The Latest

Wirecard suffered one of the worst stock slumps in the history of Germany’s benchmark index after revealing that about 1.9 billion euros ($2.1 billion) in cash has gone missing, spooking investors who have endured years of allegations of wrongdoing at the payments company.

Treasury Secretary Steven Mnuchin withdrew the U.S. from international talks over a digital tax deal after failing to reach an agreement with countries looking to place levies on the revenue of American tech companies, U.S. Trade Representative Robert Lighthizer said.

PKF North America is uniting the transaction advisory and valuation practices of six of the firms in the PKF International network and forming PKF Advisory LLC.

BDO USA, a Chicago-based Top 10 Firm, has added Piercy Bowler Taylor & Kern, CPAs, a firm based in Las Vegas, expanding BDO’s presence in Nevada and Utah.

Joseph Rugger, an accounting director and profit consultant at Tooth & Coin, received the ninth annual award honoring the memory of Maximo Mukelabai.

Amid the economic crisis, many people are looking for sources of cash and can no longer afford their insurance premiums.

The Small Business Administration and the Treasury Department unveiled a simpler loan forgiveness application for the Paycheck Protection Program to reflect changes under the PPP Forgiveness Act.

Rewind Copy allows accountants to set up a new client and migrate their data quickly instead of manually importing files.

The software detects errors and anomalies in complex business data within accounting software, aimed at reducing the frequency and the cost of fixing them for accountants and bookkeepers.

Wave Money integrates with Wave’s financial management software for a full money management experience.