International accounting

Crowe Global, the eighth largest network of audit, tax and advisory firms, reported global revenues of $4.4 billion in 2019, an increase of 3.5 percent (not counting the impact of foreign currency exchange), the network’s eighth year of consecutive growth.

The international accounting firm network reported revenues of $1.98 billion in its 2018-2019 fiscal year.

The International Ethics Standards Board for Accountants has released two exposure drafts for proposed ethical standards aimed at strengthening the non-assurance services and fee-related independence provisions of the International Code of Ethics for Professional Accountants.

Wulf Matthias of Wirecard AG resigned after months of controversy over the digital payments company’s accounting practices.

The International Ethics Standards Board for Accountants has released a set of revisions to the International Code of Ethics for Professional Accountants, making some changes in the independence standards for assurance engagements, other than audit and review engagements.

The International Accounting and Assurance Standards Board has released a revised standard for identifying and assessing the risks of material misstatements.

The Public Interest Committee, which oversees the standard-setting activities of the International Public Sector Accounting Standards Board, has initiated a public survey on the governance arrangements at the IPSASB to gauge perceptions of the standard-setting group’s oversight.

The Big Four firm is seeing growth across geographic regions and service areas.

Candidates for the council of the local CPA institute are being judged on their positions in city-wide political debates.

The firm saw year-over-year growth of 10.1 percent, up from 8.3 percent growth in 2018.

The Big Four firm is winning back customers and no longer bleeding staff as it rebuilds an image tarnished by a series of scandals.

The International Federation of Accountants has named its first-ever board that has a majority of female members.

The payment provider said it followed all reporting obligations properly amid renewed concerns about its accounting practices related to a delayed audit of the German company’s accounts in Singapore.

The consulting practices of accounting firms saw their revenues increase 15.9 percent in 2018 to surpass $2 billion for the first time ever, reaching $2.1 billion, according to a new report.

The deal will encompass more than 250 accounting, tax, and advisory member firms in nearly 100 countries.

Last Wednesday I spent the day in Manhattan and some things occurred that I would like to share here.

CEO Steve Heathcote plans to expand the association, especially in Asia and Europe.

Despite a series of accounting scandals, the major firms are increasing their dominance.

The International Federation of Accountants issued a report indicating strong support for international accounting and auditing standards, particularly in areas where IFAC member organizations are involved in the process from beginning to end.

Rising tensions between Washington and Beijing have prompted some White House officials to fixate on a provocative question with big implications for global markets: Why can Chinese companies sell shares in the U.S. when American regulators are barred from inspecting their books?