International accounting

KPMG’s U.K. chairman has resigned days after sparking widespread anger for telling employees to stop moaning about the pandemic.

Two Ernst & Young auditors were told by a German court that they must testify before a parliamentary committee about their accounting work for scandal-ridden Wirecard AG.

Embattled Chinese coffee chain Luckin Coffee Inc. filed for Chapter 15 bankruptcy in New York, less than a year after the company said that more than a quarter’s worth of business may have been faked.

The International Financial Reporting Standards Foundation may present a proposal to the United Nations in November for setting up a global sustainability standards board.

Germany wants to bolster the expertise at its top financial regulator to prevent a repeat of the Wirecard scandal that exposed significant cracks in the country’s oversight.

The coronavirus pandemic has hit revenues at most companies around the world, but almost none of them feel that they're lagging behind their competitors.

The Association of International Certified Professional Accountants found that environmental, social and governance trends are increasingly becoming part of accounting and finance professionals' job titles for 2021.

Amid a resurgence in COVID-19, accountants around the world are less confident in the chances of the economy bouncing back soon.

A former senior executive at Wirecard AG escaped from Austria to Belarus on a private aircraft last year with the help of a secret-service agent and a far-right politician.

The Association of Chartered Certified Accountants found the majority of accountants internationally believe they are in an inclusive profession, but nearly two-thirds think the profession still has an issue to deal with when it comes to diversity.

A member of Deutsche Bank AG’s supervisory board faced criticism from lawmakers and the bank itself for suggesting that Wirecard AG go after journalists that had written critical stories about the since-collapsed payments company.

The U.K. arm of Deloitte got a record fine from Britain’s accounting watchdog in September. With the full judgment against the firm laid bare last week, you can see why.

Coffey will partner with Barry Melancon on setting strategy at the association.

The United Kingdom’s Financial Reporting Council issued a report Wednesday on its sanctions against Deloitte for audits of a British software company that was acquired by HP.

Over one-third of U.S. public company audits rely on at least one audit firm abroad, according to new research.

The International Ethics Standards Board for Accountants released a report on its accomplishments over the past four years in setting ethical standards around the world.

The Institute of Management Accountants reported record growth in 2020 despite the impact of the COVID-19 pandemic on the accounting profession.

President Donald Trump on Friday signed legislation that could kick Chinese companies off of U.S. exchanges unless American regulators can review their financial audits, a move likely to further escalate tensions between the two countries.

The International Auditing and Assurance Standards Board has issued a set of three revised standards aimed at improving quality management for auditors across the globe.

The head of Germany’s accounting regulator faces scrutiny after telling a parliamentary committee that he traded Wirecard AG shares while his agency was reviewing the now bankrupt payment company’s external audits.