<-bsp-bb-link state="{"bbHref":"bbg://securities/10182Z%20US%20Equity","_id":"00000190-9bee-d0b4-afdb-dffff2ad0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">PricewaterhouseCoopers LLP is cutting staff across its China operations, according to people familiar with the matter, after an <-bsp-bb-link state="{"bbDocId":"SEXXY0T0G1KW","_id":"00000190-9bee-d0b4-afdb-dffff2ad0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">exodus of corporate clients diminished the accounting firm’s revenue prospects in the country.
Archer-Daniels-Midland Co. appointed a new chief financial officer on Wednesday, almost six months after the global food processing and commodities giant suspended its finance chief as US regulators probed its accounting.
Hong Kong’s audit regulator said it found no supporting evidence for some of the allegations made against <-bsp-bb-link state="{"bbHref":"bbg://securities/10182Z%20US%20Equity","_id":"00000190-9ced-d0b4-afdb-ddff21170000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">PricewaterhouseCoopers LLP in an anonymous whistleblower letter that circulated on social media in April.
Australia’s accounting industry needs more intense regulatory scrutiny, particularly the large firms providing audit and other consulting services, tax transparency advocates and professional bodies told the Treasury.
<-bsp-bb-link state="{"bbHref":"bbg://securities/0732002D%20US%20Equity","_id":"00000190-a038-d6e5-adde-bbf95d470000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Archegos Capital Management founder <-bsp-person state="{"_id":"00000190-a038-d6e5-adde-bbf95d470001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Bill Hwang was found guilty of criminal charges stemming from his firm’s 2021 collapse, concluding a two-month trial that captivated Wall Street.
Wall Street’s top regulator is putting a new spin on a decades-old rule designed to root out accounting fraud, leaving public companies and their attorneys wondering how far the rules extend.
Training for CPAs must evolve to focus on the skills and experiences necessary to meet future market demands, the leader of the largest US accounting industry group said.
The ex-chief financial officer of <-rte-company state="{"_id":"00000190-a168-d6e5-adde-bbf9dc200000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Autonomy Corp. was banned from being an accountant by the UK’s audit watchdog following a criminal conviction for fraud after a US trial.
Australia’s accounting industry needs more intense regulatory scrutiny, particularly the large firms providing audit and other consulting services, tax transparency advocates and professional bodies told the Treasury.
<-bsp-bb-link state="{"bbHref":"bbg://securities/0732002D%20US%20Equity","_id":"00000190-a038-d6e5-adde-bbf95d470000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Archegos Capital Management founder <-bsp-person state="{"_id":"00000190-a038-d6e5-adde-bbf95d470001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Bill Hwang was found guilty of criminal charges stemming from his firm’s 2021 collapse, concluding a two-month trial that captivated Wall Street.
A special administrator for Rene Benko’s insolvent Signa Holding is suing the company’s auditor BDO for failing to object to transfers in its 2021 and 2022 annual accounts, Kurier newspaper says, citing court claim.
<-rte-company state="{"_id":"00000190-9dfb-d6e5-adde-bffb99890000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Rite Aid Corporation, Elixir Insurance Company, <-bsp-bb-link state="{"bbHref":"bbg://securities/0130584D%20US%20Equity","_id":"00000190-9dfb-d6e5-adde-bffb998a0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">RX Options LLC and RX Solutions LLC agree to resolve allegations of failing to accurately report drug rebates to the Medicare Program, according to a statement from the Justice Department.
Archer-Daniels-Midland Co. appointed a new chief financial officer on Wednesday, almost six months after the global food processing and commodities giant suspended its finance chief as US regulators probed its accounting.
Cooley’s Chicago partners are tasked with carrying out a strategic mission to capture entrepreneurial business outside the well-worn corridors of Silicon Valley and the coastal northeast.
Crypto bank Sygnum AG announced the launch of its 24/7 instant settlement network on Thursday.
The US Attorney’s Office in Alaska has effectively demoted a senior federal prosecutor connected to an investigation revealing sexual misconduct by a US judge in the district who resigned this week.
If you have a burning question about how money works, Patrick McKenzie probably has the answer. The software engineer/blogger/vaccine database founder’s widely read newsletter, Bits About Money, is dedicated to thinking about the often-misunderstood concepts at the intersection of tech and finance—or, as he puts it, “the modern financial infrastructure that the world sits atop of.”
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