auditing

German Central Bank Seeks Tighter Change Post-Wirecard ‘Scandal’
German Central Bank Seeks Tighter Change Post-Wirecard ‘Scandal’
July 27, 2020  |  Security & Fraud

For the second time in four days, a high-ranking German regulator has called for major changes in response to the Wirecard scandal. In the latest...

READ MORE >
UK Moves To Split Audit And Consulting Profits At Big Four
UK Moves To Split Audit And Consulting Profits At Big Four
July 06, 2020  |  Regulation

The Big Four accounting firms will have to put their United Kingdom auditing and consulting practices in separate business units by 2024, but may keep...

READ MORE >
Wirecard Saga Reignites Debate Over Auditors’ Role In Combatting Fraud
Wirecard Saga Reignites Debate Over Auditors’ Role In Combatting Fraud
July 02, 2020  |  B2B Payments

As the fallout from Wirecard‘s $2 billion accounting scandal continues, some attention has turned to the Germany-based payment company’s auditor, Ernst & Young (EY). A...

READ MORE >
Why Economic Volatility Opens Up Opportunity For The Modern Corporate Accountant
Why Economic Volatility Opens Up Opportunity For The Modern Corporate Accountant
June 11, 2020  |  B2B Payments

The pandemic is setting the stage to change just about every aspect of running a business. With market volatility and economic pressure higher than it...

READ MORE >
SurePayd Reduces Costs For Digitizing AR Services During Pandemic
SurePayd Reduces Costs For Digitizing AR Services During Pandemic
April 26, 2020  |  B2B Payments

Accounts receivable (AR) platform SurePayd is responding to the coronavirus pandemic by reducing the costs for its services to help companies migrate to the cloud...

READ MORE >
How Big Data Guides The Accountant’s Evolution
How Big Data Guides The Accountant’s Evolution
January 15, 2020  |  B2B Payments

Technology continues to initiate change in the role of accountants from number-crunchers to strategic advisors. With client requirements in flux, and with regulations becoming more...

READ MORE >
EY Exec Calls For Retooling Old QC Rules
EY Exec Calls For Retooling Old QC Rules
October 14, 2019  |  B2B Payments

John King, Ernst & Young Americas’ vice chair for assurance, wants to see more consistency from the country’s audit regulator, the Public Company Accounting Oversight...

READ MORE >
India Presses For Big Four Accountancy Review
India Presses For Big Four Accountancy Review
July 23, 2019  |  ANTITRUST

The Indian government is reportedly seeking an antitrust investigation into potential anticompetitive behavior among the nation’s Big Four accountancy and auditing firms, reports in Reuters...

READ MORE >
UK Financial Watchdog Ramps Up Auditor Oversight
UK Financial Watchdog Ramps Up Auditor Oversight
May 28, 2019  |  B2B Payments

U.K. financial watchdogs have stepped up their oversight of the accounting and auditing industry amid a string of corporate accounting scandals, collapses and questions over...

READ MORE >