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International tax agreement welcomed but worries over implementation linger

  • Author: Isabella Grotto
  • Published: 4 Nov 2014

The signing of a multilateral competent authority agreement enabling automatic tax exchange by 51 jurisdictions worldwide has been heralded by.... read more

Profession concerned over “too rosy” EU banks stress tests results

  • Author: Vincent Huck
  • Published: 31 Oct 2014

The European Central Bank’s (ECB) comprehensive assessment into the Eurozone’s biggest banks brought assurance to investors but leaves the.... read more

PCAOB inspection critical of KPMG US audits

  • Author: Isabella Grotto
  • Published: 28 Oct 2014

The US's Public Company Accounting Oversight Board (PCAOB) has condemned the quality of audits carried out by KPMG US in an inspection report.... read more

ICAEW wields newly conferred regulatory powers for probate licensing

  • Author: Isabella Grotto
  • Published: 22 Oct 2014

The Institute of Chartered Accountants of England and Wales (ICAEW) has become the first non-legal regulatory body to authorise a sole practitioner.... read more

AICPA defies federal crackdown on partnership retirement policies

  • Author: Carlos Martin Tornero
  • Published: 22 Oct 2014

The American Institute of Certified Public Accountants (AICPA) has called on the Equal Employment Opportunity Commission (EEOC) to stop what it.... read more

PwC and consultant SHASAT to offer joint IPSAS courses

  • Author: IAB
  • Published: 14 Aug 2014

PwC has entered into an agreement with UK based global consulting, valuation and training organisation SHASAT to offer International Public Sector.... read more

Banks lag behind IFRS 9 implementation

  • Published: 10 Jul 2014

More than a third of banks surveyed by Big Four firm Deloitte have yet not started the implementation of IFRS 9 Financial Instruments, expected to.... read more

PCAOB finds former PwC partner guilty of audit standards violation

  • Author: IAB
  • Published: 8 Jul 2014

The Public Company Accounting Oversight Board (PCAOB) has issued a disciplinary order against former PwC partner Randall Stone for violating PCAOB.... read more

ICAEW and PwC call for reform in European public finance accounting

  • Published: 26 Jun 2014

Weak accounting and financial reporting within Europe’s public sector are a major risk for European countries’ public finance, a joint report by.... read more

Improved corporate reporting needed to boost infrastructure investments

  • Published: 25 Jun 2014

Traditional financial statements do not give investors the long term focus they need in their decision making, and improvements to corporate.... read more

IASB and FASB issue converged standard on revenue recognition

  • Author: Vincent Huck
  • Published: 28 May 2014

The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have issued a converged standard on the.... read more

Auren aims for greater recognition on the international stage

  • Author: Vincent Huck
  • Published: 1 May 2014

Auren International wants to capitalise on its recent admission to the Forum of Firms (FoF) to become a serious alternative to the big firms at.... read more

PCAOB to review effects of non-audit services expansion: Doty

  • Author: Jonathan Minter
  • Published: 12 Dec 2013

The Public Company Accounting Oversight Board (PCAOB) is looking into the effects of audit firms expanding by offering more non-audit services,.... read more

European audit oversight bodies share inspection reports

  • Author: Vincent Huck
  • Published: 11 Dec 2013

In a move to improve audit quality in Europe through the co-operation of national regulators, the European Audit Inspection Group (EAIG) has.... read more

CSR disclosure increasing

  • Published: 27 Nov 2013

Almost one-third of businesses are disclosing their CSR and sustainability information, according to a global survey in the quarterly Grant.... read more

Profession rides out the storm after Lehman Brothers

  • Author: IAB and TA editorial
  • Published: 19 Sep 2013

Five years on from that fateful 15 September 2008, Lehman Brothers’ collapse is seen as the ignition spark that unleashed the on-going effects of.... read more

Grant Thornton International against lease accounting proposals

  • Author: Vincent Huck
  • Published: 13 Sep 2013

Grant Thornton International (GTI) has expressed reservations against the converged lease accounting proposals issued by the International.... read more

Deloitte fined £14m for MG Rover advisory work

  • Author: IAB editorial
  • Published: 9 Sep 2013

The UK Financial Reporting Council (FRC) tribunal has fined Deloitte UK with a record fine of £14m for failing to manage conflicts of interest in.... read more

Businesses skeptical of pending revenue recognition changes

  • Author: Vincent Huck
  • Published: 14 Aug 2013

Only 38% of businesses believe that new global revenue recognition changes are needed, according to a global business survey commissioned by Grant.... read more

PCAOB to overhaul auditor’s reporting model

  • Author: Jonathan Minter
  • Published: 14 Aug 2013

The US Public Company Account Oversight Board (PCAOB) has proposed significant changes to auditor’s reporting model for US public companies, in.... read more

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