Posts Tagged KPMG
Sean O'Driscoll woke up one day at the age of 15 and decided he wanted to be an accountant. It's an unlikely dream for a teenager. But over 40 years later, the west Cork native from Drimoleague runs one of Ireland's biggest privately-owned companies, Glen Dimplex.
With annual revenues of around €2bn and tentacles that spread from Europe to the US and Asia, the consumer product firm has more than 12,000 employees that owns brands such as Morphy Richards, Belling and Roberts.
"My fathe
April 4, 2013
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A.F.Ferguson, which recently manages to get audit job of Meezan Bank, country's largest Islamic Bank, has now successfully land MCB Bank in its pockets.
According to EconomyAge, MCB has appointed A.F. Ferguson & Company, Chartered Accountants, as it auditing and accounting firm for the next calendar year 2012, an official sources said. Riaz Ahmed and Company and KMPG Taseer Hadi were maintaining accounts of Pakistan’s largest bank at present.
According to sources, the two firms
March 30, 2012
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Auditors KPMG Taseer Hadi & Company made Rs 4.4 Million in total from the audit of Silk Bank in financial year 2011, up by staggering 23% from previous year’s Rs 3.6 Million. Although previous year's audit of Silk Bank was not made by KPMG Taseer Hadi & Co.
Bank which was in a loss of one and a half billion in 2010 recovered in 2011 and posts half a billion in profits.
KPMG annual audit charge an annual audit fees of Rs. 1.7 million up from
March 25, 2012
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Meezan Bank, an awarded bank for best Islamic Bank in Pakistan, has appoint new auditors to audit its financial statements.
Meezan Bank, in a notice sent to Karachi Stock Exchange, notifies public and investors that the old auditors M/S KPMG Taseer Hadi & Co. the retiring auditors complete their 5 years period and in accordance with the code of corporate governance (which do not allow any audit firm to work for more than 5 years).
Meezan Bank will be considering the appointment o
March 23, 2012
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By Maliha Sheikh (Lahore)
Consulting firm KPMG has recently created a crystal ball. Called the KPMG Predictive Index, it can foretell when an employee will resign.
[caption id="attachment_3059" align="aligncenter" width="225" caption="Big four firms are using technology thrice as much as they do before five years. How could this change Accountancy courses is only a confusing question to many"][/caption]
A typical warning sign: A senior manager asks his secretary
September 2, 2011
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Press Release
KPMG is pleased to announce that Neil D Miller has joined as global head of Islamic finance. Neil joins from the law firm Norton Rose where he led their global Islamic finance practice.
Neil has specialised in Islamic finance since he moved to Bahrain in 1995. He then returned to London in 2000 to set up Norton Rose’s Islamic finance group which went on to win numerous industry awards under his leadership, with Neil becoming a highly regarded industry fi
July 6, 2011
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By Taha Kazmi (Ireland)
BDO, which according to IAB's report is at the top in mid-tier firms, and in past trying to compete directly with KPMG, recently sued for $10.7 Billion over its roll as auditors of Allen Stanford Business.
According to Bloomberg, the U.S arm of BDO was sued by Allen Investors in a court in Dallas (U.S).
“Despite the pervasive fraud that infected Stanford Financial Group’s operations, BDO repeatedly issued unqualified audit opinions on it
May 29, 2011
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By Ayesha Adil (Lahore)
Mr. Adnan Rashid, a renowned name in the field of Accountancy and Finance, Principal of CFE (Centre of Financial Excellence) and a profound instructor in the same field. He is also a member of ICAP (Institute of Chartered Accountants of Pakistan). He started training in KPMG Lahore from 1995 – 1999 and became Chartered Accountant in 1999.
After three years of continuous struggle and being qualified in the field of Accountancy and Finance he dec
May 9, 2011
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By Ali Ahmad
Would you show your loyalty to KPMG with a tramp stamp? Or the new PwC logo on the back of your neck? How about Deloitte green dots incorporated into some barbed wire? Confused?
While most people are looking for new jobs in current economic environment but for those of you looking to show some loyalty to your audit firm, you should know that some company ink may go a long way:
Employees of Anytime Fitness, a workout chain based
May 4, 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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