KPMG

The FRC filed a disciplinary complaint against KPMG LLP, a former partner and current and former employees over their role in past audits of two companies.

A string of high-profile scandals have pushed the work of the world’s biggest auditors back into the spotlight.

The U.K.’s industry regulator said it was “unacceptable” that for the third year running the accounting firm’s work wasn’t up to scratch.

The overemphasis on measuring and reporting sustainability has delayed, and displaced, the urgent action needed to tackle societal challenges.

The Malaysian government is seeking more than $5.6 billion from the auditors over their role in auditing the state investment fund.

KPMG has been increasing its efforts to provide environmental, social and governance services to clients through a new initiative called KPMG Impact.

KPMG U.K. Ltd. faces a 15 million pound ($21 million) fine after it committed “gross misconduct” over a conflict of interest when it advised bed manufacturer Silentnight and the private equity firm that bought it in 2011.

FICPA names Women to Watch; Weaver promotes seven to partner; and more CPA news.

The top 10 firms grew their share of the SEC audit market slightly, but the increase didn’t go to the biggest firms.

The KPMG Board Diversity Disclosure Benchmarking Tool lets corporate leaders, investors, staff and other professionals compare diversity board practices by sector, index and company size.