International accounting

The news comes exactly a year after the disclosure of accounting irregularities and the resignation of its CEO threw the company into crisis.

Auditors such as KPMG LLP and PricewaterhouseCoopers LLP must do better when it comes to compiling a key part of companies’ annual reports, their U.K. regulator warned.

The 2014 scandal prompted a boardroom house-cleaning and an overhaul of the U.K. grocer’s supplier relations.

The global chairman and CEO is planning to step down after six years running EY’s global network.

Michael Lynch, the former chief executive officer of Autonomy Corp., stepped down Friday as an adviser to U.K. Prime Minister Theresa May after he was charged with fraud by the U.S.

The megamerger would create a powerful rival to the Big Four in the British audit market.

The auditing firm new CEO is expected to replace Nhlamulo Dlomu, who will be taking up a global role May 1.

The commodity-trading firm is being investigated by three Singaporean agencies more than three years after a whistle-blower questioned the company’s accounting.

The Nissan chairman was arrested in Japan for alleged financial violations and faces removal from his job.

The International Accounting Standards Board voted to propose a one-year delay, so the new rules would take effect in 2022, instead of 2021.