By Grant McCool  Accounting firm Ernst & Young was sued by New York prosecutors over allegations it helped to hide Lehman Brothers’ financial problems, in the first major government legal action stemming from the Wall Street company’s 2008 downfall.   The civil fraud case contends that Ernst & Young stood […]

By Ademola Alawiye Thursday, 23 Dec 2010 A new research conducted by the Association for Chartered Certified Accountants has shown that there will be increased need for finance professionals in the future. The research, with a focus on ”the value creation model for business: 2010 and beyond”, sought the opinions of […]

By Ademola Alawiye Thursday, 23 Dec 2010 The Executive Chairman, Federal Inland Revenue Service, Mrs. Ifueko Omoigui-Okaru, has said that the nation‘s overall tax revenue has risen to N2.2tn within a period of 14 years. She said, in a lecture delivered on “the role of taxation in achieving the vision 20-2020 […]