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Steinhoff International Holdings NV plans to dig deeper into the accounting misdeeds that brought the retailing giant to its knees as it seeks to get to the bottom of some $7.4 billion in fictitious or improper deals.
March 15
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PKF International has appointed James Hickey as the new CEO of the global network of independent accounting firms, effective March 19.
March 15
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The German payment processor’s Indian business became a focus point again and a Citigroup analyst said the company faces prolonged uncertainty because of the accounting allegations it’s facing.
March 15
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Regulators in some Asian countries are getting tougher on auditors after landmark defaults, in an increasingly high-stakes game as investors call for earlier warning signs amid expectations for debt failures to mount.
March 14
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Olympus Corp. lost a U.K. lawsuit that tried to block the pension of former head Michael Woodford after he blew the whistle on an alleged $1.7 billion accounting fraud and 13-year cover-up at the firm.
March 12
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The Association of Chartered Certified Accountants is offering a special tribute to its first female member while celebrating the role of women in accounting.
March 8
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The collaboration with the U.K.-based Chartered Institute of Public Finance and Accountancy provides a pathway to global accounting practice.
March 7
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The laboratory-testing company facing criticism for its corporate governance, will no longer use an auditor for its Luxembourg subsidiaries who was contemporaneously signing off on the accounts of businesses controlled by the company’s largest shareholder.
March 6
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Deloitte Touche Tohmatsu Limited has designated Sharon Thorne to be the next chair of the firm’s global board of directors, starting in June. She will be the first woman to chair Deloitte’s global board.
March 4
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The country hopes to reverse swelling outflows to international tax havens.
February 27
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A report that the lender was involved in money laundering is being probed in Denmark over the Estonian dirty-money scandal surrounding Danske Bank.
February 25
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The bakery chain was rescued by an Irish private-equity firm after an accounting scandal pushed the U.K. cake baker into insolvency.
February 14
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Deloitte’s member firm in Japan, Deloitte Touche Tohmatsu LLC, is paying a $2 million settlement to the U.S. Securities and Exchange Commission to resolve charges that it issued audit reports for a client at the same time dozens of its employees had bank accounts at a subsidiary of the client.
February 13 -
Milan prosecutors say former executives at BT Group were aware its Italian unit hid losses and inflated revenue by producing fictitious invoices.
February 13
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The German online payments firm Wirecard AG has seen its stock plunge by more than a third in recent days on reports of accounting misdeeds.
February 8 -
In his 17 years as chief executive officer of Germany’s Wirecard AG, Markus Braun has gained plenty of experience fighting off skeptics and critics.
February 7 -
The Association of Chartered Certified Accountants is partnering with the International Federation of Accountants on videos and case studies
February 5
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The grocer's former chief financial officer was acquitted of fraud charges, drawing into question the prosecutor’s methods.
January 23
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The global managing partner of client service at Ernst & Young will be succeeding Mark Weinberger, effective July 1, 2019.
January 18
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A quarterly survey by the Association of Chartered Certified Accountants and the Institute of Management Accountants shows signs of trouble ahead.
January 17
