Accounting & Auditing

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ESG accounting

ESG reporting: A summary of preparers’ perspectives

2022-01-26T16:17:00+00:00By

Preparers speaking at a pair of recent high-profile accounting and auditing conferences discuss current practices and the challenges their controllership teams face in ESG reporting and governance.

AuditCovid

How Covid-19 has redefined the seamless audit process

2022-01-24T19:00:00+00:00By

The pandemic has forced companies to make significant changes to their internal audit processes and how they prepare for external auditors to review their financials. A recent CW webcast sponsored by BlackLine explored how technology can help meet these new challenges.

Blackline-Pandemic-Audit

e-Book: Pandemic paves way for new financial audit process

2022-01-24T18:48:00+00:00Provided by

This e-Book from Compliance Week and audit cloud software vendor BlackLine Systems focuses on how companies are enhancing their audit processes amid the ongoing pandemic.

KPMG

KPMG fined $4.1M for Conviviality audit failings, reaches settlement regarding Regenersis

2022-01-19T20:59:00+00:00By

The U.K. Financial Reporting Council announced sanctions against KPMG regarding its audits at now-collapsed alcohol retailer Conviviality, in addition to a settlement with the Big Four firm concerning its work at software company Regenersis.

PwCcrop

FRC expands probe of PwC’s Babcock International audits

2022-01-18T20:35:00+00:00By

The U.K. Financial Reporting Council has expanded its investigation into PwC over its statutory audits of British defense contractor Babcock International Group to include the fiscal years ended March 31, 2019, and March 31, 2020.

PCAOB

Erica Williams sworn in as PCAOB chair

2022-01-11T20:32:00+00:00By

Erica Williams assumes leadership of a newly reconstituted Public Company Accounting Oversight Board that can count implementation of the Holding Foreign Companies Accountable Act among its top priorities.

Magnifying glass

S&T AG orders Deloitte audit of short seller allegations

2021-12-28T18:37:00+00:00By

Austrian technology company S&T AG has ordered a forensic audit of its corporate structure and several recent acquisitions in response to allegations made by short seller Viceroy Research.

Documents

Should lawyers, accountants be filing more SARs?

2021-12-28T14:32:00+00:00By Jason Morris, International Compliance Association

A study of suspicious activity reporting data in the United Kingdom suggests accountants, lawyers, estate agents, and other service-facing professionals could be doing more to contribute to the fight against financial crime.