International accounting

A Milan appeals court overturned a previous guilty verdict for the ex-CEO of Banca Monte dei Paschi di Siena SpA.

The International Auditing and Assurance Standards Board has unveiled a new standard for auditing smaller businesses and organizations.

Like other firms, KPMG has been battling a fall in demand for its services caused by the tougher economic climate.

The International Financial Reporting Standards Foundation trustees reappointed Emmanuel Faber to serve a second term as chair of the International Sustainability Standards Board through the end of 2027.

Mohammed Kande has been the Big Four firm's global advisory leader since 2019 and involved in PwC's artificial intelligence efforts.

The hub will support use of the International Sustainability Standards Board frameworks for disclosing climate risks.

The board levied penalties against three firms in China, including member firms of PricewaterhouseCoopers that it found were improperly sharing answers to exams.

Sustained high interest rates are pushing Canada toward a recession.

Revised financial statements mark an attempt to "turn the page" for the scandal-struck Brazilian retailer

Janet Truncale most recently was the regional MP for EY's financial services organization in the Americas.

The two-member combination will be called Forvis Mazars when it's finalized next June.

Magazine Luiza's announcement of accounting "inconsistencies" deals another blow to companies that have struggled after the scandal that brought down Americanas.

The board has issued an accounting standard for governments around the world to use for reporting on retirement plans.

The IFRS Foundation's Lee White will succeed Kevin Dancey at the International Federation of Accountants in March.

The bulk of the cuts will be aimed at the advisory division.

Jean Stephens, who has led the group for 17 years, plans to step down in May 2024 and become a senior advisor to the network.

The Top 10 Firm has been building its international network since last year, with further expansion plans as it begins to roll out AI technology.

Partners at the Ernst & Young in the U.K. saw their share of profits drop for the first time in three years as the Big Four face economic uncertainty.

The NFRA has requested files and communications related to S.R. Batliboi's audits on some companies going as far back as 2014, sources said.

The accounting firm will use artificial intelligence to consult on complex matters in tax, legal and human resources.