BDO

The COVID-19 pandemic isn’t stopping BDO USA from pursuing a constant series of M&A deals in recent years, although the latest one had to be mostly negotiated at a safe distance.

Wirecard AG was left fighting for survival after acknowledging that 1.9 billion euros ($2.1 billion) that it had reported as assets probably don’t exist, deepening an accounting scandal that has rattled Germany’s financial industry.

Markus Braun’s almost two decades as Wirecard AG’s chief executive officer ended after accusations about the company’s accounting culminated in a shock disclosure that it was unable to locate 1.9 billion euros ($2.1 billion).

The Public Company Accounting Oversight Board issued inspection reports Monday for the six largest auditing firms in a new format with more graphs and charts.

Accounting firms across the nation are knee-deep in tax season, but now, they are also knee-deep in a crisis no one could have predicted.

Two former Puerto Rico officials, along with the head of an accounting firm and three others, were indicted over allegations of theft, money laundering and wire fraud, escalating federal investigations that have been swirling around the bankrupt U.S. territory.

Acumatica began its annual user Cloud ERP Summit in Las Vegas this year with new product announcements, as well as the news of a new strategic alliance with firm network BDO.

BDO USA LLP has united several of its technology consulting practices under a new BDO Digital business.

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

BDO USA LLP reported a record level of revenue in the fiscal year ending June 30, 2019, as the firm re-elected Wayne Berson to his third term as CEO.