International accounting

PricewaterhouseCoopers LLP named more than 20 new partners in Greater China as the firm seeks to reboot its business following Evergrande collapse.

From an accountant's perspective, the trade deficit isn't a sign of economic weakness. As with any financial flow, there are two sides to the ledger.

The International Accounting Standards Board and its parent, the IFRS Foundation, released guidance on management commentary and climate disclosures.

Grant Thornton Advisors is adding firms in Switzerland/Liechtenstein and the Channel Islands to its multinational platform.

The recent announcement of the CIMA/CGMA 2026 syllabus has made it unmistakably clear: Merely knowing how to post journal entries is insufficient.

The Big Four firm faces an exodus of Hong Kong partners amid the fallout from its audit of Evergrande.

South Africa's case against executives in the biggest corporate fraud in the country's history has been pushed back to September.

The International Auditing and Assurance Standards Board released information on its new standard, while the International Public Sector Accounting Standards Board has an exposure draft on materiality.

The board agreed to a statement of protocol with the Auditing Oversight Authority of the Slovak Republic while facing a possible SEC takeover.

The International Sustainability Standards Board published an exposure draft proposing amendments to IFRS S2 to make it easier for companies to apply the standards.

The International Auditing and Assurance Standards Board is proposing to tailor its standards to align with recent additions to the IESBA's Ethics Code.

Grant Thornton Advisors is merging together more international firms in its network, adding firms in the United Arab Emirates, Luxembourg and the Cayman Islands.

KNAV Advisory added Aventus Partners, strengthening its U.K. operations and continuing its international expansion strategy.

The International Auditing and Assurance Standards Board released a revised standard on how auditors should evaluate a business's prospects as a going concern.

The board is mulling changes in its auditor independence standards for audits of collective investment schemes involving connected parties and pension funds.

The Financial Reporting Council hit PwC with a $3.8 million penalty and one of its accountants with a $43,250 penalty over their audit of Sanjeev Gupta's Wyelands Bank.

The Board and the Romanian audit oversight authority agreed on a statement of protocol that allows for cooperation for the oversight of auditors.

Managers at Deloitte and Ernst & Young have instructed staffers to prepare for more work in the kingdom.

The PCAOB censured the firm, imposed a $2.75 million fine and instituted quality control requirements.

The southern African nation's difficult operating environment recently led to the exit of global accounting firms Deloitte LLP and PwC LLP.