Accounting News

Nov. 20, 2009 11:42 a.m. Accounting and consulting firm Baker Tilly Virchow Krause will merge with Virginia-based Beers + Cutler in a transaction that will add 260 employees to Baker Tilly and provide a presence near Washington, D.C. The firms have signed an agreement and will merge on Dec.

Despite the already high levels of fraud in South Africa - which at 62 percent is more than double the 30 percent global average - there is a strong possibility that many incidences remain undetected.

Companies in Russia experienced more economic crime this year than anywhere else in the world, according to a report released Thursday, which underscores the difficulties facing an ambitious Kremlin plan to curb corruption and lawlessness.

Dell Inc. shares dropped sharply Thursday evening, with the personal computer maker's quarterly adjusted earnings and sales coming lower than Wall Street's projections.

Fraud is a widespread and serious problem for New Zealand businesses, and it is increasingly being committed by middle and senior management, according to a survey.

In terms of who's committing the crimes, 59 per cent of Canadian organizations affected said the perpetrator was external to the company, while 38 per cent said the main person involved was an employee.

EMPLOYEE fraud has soared in Ireland since the downturn, yet Irish employers are among the least likely in Western Europe to take legal action against staff.

China should have a gradual exchange rate adjustment process, which will be potentially desirable for everyone, said John Hawksworth, head of macroeconomics of PriceWaterhouseCoopers , one of the world's four largest accounting firms.

The MathWorks has announced a new version of its Parallel Computing Toolbox . Version 4.2 provides an improved distributed array construct that lets MATLAB users directly access from a MATLAB session data that is stored on multicore computers or computer clusters.

With an eye on the huge market opportunities in China, semiconductor executives are expressing renewed confidence that their industry will see greater revenue during 2010, with some increase in profitability and with trailing job growth, according to a global survey conducted by KPMG LLP, the U.S. audit, tax and advisory firm.

IBM announced Tuesday that its free Lotus Symphony office productivity suite is now available on Keepods -- thin USB devices made by the Italian company NSEC.

Concur Technologies Inc. said Tuesday its chief financial officer, John Adair, plans to retire during fiscal 2010 to attend to family needs.

The average Ukrainian citizen will spend about UAH 2,500 on gifts, food and entertainment during the New Year and Christmas holidays, or UAH 300 more compared to the previous year.

United States: "Edwards v. Arthur Andersen LLP": One Year Later 16 November 2009 Article by Bryant Yang On August 7, 2008, the California Supreme Court issued its highly anticipated decision in "Edwards v. Arthur Andersen LLP", unanimously holding that Business & Professions Code section 16600 invalidated a provision in Edwards's employment ...

Starting with OpenOffice.org 3.2 OpenOffice.org Basic allows to use UNO new-style service constructors .

Hotel-room prices are expected to drop 8.8 percent in 2009 compared with 2008 and will continue slipping in 2010, though at a much slower rate, according to the 2010 forecast from PricewaterhouseCoopers Hospitality & Leisure Practice.

China, India and other Asian countries are leading the world out of the global economic crisis, business leaders said Friday, as trade and finance ministers pledged to make Asia-Pacific a cheaper, faster and easier region to do business in by 2015.

Toronto - Published on Friday, Nov. 13, 2009 11:53AM EST H HR.UN-T returned to profitability in the third quarter as rentals from income properties inched up.

Canada has the fifth-highest corporate tax rate among 30 of the worlda s most developed countries, although its so-called indirect taxes, like the GST and PST, are lower than its peers, according to a new study.

American Home Mortgage Servicing has reached a settlement with the State of Massachusetts, agreeing to modify 8,200 mortgages held by Massachusetts homeowners.