International accounting

Italy's football federation penalized the billionaire Agnelli family's team by cutting its points standing following an investigation into accounting practices.

The venture capital firm will work with Ernst & Young on some of these audits and will increase budget allocations to help investee companies put governance guardrails in place.

Hours after revealing a scandal, Sergio Rial attempted to explain the accounting gap that pushed him to quit his new job at the helm of Americanas.

EY Chief Executive Officer Carmine Di Sibio said "it's business as usual" when it comes to hiring, with a tight jobs market even as several big firms begin to cut staff.

Private companies in the U.S. are still adjusting to the standard that took effect last year, as international standard-setters are proposing new rules for the public sector.

Evergrande's board recommended the resignation of PwC after the two firms couldn't "agree on the timetable and the scope of work in respect of the assessment on the group's going concern basis."

The board proposed amendments to its income tax standard to provide temporary relief from the imminent implementation of the Pillar Two model rules.

As digital transformation continues to accelerate the evolution of tax and accounting, the players who expedite their embrace of these six tech trends will have an early mover advantage.

Piles of relevant documents were disclosed to the defense only four weeks before the trial started.

Markus Braun's payment company collapsed under the weight of fraud allegations, wiping out billions in shareholder value.