International accounting

China may suspend some of the global auditor's local operations over its role in one of the nation's biggest alleged financial fraud cases.

China Taiping Insurance Holdings, China Merchants Bank, China Railway Group, China Electronics Huada Technology and People's Insurance Company (Group) of China are among those that changed auditors.

The new firm will be led by KPMG's U.K. CEO, Jon Holt, while Stefan Pfister, currently the boss of the Swiss arm, will become deputy CEO.

SMBs and their financial advisors have deep concerns about the impact of bribery and corruption, according to a new survey.

The IFRS Foundation attributed the increase in revenue and expenses to consolidated operations in its 2023 annual report.

The bakery chain collapsed into insolvency in 2019 after a forensic investigation revealed thousands of false entries in its accounts.

Deloitte auditors have been turning their attention to climate risks affecting clients who need to deal with a growing array of regulations and laws.

The AFRC will investigate an anonymous report alleging deficiencies in the firm's quality management and the quality of its audits of the Chinese real estate giant.

Ernest John Nedder, a partner and chief strategy officer at RSM US, will be the next CEO of the RSM International network, succeeding Jean Stephens on June 1.

PricewaterhouseCoopers said it will investigate an anonymous letter circulating on social media that made "false allegations" about the company and its partners over its role in auditing China Evergrande Group.

The two boards both published new strategic plans for the next few years in coordination with each other.

The cutbacks in the Australia region are the latest sign of pressure in an industry that spans accounting, audit and consulting.

The new standard represents one of the biggest changes to IFRS in decades.

The board imposed its largest-ever penalty of $25 million against KPMG's firm in the Netherlands, in addition to $2 million in fines against Deloitte's firms in Indonesia and the Philippines.

Grifols SA shares dropped as investors evaluated a regulatory review of the Spanish bio-science company's financial reports, which found "relevant deficiencies" but no major accounting mistakes.

Markus Jooste allegedly took his own life after being notified of arrest warrants over an accounting scandal.

Chinese authorities are ramping up pressure on the global accounting giant that audited a slew of developers before the sector's meltdown.

The Public Company Accounting Oversight Board sanctioned an Israeli auditor and her firm for violating the PCAOB's rules in several audits, imposing a $200,000 penalty.

Big Four firm Deloitte is looking to overhaul its structure to cut costs ahead of a market slowdown, according to the Financial Times.

The International Accounting Standards Board hopes to enhance the information provided by companies to their investors about acquisitions under IFRS.