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The dramatic move comes in the wake of an investigation by prosecutors and Italy's market regulator into some of the club's balance sheets regarding alleged false accounting and market manipulation.
By Daniele Lepido and David HellierNovember 29 -
That's before a potential break-up of its auditing and consulting divisions takes effect, which could further ramp up a recruitment drive.
By Irina Anghel and William ShawNovember 28 -
Accounting firm KPMG is expanding its Manchester presence with extra tech workers and a revamped office space with meetings at its core.
By Irina AnghelNovember 28 -
The GAO recommended that the Treasury Department's Financial Crimes Enforcement Network and the IRS should review registration requirements for the machines.
By Carly Wanna, Anna Irrera and Rachel ButtNovember 28 -
Prager Metis CPAs LLC, an auditor for FTX, was sued by an investor, who also sued Armanino LLP, an auditor for FTX US, FTX's co-founder Sam Bankman-Fried and others.
By Joe SchneiderNovember 25 -
Reselling Taylor Swift tickets? You're going to have to pay taxes
By Claire BallentineNovember 21 -
These promissory notes offer buyers an accounting power: Emitters of planet-warming pollution get to deduct emissions from their own ledgers simply by purchasing tons of carbon offsets sourced to projects elsewhere.
By Akshat RathiNovember 21 -
Sam Bankman-Fried's failed FTX empire filed for bankruptcy on Nov. 11, potentially creating more than a million creditors and convulsing crypto.
By Suvashree GhoshNovember 21 -
An incorrectly formatted spreadsheet caused Iceland to price the sale of its Islandsbanki stake too cheaply earlier this year, an investigation by the National Audit Office has found.
By Ragnhildur SigurdardottirNovember 15 -
If history is a guide, the uptrend in corporate failures to be expected from rising costs of capital is likely to be accompanied by an increasing incidence of fraud.
By Matthew BrookerNovember 14