Search Results for: Audi
Vodafone Starts Audit Into Possible Tax Fraud at Ono Unit
October 27th, 2014
Vodafone Group Plc (VOD) said it has begun an audit into possible tax fraud at Grupo Corporativo Ono SA, the Spanish cable operator Vodafone bought in July. “As soon as Vodafone became aware of the issue we instigated a ...
SEC Sanctions Florida-Based Auditor for Circumventing Rules
October 27th, 2014
The Securities and Exchange Commission sanctioned a Florida-based auditor for violating federal laws and regulations requiring lead audit partners to periodically rotate off their audit engagements with a publicly traded company in order to preserve the integrity of the ...
Audit Commission reveals highest ever levels of council fraud detection
October 22nd, 2014
Nearly £200M of fraud has been detected by English councils in 2013/14 – the highest amount for a generation and ten times the 1990 figure, the Audit Commission has revealed. In its latest – and last – report on ...
Saudi’s NCB to convert to Islamic bank after pressure from scholars
October 21st, 2014
Saudi Arabia’s biggest bank has responded to criticism of its operations from Islamic scholars by pledging to convert itself into a full-fledged Islamic bank within about five years. The decision, made as the bank launches a $6 billion initial ...
The 7th Saudi Money Exhibition and Conference 2014 in Jeddah
October 20th, 2014
The 7th Saudi Money Exhibition and Conference 2014 will take place on the 14th and 15th of November 2014 at Crowne Plaza Hotel in Jeddah. The exhibition will bring together some of the leading minds in banking and FX ...
Dubai, Saudi, Qatar bourses plunge amid oil price decline
October 17th, 2014
Markets across the Middle East tumbled on Thursday as global equities and oil prices continued to decline, while Saudi Arabia’s drop was magnified by investors selling to prepare for a $6 billion initial public offer of shares. Brent crude ...
Two more audits choose Big Four
October 3rd, 2014
Two more listed companies have changed auditors. Safestore Holdings, which runs 97 self-storage units in the UK, has swapped its Big Four firms. Deloitte has been chosen to replace PwC as Safestore’s auditors. PwC has served as its auditors ...
Britain’s audit watchdog revises corporate governance code
September 17th, 2014
Britain’s audit and accounting watchdog has overhauled its corporate governance code for UK companies, it said on Wednesday, to make them safer for investors by giving more information about how they are run and an assessment of any potential ...
Accountant gets three year ban over audit failures
September 16th, 2014
A tribunal has excluded an ICAEW member from membership of the profession for three years following a Financial Reporting Council (FRC) investigation over audit failures. The accountant, Paul Newsham was a former partner, Sixthreeone Limited (formerly known as HWCA), ...
Accountant banned for signing audit reports
September 10th, 2014
An accountant has been excluded from the ICAEW and fined nearly £15,000 for issuing audit reports on behalf of his firms when they were not registered to carry out audit work. Robert Binfield, from Chester, issued reports for companies ...
