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WorldCom scandal. The WorldCom scandal was a major accounting scandal that came into light in the summer of 2002 at WorldCom, the USA's second-largest long-distance telephone company at the time. From 1999 to 2002, senior executives at WorldCom led by founder and CEO Bernard Ebbers orchestrated a scheme to inflate earnings in order to maintain ...
The Institute of Chartered Management Accountants of Pakistan ( ICMAP) is a professional accounting body offering qualification and training in management accountancy. The Institute of Chartered Management Accountants of Pakistan was established in 1951 and was granted statutory status under the Cost and Management Accountants Act, 1966 [1] [2 ...
The Financial Accounting Standards Board ( FASB) is a private standard-setting body [1] whose primary purpose is to establish and improve Generally Accepted Accounting Principles (GAAP) within the United States in the public's interest. The Securities and Exchange Commission (SEC) designated the FASB as the organization responsible for setting ...
Website. icaew .com. The Institute of Chartered Accountants in England and Wales ( ICAEW) is a professional membership organisation that promotes, develops and supports chartered accountants and students around the world. As of December 2023, it has over 208,000 members and students in 146 countries. ICAEW was established by royal charter in 1880.
The firm is multinationally based and operates worldwide. Based in Amstelveen, Netherlands, with executive offices in New York City, [1] KPMG is a network of firms in 145 countries with 273,424 employees. [2] The location of legal incorporation is London, England, where it maintains strong historical connections.
Accounting. The Accounting Hall of Fame is an award "recognizing accountants who are making or have made a significant contribution to the advancement of accounting" since the beginning of the 20th century. [1] Inductees are from both accounting academia and practice. Since its inception in 1950 at The Ohio State University, it has honored 117 ...
e. Founded in 1904, the Association of Chartered Certified Accountants ( ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA). It has 240,952 members and 541,930 future members worldwide. ACCA's headquarters are in London with principal administrative office in Glasgow.
Certified Public Accountant ( CPA) is the title of qualified accountants in numerous countries in the English-speaking world. It is generally equivalent to the title of chartered accountant in other English-speaking countries. In the United States, the CPA is a license to provide accounting services to the public.