International accounting

At the time of the audit failures, Luceco was the parent of a group of companies producing lighting products and wiring accessories.

EY's U.S. business is embarking on a $500 million cost-saving program over the next 12 months.

The Big Four firm's top leaders halted a planned breakup of the firm after the U.S. affiliate decided not to take part.

The board released final revisions as the accounting profession adapts to rapid digitalization.

Officials at Dubai's Virtual Assets Regulatory Authority have in recent weeks asked Binance to provide more information on its ownership structure, governance and auditing procedures.

The board will initially allow companies to focus on disclosures around climate when they issue reports based on the ISSB's first two draft standards.

The decision is the harshest regulatory consequence yet for the firm since Wirecard's demise almost three years ago.

IOSCO is encouraging the development of a more global assurance framework for sustainability-related corporate reporting.

The board levied a $100,000 fine and censured Friedman LLP, a former Top 100 Firm that's now part of Marcum for improper use of Chinese audit firms.

The boards are moving to a new oversight body called the International Foundation for Ethics and Audit.