Bloomberg News

Profits at the U.K. arm of the Big Four firm declined to £1.3 billion in the year to June 2023, from £1.5 billion in 2022

The move may heighten concerns about accounting quality at the Indian conglomerate targeted by short seller Hindenburg Research.

A bipartisan group of four U.S. senators wants the IRS and Treasury Department to investigate whether nonprofit hospitals are abusing their tax-exempt status.

Paxos will publish a third-party attestation by an accounting firm on PYUSD's reserve assets.

The administration could phase in some requirements in a bid to nurture a nascent industry critical to decarbonizing industrial operations.

The disclosures that companies make about their green credentials will be evaluated by new global audit standards that are expected to be finalized by the end of next year.

Digital World Acquisition blasted Marcum for not adhering to "requisite audit procedures" that would have identified the accounting errors sooner.

The company has suspended contracts with about 60 suppliers, launched internal audits, and has put its U.S. head of procurement on leave.

With residency, luxe living and low taxes mere table-stakes, the availability of trained staff to help the ultra-rich run their lives and their money has become a key battleground.

A majority of an industry working group voted to exclude two-thirds of the emissions linked to their capital markets businesses. The accounting standard won't be mandatory.

Apart from a raid by India's financial crime-fighting agency, the tutoring startup failed to file its financial accounts on time, and U.S. investors accuse it of hiding half a billion dollars.

The federal contractor reached one of the largest procurement fraud settlements in history over a civil investigation related to its cost accounting.

California may have some of the highest personal income taxes in the country, but it's one of the few states that doesn't tax lottery wins.

Ottawa has pledged to implement a new digital services tax in early 2024, unless a global tax agreement is ratified by OECD countries.

An actor alleged his sister misspent his money on herself while he was under her guardianship. She's hired an accountant.

The education-technology titan has been rocked by the resignation of its auditor and three board members.

U.S. audit officials have started a fresh round of inspections of New York-listed Chinese companies in recent weeks as tensions mount between the world's two largest economies.

PwC, which was advising the Australian government on incoming tax rules for multinational companies, told Google about the start date of the legislation.

A bill in the state seeks to tax rich colleges that favor families of alumni and donors in admissions policies and give the money to poorer community colleges.

The professional services firm is freezing pay bands for auditors at the senior associate level.