International accounting

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CPA Australia and CA ANZ have withdrawn from an upcoming conference in Singapore due to the involvement of officials from Myanmar.

The commission approved a rule to ensure the Public Company Accounting Oversight Board can inspect firms in other countries, especially China.

A U.K. Treasury report that almost ignores the long-term costs of not reducing emissions highlights the need to account for the environment.

The International Federation of Accountants debuted eIS, a new way to access global auditing, assurance, ethics and public sector accounting standards online.

The accounting profession is increasing its involvement with sustainability issues as the United Nations hosts world leaders at its COP26 climate change conference in Glasgow, Scotland.

The Global Reporting Initiative has confirmed Eelco van der Enden, a partner at PwC Netherlands, as its next CEO, starting Jan. 1, 2022.

The International Ethics Standards Board for Accountants has released its 2021 Edition of the Handbook of the International Code of Ethics for Professional Accountants, including International Independence Standards.

Two people charged over the accounting scandal at the furniture retailer must stand trial in Germany.

The firm expects roughly $28.9 million for its first year as administrator of the collapsed lender’s U.K. operations.

The struggling U.K. fashion retailer has failed to keep pace on price with its high-street rivals and has been closing stores.

Gabriela Figueiredo Dias will become the first chairwoman of the International Ethics Standards Board for Accountants on Jan. 1, 2022.