Accounting standards

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.

Olli Zeidler was one of 10 Deloitte professionals who competed at the 2024 Olympics and Paralympics.

Sage's new generative AI Copilot solution, set for U.S. release later this year, is meant to make powerful automation capacities more accessible.

Auditors face increasing challenges in evaluating how organizations estimate and report credit losses.

The document will be available for comment on the International Financial Reporting Standards website.

The advice will help in determining the appropriate situations to use the standard.

Niching down your CAS practice makes marketing easier … and more effective.

An Ontario court placed the firm and owner Ben Borgers on probation for two years for unlicensed, unregistered audit work, and ordered both to pay fines.

The Gov Fin 2024 conference put a spotlight on the implications of the Financial Data Transparency Act.

PricewaterhouseCoopers LLP's China unit expects the Chinese government to hand down a six-month ban as part of punishment over its audit of failed property giant China Evergrande Group, according to a person familiar with the matter.

The commission approved proposals from the PCAOB around contributory liability, the responsibilities of the auditor, and technology-assisted data analysis.

Many cutting-edge fintech companies, such as now-bankrupt Synapse, lack essential infrastructure to effectively reconcile transactions, track funds, and maintain visibility into ledgers.