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Prosecutors alleged that Autonomy used a number of manipulations to make its revenue growth appear better than it was, so vendors would then buy the company's products.
June 7
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Former Baker Tilly member firms in Mexico joined CliftonLarsonAllen Global to create CLA Mexico; Marcum Technology acquired CLA's IT Enhanced Managed Services Division; Doeren Mayhew acquired Nearman, Maynard, Vallez CPAs; and Rea & Associates merged in Koontz & Parkin, CPAs.
June 3
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The global accounting network will have a combined $5 billion in revenue, 40,000 employees and nearly 1,800 partners in 103 different countries.
June 3
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The Ministry of Finance may announce the penalties on Big Four firm PwC as soon as this week.
May 31
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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.
May 30
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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.
May 29
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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.
May 28
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SMBs and their financial advisors have deep concerns about the impact of bribery and corruption, according to a new survey.
May 15
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The IFRS Foundation attributed the increase in revenue and expenses to consolidated operations in its 2023 annual report.
April 29
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The bakery chain collapsed into insolvency in 2019 after a forensic investigation revealed thousands of false entries in its accounts.
April 26
