KPMG

A student team from the Indian Institute of Technology won the annual competition that tackles real-world business issues with AI and emerging technology-based tools.

SobelCo appoints first COO; Plante Moran adds 25 partners; and more CPA news.

The Big Four firm announced it will provide a range of tax services to HP Inc. in 60 countries.

Here are some lessons learned from the 2018 tax year compliance season.

The dominant accounting firms must do a better job of challenging their clients in order to reach a satisfactory level of audit quality, the industry’s U.K. watchdog said.

KPMG appointed new leaders in the U.S. of its audit, tax and advisory businesses as the Big Four firm tries to regain trust after a bruising series of scandals.

ConvergenceCoaching launches annual “Anytime, Anywhere Work” survey; Mazars USA names chief people officer, chief marketing officer; and more CPA news.

Wirecard auditors say ‘elaborate’ fraud led to missing billions

Wirecard AG’s former chief executive officer was detained by Munich prosecutors after 1.9 billion euros ($2.1 billion) went missing from the digital-payment company, in a scandal that has rattled Germany’s financial industry.

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.