Accounting News 01/2009 (Page 2)

Kingfisher saves crores by altering accounting norms (Business Standard India)

Full service carrier Kingfisher Airlines, through a change in its accounting principles, was able to save Rs 744.23 crore for the six-month period ended September 30, 2008, and Rs 129.50 crore for the quarter ended 30 September 2008. (Jan 8, 2009)

Manulife Financial Says Report of Accounting Probe Is False (Bloomberg)

Jan. 8 (Bloomberg) -- Manulife Financial Corp. said a news report yesterday about U.S. regulators investigating accounting practices at Canada’s largest insurer was “completely erroneous.” (Jan 8, 2009)

Taiwan President Advisers Suggest Temporary Halt To New Accounting Rule (Nasdaq)

TAIPEI -(Dow Jones)- Taiwan President Ma Ying-jeou's economic advisers have suggested the government temporarily halt a stricter rule on inventory accounting that went into effect Jan. 1, the Presidential Office said in a statement Thursday. (Jan 8, 2009)

Satyam’s False Accounting Needs Quick Probe, Damodaran Says (Bloomberg)

Jan. 9 (Bloomberg) -- The $1 billion accounting fraud that has edged Satyam Computer Services Ltd. to the brink of collapse needs to be quickly investigated to ensure that no other Indian company can mislead investors, a former regulator said. (Jan 9, 2009)

BUSINESS EVENT: Accounting firm announces merger (Courier-Post)

Parente Randolph, a leading mid-Atlantic accounting and consulting firm headquartered in Philadelphia, that serves clients from 12 offices throughout Pennsylvania, New Jersey, Delaware and Dallas, just announced a merger with the New Jersey firm of... (Jan 9, 2009)

Taiwan to continue new accounting rule - source (Reuters via Yahoo! Malaysia News)

TAIPEI, Jan 9 (Reuters) - Taiwan will go ahead with a newly implemented accounting rule, a source close to the top financial regulator said on Friday, despite objections from the island's Vice President Vincent Siew. (Jan 9, 2009)

Taiwan to continue new accounting rule - source (Reuters via Yahoo! Philippines News)

US boardrooms braced for increase in accounting fraud (vnunet.com)

Accountancy Age, Accountancy Age , Friday 9 January 2009 at 09:37:00 Two thirds of executives expect economic troubles to produce more suspect accounting Nearly two thirds of US executives expects the rate of accounting fraud to increase in the economic crisis, according to a poll conducted by Deloitte.... (Jan 9, 2009)

US boardrooms braced for increase in accounting fraud (Accountancy Age)

Nearly two thirds of US executives expects the rate of accounting fraud to increase in the economic crisis, according to a poll conducted by Deloitte. (Jan 9, 2009)

India's Satyam reeling from accounting scandal (The Charlotte Observer)

(By Harichandan Arakali and Andrea Tan, Bloomberg News) Satyam Computer Services Ltd., India's fourth-largest software exporter, said it is dealing with a crisis of “unimaginable proportions” after its founder admitted to $1billion of false accounting and quit the board. Interim Chief Executive Officer Ram Mynampati said Satyam may have to restate earnings and he couldn't be sure the company had ... (Jan 9, 2009)

Most EU Banks Not Using Looser Accounting Rules (SmartPros Accounting)

Jan. 7, 2009 (Associated Press) BRUSSELS, Belgium - Most European banks and blue chip companies are not using looser accounting rules allowing them to revise upward the value of complex investments which depreciated during the financial crisis, EU market supervisors said Wednesday. (Jan 9, 2009)

Take your business places with accounting outsourcing in India (PIZZAHEROS)

Accounting outsourcing in India adopts various cost effective methods that actually reduces time, money and personnel resources for its clients. (Jan 10, 2009)

(AFX UK Focus) 2009-01-10 05:52 Taiwan stocks hit 2-wk low on new accounting rule (Interactive Investor)

TAIPEI, Jan 10 (Reuters) - Taiwan stocks fell 0.78 percent to close at a two-week low on Saturday after the top financial regulator decided to stick with a controversial new accounting rule, while Asustek led technology shares lower. (Jan 10, 2009)

Deloitte in the Middle East receives global accolades for accounting training (AME Info)

Deloitte has won double global recognition for the support and accounting training programme it gives to its audit and finance staff in the Middle East. (Jan 10, 2009)

City Accounting Students Compete For Cash In Toronto (The Sudbury Star)

Whether times are good or bad, someone has to crunch the numbers. That makes accounting one of the rare professions largely immune to economic downturns [...] (Jan 10, 2009)

Arkansas accounting firm joins BKD (The Springfield News-Leader)

A Rogers, Ark., accounting firm has joined Springfield-based BKD. (Jan 10, 2009)

City Accounting Students Compete For Cash In Toronto (The Sudbury Star)

Whether times are good or bad, someone has to crunch the numbers. That makes accounting one of the rare professions largely immune to economic downturns [...] (Jan 10, 2009)

Taiwan To Fully Implement International Accounting Standards By 2012-Report (Nasdaq)

