International accounting

The International Accounting Standards Board added new disclosure requirements with the goal of improving the transparency of supplier finance arrangements.

Ernst & Young has been trying to recruit more young people to join the accounting profession, but the recent cancellation of plans for splitting the global network has left the firm dealing with uncertainty.

The International Federation of Accountants wants more accounting organizations to get involved in combating corruption around the world.

EY is revamping two of its internal U.K. management teams, weeks after the company ditched plans to break up its audit and consulting operations globally.

The board is proposing to make the standards it inherited last year more applicable across the globe.

The Institute of Singapore Chartered Accountants and the Kampuchea Institute of CPAs and Auditors signed a memorandum of understanding.

The Public Company Accounting Oversight Board found problems in its initial audit firm inspections in China.

Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to Beijing's crackdown on U.S.-linked auditors, as it stands to lose about a 10th of its China revenue.

Jan Du Plessis took over Britain's Financial Reporting Council last year following a series of scandals that left investors nursing heavy losses.

He formerly chaired the U.K. Accounting Standards Board and the IFAC's Public Sector Committee, which became the International Public Sector Accounting Standards Board.