PwC

PwC plans major Connecticut expansion; Sensiba San Filippo attains B Corp certification; and more news from CPA offices across the country.

Workers are forced to draw on their 401(k) retirement savings for more immediate needs, according to a new survey by PwC.

Steinhoff International Holdings NV is seeking a three-year extension on most of its 9.6 billion euros ($11.3 billion) of debt as the retailer battles to come to grips with an accounting scandal that’s wiped more than 96 percent off the share price.

Carillion Plc deceived lenders and investors about its debt levels and was enabled by “complacent” auditors who failed to challenge its “aggressive” accounting, according to a U.K. Parliament report.

Steinhoff International Holdings NV’s shares plunged to a record low after the retailer warned of impairments beyond the 6 billion euros ($7.2 billion) reported in December and said it’s facing at least five lawsuits.

Forget Bitcoin -- accountants need to learn everything they can about the technology that underlies it.

With the deadline looming for private companies to comply with the new revenue recognition standard, many companies are still in the assessment stage and have yet to start the actual implementation work.

Today, you’ll find blockchain solutions from numerous enterprises emerging in the world of financial services, supply chain management, and even healthcare.

The company is probing a problem that was uncovered through an internal reporting system.

A number of accounting firms were featured on the list for keeping their staff 'happy and motivated.'