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Lehman investigator alleges E&Y malpractice

Lehman investigator alleges E&Y malpractice

Ernst & Young’s (E&Y) US firm has been accused of professional negligence by US investigators for allowing Lehman Brothers’ accounting practices to go unchallenged in the year before the bank’s collapse.


 


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To be or not to be?

To be or not to be?

Globalisation is driving some accountancy groups to reconsider their global structural model. Experts from networks and associations debate the pros and cons of their structural strategies and vicarious liability

World survey: Down but not out

World survey: Down but not out

Fee pressure and a lack of transactions has had a negative impact on global accounting networks and associations. A tough year is marked by revenue drops, tough competition and the threat of litigation

2009 Timeline: The year in review

2009 Timeline: The year in review

IAB looks at some of the major accounting events of the past 12 months. This includes significant legal cases against auditors and firm movements across China and other important markets

Jeremy Newman Q&A: A costly game

Jeremy Newman Q&A: A costly game

As the downturn causes companies to collapse, audit firms are being dragged into litigation. BDO International chief executive Jeremy Newman explains how legal disputes affect firms and staff morale.

Jim Quigley Q&A: Risk and rewards

Jim Quigley Q&A: Risk and rewards

The global financial crisis has delivered both opportunities and challenges to firms. As Deloitte continues to expand its consulting practice, IAB gets an in-depth view from Deloitte CEO Jim Quigley