International accounting

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.

Another downgrade by Moody's hit the manufacturer of mini motors' stock price.

The Public Company Accounting Oversight Board has made a pact with Lithuania's audit regulator to allow the two organizations to cooperate on overseeing firms.

The Top 10 Firm agreed to add Grant Thornton Brazil to its multinational platform, extending its reach into Latin America.

The Top 10 Firm agreed to add Grant Thornton Poland to its multinational platform, expanding its presence in Europe.

The International Accounting Standards Board is facing the prospect of a substantial deficit estimated at £5 million ($6.5 million).

Grant Thornton Advisors is adding Grant Thornton New Zealand to its multinational platform, extending its reach into the Asia Pacific region.

The International Accounting Standards Board and the International Sustainability Standards Board are developing standards for rate-regulated activities and carbon.

The International Federation of Accountants is teaming with the International Bar Association to combat money laundering, while signing a pact with audit groups.

The German maker of packaging for medicines and cosmetics said it is "more likely to assume" it failed to properly recognize sales during the 2024 fiscal year. .