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The lawsuit, filed by a Florida-based public pension fund, appears to be the first targeting the bank since it was crushed in early March by unprecedented outflows.
April 26 -
MindBridge's statistical, machine learning and rules-based analytics technology will be incorporated into the Big Four firm's audit platform, Clara.
April 24 -
At the time of the audit failures, Luceco was the parent of a group of companies producing lighting products and wiring accessories.
April 14 -
The Big Four firm will be the title sponsor for Curry's Underrated Golf program to advance equity, access and opportunity for underrepresented youth in golf.
April 13 -
For the second year, the Big Four firm is tracking the results of its ESG commitments.
April 13 -
The Big Four firm was sued along with underwriters including Goldman Sachs Group, Bank of America and Morgan Stanley over alleged misstatements leading to the bank's collapse.
April 10 -
VSCPA announces $15K investment into CAQ's Accounting+ initiative; Pinion appoints five to principal; and more news from across the profession.
April 7 -
The Big Four firm's incubator has spun out its very first startup: an AI security company called Cranium.
April 6 -
Plus, Genius Scan introduces new expense reporting capacities; Xero to retire WorkflowMax; and other news from the accounting technology arena.
March 24 -
Overall new client additions — and departures — continue to rise, thanks to M&A.
March 23 -
The Big Four firm gave a clean audit opinion to Silicon Valley Bank's parent company and Signature Bank only weeks before they failed.
March 15 -
As part of its DEI initiatives, KPMG introduced a Tax Scholarship Program to allow students from underrepresented groups to pursue a master's degree.
March 3 -
The Big Four firm laid off approximately 700 people in its advisory business, or close to 2% of its total staff.
February 16 -
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.
February 16 -
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."
February 14 -
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.
January 31 -
CFOs at some of the U.K.'s largest companies have already complained to the Big Four about the high costs of audits.
January 31 -
The Big Four firm is partnering with the University of Northern Iowa to support a new hybrid learning program.
January 23 -
The Seattle-based strategic consulting firm advises clients in the technology sector.
January 5 -
The board released its latest inspection reports on Deloitte & Touche, PricewaterhouseCoopers, KPMG and Ernst & Young, plus BDO USA and Grant Thornton.
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