auditing

India Presses For Big Four Accountancy Review

India Presses For Big Four Accountancy Review
India Presses For Big Four Accountancy Review
July 23, 2019  |  ANTITRUST

The Indian government is reportedly seeking an antitrust investigation into potential anticompetitive behavior among the nation’s Big Four accountancy and auditing firms, reports in Reuters...

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UK Financial Watchdog Ramps Up Auditor Oversight
UK Financial Watchdog Ramps Up Auditor Oversight
May 28, 2019  |  B2B Payments

U.K. financial watchdogs have stepped up their oversight of the accounting and auditing industry amid a string of corporate accounting scandals, collapses and questions over...

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KPMG Won’t Split Accounting, Auditing Units
KPMG Won’t Split Accounting, Auditing Units
May 20, 2019  |  B2B Payments

Despite recommendations from a U.K. authority, KPMG revealed it would not split up its accounting and auditing units. Get the Full Story Complete the form...

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Wirecard Defends Auditing Practices
Wirecard Defends Auditing Practices
April 24, 2019  |  Business

Wirecard has denied claims levied by the Financial Times that its subsidiaries were not audited, according to a report by Reuters. Get the Full Story...

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Ernst & Young, KPMG Reported To Danish Police For Money Laundering
Ernst & Young, KPMG Reported To Danish Police For Money Laundering
April 15, 2019  |  B2B Payments

Danish operations of Ernst & Young (EY) and KPMG are now under investigation by Danish police related to money laundering cases. Get the Full Story...

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Asiana Airlines CEO Quits Amid Accounting Debacle
Asiana Airlines CEO Quits Amid Accounting Debacle
March 29, 2019  |  B2B Payments

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....

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UK Bows To Criticism, Forms New Accounting Watchdog
UK Bows To Criticism, Forms New Accounting Watchdog
March 13, 2019  |  B2B Payments

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...

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No Breakup For UK’s Big Four Accountancy Firms
No Breakup For UK’s Big Four Accountancy Firms
December 19, 2018  |  B2B Payments

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...

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