International accounting

The International Federation of Accountants is looking for an outstanding individual to become its next leader.

The two men were named by the retailer in 2019 following a forensic probe by PwC that uncovered $7.2 billion of irregular transactions.

The bank should have booked provisions for more than $20 billion worth of government bonds that it had accumulated in its portfolio, the auditor said.

The board proposed revisions to its current going concern standard with the goal of improving transparency and consistent practices.

Finance professionals felt a little more upbeat about the world economy in the first quarter of the year, according to a recent survey.

The trial of Markus Jooste was halted on day one after he was unable to leave his home country South Africa.

At the time of the audit failures, Luceco was the parent of a group of companies producing lighting products and wiring accessories.

EY's U.S. business is embarking on a $500 million cost-saving program over the next 12 months.

The Big Four firm's top leaders halted a planned breakup of the firm after the U.S. affiliate decided not to take part.

The board released final revisions as the accounting profession adapts to rapid digitalization.