PricewaterhouseCoopers workers rebel

Article Abstract:

PricewaterhouseCoopers LLP employees said that they refuse to follow the company's new program to drop investments that they may own in the firm's corporate audit clients. Pricewaterhouse ordered employees on the managerial level and above and who work with US clients to sell off their investments. The move comes as the Securities and Exchange Commission (SEC) ruled that Coopers violated SEC rules.

Comment:

Employees refuse to follow the company's new program to drop investments

Personnel administration, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Human resource management, Abstract, Accounting firms, Accounting services, PricewaterhouseCoopers L.L.P. (New York, New York)

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U.S. accounting board faults global rules

Article Abstract:

The US Financial Accounting Standards Committee is opposing the International Accounting Standards Committee's proposed global accounting rules. The rules could encourage international mergers and simplify bookkeeping, but US agency leaders say the new rules lack clarity and offer too many choices.

Europe, International economic relations, Legislative Bodies, Professional Organizations, Standards Committees, Other Agencies & Commissions, Standards, Political activity, Accounting, International Accounting Standards Board, Financial Accounting Standards Board

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