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ACCOUNTING

Laureate VP Adds Chief Accounting Duties AP via Yahoo! Finance
The senior vice president and treasurer at for-profit education provider Laureate Education Inc. also has been appointed the company's chief accounting officer, according to a Wednesday filing with the Securities and Exchange Commission.
Accounting Firm E&Y Stresses 'Gender-Neutral' Flextime SmartPros Accounting
Dec. 14, 2006 (SmartPros) The male-dominated financial services sector wants to appeal to women by showcasing men who have taken advantage of flextime work arrangements -- and accounting firm Ernst & Young has fully embraced this strategy.
OSU students excel on accounting exam Corvallis Gazette Times
Compared to the national rate of 29 percent, recently published results show that 44 percent of Oregon State University students passed the Certified Public Accounting exam.
2 sanctioned by SEC over PNC accounting AP via Yahoo! News
An accounting executive at PNC Financial Services Group Inc. and an outside auditor were sanctioned by federal regulators for their alleged roles in the regional bank's faulty accounting in 2001, said to have inflated earnings by concealing $762 million in potential liabilities.
Fannie Sues KPMG for $2 Billion Over Accounting Flaws Update4 Bloomberg.com
Dec. 12 (Bloomberg) -- Fannie Mae, the biggest U.S. mortgage finance company, sued former auditor KPMG LLP for $2 billion today, saying the accounting firm failed to serve its role as an independent watchdog and prevent $6.3 billion in accounting errors.
Fannie Sues KPMG for $2 Billion Over Accounting Flaws Update1 Bloomberg.com
Dec. 12 (Bloomberg) -- Fannie Mae, the biggest U.S. mortgage finance company, sued former auditor KPMG LLP for $2 billion, saying the accounting firm failed to serve its role as an independent watchdog that could have prevented $6.3 billion in accounting errors.
Latest BNA Accounting Policy and Practice Series Portfolio Explains the Auditor's Report PR Newswire via Yahoo! Finance
BNA has released the new Auditor's Reports Portfolio, the latest in its Accounting Policy & Practice Portfolio Series.
Accounting firm sends cheer to soldiers in Iraq The Post-Standard
The Christmas season is far from over, but the workers at Bowers & Co. CPAs already are working on the next holiday for American soldiers in Iraq.
Safran appoints auditors to probe accounting fraud allegations Financial Times
Safran appointed audit firm KPMG on Tuesday to investigate a possible €100m ($132m) accounting fraud and warned that its 2006 profits could be hit by any findings as well as worse- than-expected trading in its mobile phones and defence businesses.
Democrats Plan to Tighten Reins on Iraq Spending New York Times
The incoming Democratic chairmen of the House and Senate Budget Committees said they would demand a better accounting of the war?s cost.
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