International accounting

Law firms and reporting accountants would join sponsors in the public spotlight if a filing fails to meet basic standards.

The global network of independent accounting, audit, tax and consulting firms surpassed $1 billion in total revenues for the first time last year.

Leaders of accounting organizations in the U.S., Canada and Mexico signed a memorandum of understanding to extend an agreement easing cross-border practice.

The International Accounting Standards Board is finalizing a standard to give investors a clearer picture of utilities' performance and future cash flows.

The International Federation of Accountants released data on the growth of private equity in the global accounting profession.

Crowe Global reported revenues of $6.5 billion in 2025 across its international accounting firm network, a 12% increase year over year.

Forvis Mazars reported its combined revenue globally for fiscal years 2024-25 reached $5.7 billion, or about 11% year-over-year growth.

Federal attention to foreign influence in higher education has intensified.

A Japanese accounting group is seeking to ease rules on how life insurers book paper losses on government bonds, a move that would provide a relief for the major holders of the nation's debt.

Turkey hired Ernst & Young LLP to lead a multibillion-dollar privatization of two landmark Istanbul bridges and a string of highways.

KNAV Advisory acquired UAE-based assurance and advisory firm Affiniax Group, expanding its presence in the Middle East.

The International Public Sector Accounting Standards Board released a standard to help entities consistently report climate-related risks and opportunities.

PwC executives have asked teams to resume pitching for work with Saudi Arabia's Public Investment Fund after a one-year ban expired.

Baker Tilly International saw its global network of accounting firms score a record amount of total revenue for the fiscal year ending Dec. 31, 2025.

The International Ethics Standards Board for Accountants outlined its views of eight fundamental elements of an ethical culture and governance framework.

Chartered Professional Accountants of Canada has signed a memorandum of understanding with the Pan African Federation of Accountants.

The venerable U.K. retailer also cut its annual dividend after an accounting error in its North American business triggered a stock slump.

The Public Company Accounting Oversight Board has reached a deal with the Cyprus Public Audit Oversight Board.

Growth was led by tax (7%) and advisory (4%), followed by audit and assurance (3%) and business services outsourcing (2%).

The Public Company Accounting Oversight Board sanctioned U.S.-based TPS Thayer for failure to reasonably supervise an unregistered firm in China.