International accounting

Private companies in the U.S. are still adjusting to the standard that took effect last year, as international standard-setters are proposing new rules for the public sector.

Evergrande's board recommended the resignation of PwC after the two firms couldn't "agree on the timetable and the scope of work in respect of the assessment on the group's going concern basis."

The board proposed amendments to its income tax standard to provide temporary relief from the imminent implementation of the Pillar Two model rules.

As digital transformation continues to accelerate the evolution of tax and accounting, the players who expedite their embrace of these six tech trends will have an early mover advantage.

Piles of relevant documents were disclosed to the defense only four weeks before the trial started.

Markus Braun's payment company collapsed under the weight of fraud allegations, wiping out billions in shareholder value.

The board levied sanctions and fines totaling $7.7 million against three of KPMG's member firms in the U.K., India and Colombia.

The dramatic move comes in the wake of an investigation by prosecutors and Italy's market regulator into some of the club's balance sheets regarding alleged false accounting and market manipulation.

That's before a potential break-up of its auditing and consulting divisions takes effect, which could further ramp up a recruitment drive.

Accounting firm KPMG is expanding its Manchester presence with extra tech workers and a revamped office space with meetings at its core.

The two organizations released a joint report on fostering the professionalization of the public finance workforce. 

The International Federation of Accountants named Asmâa Resmouki of Morocco as its first president from the Middle East and Africa and its third female president, to serve a two-year term.

Joseph Owolabi, a Nigeria-born accountant who now resides in Australia, was named Friday as the association's global president for 2022/2023.

Deloitte Touche Tohmatsu's board selected the Deloitte US CEO as global CEO, subject to a ratification vote by member firm partners.

The International Accounting Standards Board hopes to improve the information provided by companies about their debts.

The International Auditing and Assurance Standards Board is looking for feedback on updating one of its fundamental standards.

Revenue at the firm's advisory businesses — consulting, financial advisory, risk advisory and tax and legal -- rose 11% to £3.6 billion.

Sheldon Whitehouse, D-Rhode Island, and Roger Wicker, R-Mississippi, introduced bipartisan legislation to put more responsibility on accountants and other financial professionals to safeguard against money laundering and other crimes.

Switching accounting firms had been seen by some companies as a way to satisfy a 2020 law that threatens to remove businesses from the NYSE and Nasdaq if U.S. officials can't inspect their audit work papers.

Just days after American officials arrived in Hong Kong to review the audit work papers of Chinese companies, Washington's watchdog has a stern warning for Beijing: U.S. inspectors must get full access.