PwC Executive Says Changing Standards Will Improve U.S. Competitiveness Dennis Nally (pictured), PricewaterhouseCoopers U.S. chairman, called for a shift in accounting standards away from U.S. GAAP toward International Financial Reporting Standards (IFRS). In his speech, Nally urged members of the … Continued
You’d think that every CPA would be on the same side in this fight. But just as the New York CPA society, led by CEO Lou Grumet, nears a compromise with state lawmakers to advance mobility, some of the biggest … Continued
KANSAS CITY, Mo. – H&R Block Inc. (NYSE: HRB) today reported tax season results for the interim periods March 1 -15, 2008 and Nov. 1, 2007 – March 15, 2008. Excluding lending-products-only clients, Economic Stimulus Package (ESP) rebate filers, and … Continued
The predictable next phase of the subprime story. The “Blame the Auditors” phase of the credit meltdown starts with a New York Times piece criticizing KPMG’s engagement at New Century Financial, which went bankrupt last April.
Is Sarbanes-driven growth over at Big Four firms? “There are projections for layoffs at several Big Four firms based on the amount of work they’re getting,” said Michael Platt, of Platt Consulting Group. “The East and West coasts would both … Continued