International accounting

The board said Thursday that it is still meeting with Chinese authorities to discuss the ability to inspect auditing firms in that country.

A Munich court opened a class-action style procedure to hear cases brought by investors who claim EY violated its duties when auditing the now bankrupt payment company.

The board is reportedly making progress on talks with Chinese authorities on enabling access to inspections of local firms.

China and the U.S. should be able to reach an agreement on the auditing dispute, according to a senior executive at China’s top investment bank.

The Munich prosecutors’ office reportedly filed a series of charges against former CEO Markus Braun.

The Arizona-based firm teamed up with Terán Rojas & Associates.

Their combined association is indefinitely suspending services in Russia and Belarus in response to the war in Ukraine.

The Big Four have concluded that business ties to the country are untenable in the wake of its invasion of Ukraine.

The board is proposing a set of revisions to the independence standards for engagement teams working on audits of group financial statements.

Two directors at a real estate firm that borrowed millions from the U.K.’s pandemic loan program are being probed for preparing misleading financial statements.