ABB announced today that its Board intends to appoint KPMG as its external auditor effective for the financial year 2018. This decision was taken following a year-long comprehensive external auditor tender process initiated in 2016 in line with international good governance practices. The ... Read More
Securities class action filings with accounting allegations rose to 93 in 2016, 33 percent above the previous year and the fourth consecutive annual increase, according to a new report ... Read More
RSM International, branded RSM, a multi-national network of accounting firms, has issued an announcement to inform that it is promoting 13 new partners across the UK firm. There will ... Read More
The Public Company Accounting Oversight Board (PCAOB) today announced sanctions against a former partner of PricewaterhouseCoopers Auditores Independentes in Brazil for audit failures and violations of PCAOB rules and ... Read More
Accountants working in small- and medium-sized practices (SMPs) around the world are facing heightened staffing challenges, according to the latest IFAC Global SMP Survey results. While attracting new clients, ... Read More
More than a decade ago, shortly before news broke of the accounting scandals at Enron, WorldCom, and other industry majors, about 600 CPAs participated in a survey about ethics ... Read More
PwC is putting its weight behind technology startups, partnering with the UK’s biggest incubator. The professional services giant will support Scotland’s Codebase, which is home to more than 80 ... Read More
MF Global, PwC Blame Each Other for MF Global’s Collapse The trial between PwC, one of the world’s largest accounting firms, and the bankrupt brokerage MF Global gets underway. ... Read More
It has been a successful start to the year for PKF International, with the signing of Frazier & Deeter LLC, one of the top 100 firms of Certified Public ... Read More
After posting a fourth-quarter net loss mainly because of accounting changes, Ford Motor Co. finished 2016 with a $10.4 billion pre-tax profit, down slightly from record results in 2015. ... Read More
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