International accounting

The hub will support use of the International Sustainability Standards Board frameworks for disclosing climate risks.

The board levied penalties against three firms in China, including member firms of PricewaterhouseCoopers that it found were improperly sharing answers to exams.

Sustained high interest rates are pushing Canada toward a recession.

Revised financial statements mark an attempt to "turn the page" for the scandal-struck Brazilian retailer

Janet Truncale most recently was the regional MP for EY's financial services organization in the Americas.

The two-member combination will be called Forvis Mazars when it's finalized next June.

Magazine Luiza's announcement of accounting "inconsistencies" deals another blow to companies that have struggled after the scandal that brought down Americanas.

The board has issued an accounting standard for governments around the world to use for reporting on retirement plans.

The IFRS Foundation's Lee White will succeed Kevin Dancey at the International Federation of Accountants in March.

The bulk of the cuts will be aimed at the advisory division.

Jean Stephens, who has led the group for 17 years, plans to step down in May 2024 and become a senior advisor to the network.

The Top 10 Firm has been building its international network since last year, with further expansion plans as it begins to roll out AI technology.

Partners at the Ernst & Young in the U.K. saw their share of profits drop for the first time in three years as the Big Four face economic uncertainty.

The NFRA has requested files and communications related to S.R. Batliboi's audits on some companies going as far back as 2014, sources said.

The accounting firm will use artificial intelligence to consult on complex matters in tax, legal and human resources.

The real estate company has been trying to hire a new auditor since its previous one, KPMG, quit in May last year.

The telecommunications company replaced Deloitte as its auditor with KPMG International. The decision was questioned by shareholders.

The Task Force on Climate-related Financial Disclosures is seeing more than half of companies issuing at least a handful of the disclosures it recommends.

"These findings are damning," Jon Holt, CEO of KPMG in the U.K., said. "It is clear to me that our audit work on Carillion was very bad."

The changes aim to make the ESG rules more relevant to a global audience.