International accounting

The board proposed a set of revisions to address the impact of technology innovation on the profession.

The Swiss chemicals maker is investigating allegations by internal whistleblowers that staff manipulated accounts to meet financial targets.

The collapse of U.K. builder Carillion four years ago is now threatening to inflict more than reputational damage on its former auditor, KPMG.

The International Public Sector Accounting Standards Board has issued its own leasing standard for the public sector.

Signs of contagion are rippling through China’s property industry, with a spate of auditor resignations deepening concerns about developers’ financial health.

IASB vice-chair Sue Lloyd will become vice-chair of the new board, while Value Reporting Foundation CEO Janine Guillot will be special advisor to the ISSB's chair.

The company can start paying out $1.6 billion to investors who lost out in the wake of the retailer’s 2017 accounting scandal.

Eelco van der Enden is planning to work with the nascent board, while maintaining GRI’s independence.

An activist group is urging international audit institutions to end all their engagement with the government’s auditor general.

Stuart Smith, a former audit director, took responsibility for misleading the U.K. audit watchdog, and said he was “reckless” as to whether he was misleading inspectors.

Six former employers at the auditing giant are accused of acting “with a lack of integrity in dishonestly or recklessly misleading the regulator.”

The network saw rising demand from business clients needing help with recovering from the pandemic.

The board is surveying stakeholders about easing the audit requirements for less complex companies, while beefing them up for more complicated structures.

The Institute of Internal Auditors and the Association of Chartered Certified Accountants have signed a three-year renewal of their existing agreement.

KPMG International reported the annual aggregated revenues of its member firms around the world grew 10% to $32.13 billion for the fiscal year ending Sept. 30, 2021.

The football club's offices were searched by Italian financial police seeking information about player trading between 2019 and 2021.

The collapsed payment processor is set to depart Germany's main exchange in Frankfurt next week after an accounting scandal.

The claimants allege that KPMG “failed to maintain independence and an appropriate attitude of professional skepticism" in the insolvency of Dubai private-equity firm Abraaj Group.

The institute joins two other groups in withdrawing because of the involvement of officials from Myanmar.

CPA Australia and CA ANZ have withdrawn from an upcoming conference in Singapore due to the involvement of officials from Myanmar.