KPMG

Sweeping audit reforms are aimed at reining in the dominance of the big firms and cleaning up the industry following a string of high-profile scandals.

A KPMG report showed Cevdet Caner — who was not supposed to have any direct role in the company — setting meetings, weighing in on pay and berating executives.

The FRC fined the Big Four firm and partner Anthony Sykes over its 2010 audit of the carmaker, the latest in a long list of audit scandals surrounding the firm.

Roman Abramovich’s U.K. business empire stretched far beyond Chelsea Football Club. Among those who helped build it was an upstart firm with an illustrious name.

The Big Four firm will pay more than $17.1 million over misconduct on major work it carried out for collapsed Carillion Plc and data services company Regenersis.

KPMG's Audit Practice's CPA Kickstart program, a two-month, 40 hours a week initiative launching this summer, will offer new hires compensation and benefits to study for the Uniform CPA Exam's FAR and REG sections.

KPMG and FICPA both name execs to newly created roles; Indiana CPA Society awards eight scholarships; and more CPA news.

A recent report from the Big Four firm says audit committee members can no longer afford a "set it and forget it" approach to security.

The Big Four firm and the tax compliance software developer are aiming to provide a wider array of VAT reporting and compliance solutions.

The auditor refused to provide an opinion on the accounts after the embattled German landlord withheld information on some deals.