Posts Tagged Ernst and Young
Via News Desk (online)
Ernst & Young have signed up to become the first Tier Two sponsors of the 2016 Olympics and Paralympics in Rio de Janeiro as the official provider of consulting services to the Games, it has been announced.
The deal between Rio and the London-based firm, which employs more than 140,000 people in 140 countries, was announced at a special ceremony at the Copacabana Palace hotel hat was attended by a group that included James Turley, the chairman
September 13, 2011
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By Ali Ahmad
The rainbow and unicorn PR machine is in full force and CNN is happy to scoop them up spit them out.
We might believe that Audit firms never used PR techniques/marketing techniques and we might believe that CNN is always right (when they report) but here's another side of story (my side of story)
CNN managed to dig up this corpse of a story: “Bean counters wanted: Why the Big 4 are in a hiring frenzy.” This refers to the hiring bonanza that Deloit
April 5, 2011
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By Akbar Jessani
Akbar Jessani is a senior consultant working in Ernst and Young Ford Rhodes Sidat Hyder. He is also a member of ACCA and a associate member of Certified Fraud Examination having over 5 years of experience in audit and advisory services (including review of systems and internal controls) within various financial and industrial sectors. He Has also been awarded Presidential Educational Award from President Bush“
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December 21, 2010
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By Bilal Siddiqui
Prosecutors in New York are set to file civil fraud charges against accounting firm Ernst & Young LLC over the collapse of Lehman Brothers Holdings Inc, the Wall Street Journal said on Monday, citing people familiar with the matter.
[caption id="attachment_2121" align="alignright" width="300" caption="Lehman Brothers Canary Wharf"][/caption]
The case follows on from a March report which heavily criticised E&Y's audit of repurchase transactions or "repos" - a
December 20, 2010
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By Akbar Jessani
Akbar Jessani is a senior consultant working in Ernst and Young Ford Rhodes Sidat Hyder. He is also a member of ACCA and a associate member of Certified Fraud Examination having over 5 years of experience in audit and advisory services (including review of systems and internal controls) within various financial and industrial sectors. He Has also been awarded Presidential Educational Award from President Bush"
“Destiny is not a matter of chance; it is a matter
December 2, 2010
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By Christopher Argent
This discussion involves around digital version of ACCA student accountant magazine. The discussion was started by Mr. Christopher Argent.
Christopher Argent is founder of Ambitious People, a coaching and mentoring company specializing in finance professional performance. His expert team of coaches and mentors are both accredited coaches and qualified accountants, with a wide range of industry and practice experience, giving a unique insight in to their clients, e
November 9, 2010
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By Ali Ahmad
Clean Energy has been an an issue of debate for past 10 years. Its increasing potential and market is just like the Islamic Banking of Energy market - Attracting large audience because of its market potential.
Although many at Ernst and Young never like my last article where I raise questions on the credibility of their report but the senior management is undaunted that the Green Energy Solutions are going to dominate the future - No Doubt it will - the only Question is ti
August 15, 2010
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By Aamna Waheed
The State Bank of Pakistan (SBP) has urged Islamic financial institutions to distinguish themselves from conventional banks by offering products other than fixed return services.
If you remember then Yasir Maqbool, a senior auditor at Ernst and Young, raised the same concerns in his featured article, Romance Over - legitimacy of Islamic Banking. The most important question he raised were: When both systems are operating on a same fundamental then on what basis can
August 9, 2010
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By Michelle Murdoch (International Representative)
After the collapse of Lehman Brothers, everyone is pointing finger as who were responsible but the bigger question in my opinion is-what exactly is the role of auditors?
The accounting behind the Lehman Brothers and the report was quite uncomfortable for everyone especially Audit Fraternity. According to an article in Accountancy Age, the claim from Anton Valukas, the bankruptcy examiner, is that the position of Lehman was misrepresented a
March 20, 2010
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Friends, let me tell you an interesting fact. It is used to believe in Pakistan that an honest person is treated bad and systems and people punishes him for his/her honesty. Well, this is a global case now. Honest people are treated like this everywhere!
You must heard about the case of Lehman Brothers. They sacked their ex-vice president for raising concerns in front of auditors, Ernst and Young.
According to the Telegraph,
Matthew Lee, a former senior vice-president of the firm's fi
March 19, 2010
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