Despite recommendations from a U.K. authority, KPMG revealed it would not split up its accounting and auditing units. However, starting on June 1, the company...
Wirecard has denied claims levied by the Financial Times that its subsidiaries were not audited, according to a report by Reuters. The FT, using a...
Danish operations of Ernst & Young (EY) and KPMG are now under investigation by Danish police related to money laundering cases. According to Bloomberg, EY...
The co-chief executive officer of Asiana Airlines is exiting the company following an accounting debacle that led two auditors to reject the company’s annual reports....
The U.K. government is readying to create a new accounting and auditing watchdog after months of scrutiny that the current regulatory landscape has failed to...
The U.K.’s Big Four accountancy firms — KPMG, PwC, EY and Deloitte — have escaped a forced breakup from the Competition and Markets Authority (CMA), The Guardian reported...
It’s common sense that a corporation would want its C-Suite to have some knowledge of accounting practices, and one could assume that a lack of...
A slew of accounting scandals in the U.K. has led the government to launch an inquiry into the powers of the Financial Reporting Council (FRC), the...
Forty percent of audits inspected by the International Forum of Independent Audit Regulators (IFIAR) included serious problems, according to news from The Financial Times on Monday...