Latest News
The Reporting Exchange now available in simplified Chinese
The World Business Council for Sustainable Development’s (WBCSD) Reporting Exchange, an online platform to help businesses navigate the confusing.... read more
Accountancy Europe releases position paper on sustainable finance in the EU
Ahead of the upcoming consultation by the European Commission on the fitness of the EU corporate reporting framework, Accountancy Europe has.... read more
Kevin Dancey appointed as IFAC CEO
The International Federation of Accountants (IFAC) has selected Kevin Dancey as its next chief executive officer.. read more
Hungary introduces stricter transfer pricing requirements
Hungary has implemented the OECD recommendations for BEPS Action 13 on Transfer Pricing Documentation and Country-by-Country Reporting (CbCR).... read more
Former partners at KPMG and PwC accused of sexual harassment
A former partner at KPMG South Australia has left the firm following an investigation over a sexual harassment claim against him, while a former.... read more
PwC appointed as administrators for UK retailer Maplin
PwC has been appointed as the administrators of UK electrical goods retailer Maplin following failed attempts to be rescued by potential buyers.. read more
Deloitte USA to pay $149m fine for mortgage lender audits
Deloitte has agreed to pay a $149m settlement to the USA Justice Department over independent audits from 2002 to 2008 for failed mortgage lender.... read more
Institute of internal auditors calls for internal audit to be scrutinised
The Chartered Institute of Internal Auditors (CIIA) has called for internal audit to be accountable to the UK Financial Reporting Council’s (FRC).... read more
KPMG partners with Aptitude Software to help insurers prepare for IFRS 17
As insurers prepare for the 2021 deadline to implement IFRS 17 Insurance Contracts, KPMG has partnered with Aptitude Software in order to provide.... read more
ACCA supports regulatory approach to initial coin offerings
While blockchain technology and cryptocurrencies are developing there needs to be a balance between regulation, risk management and innovation,.... read more
Cybercrime predicted as most disruptive fraud in the next two years: PwC
Cybercrime will become the most disruptive fraud in the next two years, according to the Global Economic Crime and Fraud survey from PwC.. read more
KPMG and Deloitte give lacklustre evidence to UK Committee hearing on Carillion’s fall
The role of KPMG and Deloitte as external and internal auditor respectively of failed giant construction company Carillion came under heavy.... read more
EY and KPMG in front of Antillean Court in separate cases
The joint court of Caribbean countries and municipalities of the Netherlands, the Antillean Court of Justice, has stated that EY should likely pay.... read more
Unilever fully discloses its entire palm oil supply chain
Unilever has publicly disclosed the suppliers of its palm oil to increase transparency in its supply chain.. read more
FCA calls for comment on tech-smart reporting
The UK Financial Conduct Authority (FCA) has called for comment on the use of technology to improve regulation efficiency and help businesses to.... read more
Morison KSi South African member firm joins Grant Thornton
SizweNtsalubaGobodo has left Morison KSi to join Grant Thornton creating snowball effect consequences on the ranking tables in South Africa.. read more
Auditors’ role in tackling financial crime
Accountancy Europe has released frequently asked questions explaining the role of the auditor in tackling financial crime, the legal basis of their.... read more
OECD launches consultation on misuse of residence by investment schemes
The OECD has launched a consultation on the misuses of residence by investment (RBI) schemes for tax evasion/avoidance purposes.. read more
Veritas Capital acquires PwC USA public sector advisory business
An affiliate of Veritas Capital, a private equity investment firm, has acquired PwC USA public sector advisory business.. read more
HLB UK client survey finds broad anti-Brexit views
Sixty two percent of HLB UK clients believe that the UK government is handing Brexit negotiations badly, with 46% expecting that their businesses.... read more
