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A new study by the International Federation of Accountants has found high rates of adoption of international accounting standards in areas such as auditing and ethics.
May 4 -
Barclays Africa Group Ltd. ditched KPMG LLP South Africa as one of its two auditors, the first major local bank to do so, in another blow to the embattled accounting firm’s hopes of survival in the country.
May 3 -
The electronics maker's in-flight-entertainment unit improperly hid payments to consultants in the Middle East and Asia.
April 30 -
The Association of International CPAs has released a guide to how management accountants can help their organizations fulfill the United Nations’ Sustainable Development Goals.
April 30 -
The embattled retailer's chairwoman appealed for shareholder support for an ongoing investigation into the smoldering wreckage left by the accounting scandal.
April 23 -
KPMG LLP’s South African unit is flying in trouble shooters from around the globe and hurriedly meeting clients to stem any further loss of business after becoming embroiled in three evolving scandals.
April 18 -
All staff will face background checks every two years to try improve the firm's reputation.
April 16 -
The International Federation of Accountants claims regulatory divergence is dampening economic growth.
April 11 -
The International Ethics Standards Board for Accountants has released a new code of ethics for accountants that’s been rewritten to make it simpler to navigate, use and enforce.
April 10 -
The United Kingdom’s Financial Reporting Council, which oversees auditing firms, said Monday it is implementing the recommendations of an independent review of sanctions for auditors, accountants and actuaries, which include increasing the fines to £10 million ($14.1 million) or more for “seriously poor audit work” by a Big Four firm.
April 9