The U.K.’s accounting watchdog has imposed sanctions against Grant Thornton Ltd., and a partner at the business, for its role in the alleged accounting fraud at the Patisserie Valerie bakery chain.

The annual list recognizes thought leaders, decision-makers, standard-setters and others who are shaping the future of the profession.

Financial professionals are confronting some big obstacles when it comes to environmental, social and governance reporting, according to a new survey, including competing and sometimes conflicting disclosure frameworks, reporting methodologies and stakeholder demands.

The institute has launched a new effort to bring more people into the accounting profession through its credential.

Readers are divided over whether making it easier to attain the license is advisable — or even possible.

The framework will govern how the board determines if it can’t inspect or investigate a foreign accounting firm.

The groups are marking Climate Week in New York City by urging accountants to get more involved in climate information reporting.