corporate accounting

Aussie Corporates Ill-Prepared For New Accounting Rules
Aussie Corporates Ill-Prepared For New Accounting Rules
July 06, 2018  |  B2B Payments

Australian regulators said they were disappointed in corporates’ lack of preparedness for new accounting rules. Reports in the Australian Financial Review said the Australian Securities...

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UK Accounting Watchdog Ramps Up Fines
UK Accounting Watchdog Ramps Up Fines
June 20, 2018  |  B2B Payments

The U.K.’s accounting watchdog, the Financial Reporting Council (FRC), has now levied more fines in two days than it has in the entirety of 2017, according...

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Aitheon Pilots AI-Powered ‘Digibots’ To Automate Business Processes
Aitheon Pilots AI-Powered ‘Digibots’ To Automate Business Processes
May 24, 2018  |  B2B Payments

Artificial intelligence (AI) robot technology firm Aitheon is introducing an array of so-called “digibots” developed to automate business processes using blockchain technology, according to reports....

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Business Leaders Chosen To Scrutinize UK Accounting Watchdog
Business Leaders Chosen To Scrutinize UK Accounting Watchdog
May 21, 2018  |  B2B Payments

A group of 11 business executives in the U.K. have been chosen to lead the inquiry into the nation’s accounting watchdog and assess whether the...

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The UK’s Damning Carillion Report: The Spark For Change, Or An Unanswered Call?
The UK’s Damning Carillion Report: The Spark For Change, Or An Unanswered Call?
May 17, 2018  |  B2B Payments

The U.K. government released its report into the Carillion fiasco and it’s damning, to say the least – though not unexpected. Since the collapse of...

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Lending Scandal Adds To Corporate Japan’s Compliance Woes
Lending Scandal Adds To Corporate Japan’s Compliance Woes
May 17, 2018  |  B2B Payments

Regional lender in Japan, Suruga Bank, apologized this week and admitted that staff may have knowingly processed loan documents that were falsified for a struggling property...

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Australia To Cut Corporate Watchdog Funding
Australia To Cut Corporate Watchdog Funding
May 11, 2018  |  B2B Payments

The Australian government is planning to cut funding for its corporate watchdog, despite the regulator warning that a lack of resources has already limited its...

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Samsung BioLogics Threatens Lawsuit After $6 Billion Devaluation
Samsung BioLogics Threatens Lawsuit After $6 Billion Devaluation
May 03, 2018  |  B2B Payments

In the latest accounting scandal to hit a major global corporation, Samsung’s biotech unit, Samsung BioLogics, suffered a $6 billion market value loss on Wednesday...

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Accounting Scandals Lead UK To Review Watchdog Powers
Accounting Scandals Lead UK To Review Watchdog Powers
April 18, 2018  |  B2B Payments

A slew of accounting scandals in the U.K. has led the government to launch an inquiry into the powers of the Financial Reporting Council (FRC), the...

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