International accounting

The disclosures that companies make about their green credentials will be evaluated by new global audit standards that are expected to be finalized by the end of next year.

The company has suspended contracts with about 60 suppliers, launched internal audits, and has put its U.S. head of procurement on leave.

The International Auditing and Assurance Standards Board proposed new rules for providing outside assurance on a company's sustainability reporting efforts.

Economic confidence among accountants in North America grew in the second quarter, but declined in other parts of the world.

The European Commission adopted the European Sustainability Reporting Standards on Monday; they will take effect in 2024.

Tens of thousands of companies operating in Europe face new requirements to report their operations' climate impact.

A majority of an industry working group voted to exclude two-thirds of the emissions linked to their capital markets businesses. The accounting standard won't be mandatory.

Steinhoff, the former owner of Mattress Firm in the U.S., has been battling to survive ever since auditors refused to sign off on its financials.

A bookkeeper reportedly stole from her employer in an effort to retain the affections of her estranged boyfriend.

The Association of International Certified Professional Accountants unveiled a new educational report on climate resilience, the fourth in a series.

The former head of a Thai industrial cable maker at the center of an accounting scandal and debt defaults has been flagged by local authorities seeking to arrest him.

CEO Francesca Lagerberg has been overseeing growth at a time when some of its Big Four rivals are retrenching on their staff numbers.

Jan Marsalek was a key figure at Wirecard before its implosion in an accounting scandal in June 2020.

The more KAMs disclosed in an audit report, the higher the distress level of a company, according to a new study

The audit fee for the combined group is expected to be less than the sum of the standalone audits, but would still be one of the highest in global banking.

The education-technology titan has been rocked by the resignation of its auditor and three board members.

U.S. audit officials have started a fresh round of inspections of New York-listed Chinese companies in recent weeks as tensions mount between the world's two largest economies.

The U.K.'s Financial Reporting Council published its annual inspection and supervision results of the largest audit firms, and said it found signs of continued improvement.

The International Federation of Accountants released the second installment of its advice for implementing the IAASB's updated standards.

At its height, the German landlord had a market cap of €3.4 billion; after a series of scandals, it is now worth just €74 million.