New legislation in Poland aims to streamline the correction of electronic tax books starting next year, which, while generally positive, could negatively impact accounting firms in its current form.
An investigation by The New York Times alleges that the world's largest auditing and accounting firms are actively designing and marketing tax structures for US corporations to shift profits to Malta and reduce their tax bills.
Accounting firm Grant Thornton is seeking tougher regulation as it attempts to re-enter the market for large UK audit work, following its retreat after facing fines for previous shortcomings.
Finnish accounting firms report that entrepreneurs are attempting to expense luxury cars, gourmet food, and designer bags, with tax authorities particularly scrutinizing high-value purchases.
A new study suggests that accounting practices are failing to maximize revenue because they do not adequately understand their clients' needs and preferences.
3E Accounting, a global accounting firm, is celebrating its 15th year of operations, emphasizing its role in accelerating global business growth through AI-powered efficiency.
The US audit regulator, PCAOB, is reportedly weighing significant staff reductions within its unit overseeing accounting firms, signaling a less confrontational approach to its Enron-era mandate.
KPMG has announced its decision to cease its US federal audit work following the loss of a significant contract with the Pentagon. This move marks a strategic shift for the accounting firm in its public sector engagements.
Tether, a major stablecoin issuer, has commenced its first-ever audit with a 'Big Four' accounting firm, a significant step towards increased transparency.
Türkiye's competition watchdog has initiated an investigation into 65 companies in the auditing and financial advisory sector, including major global accounting firms.
A network of small accounting firms was responsible for auditing the MFS property lending empire, which has since collapsed with creditors owed over £2 billion amid fraud allegations.
Tretor and Pictet are collaborating to establish a new accounting partner specifically designed to serve small and medium-sized enterprises in Switzerland.
A report from DNSC indicates that Romanian accounting firms are being heavily targeted by hackers, with incidents of account takeovers and fraud attempts significantly increasing in 2025.
An article discusses the critical factors of ownership and insight when selecting an accounting firm, emphasizing their importance for effective financial management.
At its annual meeting, Netskope shareholders reelected the company's directors and ratified KPMG as its independent accounting firm. These actions are standard corporate governance procedures.
A Norwegian accounting firm is raising an alarm about the new Altinn system, warning that changes to tax cards might not be detected, potentially leading to incorrect tax deductions.
The Association of Chartered Certified Accountants (ACCA) has introduced a new talent toolkit designed to support smaller accounting firms. The toolkit aims to help these firms attract, develop, and retain skilled professionals in the competitive accounting landscape.
Texas-based tax advisory firm Ryan has agreed to a $400 million deal to acquire Svalner Atlas, a move aimed at challenging the dominance of the Big Four accounting firms in Europe.
Mativ shareholders have elected directors, supported Deloitte as the independent registered public accounting firm, and approved both the say-on-pay proposal and an amendment to the equity incentive plan.
At Northern Trust's annual meeting, shareholders voted to elect directors and approved both the company's say-on-pay proposal and the ratification of KPMG as its independent registered public accounting firm. These decisions were made during the routine corporate governance event.
Hong Kong regulators have fined PwC $166 million for its role in auditing China Evergrande, citing failures in its oversight. The accounting firm is also expected to pay significant compensation to Evergrande shareholders.
Big Four accounting firm EY has allocated a record £188 million for potential fines and legal claims, as revealed in filings indicating the firm is battling multiple probes related to the quality of its audit work.
Tether has announced that it has signed a Big Four accounting firm, a move aimed at addressing years of criticism regarding the transparency of its reserves. This step is expected to enhance confidence in the stablecoin's backing.
Cryptocurrency issuer Tether has stated it will undergo an audit by one of the Big Four accounting firms, though it has declined to reveal the firm's identity.
Jeff Soar, a former EY executive, has launched WTS UK, a new private equity-backed tax firm funded by EQT Partners, aiming to challenge the Big Four accounting firms with a leaner model.
EY's CEO, Janet Truncale, has implemented staff reductions and cost-cutting measures during her first year in the role, fulfilling her promise to streamline the Big Four accounting firm's central bureaucracy.
A KPMG partner has been fined for using AI to pass an internal exam, part of a broader trend of staff members at the accounting firm being caught using the technology for tests.
Latin superstar Romeo Santos is suing an accounting firm for $2.3 million, alleging malpractice, 'incoherent' tax filings, missed deadlines, and failure to invest his money or fund his retirement account.
The UK's Financial Reporting Council (FRC) has expressed concern regarding the Big Four accounting firms' reliance on offshore auditing teams. The watchdog announced it would monitor how these firms manage their overseas operations for the next year.
A criminal group named 'The Gentlemen' has claimed responsibility for a data breach at a Finnish accounting firm, with the CEO confirming the breach but not the perpetrators.
KPMG, PwC, EY, and Deloitte, collectively known as the 'Big Four' accounting firms, are experiencing ongoing scandals and embarrassment within their Australian operations.
Aprio, a business advisory and accounting firm, has announced the acquisition of Waldron H. Rand & Company. This move expands Aprio's services and market presence.
Liquidators for China Evergrande Group have filed a lawsuit in Hong Kong seeking $8.4 billion from accounting firm PwC. The claim accuses PwC of negligence in its audits of the embattled property developer.
The accounting firm PwC is removing coverage for weight-loss medications from its employee health plans, citing the high cost of what it describes as a 'cultural phenomenon'.
Major accounting firms are increasingly adopting artificial intelligence, resulting in a shift away from human labor, cuts to employee benefits, and reduced hiring.
Stablecoin issuer Tether has confirmed it hired a Big Four accounting firm for the first full audit of its USDT reserves, a development that previously led to competitor Circle's stock experiencing its worst day on record.
PwC UK has experienced a 35% increase in graduate job applications, contrasting with a general drought in the graduate employment market. The Big Four accounting firm attributes this to a decision not to automate some junior work, allowing staff to develop judgment.