22 stories found
Research indicates that fragmented digital tools and poor system integration are significantly reducing productive billable hours for professional accounting organizations.
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.
The UK regulator is reportedly examining the offshore audit model employed by the Big Four accounting firms, raising concerns about their practices.
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.
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.
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.
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.
Sixteen state attorneys general have launched an inquiry into major accounting firms, alleging they are improperly pushing climate-related financial disclosure practices on corporate clients.
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.
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 new study suggests that accounting practices are failing to maximize revenue because they do not adequately understand their clients' needs and preferences.
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.
Major accounting firms are increasingly adopting artificial intelligence, resulting in a shift away from human labor, cuts to employee benefits, and reduced hiring.
Türkiye's competition watchdog has initiated an investigation into 65 companies in the auditing and financial advisory sector, including major global accounting firms.
Firms across Australia are broadening their client portfolios to include advisory, compliance, and digital finance solutions to meet evolving business needs and improve profitability.
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.
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.
KPMG, PwC, EY, and Deloitte, collectively known as the 'Big Four' accounting firms, are experiencing ongoing scandals and embarrassment within their Australian operations.
Increase comes as world’s largest accounting firms rush to adapt to technological disruption
A report suggests that a major private gold buyer is in critical need of an audit by one of the Big Four accounting firms.
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.