International accounting

The International Federation of Accountants reiterated its call this week for an international sustainability standards board under the purview of the International Financial Reporting Standards Foundation.

The International Accounting Standards Board is looking into the standards for consolidated financial statements, or group accounting.

Hong Kong has received the first access to financial audits from mainland Chinese companies, an issue that has vexed relations between the U.S. and China and threatens to lead to the delisting in New York of giants such as Alibaba Group Holding Ltd.

The International Accounting Standards Board began a consultation process in preparation for possible changes in the accounting standards for mergers and acquisitions.

Deutsche Bank AG’s top accounting executive, Andreas Loetscher, is being investigated over his role as the auditor of Wirecard AG while he was with his former firm, Ernst & Young, two people familiar with the matter said.

The House is set to vote on bipartisan legislation that would impose restrictions on Chinese companies listed on U.S. exchanges, including requiring certification that they’re not under control of a foreign government.

The Association of Chartered Certified Accountants has named Mark Millar, the former head of a hospice in the United Kingdom, as its new president.

Wirecard AG’s former chief executive officer appeared in public for the first time since his July detention in connection with the collapse of the electronic payment company, but lawmakers hoping for insights from the disgraced manager were left disappointed.

Andreas Barckow was appointed Thursday by the trustees of the IFRS Foundation, as the next chair of the board, succeeding longtime chair Hans Hoogervorst in July 2021.

The first-of-its-kind agreement will help the island nation create a pipeline of future-ready professionals.

The International Public Sector Accounting Standards Board has deferred the effective dates of several upcoming standards and amendments amid the COVID-19 pandemic.

The partnership will provide member firms of the international association of independent accounting firms with more resources, tools and thought leadership to grow their business opportunities.

Accountants can make a significant contribution to the economy at the local, national and global levels, according to a new report from the International Federation of Accountants.

The international firm aims to raise its profile with large, multinational clients.

The Big Four firm is opting for continuity in the midst of upheaval.

Boohoo Group Plc, the scandal-hit fast-fashion retailer, may struggle to line up a top-flight audit firm after parting ways with PricewaterhouseCoopers.

The institute is asking the U.S. government to help authorities in Liberia investigate the recent deaths of four government auditors who were looking into possible misappropriation of funds.

Boohoo Group Plc shares fell the most since August after the U.K. fast-fashion retailer caught up in a labor scandal said it’s seeking a new auditor to replace PricewaterhouseCoopers.

Troubled commodities trader GP Global Group has “accounting irregularities” in its books, according to the restructuring adviser hired to salvage the company’s assets.

Accounting and financial controllers are some of the hardest-working executives in an organization, but unfortunately they are often overlooked.