International accounting

The U.S. firm also expressed its support for Ukraine, and announced a $250,000 donation to relief efforts.

The International Federation of Accountants teamed up with the Institute of Chartered Accountants on the latest installment of an educational series.

The board censured PricewaterhouseCoopers’ Canadian firm and imposed a $750,000 penalty, saying over 1,200 employees shared answers to tests during mandatory training courses.

A boom in ESG debt has created some accounting concerns that need of regulatory attention, according to Europe’s markets watchdog.

The board proposed a set of revisions to address the impact of technology innovation on the profession.

The Swiss chemicals maker is investigating allegations by internal whistleblowers that staff manipulated accounts to meet financial targets.

The collapse of U.K. builder Carillion four years ago is now threatening to inflict more than reputational damage on its former auditor, KPMG.

The International Public Sector Accounting Standards Board has issued its own leasing standard for the public sector.

Signs of contagion are rippling through China’s property industry, with a spate of auditor resignations deepening concerns about developers’ financial health.

IASB vice-chair Sue Lloyd will become vice-chair of the new board, while Value Reporting Foundation CEO Janine Guillot will be special advisor to the ISSB's chair.

The company can start paying out $1.6 billion to investors who lost out in the wake of the retailer’s 2017 accounting scandal.

Eelco van der Enden is planning to work with the nascent board, while maintaining GRI’s independence.

An activist group is urging international audit institutions to end all their engagement with the government’s auditor general.

Stuart Smith, a former audit director, took responsibility for misleading the U.K. audit watchdog, and said he was “reckless” as to whether he was misleading inspectors.

Six former employers at the auditing giant are accused of acting “with a lack of integrity in dishonestly or recklessly misleading the regulator.”

The network saw rising demand from business clients needing help with recovering from the pandemic.

The board is surveying stakeholders about easing the audit requirements for less complex companies, while beefing them up for more complicated structures.

The Institute of Internal Auditors and the Association of Chartered Certified Accountants have signed a three-year renewal of their existing agreement.

KPMG International reported the annual aggregated revenues of its member firms around the world grew 10% to $32.13 billion for the fiscal year ending Sept. 30, 2021.

The football club's offices were searched by Italian financial police seeking information about player trading between 2019 and 2021.