EY

Global tax professionals are concerned about the impact of the OECD's base erosion and profit shifting plan, as well as artificial intelligence technology.

KPMG is reducing headcount further after earlier layoffs this year, cutting approximately 5% of its U.S. employees.

The hacking gang has added more names to its lists of alleged victims from a recent campaign that exploited a vulnerability in a popular file-transfer product.

The rapid growth of generative artificial intelligence chatbots like ChatGPT and Bard has prompted accountants to question how these technologies can be used without threatening their livelihoods.

EY names vice chairs of Americas assurance and professional practice group; Clark Schaefer Hackett appoints next CIO; and more news from around the profession.

EY promotes 966 to partner globally; Baker Tilly admits 44 partners; and more news from around the accounting profession.

Ernst & Young has been trying to recruit more young people to join the accounting profession, but the recent cancellation of plans for splitting the global network has left the firm dealing with uncertainty.

EY is revamping two of its internal U.K. management teams, weeks after the company ditched plans to break up its audit and consulting operations globally.

Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to Beijing's crackdown on U.S.-linked auditors, as it stands to lose about a 10th of its China revenue.

The bank should have booked provisions for more than $20 billion worth of government bonds that it had accumulated in its portfolio, the auditor said.

The Big Four firm announced layoffs of 5% of its staff only days after calling off plans to spin off its consulting practice.

Plus, Nova Technology announces blockchain-powered credit management; and other accounting technology news.

EY's U.S. business is embarking on a $500 million cost-saving program over the next 12 months.

The Big Four firm's U.S. business will instead embark on a $500 million cost-saving program and focus on freeing up capital for investment.

The Big Four firm's top leaders halted a planned breakup of the firm after the U.S. affiliate decided not to take part.

Tax leaders at companies around the world are predicting the number of tax audits will increase by more than a third over the next two years.

The decision is the harshest regulatory consequence yet for the firm since Wirecard's demise almost three years ago.

The organization is making plans for easing multinational companies and government tax authorities into its Pillar Two requirements.

The Big Four firm is pausing its plans to spin off its consulting side as a separate public company as it works to appease warring partner factions.

The breakup of the Big Four accounting firm is "inevitable" due to regulatory and capital return pressure.