Home » March, 2008 You are currently browsing entries posted in: March, 2008

MYOB UK sold to Wolters Kluwer

Surprise, surprise: this turned up in my email earlier today:

Good Afternoon
Earlier today our parent company, MYOB Limited signed an agreement for the sale of its UK Accountants Division and Ireland operations to Wolters Kluwer UK.
This change is part of MYOB Limited’s strategy of refocussing its efforts on further enhancing its strong position in the Asia-Pacific [...]

Is the time right for wholesale change in audit?

Prem Sikka’s argument that:

…the very model of company audits is flawed. It permits company directors to hire and remunerate auditors, albeit with shareholders rubber-stamping their decisions. Under the model, profit-seeking auditing firms are expected to regulate capitalist enterprises. As no one can make a profit without appeasing or accommodating clients, auditors can never be independent [...]

10 signs you need a new accounting system

I’ve shamelessly ripped this title off from a great blog post by Bill Kennedy along with his top 10 signs:

10. The service technician keeps threatening to retire9. “Reconciliation” is your middle name8. You ask for “proficiency in DOS” when hiring staff7. When calling Support you hear laughter in the background6. Salesmen no longer call you [...]

My del.icio.us bookmarks for March 31st

These are my del.icio.us bookmarks for March 31st:

The worst financial report ever? – And the UK thinks it has problems with auditing its own stuff? Check this from the US. Mind boggling.
Overtime Pay for PwC Audit Associates? – Careers – CFO.com – This time in California – they're obviously taking their cue from their Canadian [...]