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LONDON, Monday, September 22, 2014

Tesco cuts forecast and suspends senior staff after profits overstated by $408 million

Four Tesco employees placed on leave; Deloitte, Freshfields to undertake review of issues even as shares fall 12 per cent in early trade. »
More on accounting and audit AND: quarterly or semiannual financial statement
NEW DELHI, Saturday, July 19, 2014

Centre sets up expert panel on cost audit rules

Amid concerns raised by cost accountants over some provisions in the new Cost Records and Audit Rules, the government on Saturday set up an expert committee to look into this matter. Stat... »
Sunday, June 29, 2014

Trusts’ depreciation needs charitable view

Depreciation is a non-cash expense that ensures true record of revenue or capital so that the balance sheet presents a true and fair view of the state of affairs. »
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