Accounting standards

The dramatic move comes in the wake of an investigation by prosecutors and Italy's market regulator into some of the club's balance sheets regarding alleged false accounting and market manipulation.

That's before a potential break-up of its auditing and consulting divisions takes effect, which could further ramp up a recruitment drive.

Accounting firm KPMG is expanding its Manchester presence with extra tech workers and a revamped office space with meetings at its core.

The next 12 months offer accounting firms lots of changes to rethink how they operate and reposition themselves to be more intentional about growth.

The Financial Accounting Standards Board is proposing a new chapter in its conceptual framework on recognition and derecognition of items in financial statements.

The Public Company Accounting Oversight Board proposed significant changes in the requirements for firms' QC systems, modernizing standards in place for decades.

The two organizations released a joint report on fostering the professionalization of the public finance workforce. 

The International Federation of Accountants named Asmâa Resmouki of Morocco as its first president from the Middle East and Africa and its third female president, to serve a two-year term.

The Top 10 Firm released its empower.x app, which helps facilitate organizational transformations.