International accounting

Australian Retirement Trust, which manages A$240 billion ($159 billion) for 2.2 million members, "will not be undertaking any new contracts with PwC at this time."

PricewaterhouseCoopers handed over the names of 76 current or former partners associated with its tax leaks scandal to Australian lawmakers.

AustralianSuper is assessing the fallout from the embattled accounting firm's tax advice scandal.

Separately, IFAC issued guidance on greenhouse gas reporting with the We Mean Business Coalition.

The auditor cited insufficient disclosures around the company's transactions with certain entities.

The Big Four firm has been under fire following revelations that a former senior partner leaked secret information on tax policy to colleagues.

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.

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.