International accounting

U.S. and South African accounting organizations extended a mutual recognition agreement through mid-2031, allowing accountants to practice in both countries.

PricewaterhouseCoopers agreed to pay fines and compensation to settle investigations into its auditing work for the collapsed property giant.

The International Sustainability Standards Board decided during a meeting on Earth Day that it will propose a set of requirements for nature-related disclosures in the form of an IFRS Practice Statement.

Hong Kong listed companies must now obtain shareholder approval to change auditors, part of a regulatory push to bolster corporate governance and transparency.

Understanding the differences and setting expectations properly can make or break a successful engagement.

Global economic confidence has been shaken by the war in Iran and surrounding countries, according to a new survey of accountants.

The International Forum of Independent Audit Regulators released a report summarizing its annual survey of inspection findings from audit regulators around the world.

The International Federation of Accountants wants accounting organizations to align with its quality management standards and offer more pathways to the profession.

Verifying environmental and social impacts is more complex than traditional financial accounting. But complexity is not a reason for retreat.

The International Ethics Standards Board for Accountants is launching a project to determine whether they need to set ethical standards for firms with alternative practice structures.

As part of Prime Minister Keir Starmer's efforts to grow the economy, the UK audit regulator plans to cut the number of inspections it does.

PricewaterhouseCoopers network affiliates in Mauritius, Kenya and Rwanda can't provide professional services for projects financed by the institution for 21 months.

KPMG International elected Gary Wingrove as its next global chairman and CEO, succeeding Bill Thomas in a four-year term, effective Oct. 1, 2026.

Law firms and reporting accountants would join sponsors in the public spotlight if a filing fails to meet basic standards.

The global network of independent accounting, audit, tax and consulting firms surpassed $1 billion in total revenues for the first time last year.

Leaders of accounting organizations in the U.S., Canada and Mexico signed a memorandum of understanding to extend an agreement easing cross-border practice.

The International Accounting Standards Board is finalizing a standard to give investors a clearer picture of utilities' performance and future cash flows.

The International Federation of Accountants released data on the growth of private equity in the global accounting profession.

Crowe Global reported revenues of $6.5 billion in 2025 across its international accounting firm network, a 12% increase year over year.

Forvis Mazars reported its combined revenue globally for fiscal years 2024-25 reached $5.7 billion, or about 11% year-over-year growth.