International accounting

Officials at Dubai's Virtual Assets Regulatory Authority have in recent weeks asked Binance to provide more information on its ownership structure, governance and auditing procedures.

The board will initially allow companies to focus on disclosures around climate when they issue reports based on the ISSB's first two draft standards.

The decision is the harshest regulatory consequence yet for the firm since Wirecard's demise almost three years ago.

IOSCO is encouraging the development of a more global assurance framework for sustainability-related corporate reporting.

The board levied a $100,000 fine and censured Friedman LLP, a former Top 100 Firm that's now part of Marcum for improper use of Chinese audit firms.

The boards are moving to a new oversight body called the International Foundation for Ethics and Audit.

Accountants are well positioned to counter corruption and economic crime at the global and domestic levels.

China will strengthen regulations on the CPA sector, a deputy finance minister told Deloitte after the the Big Four firm was hit by a record fine.

Management at the Brazilian retailer told auditor PwC and its audit committee there were no supply-chain financing ops, but gave securities regulators conflicting information.

The board proposes modifying IFRS 9 to deal with assets with environmental, social and governance features, as well as electronic payment systems.