EY

The Securities and Exchange Commission appointed Kurt Hohl, a former partner at Ernst & Young, as its new chief accountant, effective July 7.

KPMG anoints next management committee; Ryan forms Tariff Task Force; and more news from across the profession.

Grant Thornton names heads of health care, asset management and energy; CohnReznick hires data and AI practice leader; and more news from across the profession.

The Financial Reporting Council found EY "demonstrated a complete lack of professional skepticism" and failed "to be alert to conditions that may have indicated possible fraud."

EY continued to audit NMC Health Plc despite suspicions that management withheld key documents that revealed its true debt position.

Plus, EY announces Integrated Finance Managed Service; Ignition debuts AutoCollect solution; and other accounting tech news and updates.

PICPA installs new president; PCAOB appoints acting chief economist; and more news from across the profession.

NJCPA awards $190K in scholarships; Iowa Society of CPAs names next CEO; and more news from across the profession.

Carr, Riggs & Ingram appoints CFO and chief legal officer; TSCPA hosts accounting bootcamp; and more news from across the profession.

Big Four firm EY announced a collection of new AI solutions to enhance the work of its assurance professionals, as part of its $1 billion investment in AI.

The 10 firms with the most public company audit clients accounted for 65% of the total market, down from 70% in 2023.

The Public Company Accounting Oversight Board's inspection staff found noticeable improvements in the deficiency rates of the six largest global auditing firms.

By helping accountants to predict results and make informed, proactive decisions, the rise of predictive analytics improves traditional accounting tasks.

Lohman adds professional services line; Nathan Wechsler hires COO; and more news from across the profession.

Big Four firms EY and Deloitte, as well as accounting automation solutions provider Digits, all announced separate partnerships with technology company Nvidia.

Plus, Intuit launches Tap to Pay for iPhone users, AuditBoard unveils new AI-driven features, and other accounting tech news.

Brown Plus appoints first information technology director; IFRS Foundation announces new Advisory Council chair; and more news from across the profession.

Decentralized finance companies are breathing a sigh of relief after the Treasury and the Internal Revenue Service gave them a two-year delay on reporting.

The former U.S. Army sergeant shared strange similarities with a suspect in the Las Vegas terror attack, but the FBI says there is no link between them.

The investigation determined that "the conclusions EY stated in its resignation letter were not supported by the facts examined in the review."