of the audit market following the Satyam scandal. It.... read more

IFRS seeks comment on interpretations committee

  • Author: Lauren Mitchell
  • Published: 26 Oct 2010

A review is being made into the effectiveness of the International Financial Reporting Standards (IFRS) Interpretations Committee.The committee,.... read more

TAC issues paper on audit acceptance

  • Author: Lauren Mitchell
  • Published: 21 Oct 2010

The Forum of Firms Transnational Auditors Committee (TAC) has issued a best practice paper on client acceptance and continuance in the auditing.... read more

CPAs waiting on IFRS green light

  • Author: Lauren Mitchell
  • Published: 20 Oct 2010

CPAs in the US believe the country is in a pivotal stage in the development of uniform, high-quality global accounting standards, according to an.... read more

EC's Barnier releases audit Green Paper

  • Author: IAB editorial
  • Published: 14 Oct 2010

The European Commission has proposed radical reforms that could change the shape of the audit market, including mandatory audit rotation, a ban on.... read more

South American accountants well paid

  • Author: Lauren Mitchell
  • Published: 8 Oct 2010

Accountants in Brazil are the second highest paid in the world in relative disposable income terms, according to research conducted by accountancy.... read more

McGladrey & Pullen settles over Sentinel dispute

  • Author: IAB editorial
  • Published: 6 Oct 2010

McGladrey & Pullen and CPA firm Altschuler, Melvoin and Glasser have been ordered to pay the Securities and Exchange Commission (SEC) $1.7m.... read more

PwC UK names non-executives

  • Author: IAB editorial
  • Published: 28 Sep 2010

PwC UK has appointed five non-executives in accordance to the new governance code for audit firms Sitting on PwCs UK newly-constituted Public.... read more

Carbon emissions to emerge as assurance standard

  • Author: IAB editorial
  • Published: 21 Sep 2010

A recent PricewaterhouseCoopers (PwC) report on the carbon emission performance of the worlds largest 500 companies may be an indication of an.... read more

Deloitte enhances LDC Suite software

  • Author: IAB editorial
  • Published: 9 Jun 2010

Deloitte US has enhanced its LDC Suite software to help institutions making acquisitions in Federal Deposit Insurance Corporation-assisted.... read more

Accountancy firms awarded for community work

  • Author: IAB editorial
  • Published: 8 Jun 2010

KPMG UK, PricewaterhouseCoopers (PwC) UK and Ernst & Young UK have been presented with Big Ticks in the annual Business in the Community (BITC).... read more

CPA Australia publishes sustainability report

  • Author: IAB editorial
  • Published: 1 Jun 2010

CPA Australia remains the only professional accountancy body to issue a sustainability report that has passed a Global Reporting Initiative check,.... read more

US CFOs support lease accounting reform

  • Author: IAB editorial
  • Published: 28 May 2010

Eighty-one percent of US CFOs support the reforming of lease accounting rules and many are in favor of putting lease obligations on the balance.... read more

ACCA results show demand for accountants

  • Author: IAB editorial
  • Published: 27 May 2010

ACCAs annual results indicate healthy growth rates for member and student numbers.. read more

New members for AICPA private entity committee

  • Author: IAB editorial
  • Published: 4 May 2010

The American Institute of Certified Public Accountants (AICPA) and the Financial Accounting Standards Board (FASB) have appointed three new members.... read more

China issues internal control guidelines

  • Published: 29 Apr 2010

The firm said it will also provide clearer guidance for Chinese companies to raise management standards and adopt best practices for risk management.. read more


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