International accounting

The board is surveying stakeholders about easing the audit requirements for less complex companies, while beefing them up for more complicated structures.

The Institute of Internal Auditors and the Association of Chartered Certified Accountants have signed a three-year renewal of their existing agreement.

KPMG International reported the annual aggregated revenues of its member firms around the world grew 10% to $32.13 billion for the fiscal year ending Sept. 30, 2021.

The football club's offices were searched by Italian financial police seeking information about player trading between 2019 and 2021.

The collapsed payment processor is set to depart Germany's main exchange in Frankfurt next week after an accounting scandal.

The claimants allege that KPMG “failed to maintain independence and an appropriate attitude of professional skepticism" in the insolvency of Dubai private-equity firm Abraaj Group.

The institute joins two other groups in withdrawing because of the involvement of officials from Myanmar.

CPA Australia and CA ANZ have withdrawn from an upcoming conference in Singapore due to the involvement of officials from Myanmar.

The commission approved a rule to ensure the Public Company Accounting Oversight Board can inspect firms in other countries, especially China.

A U.K. Treasury report that almost ignores the long-term costs of not reducing emissions highlights the need to account for the environment.