Search Results for: Audi
International Audit Regulators Call For Measurable Improvement
March 15th, 2016
The pace of audit quality improvement is too slow and measureable improvement is needed, an international survey concluded. The Independent Forum of Independent Audit Regulators (IFIAR) issued the results of their annual inspections findings survey this week. In response ...
What oil freeze? Saudi Arabia and Russia pump more
March 15th, 2016
So much for that agreement to freeze output. The latest oil market data reveal that both Russia and Saudi Arabia ramped up their oil production in February, despite talks about supply caps. The two oil countries agreed to freeze output at ...
Saudi Arabia seeks $8bn loan to plug fiscal deficit caused by low oil prices
March 10th, 2016
Saudi Arabia is looking to raise as much as $8bn (£5.6bn; €7.3bn) from international lenders to help plug a record budget deficit caused by low oil prices. Citing sources, the Wall Street Journal said the kingdom is also considering ...
Saudi Arabia to hold out bond mandate prospect to banks
March 8th, 2016
Banks were briefed that the largest lenders on the loan, which may be as much as $10 billion, will also probably be appointed to arrange the bond Dubai: Saudi Arabia is holding out the prospect of a role in ...
EU Auditors Call For Renewed Efforts On VAT Fraud
March 7th, 2016
The current European Union system for fighting cross-border value-added tax fraud is not effective enough, according to a new report by the European Court of Auditors. The auditors said that while the EU has a range of tools at ...
Shale Oil Isn’t Saudi Arabia’s Only Nemesis
March 2nd, 2016
Even when glut stops growing, market might shrug: SocGen History shows oil rebound will hinge on stockpiles: Goldman Even if Saudi Arabia wins its struggle with U.S. shale producers over market share, it will face a new billion-barrel adversary. ...
Oil Prices Rally On News Of Russia, Saudi Arabia Meeting
February 26th, 2016
Oil prices jumped by more than 2 percent on February 25 after Venezuela said top oil producers Russia and Saudi Arabia will meet again in mid-March to discuss their proposed output freeze. Russia and OPEC members Saudi Arabia, Venezuela, ...
Saudi Oil Minister Surprises OPEC with Tough Line on Prices
February 25th, 2016
Prepared for $20 a barrel to force production cuts outside the Middle East, Says al Naimi Saudi Arabian Oil Minister Ali al-Naimi surprised fellow members of the Organization of the Petroleum Exporting Countries on Tuesday when he said the ...
Auto Trader swaps PwC for KPMG as auditor
February 22nd, 2016
ONLINE car dealership Auto Trader has appointed KPMG as its auditor, it has been confirmed. PwC, which has been Auto Trader’s auditor since 2004, will conduct the current year audit and stand down at the conclusion of the AGM in ...
Possible Changes Afoot to Internal Auditing Standards
February 19th, 2016
The Institute of Internal Auditors (IIA) proposed changes to its standards for internal audit practitioners on Feb. 1 that are intended to help them meet the challenges and the evolving demands of today’s dynamic business environment. The proposed changes to the ...
