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Forensic investigators from PwC confirmed that 6.5 billion euros ($6.5 billion) in fictitious or irregular income had been recorded at Steinhoff between 2009 and 2016, making it South Africa's largest known fraud.
August 26 -
American officials would be able to review audit documents of Chinese businesses that trade in the U.S., a first step toward avoiding the delisting of about 200 firms from New York.
August 26 -
Looking beyond U.S. borders for growth opportunities isn't for every small business, but many are finding success worldwide.
August 24Wise -
The multibillion-dollar commodities trader was forced to restructure after years of losses and accusations of improper accounting.
August 24 -
The firm made its biggest investment in staff pay in a decade, with half of its 24,000 workers getting a pay rise of 9% or more.
August 18 -
The company is shifting course as global regulators crack down on digital asset services.
August 18 -
The board sanctioned the Big Four firm's member firm in South Korea and two of its former auditors for violating quality standards.
August 17 -
The professional services firm said it would no longer consider a 2:1 degree as a minimum requirement for entry-level jobs or internships.
August 17 -
The International Federation of Accountants unveiled a web page that presents reports, documents, case studies and other materials.
August 16 -
The inspections add to the challenges facing the Shenzhen-based company at the center of China's real estate crisis.
August 15