KPMG

The Big Four firm laid off approximately 700 people in its advisory business, or close to 2% of its total staff.

Markus Braun insisted he acted properly when he told markets two months before the company's spectacular demise that a KPMG probe found no wrongdoing — even though the auditor didn't have access to the documents it needed.

In his first public comments about his involvement in an episode that wiped out billions of euros in shareholder value, Braun spoke of a "day of shock and pain."

The majority of chief tax officers at multibillion-dollar companies plan to outsource more work to outside providers over the next few years, according to a new survey from KPMG.

CFOs at some of the U.K.'s largest companies have already complained to the Big Four about the high costs of audits.

The Big Four firm is partnering with the University of Northern Iowa to support a new hybrid learning program.

The Seattle-based strategic consulting firm advises clients in the technology sector.

The board released its latest inspection reports on Deloitte & Touche, PricewaterhouseCoopers, KPMG and Ernst & Young, plus BDO USA and Grant Thornton.

The board levied sanctions and fines totaling $7.7 million against three of KPMG's member firms in the U.K., India and Colombia.

A fintech company that handles bookkeeping and accounting operations for small and midsized businesses has acquired a cloud-based bookkeeping service from KPMG.

Accounting firm KPMG is expanding its Manchester presence with extra tech workers and a revamped office space with meetings at its core.

Software developer Alyse Sue will help KPMG explore new business models based on cryptocurrency and metaverse tech. 

The hybrid work model that has come into wider use since the pandemic can help organizations with diversity, equity and inclusion initiatives.

Tax experts are hypothesizing what will happen in Congress during the lame-duck session and over the next two years.

The Internal Revenue Service had 4.4 million unprocessed individual returns received this year as of Oct. 28.

NASBA installs 2022-23 board of directors; the Connecticut Society of CPAs plans Accounting Opportunities Week; and more CPA news.

While corporate sustainability reporting continues to grow amid demands from investors and regulators, problems persist with the reliability of the information and the role of accounting firms in vetting the disclosures.

Lutz adds outsourced HR services; NJCPA CEO Ralph Thomas announces retirement; and more CPA news.

The Organization for Economic Cooperation and Development introduced a framework this week for the automatic exchange of information between countries on crypto-assets, in response to a request from the G20 financial leaders.

They've also tripled since the passage of Sarbanes-Oxley in 2022, according to a recent report.