Accounting news worldwide | Page 3

An overview of news, trends and research in the Accounting industry in all countries:

United Kingdom

Menzies acquires Beever and Struthers to form 1,000-strong firm Professional services firms Menzies and Beever and Struthers have announced a merger. The alignment of the two brands creates a new national player with a combined fee income of £110 million.
06 August 2025
United Kingdom

Moore Kingston Smith acquires restructuring and insolvency firm CBW Recovery Multi-disciplinary advisory, tax and audit firm Moore Kingston Smith has acquired CBW Recovery. The London-based partnership of insolvency practitioners adds 13 staff to the acquiring firm.
04 August 2025
Canada

Deloitte expands GenAI capabilities in Omnia audit platform Deloitte yesterday announced expanded generative artificial intelligence (GenAI) capabilities in Omnia, Deloitte’s global, cloud-based audit and assurance technology platform.
31 July 2025
United Kingdom

EY leader touted as inaugural boss of new football regulator As the laboured effort to regulate England’s increasingly vulnerable football pyramid draws to its conclusion, talk has turned to who should head the new watchdog.
24 July 2025
United Kingdom

FRC warns BDO of need to improve audit quality The Financial Reporting Council has warned BDO that its audit work is below par - despite improvement from last year.
21 July 2025
United Kingdom

Boutique accountancy steps into P&O Ferries audit role after KPMG exit After the surprise resignation of auditor KPMG earlier in the year, P&O Ferries has turned to a small firm based in Oxfordshire to complete its accounts.
18 July 2025
United Kingdom

How including month-end reporting in IBP can boost business performance As the dreaded month-end looms, teams scramble to compile figures and executives anxiously await results – often too late to inform meaningful decisions for the next month.
18 July 2025
Canada

Bridging Finance receiver PwC sues former auditor EY for $1.4 billion PwC, the court-appointed receiver of Bridging Finance, is suing fellow Big Four firm EY for $1.4 billion for claimed lapses in its accounting work for the failed Toronto-based private lender.
14 July 2025
Qatar

Institute of Chartered Accountants of India delegation visits KPMG in Qatar In the run-up to CA Day 2025, a major annual event for accountants in Doha, a high-level delegation from the Institute of Chartered Accountants of India visited KPMG’s office in Doha to celebrate the
07 July 2025
United Kingdom

Reckitt Benckiser to switch auditor to PwC in 2026 PwC is set to be selected as the new auditor of Reckitt Benckiser Group. The firm will take over from rival KPMG in 2026.
19 June 2025
United Kingdom

Big Four weighing up new AI audit offerings Amid an increasingly bloated market for AI-driven tools, verifying those which might actually work for a company is like looking for a needle in a haystack.
10 June 2025
United Kingdom

FRC stings EY for more than £5 million in fines Two separate cases have seen EY’s UK wing rack up fines in excess of £5 million.
17 April 2025
United Kingdom

PKF Smith Cooper professional goes extra mile by sitting audit exams in New York Audit Associate Mohsin Sadiq has won industry praise for his dedication to his accounting exams.
18 February 2025
Middle East

KPMG expands PREVA accounting service into Saudi Arabia, Jordan and Lebanon Following the launch of PREVA in the United Arab Emirates and Oman, KPMG is now expanding the service to three new countries – Saudi Arabia, Jordan and Lebanon.
18 February 2025
United States

Baker Tilly to acquire CironeFriedberg Baker Tilly US has agreed to acquire CironeFriedberg, a Shelton, CT-based accounting and consulting firm.
12 February 2025
Canada

MNP expands presence in Quebec and New Brunswick MNP has acquired two accounting firms in Sainte-Julie, QC – Pierre Thibault CPA and Guy Provost CPA – as well as EPR Bathurst / Péninsule, a Bathurst, NB-based accounting firm.
20 September 2024
United States

Riveron acquires accounting advisory firm Effectus Group Riveron, a Dallas-based business advisory firm, has acquired Effectus Group, a San Jose-based accounting advisory and financial operations firm.
18 September 2024
Middle East

Suntech experts on a company's first corporate tax return filing in the UAE The UAE’s introduction of a federal Corporate Tax on business profits means that many companies will in the coming period be busy with their first tax return filing.
11 September 2024
Middle East

Delivering the Quality Assurance and Improvement Program In any large organization, the Chief Audit Officer is responsible for quality assurance within the Internal Audit function.
09 September 2024
Canada

MNP acquires Kamloops firm Finnie Hunka MNP, a national mid-market accounting and consulting firm, has acquired Finnie Hunka LLP, a Kamloops, BC-based accounting firm, effective October 15, 2024.
28 August 2024

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