International accounting

The Public Company Accounting Oversight Board has made a pact with Lithuania's audit regulator to allow the two organizations to cooperate on overseeing firms.

The Top 10 Firm agreed to add Grant Thornton Brazil to its multinational platform, extending its reach into Latin America.

The Top 10 Firm agreed to add Grant Thornton Poland to its multinational platform, expanding its presence in Europe.

The International Accounting Standards Board is facing the prospect of a substantial deficit estimated at £5 million ($6.5 million).

Grant Thornton Advisors is adding Grant Thornton New Zealand to its multinational platform, extending its reach into the Asia Pacific region.

The International Accounting Standards Board and the International Sustainability Standards Board are developing standards for rate-regulated activities and carbon.

The International Federation of Accountants is teaming with the International Bar Association to combat money laundering, while signing a pact with audit groups.

The German maker of packaging for medicines and cosmetics said it is "more likely to assume" it failed to properly recognize sales during the 2024 fiscal year. .

PricewaterhouseCoopers reported its global gross revenues for fiscal year 2025 increased 2.9% in U.S. dollars.

RSM US and RSM UK partners approved a new transatlantic partnership structure in a nearly unanimous vote, effective Jan. 1, 2026.

A new international accounting standard for nonprofit organizations has emerged, drawing on the work of established standard-setters.

The International Federation of Accountants has released a set of principles with the goal of widening access to the accounting profession.

The Institute of Internal Auditors has set up a Global Audit Committee Center in Washington, D.C., to provide a global hub for strengthening audit committees.

The former long-time head of the American Institute of CPAs has been named chair of the global accounting network.

The International Federation of Accountants chose Thomas Müller-Marqués Berger as the new chair of the International Public Sector Accounting Standards Board.

The internal audit profession has been grappling with a greater array of responsibilities beyond checking up on corporate finances, including vetting companies' cybersecurity and use of artificial intelligence.

Paul Atkins warned the SEC might eliminate a rule that allows multinational companies to avoid reconciling their IFRS financials with U.S. GAAP.

The new rule becomes effective starting Oct. 1 for employees at the firm's seven offices that help clients or provide back-office support across the country.

Ghana has hired Big Four firm KPMG to advise on investments it is making with a view to creating a second strong operator in its wireless industry.

Accountants have become key members of U.K. soccer clubs to find ways around spending rules and salary caps.