Accounting standards

The firm agreed to settle charges with the SEC over negligence for its work for the now shuttered crypto exchange.

The International Accounting Standards Board has begun a research project to review the requirements for the statement of cash flows and related matters.

Hong Kong's Accounting and Financial Reporting Council said its review of PwC's local practice, which is separate from China's probe, is still "in progress."

China suspended the operations of PricewaterhouseCoopers LLP for six months and imposed a record penalty over lapses in its auditing of China Evergrande Group.

Stampli unveiled Stampli Cognitive AI, which sports what it says are "human-level" purchase order matching abilities.

The SEC approved the PCAOB's QC 1000, which will require firms to identify risks to their practice and design quality control systems that can safeguard against those risks.

Unlike the U.S., where the federal government can offer tax breaks, EU taxation rests with member states, leaving the bloc to work largely through loans and grants.

Disclosures of critical audit matters are fueling investment decisions, according to a study by the Center for Audit Quality.

PricewaterhouseCoopers resigned as auditor for defaulted developer Country Garden Holdings, as both firms navigate challenges to keep operations afloat in China.

The International Auditing and Assurance Standards Board 2023-2024 Handbook includes ISA 600 and ISA for LCE.