Archive for August, 2008

BIR, Customs ordered to name inept collectors

Thursday, August 21st, 2008

Finance chief wants list before end of September MANILA, Philippines—Finance Secretary Margarito Teves said he had given the Bureau of Internal Revenue (BIR) and Bureau of Customs (BoC) until the end of September to submit a final list of underperforming revenue collectors who should be dismissed from service. Teves, who also heads ...

Lib Dems blast PwC’s Northern Rock audit

Thursday, August 14th, 2008

Lib Dems' shadow chancellor Vince Cable and Treasury spokesman Lord Oakeshott urge ministers to ‘go after’ PwC, and even suggest that the firm should step down as auditors The Lib Dems have turned up the heat on PwC, making calls for MPs to haul the firm over the coals for its ...

Trust rapped over incorrect figures

Thursday, August 7th, 2008

An NHS foundation trust must take action after auditors found severe failings in its financial management, it has emerged. The Royal National Hospital for Rheumatic Diseases in Bath had £650,000 of losses in 2006/07 but only reported the figure as £40,000. It also had "further significant operating ...