TAIPEI -(Dow Jones)- Taiwan will fully implement international accounting standards by 2012 to get on track with the world, the Central News Agency reported Saturday, quoting a Financial Supervisory Commission official. (Jan 10, 2009)

Taiwan Premier: Accounting Rule To Continue As Planned -Report (Nasdaq)

TAIPEI -(Dow Jones)- Taiwan will continue with the implementation of the stricter accounting rule on inventories that took effect Jan. 1, the Commercial Times reported Sunday quoting Premier Liu Chao-shiuan. (Jan 11, 2009)

India Inc in damage-control mode after billion-dollar fraud scandal (AFP via Yahoo! News)

A billion-dollar accounting scandal at one of India's top outsourcing firms has left the government and financial regulators scrabbling to control the damage. (Jan 11, 2009)

Third Executive of Indian Outsourcing Giant Arrested in Accounting Scandal (Washington Post)

NEW DELHI, Jan. 10 -- Indian police arrested the chief financial officer of embattled outsourcing giant Satyam Computer Services on Saturday, the third executive to be charged in a fraud scandal that threatens to roil India's flourishing technology industry. (Jan 11, 2009)

SEC report: Keep ‘mark to market’ accounting rules (BizJournals)

The U.S. Securities and Exchange Commission does not want to suspend “mark to market” accounting rules that some blame for the financial distress of U.S. banks and mortgage lenders. (Jan 12, 2009)

Final accounting of Beijing Olympics to be released (People's Daily)

The final accounting of revenues and expenditures for the Beijing Olympic Games is expected to be released in the first half of the year. Liu Jingmin, Vice Mayor of Beijing and Executive Vice President of the Beijing Organizing Committee for the Games of the XXIX Olympiad (BOCOG), said on January 10 that, as auditing for the Olympic Games' various expenditures has yet to commence, the release of ... (Jan 12, 2009)

India's Satyam to appoint new accounting firm (Reuters via Yahoo! Malaysia News)

(AFX UK Focus) 2009-01-12 12:39 India's Satyam to appoint new accounting firm (Interactive Investor)

HYDERABAD, India, Jan 12 (Reuters) - India's embattled Satyam Computer Services will appoint a new accounting firm within the next 48 hours to work on restating the accounts and declare the December quarter earnings, a member of the new board said. Working capital issues require immediate attention at the company, Deepak Parekh, a senior banker and one of the government appointees to Satyam's ... (Jan 12, 2009)

Satyam To Hire Independent Accounting Firm In Two Days (Fox News)

Satyam To Hire Independent Accounting Firm In Two Days (Jan 12, 2009)

New Satyam board meets, to get new accounting firm (Hindustan Times)

COMMENT ON THIS ! Your Views! The fraud-hit Satyam Computers will get a new accounting firm in 48 hours to restate the company's financial position and publish the third quarter results, Deepak Parekh, one of the three new board members named by the government, announced on Monday. (Jan 12, 2009)

Satyam Appointing New Accounting Firm to Restate Accounts (PC World via Yahoo! News)

The government-appointed board at financially troubled Indian outsource Satyam Computer Services has decided to appoint an accounting firm in the next 48 hours to restate the company's accounts. (Jan 12, 2009)

Despite layoffs, accounting shortages continue (Long Island Business News)

An increasing number of accountants are chasing a shrinking amount of jobs. This simple example of supply and demand has eased recruiting at Long Island’s public accounting firms, which traditionally have had trouble finding qualified professionals, especially in the middle levels. But it hasn’t solved all their problems. “I think if you took a survey of [...] (Jan 12, 2009)

New Satyam board meets, to get new accounting firm (New Kerala)

Hyderabad, Jan 12: The fraud-hit Satyam Computers will get a new accounting firm in 48 hours to restate the company's financial position and publish the third quarter results, Deepak Parekh, one of the three new board members named by the government, announced Monday. (Jan 12, 2009)

Satyam appointing new accounting firm to restate accounts (IT World)

The government-appointed board at financially troubled Indian outsourcer Satyam Computer Services has decided to appoint an accounting firm in the next 48 hours to restate the company's accounts. (Jan 12, 2009)

Local accounting firm in new office (The Evening Sun)

The new office of the accounting firm Smith Elliott Kearns & Co. LLC is on Wetzel Drive in Hanover. The company recently moved to the new building from Frederick Street in Hanover. (Jan 12, 2009)

New Satyam Board to appoint 'Independent accounting firm' (New Kerala)

Hyderabad, Jan 11 : Deferring its decision on appointment of Chairman, the new Board of beleaguered Satyam Computer Services today decided to appoint within two days an 'independent accounting firm to restate the financials and announcing of the Q3 results. (Jan 13, 2009)

13-01-2009: Living with fair value and mark-to-market accounting (The Edge Daily)

Up until the impact of the financial meltdown was felt across the globe, mark-to-market accounting which is based upon principles of fair value accounting (FVA) was a widely accepted basis for the preparation of accounts. (Jan 13, 2009)

Accounting center reduces work force (The Danville Commercial-News)

