International accounting

South Korean auditors are refusing to sign off on more and more corporate financial statements due to tighter regulations, giving investors earlier warning signs of trouble ahead.

Denmark has reported the local operations of Ernst & Young and KPMG to the police amid a widening crackdown on money laundering in the country.

Firms should be forced to legally separate their “cash cow” consulting work from their auditing businesses, a U.K. Parliament committee said.

CEO Markus Braun tried to put fraud allegations behind him as questions persisted after an external probe failed to resolve issues from potential criminal behavior.

Wirecard AG surged the most in more than a decade after saying irregularities found in an external investigation into fraud allegations in Asia weren’t material.

The delay for the second year running will spare the country’s banks from adding another layer to the $190 billion pile of bad loans on their books.

The retailer's former chief financial officer is working with authorities as they investigate questionable transactions.

Steinhoff International Holdings NV identified eight people, including former Chief Executive Officer Markus Jooste, as those allegedly behind questionable transactions that brought the global retailer to near-collapse.

The accounting firm association has appointed a longtime ACCA executive director as its new chief, effective June 1, 2019.

For 20 years, the global retailer thrived off deal-making. Now, some of those transactions are back in the spotlight, and not in a good way.