Hong Kong market to open up to Mainland firms
Mainland Chinese audit firms could soon compete for Hong Kong-listed clients in a move that could have a dramatic impact…
Month: March 2009
Firms unconcerned about EU micro-entity exemption plans
New EU proposals to abolish financial reporting requirements for micro-entities will have a negligible impact on the bottom line of…
ByDeloitte, PwC put forward bids for BearingPoint’s US practices
Leading US accounting firms are in the process of securing significant assets of bankrupt consultancy BearingPoint. Deloitte US has signed…
Fee pressure strikes firms in Spain
New tax and accounting rules in Spain have come at the worse possible moment, according to the International Accounting Bulletin’s…
Australian mid-tier firm appoints inaugural chief operating officer
Grant Thornton Australia has appointed its inaugural chief operating officer to lead operational activities at the recently formed national firm.…
Price Waterhouse reveals more auditors linked to Indian fraud
Indian firm Price Waterhouse has named two more auditors in connection to the Satyam fraud. The alleged involvement of P…
SEC charges Madoff auditor
The auditors of Bernard Madoff’s broker-dealer firm carried out partial audits and insufficient checks on internal controls, which helped cover…
Former BDO Seidman vice-chair found guilty of tax fraud
A former BDO Seidman vice-chairman has pleaded guilty to conspiring to defraud the US government through tax shelter transactions involving…