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Internal auditor can help companies to be more competitive on global scale

Thu, 09 Feb 2012 11:02:43 GMT

The Institution of Internal Auditors (IIA) is a non-profit professional organization working towards development of the internal auditing profession with operation in around 165 countries.Internal auditor can help companies to be more competitive on global scale

PFC looking for global partner for consultancy arm

Mon, 06 Feb 2012 07:18:44 GMT

Power Finance Corp is looking for an international partner for its subsidiary PFC Consulting with a view to expanding operations in the SAARC region, a top company official said today.PFC looking for global partner for consultancy arm

ICAI proposes increased disclosure by listed cos

Thu, 02 Feb 2012 23:22:19 GMT

Accounting authorities are considering a proposal that will ask listed companies to disclose the extent of their holdings in volatile financial instruments.ICAI proposes increased disclosure by listed cos

HR industry grows at 21% over 4 years: Executive Recruiters Association and E&Y report

Tue, 24 Jan 2012 01:49:43 GMT

The human resource industry in India has grown at a compounded annual growth rate of 21% over the past four years and is pegged to be around Rs 22,800 crore. HR industry grows at 21% over 4 years: Executive Recruiters Association and E&Y report

Only 53% of Indian businesses aware of new international accounting standards

Thu, 19 Jan 2012 12:53:37 GMT

Only 53 per cent of Indian businesses are aware of the impending global changes in the existing accounting standards that will impact the way they recognise and report revenue, according to a survey.Only 53% of Indian businesses aware of new international accounting standards

Govt proposes uniform accounting standards for educational institutes

Wed, 18 Jan 2012 15:31:25 GMT

The government today proposed uniform accounting standards for educational institutes from 2013 to ensure more accountability in financial resources maintained by them.Govt proposes uniform accounting standards for educational institutes

Education institutions should follow uniform accounting system: ICAI

Wed, 18 Jan 2012 14:59:56 GMT

Accounting regulator ICAI has recommended to the HRD Ministry that all education institutions should follow a uniform system for maintaining their account. Education institutions should follow uniform accounting system: ICAI

ICAI to probe fund inflows into PwC India’s arms

Wed, 18 Jan 2012 06:08:22 GMT

ICAI said it will look into reports of money inflows into several Pricewaterhouse-Coopers (PwC) India entities, including the group's audit firms Price Waterhouse (PW) and Lovelock & Lewes (LL). ICAI to probe fund inflows into PwC India’s arms

PwC's 200 crore unexplained inflows help avoid losses

Tue, 17 Jan 2012 05:31:45 GMT

Several PricewaterhouseCoopers India entities would have ended 2010-11 with losses had it not been for large amounts of “sundry income” received from undisclosed sources.PwC's 200 crore unexplained inflows help avoid losses

ADP buys payroll business of Ma Foi Randstad

Mon, 16 Jan 2012 13:04:56 GMT

Nasdaq listed Automatic Data Processing (ADP) acquired payroll business of one of the largest staffing firms in India, Ma Foi Randstad on Monday.ADP buys payroll business of Ma Foi Randstad

ADP acquires payroll business of Ma Foi Randstad

Mon, 16 Jan 2012 11:35:34 GMT

US-based Automatic Data Processing Inc (ADP), one of the world's largest providers of HR business outsourcing solutions.ADP acquires payroll business of Ma Foi Randstad

Price Waterhouse files suit against Ramalinga Raju

Tue, 10 Jan 2012 10:16:46 GMT

Audit firm Price Waterhouse has filed a suit against former chairman of Satyam B Ramalinga Raju and others claiming damages of Rs 100 crore.Price Waterhouse files suit against Ramalinga Raju

Mahindra Satyam sues former management and auditors for account fraud

Mon, 09 Jan 2012 23:28:51 GMT

Mahindra Satyam and audit firm Price Waterhouse have slapped cases against each other, seeking to fix fudging of accounts at Satyam Computers.Mahindra Satyam sues former management and auditors for account fraud

No shift in accounting norms likely in budget document

Fri, 30 Dec 2011 01:44:11 GMT

The most significant of the accounting reforms, a shift to the corporate type accrual-based accounting from the current cash-based one No shift in accounting norms likely in budget document

Action against ex-CFO in Satyam case within a week: ICAI

Fri, 23 Dec 2011 15:12:47 GMT

ICAI today said it will decided the case concerning former CFO of Satyam Computer in the Rs 14,000-crore accounting scam within a week.Action against ex-CFO in Satyam case within a week: ICAI

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