On May 24, 2013, the Public Company Accounting Oversight Board announced that it had signed a Memorandum of Understanding with Chinese securities regulators that would enable the PCAOB under certain circumstances to obtain audit work papers of China-based audit firms.

Governance, risk and control is one of the biggest issues facing financial institutions today. As the credit crunch continues to present a number of challenges, to CEOs and entire corporations, it is imperative all financial institutions reappraise their enterprise-wide control and governance systems and hierarchies.

The sector looks set for an exciting 2005. The widespread launch of 3G networks and major deployments of RFID will set the stage for the sector’s progress during the second half of this decade. By year-end 2005, we predict that there will be some 2 billion cellular mobile subscriptions worldwide, cementing the mobile phone’s position as the most rapidly-growing and widely-adopted technology of all time.

2005 will be a particularly exciting year for the sector. Wireline will remain the dominant voice medium, and enjoy steady volume growth, but Voice over IP (VoIP) will grow its share of the market. Broadband will grow in terms of penetration, speed and quality of service. The steady deployment of fiber to the home (FTTH) promises to provide gigabit connectivity.

As the U.K. Financial Reporting Council prepares for its transition into the Audit, Reporting and Governance Authority in 2024, it has continued to focus on its regulatory...

China’s large and medium-sized State Owned Enterprises (SOEs) have made significant gains in economic strength over the past 30 years, and have been a major driving force of the country’s economic growth.

The future of the global financial services industry remains uncertain.

2011 was an eventful year for the Division of Enforcement at the U.S. Securities and Exchange Commission ("SEC"). Our assessment of the top ten SEC Enforcement events of 2011 is discussed below.

Last fall Congress passed the American Jobs Creation Act of 2004 (the Act), which made extensive changes to tax laws governing executive compensation. This third segment of a four-segment series focuses on the changes in basic rules for nonresident aliens, and stock compensation of insiders in inverted corporations.

From mining in South Africa and commodity production in Asia to sales and service networks in North America, the business operations of some of the world’s largest and most sophisticated industrial enterprises are experiencing a quiet revolution. It is led by finance.

The alleged failure to comply with U.S. Securities and Exchange Commission requests under Section 106 of Sarbanes-Oxley has led to an unprecedented six-month ban for the China affiliates of the Big Four — Ernst & Young, KPMG, Deloitte & Touche and PricewaterhouseCoopers — and a censure for a China affiliate of a fifth firm, BDO International.

Despite the economic climate negatively impacting Consumer Business (CB) organisations, security issues remain high on the agenda.

This paper is the fourth in the ‘Digital Leadership’ series looking at the challenges faced by one of today’s fastest-moving sectors – technology, media and telecoms.

The offshoring industry is growing up quickly. Most major financial institutions now operate a sizeable, low-cost offshore delivery function. The industry’s cumulative cost savings for the last four years have risen sharply, propelled by an 18-fold increase in offshore headcount.

This is the first year in which the Deloitte Touche Tohmatsu Limited Global Energy and Resources group has published this report which follows others in the series on oil and gas, power and utilities, and mining.

This article discusses international tax developments and has been prepared by professionals in the member firms of Deloitte Touche Tohmatsu.

The new regime must maintain high standards of service delivery and protect the interests of our international visitors.

On 28 March 2008, Medicines Australia set a global precedent for the pharmaceutical industry by publishing its first report on medical education events held or sponsored by its member companies.

The information in this article has been prepared by professionals in the member firms of Deloitte Touche Tohmatsu.

The first decade of the new millennium started on a high note for the global aerospace and defense (A&D) industry, with outstanding financial performance around the world — only to be followed by the dot-com bust, the tragedy of 9/11, the ensuing wars in Afghanistan and Iraq, and the worst global economic downturn in nearly 80 years.