International accounting

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.

The real estate company has been trying to hire a new auditor since its previous one, KPMG, quit in May last year.

The telecommunications company replaced Deloitte as its auditor with KPMG International. The decision was questioned by shareholders.

The Task Force on Climate-related Financial Disclosures is seeing more than half of companies issuing at least a handful of the disclosures it recommends.

"These findings are damning," Jon Holt, CEO of KPMG in the U.K., said. "It is clear to me that our audit work on Carillion was very bad."

The changes aim to make the ESG rules more relevant to a global audience.

The international public-sector accounting board released its proposed consultation paper for its strategy and work program over the next five years.

The amount shared by the accounting firm's 1,300 U.K. equity partners is broadly the same as last year.

Cybersecurity and human capital rank as the top risks among internal auditors around the world, according to a new survey.

The Public Company Accounting Oversight Board sanctioned a Deloitte member firm in South America for violating quality control standards.

The firm said its risk controls were inadequate and its board didn't challenge leadership enough, following a months-long independent inquiry into malpractice.

The international network founded by a group of former partners from Arthur Andersen has unveiled a global valuation practice.

The board released an annual update of its ethics code to reflect the latest changes in auditing and quality management standards.

The consultancy, created by former partners of the defunct Big Five firm, expects revenue to exceed $1.9 billion this year.

Professional accountants continue to be the single most trusted stakeholders in tax in every G20 country, according to a new survey.

Ernst & Young saw one of the biggest revenue increases in its history despite the cancellation of its plan to spin off its consulting practice.