About 140 salaried employees at Walgreens Accounting Center are eligible for a buyout package that seeks to reduce about 1,000 positions throughout the entire company. (Jan 13, 2009)

ESC faulted for accounting issues (The Greenville News)

COLUMBIA -- Audits of the state trust fund for unemployment benefits that ran out of money last month have repeatedly criticized the agency operating the fund for its accounting system and for not having adequately trained staff. (Jan 13, 2009)

Reports stated that theses companies may also face some issues with accounting and compliance. (India Infoline)

Shares of Rolta, BRFL and Gammon India have plummeted after reports stated that theses companies may also face some issues with accounting and compliance. (Jan 13, 2009)

Accounting Management Solutions Names Two Business Development Directors (Marketwire via Yahoo! Finance)

Accounting Management Solutions, Inc., a leading provider of accounting, financial management, and consulting services to private, public, and nonprofit organizations, today announced the appointment of two business development directors. (Jan 13, 2009)

India orders probe into Satyam accounting fraud (Khaleej Times)

NEW DELHI - The Indian government Tuesday ordered an investigation into the Satyam accounting fraud by the country's Serious Fraud Investigation Office (SFIO), officials said. (Jan 13, 2009)

Satyam Hires Accounting Firms to Restate Accounts (PC World via Yahoo! News)

The board of Satyam Computer Services has hired two accounting firms to restate the accounts of the scandal-ridden company. (Jan 14, 2009)

China unifies accounting for dual-listed insurers (Reuters via Yahoo! Malaysia News)

SHANGHAI, Jan 14 (Reuters) - China's insurance regulator on Wednesday ordered the country's insurers with dual listings in Hong Kong and mainland China to adopt a new, uniform accounting standard starting this year. (Jan 14, 2009)

New Satyam board meets, to get new accounting firm (Hindustan Times)

Frazier & Deeter Honored as “Best Accounting Firm to Work For” (Centre Daily Times)

Frazier & Deeter, one of Atlanta’s top ten accounting firms, was ranked as the number one “Best Accounting Firm to Work For” by the publishers of Accounting Today , a leading publication in the accounting industry, and Best Companies Group. Out of 200 firms nationally, Frazier & Deeter, with 180 employees, placed first in the mid-size category on employee satisfaction, workplace experience and ... (Jan 14, 2009)

Duke OK'd to begin accounting windstorm costs — with interest (Middletown Journal)

The Public Utilities Commission of Ohio has approved Duke Energy Ohio's request to begin accounting for the costs it incurred as a result of the windstorm. The company will also be allowed to recover these costs, estimated at $31 million, with interest. (Jan 14, 2009)

Westport accounting firm grows as Madoff scandal evolves (Stamford Advocate)

A Westport accounting firm expects to be expanding its staff after offering tax recovery and forensic accounting services to individuals and organizations who believe they have lost money through investments with Bernard Madoff, president of Bernard L. (Jan 14, 2009)

Atlanta-Based Accounting Firm, Moore Colson, Recently Announced the Admission of Two New Partners (PRWeb via Yahoo! News)

Atlanta-based accounting firm, Moore Colson, recently announced the admission of two new partners. Andy Starnes, Partner, Tax Services Practice and Chris Arnone, Partner, Business Assurance Practice. Moore Colson, founded in 1981, is a full-service accounting and consulting firm located in Atlanta, Georgia, providing tax, assurance, real estate, management consulting, estate and financial ... (Jan 15, 2009)

CANADIAN ACCOUNTING STANDARDS BOARD JANUARY 9, 2009 DECISION SUMMARY (Accounting Education)

An executive summary of discussions and decisions with respect to the topics addressed at this meeting have now been posted on the CICA’s website. Topics include: International Activities; Publicly Accountable Enterprises Strategy; Private Enterprises Strategy; Credit Environment; EIC Agenda Issues; International Accounting Standards Committee Foundation's (IASCF) Constitution Review.... (Jan 15, 2009)

Duke gets accounting break for storm (The Cincinnati Enquirer)

Ohio utility regulators approved Duke Energy's request for separate accounting treatment to recover $31 million in increased expenses from the massive Sept. 14 windstorm. (Jan 15, 2009)

Marks Paneth & Shron, Leading Accounting Firm, Names Four Additional Partners and One Principal (Marketwire via Yahoo! Finance)

Accounting firm Marks Paneth & Shron LLP (MP&S) today announced that, effective January 1, 2009, the firm added four new partners and one principal. The new partners and principal have significant expertise and experience in real estate, tax consulting and planning, auditing, trusts and estates, planning for high-net-worth individuals and matrimonial issues. (Jan 15, 2009)

SEC Nominee: Changing Accounting Standards Too Expensive (Nasdaq)

WASHINGTON -(Dow Jones)- Mary Schapiro, President-elect Barack Obama's pick to be chairman of the Securities and Exchange Commission, expressed reservations Thursday about scrapping U.S. accounting standards in favor of the International Financial Reporting Standards. (Jan 15, 2009)

< prev 123 4 5 next >

apartment site | florist shopping guide | Notary Public Directory

News Archive