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Accounting and audit

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"Leaked e-mails show exchanges over cash"

This e-mail exchange shows how senior Tourism and Transport officials discussed getting taxpayers’ cash to Faith Based Tourism boss Andre Curtis before his contract had been approved by Cabinet. -Original Message- From: Telemaque, Marc Sent: Tuesda...
Oct 28, 2011
International Business

"KPMG hosts training session for money-laundering reporting"

Money-laundering reporting will be the focus for a training session held by KPMG Advisory Ltd later this year. The two Money Laundering Reporting Officer Level Training sessions, which are being held at Crown House, 4 Par-la-Ville Road, Hamilton, on ...
Aug 25, 2011
International Business

E&Y beefs up its insurance team

Accountants Ernst & Young (EY) has announced three new appointments to its London and Bermuda insurance team. Paul Cooper, Simon Burtwell and Ben Reid have all been appointed to senior roles due to increased demand from its clients. Mr Cooper, former...
Aug 05, 2011
Politics

"Senate approves Public Accountability Act"

Legislation to bring Bermuda’s public accountants in line with European requirements has been unanimously waved through the Senate. There was little debate among politicians as the Bermuda Public Accountability Act passed through the Upper House on M...
Jul 27, 2011
Politics

"Act ensuring oversight of public accountants is passed"

Legislation ensuring oversight for Bermuda’s public accountants is in line with European requirements passed through the House of Assembly yesterday. The Bermuda Public Accountability Act makes those who audit the Island’s Public Interest Entities (P...
Jul 16, 2011
International Business

"UK to probe Big Four auditing stranglehold"

LONDON (Reuters) UK competition authorities are to probe the stranglehold of the world’s biggest accountancy firms on British blue-chip company audits after finding evidence of anti-competitive behaviour. The Office of Fair Trading (OFT) said dominan...
May 18, 2011
International Business

"KPMG is named the Best Fund Audit firm"

KPMG in Bermuda has announced that KPMG has been named the Best Fund Audit firm by IFI (Funddomiciles.com). The award was presented in London on January 19, 2011 after IFI’s Annual Conference on the future of fund domiciles. Craig Bridgewater, lead ...
Feb 23, 2011
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