Latest News
IRBA puts a hold on investigation into Steinhoff auditors
The South African Board of Independent Regulatory Board for Auditors (IRBA) has said it will recommence its investigation into the auditors of.... read more
Corporate Reporting Dialogue launches market consultation
The Corporate Reporting Dialogue (CRD) has launched a six week market consultation to gather views from stakeholders on how to drive better.... read more
ACCA and Deloitte report reveals ‘accounting for intangibles’ gap
A joint report from the Association of Chartered Certified Accountants (ACCA) and Deloitte, The capitalisation debate: R&D expenditure, disclosure.... read more
KPMG Canada: Canadian business leaders desire corporate tax reductions
Canadian business leaders think Canada needs a reduction in corporate tax levels in order to improve the county’s global competitiveness, a KPMG.... read more
Slew of resignations at the UK’s FRC continues
The UK’s Financial Reporting Council’s (FRC) acting executive director of audit and actuarial regulation Mike Suffield has resigned after less than.... read more
BDO partner named Financial Reporting Executive Committee chair
The American Institute of CPAs (AICPA) has named Angela Newell, national assurance partner, BDO Dallas, as chairman of the Financial Reporting.... read more
IAB World Survey 2019 digital supplement launches
Following the launch of the World Survey 2019 in the IAB’s February edition, we have now launched a free digital supplement covering some.... read more
15 countries added to EU tax blacklist
The European Commission has added 15 countries to its blacklist of non-cooperative tax jurisdictions based on the Commission’s screening.. read more
Sponsored content: Accountex 2019 set to be the show’s biggest ever year
With less than six months to go, Accountex 2019 is already shaping up to be the show’s biggest edition yet. The UK’s flagship event for the.... read more
Former KPMG executive and PCAOB employees convicted of passing confidential inspection lists
KPMG US national managing partner for audit quality David Middendorf and Jeffrey Wada, a former employee of the Public Company Accounting Oversight.... read more
UK’s FRC to be replaced
The UK Government has backed the Kingman review, and will replace the Financial Reporting Council (FRC) with the Audit, Reporting and Governance.... read more
FASB updates standards for episodic television series
The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) to help organisations align their accounting for.... read more
Sikka: Audit outsourcing detrimental to quality
At the official launch of the UK Labour Party’s report, Reforming the Auditing Industry, concerns were expressed over the amount of audit work that.... read more
HKICPA permanently removes CPA from register following 45 offences of theft
A Disciplinary Committee of the Hong Kong Institute of Certified Public Accountants (HKICPA) has permanently removed Deborah Annells from the.... read more
Corporate Reporting Dialogue support better reporting on SDGs
International corporate reporting standard setters and framework providers have released a position paper supporting the development of better.... read more
FRC proposes stronger going concern standard for auditors
The UK’s Financial Reporting Council (FRC) has proposed to increase the work required of auditors when assessing whether an entity is a going concern.. read more
IRS collected record $1.441bn thanks to whistleblowers
In FY18 the US’ Internal Revenue Service (IRS) collected a record $1.441bn in taxes, penalties and interest collected due to information provided.... read more
ICAS and PwC to issue certifications via blockchain
Newly qualified CAs working for PwC are able to trial a platform which uses blockchain technology to validate professional credentials.. read more
European Parliament demands that member states stop blocking tax reforms
The European Parliament special committee on taxation (Tax 3) has voted on its final report which call for EU member states to match the intention.... read more
SASB appoints former World Bank VP as CEO
The Sustainability Accounting Standards Board (SASB) has appointed Madelyn Antoncic as its CEO, effective 25 February 2019.. read more
