| E&Y in UK probe over Lehman 'gimmick' | | Telegraph - 4 Hours ago | | The Financial Reporting Council (FRC) plans to examine whether the failed investment bank's "Repo 105" transactions were audited correctly in the UK. It said yesterday: "The FRC is ascertaining the facts | | | | Add Comment |
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| PwC sets terms for Bengal bash | | Calcutta Telegraph - 10 Hours ago | | Calcutta, March 15: PricewaterhouseCoopers (PwC) is looking to pump money into a new facility at Salt Lake's Sector V. But before it commits any investment, the tax advisory and audit firm wants a reassuring | | | | Add Comment |
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| Grow local car sales or shut plants - KPMG | | Business Report - 7 Hours ago | | y Roy Cokayne South Africa should stop manufacturing cars if half of them were exported and the country did not become a low-cost production location, said Gavin Maile, the Africa automotive director | | | | Add Comment |
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| China alters accounting system to reduce deficit | | China Economic Review - 8 Hours ago | | China's Ministry of Finance (MoF) changed the way it accounts for government spending so that the spending deficit for 2010 remains below 3% of GDP, the Wall Street Journal reported. The change, which | | | | Add Comment |
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| E&Y under scrutiny | | Daily Express - 10 Hours ago | | THE auditing watchdog has launched a probe into the role of accountants Ernst & Young in the steps that Lehman Brothers took to hide $50billion (£33billion) debt from its balance sheet. The Financial | | | | Add Comment |
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| Ex-Sars auditor loses appeal | | Daily Dispatch - 5 Hours ago | | AN APPEAL application by a former auditor employed at the SA Revenue Service (Sars) in East London was dismissed by the Supreme Court of Appeal yesterday. Akash Lachman was convicted in the East London | | | | Add Comment |
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| UK probes E&Y Lehman accounts | | FT Alphaville - 6 Hours ago | | Ernst & Young is set to face questioning from the UKâ??s audit watchdog over how some of the transactions carried out by Lehman Brothers were accounted for in London. The firm... | | | | Add Comment |
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| Auditors enjoy a new calling | | Times Online - 10 Hours ago | | The reputation of auditors may be under renewed threat, thanks to Ernst & Youngs work for Lehmans, but in some parts of the business world they are in heavy demand. A swath of senior partners at City | | | | Add Comment |
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