International accounting

Big Four firm Deloitte is looking to overhaul its structure to cut costs ahead of a market slowdown, according to the Financial Times.

The International Accounting Standards Board hopes to enhance the information provided by companies to their investors about acquisitions under IFRS.

The Praxity Alliance of independent accounting firms reported revenue of $9.7 billion in 2023, an 11% increase over 2022 at constant exchange rates.

The firm will make 329 roles redundant, while as many as 37 partners will be accelerating their retirement over the next nine months.

The internal audit function is gaining more people and funding, according to a new survey released Monday.

The Financial Reporting Council is considering either Canary Wharf or Stratford for its new main office.

The stock rose as much as 22% in Madrid on Friday after Spanish plasma maker published its annual consolidated accounts with an unqualified opinion from KPMG.

The Top 100 Firm also announced the first three member firms of the network, which will focus on food and agriculture clients.

KPMG and its partner Adrian Wilcox failed to audit the advertising agency with sufficient professional skepticism, according to the Financial Reporting Council.

The Securities and Exchange Board of India found that about 20 billion rupees may have been diverted from the entertainment company.

Current loans at EYGS LLP — the entity that provides services to the network's member firms — more than tripled from a year earlier to $983 million as of June 30, 2023.

The international network's revenue reached $5.2 billion for the fiscal year ended Dec. 31, 2023.

A Seoul court cleared Samsung Electronics Executive chairman Jay Y. Lee of all charges including stock-price manipulation and accounting fraud.

Prosecutors sought a five-year prison sentence along with a fine on charges of stock-price rigging and accounting fraud.

The international network has signed up five collaborating firms in Argentina, Chile, Colombia and Mexico.

The Korean internet and messaging powerhouse has hired a law firm to probe SM's books at the request of Kakao board's audit committee

The Global Reporting Initiative published a major update to its standard for disclosing impacts on plant and animal species.

Global fee income for accounting and audit services increased 15% to $3.6 billion, while RSM's tax revenues jumped 17% to $2.6 billion.

In the year since a $5 billion accounting fraud scandal erupted at his former company, the Rio de Janeiro native has relocated to Spain while Brazilian investigators continue their probe.

The International Federation of Accountants reviewed the most helpful research by academics, accounting organizations and firms on the role accountants are playing in ESG reporting and assurance.