auditors

kpmg

Several current and former KPMG partners face court contempt

20/12/2017(0)
Several current and former KPMG partners are facing contempt proceedings in a Hong Kong court, as liquidators for a failed U.S.-listed Chinese company step up their action against the ... Read More
tesco bank

Court day for the Tesco bosses in £326m accounting scandal

30/05/2017(0)
Three former Tesco executives are set to appear in court in relation to its £326million accounting scandal. Carl Rogberg, 49, Chris Bush, 50, and John Scouler, 48, have been ... Read More
KPMG- office logo

ABB to propose KPMG as external auditor from 2018

22/05/2017(0)
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
audit

EU auditors seek standard definitions

05/04/2017(0)
The European Regional Development Fund, the Cohesion Fund and the European Social Fund together are expected to provide some €350bn (£300bn) between 2014 and 2020, about one third of ... Read More
blockchain

Blockchain shows great promise to improve accounting issues

29/12/2016(0)
While blockchain tech is poised to disrupt a wide variety of industries, it is also poised to dramatically impact those professions that serve all industries. One area that appears ... Read More
IOSCO logo -large

IOSCO stresses importance of implementation and disclosure related to new accounting standards

19/12/2016(0)
The Board of the International Organization of Securities Commissions (IOSCO) published today a Statement on Implementation of New Accounting Standards related to revenue, financial instruments, and leases. The three ... Read More
acca-global_accounting

ACCA-Grant Thornton: Auditors need to adapt and constantly innovate

24/11/2016(0)
There are challenges ahead and the profession has a choice of embracing them or being left behind – were the main conclusions of a joint ACCA-Grant Thornton conference recently ... Read More
fifa logo

PwC moves into FIFA audit hot-seat

19/09/2016(0)
PricewaterhouseCoopers (PwC) have stepped into the hot-seat vacated by KPMG as statutory auditors of FIFA. The world football body announced that the Bureau of the FIFA Council had appointed ... Read More
fma

European recognition of FMA oversight of auditors

30/08/2016(0)
The European Commission has announced its recognition of the New Zealand audit oversight regime as equivalent to EU standards, permitting NZ-regulated auditors to operate in the European Union. With ... Read More
IFAC

The International Ethics Standards Board for Accountants redefines accountants’ Ethical Role

18/07/2016(0)
The International Ethics Standards Board for Accountants® (IESBA®, the Ethics Board) today released a new standard, Responding to Non-Compliance with Laws and Regulations. The standard sets out a first-of-its-kind framework to guide ... Read More
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