PwC

The unit will be a separate legal entity, and won’t advise on U.S. legal issues.

The Big Four accounting firms are moving more into the legal services market, competing with law firms on their traditional turf, according to a new report.

Dave Camp, the former head of Congress’s tax-writing House Ways and Means Committee, said he doesn’t think a revamp of the U.S. tax code will happen this year.

The Committee of Sponsoring Organizations of the Treadway Commission released a long-awaited update Wednesday to its ERM Framework: Enterprise Risk Management–Integrating with Strategy and Performance, the first since 2004.

The Top 10 Firms were part of 100 companies voted on by current summer interns.

KPMG chairman and CEO Lynne Doughtie, Ernst & Young chairman and CEO Mark Weinberger, and PricewaterhouseCoopers U.S. chairman and senior partner Tim Ryan are weighing in on the protests in Charlottesville, Va., last weekend, denouncing the bigotry and hatred on display.

PricewaterhouseCoopers LLP was fined 5.1 million pounds ($6.6 million) for misconduct over its audit of RSM Tenon Group Plc in the largest-ever sanction issued by the U.K. accounting regulator.

Many accounting and finance professionals are in high gear preparing their organizations and clients for the transition.

In early 2015, a previously unknown entity published a series of scathing reports attacking the accounting practices of a Hong Kong commodity trader.

The Public Company Accounting Oversight Board has imposed a $1 million civil penalty against PricewaterhouseCoopers and censured the firm for its audits of Merrill Lynch.