International accounting

KNAV Advisory added Aventus Partners, strengthening its U.K. operations and continuing its international expansion strategy.

The International Auditing and Assurance Standards Board released a revised standard on how auditors should evaluate a business's prospects as a going concern.

The board is mulling changes in its auditor independence standards for audits of collective investment schemes involving connected parties and pension funds.

The Financial Reporting Council hit PwC with a $3.8 million penalty and one of its accountants with a $43,250 penalty over their audit of Sanjeev Gupta's Wyelands Bank.

The Board and the Romanian audit oversight authority agreed on a statement of protocol that allows for cooperation for the oversight of auditors.

Managers at Deloitte and Ernst & Young have instructed staffers to prepare for more work in the kingdom.

The PCAOB censured the firm, imposed a $2.75 million fine and instituted quality control requirements.

The southern African nation's difficult operating environment recently led to the exit of global accounting firms Deloitte LLP and PwC LLP.

Hiring and salaries grew more quickly for accountants than any other job group last year, according to a new report.

Andersen Consulting has returned as a consulting practice affiliated with the global network that was rebuilt after the collapse of the former Arthur Andersen.

RSM International announced its 2024 financial results, reporting 15% growth in global fee income and 11% growth in tax revenues.

The Top 50 Firm has created an international network of independent firms that it's calling BPM Global Ltd., beginning with Enspira Financial in Australia.

The world economy is poised for "reasonable, but not particularly exciting" growth, yet uncertainties abound, according to a new report.

A draft report from Deloitte raised questions about transactions by Pro-Gest and its owners, including money allegedly spent on a yacht and a winery.

The International Auditing and Assurance Standards Board and the International Ethics Standards Board for Accountants launched their sustainability standards.

Accountants and other financial professionals in the U.S. are showing more signs of confidence in the economy, but optimism is waning elsewhere.

Gambling operators have attracted increasing regulatory scrutiny in the U.K. in recent years, leading to significant fines.

The International Ethics Sustainability Board for Accountants said its Global Ethics Sustainability Standards have been certified by the PIOB and IOSCO.

The Institute of Internal Auditors announced that its Global Internal Audit Standards officially became effective on Jan. 9.

The International Ethics Standards Board for Accountants plans a standard-setting project on accounting firm culture and governance in response to a new report.