PwC

The construction company's liquidators are seeking $8.4 billion in a lawsuit against PwC International and its mainland China and Hong Kong affiliates.

Plus, TransFi launches Jarvis for cross-border payment compliance; PwC Canada joins with Alation to develop AI solutions; and other accounting tech news.

The Public Company Accounting Oversight Board released its annual inspection reports for the largest six audit firms, indicating better results.

The sanctions were tied to audits of the engineering service provider and government contractor's financial statements for the 2019 and 2020 fiscal years.

Plus, new partners at Plante Moran and Schneider Downs, a new CFO at EisnerAmper; and other firm and personnel news from across the profession.

Big Four firms have been embroiled in a series of scandals rocking the consulting sector.

Hong Kong's Securities and Futures Commission struck the deal in April to settle investigations into PwC's auditing work for the collapsed developer.

Here's why every AI-powered tax initiative starts with a document problem — and what to do about it.

China Evergrande's liquidators have asked a court to void a shareholder compensation deal a regulator struck with PricewaterhouseCoopers' Hong Kong affiliate.

The collapse of the property developer is raising concerns among some partners at its former auditor about the potential impact on their own finances.

Plus, Karbon launches Kai AI co-worker, platform enhancements; Avalara rolls out Avalara Tax Essentials; and other accounting tech news and updates.

PwC, EY, KPMG and Deloitte have cut support staff in the last 12 months or so, along with Grant Thornton and law firms Baker McKenzie and Clifford Chance.

The case centers on PwC's auditing work for Evergrande, an emblem of China's property crisis since it defaulted in 2021.

PricewaterhouseCoopers agreed to pay fines and compensation to settle investigations into its auditing work for the collapsed property giant.

Hong Kong listed companies must now obtain shareholder approval to change auditors, part of a regulatory push to bolster corporate governance and transparency.

U.S. executives are gradually finding their footing 15 months into the second Trump administration, according to a new survey from PricewaterhouseCoopers, although it hasn't been easy.

The U.K. arm of the Big Four accountancy firm is merging its consulting and risk divisions, shrinking its offering from five service lines to four.

Ideagen Audit Analytics' annual report on the audit landscape shows the market share landscape remaining much the same.

Paul Griggs, CEO of PwC, said they plan to adjust billing model to factor in AI, potentially without even a human professional in the loop, and added that if any humans have a problem with it they have no place in this firm.

The case may reveal how far auditors can be held accountable for their work on insolvent companies accused of fraudulent accounting.