Accounting standards

After a decades-long impasse that led to a threat to kick about 200 Chinese firms off New York stock exchanges, PCAOB inspectors may soon get their first look under the hood of some of China's largest corporations.

PCAOB sanctions Canadian firm over noncooperation with inspections

The commission has accused California-based VMware of running a scheme that used license key delays as its mechanism.

The International Accounting Standards Board introduced update proposals for the IFRS for SMEs accounting standard for small and medium-sized entities.

Her son, Charles, a longtime proponent of the accounting profession's role in sustainability reporting through the group he founded in 2004, Accounting for Sustainability (A4S), is succeeding her on the throne as King Charles III.

The Big Four firm's leaders have approved a plan to separate EY's audit and consulting businesses around the world.

The Big Four firm reported record revenue worldwide for fiscal year 2022 of $59.3 billion.

The warning follows several businesses switching to U.S. auditors amid an ongoing dispute between regulators in Washington and Beijing.

The plan includes more than 30 specific actions for the accounting profession related to education, evidence-based policy, global standards, partnership and thought leadership.

The firm discovered during an audit in December that it had made an error in processing seven months earlier.