Search Results for: Audi
Iran, Saudi in oil price war
May 12th, 2016
It’s war, then. Iran on Wednesday blamed its biggest rival Saudi Arabia for the “collapse” of the recent Doha talks on capping oil output but the Kingdom appeared to shrug off the allegation and instead said it would boost production in 2016. ...
Auditors at Deloitte failed to spot bonus payments
May 11th, 2016
Deloitte misses £100k bonus error at Alliance Trust Investment fund Alliance Trust is to investigate the failure of auditors at Deloitte to spot bonus payments to two former executives which had been recorded as some £100,000 higher than they ...
Meet the new Saudi Arabia, nothing like the old Saudi Arabia
May 11th, 2016
After years of building a glut, the world’s oil industry by the end of this year is expected to stop overproducing more crude than the world can use. But analysts say one wild card in that equation is Saudi Arabia — ...
AAYP 2016: Five key skills auditors will need in the future
May 10th, 2016
AUDIT teams have the skill sets to meet today’s requirements but changes will be needed to meet the demands of audit in the future. That is the finding of two international research studies published by ICAS and the FRC which examines the skills, ...
What Saudi Arabia’s decision to replace its once-influential oil minister really means
May 9th, 2016
Saudi Arabia’s decision to replace its once-influential oil minister is being viewed widely as the latest effort of Deputy Crown Prince Mohammed bin Salman to consolidate power and pursue what one analyst has called a “brutal battle for market access against ...
Oil Rises as Canadian Fires Spread, Saudi Oil Minister Replaced
May 9th, 2016
Canada wildfires cut oil-sands production by about 40%: IHS Ali al-Naimi succeeded by Al-Falih, head of state oil company Crude rose as expanding wildfires in Canada knocked out about 1 million barrels a day of output, and after Saudi Arabia ...
Saudi Arabia looks to bring in billions of foreign dollars
May 5th, 2016
Saudi Arabia announced a string of reforms to its stock market that could attract billions of dollars of fresh foreign money and smooth sales of state assets as the kingdom grapples with damage to its finances caused by low ...
Oil prices dip on looming production race between Saudi Arabia, Iran
April 26th, 2016
Crude oil futures dipped on Tuesday as analysts warned of an intensifying producer race between Saudi Arabia and Iran, wiping out earlier price gains that came from a weaker dollar and a flood of new cash into the market. ...
Iran Outwitting Saudis on Oil, Bloomberg Says
April 25th, 2016
Iran’s oil exports are growing much more quickly than analysts predicted back in January when sanctions were eased. If the recovery continues at the recent pace, it could raise an interesting dilemma for OPEC’s top exporter Saudi Arabia at the ...
PwC Vatican audit suspended
April 25th, 2016
THE MUCH VAUNTED first external audit into the Vatican’s opaque finances has been halted. A Vatican spokesman said the audit by PwC had been suspended. Vatican watchers point to widening tensions between the Church’s reforming wing – championed by the Pope Francis-appointed ...
