The Bank of England would have the power to fine or ban accounting firms from working in financial services under proposals setting out how the UK central bank’s regulation ... Read More
CEO drawn into tax scandal as calls grow to prosecute HSBC for ‘cheating’ the British tax system HSBC’s chief executive Stuart Gulliver sheltered millions of pounds in bonuses in a ... Read More
ACCA has today announced the appointment of Alan Hatfield to the role of Executive Director – Strategy and Development. A graduate of Glasgow University and a member of the ... Read More
The Securities and Exchange Commission today imposed sanctions against four China-based accounting firms that had refused to turn over documents related to investigations of potential fraud. The China-based firms ... Read More
The UK accountancy watchdog said on Tuesday it had fined KPMG a total of £390,000 for putting commercial considerations above ethical standards for auditors in two separate cases of ... Read More
The international standard for Business Continuity – ISO 22301 – has been awarded to ACCA (the Association of Chartered Certified Accountants). ACCA was recently audited by the British Standards ... Read More
The Irish tax authority, the Revenue Commissioners, has confirmed that taxpayers who have engaged in certain tax avoidance transactions may avail themselves of a new settlement opportunity, which is ... Read More
Baker Tilly International has reported annual revenues of US$3.6bn for the financial year ending 30 June 2014, a year-on-year increase of 5%. The network’s ranking has been maintained as ... Read More
With debate around the rationale for global accounting standards continuing throughout 2014, there is still concern expressed about the use of International Financial Reporting Standards (IFRS), with some policymakers ... Read More
KPMG issued a press release saying that: Audit committees cite uncertainty, volatility and high risk environment as top challenges in 2015 More Boards Reallocating Oversight Duties as Risk Environment ... Read More
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