Install
Please confirm you are human
This browser or connection looks automated. Press and continuously hold the control for 3 seconds to enable Google-hosted web results and, when separately allowed, AI-assisted answers.
A successful check enables 100 search requests. Interactive access does not authorize scraping, systematic collection, or reuse of search output.
News
FASAB proposes expedient for embedded leases
4+ mon, 1+ week ago (265+ words) The Federal Accounting Standards Advisory Board issued an exposure draft of a proposed Statement of Federal Financial Accounting Standards that would provide a practical expedient when it comes to reporting on embedded leases in federal government contracts. FASAB is asking…...
ISSB plans practice statement on nature-related disclosures
4+ mon, 3+ week ago (294+ words) The decision on Wednesday follows the ISSB's work to specify aspects about material information on nature-related risks and opportunities for companies to disclose, drawing on the Taskforce on Nature-related Financial Disclosures framework, which the ISSB began taking responsibility for maintaining…...
KPMG UK plans to cut hundreds of audit jobs
5+ mon, 2+ week ago (244+ words) KPMG UK has told nearly 600 staffers in its audit business that their jobs are at risk, according to people familiar with the matter. "Current market conditions mean our attrition rates are very low within certain parts of our audit population,…...
Tech news: KPMG rolls out KPMG Private
5+ mon, 2+ week ago (137+ words) KPMG rolls out KPMG Private; Dext launches Dext Assist AI; Acumatica announces Acumatica 2026 R1; and other news and updates from the accounting tech arena. The AI-focused accounting automations solutions company released a new tax prep agent that it claims completes returns…...
Mandelson appeared to leak UK government tax info to Epstein
7+ mon, 1+ week ago (614+ words) Documents released by the Department of Justice appear to show that Peter Mandelson leaked sensitive U.K. government emails to disgraced financier Jeffrey Epstein while serving as a minister. According to the files, Mandelson forwarded internal Downing Street emails about tax policy…...
WH Smith faces probe over accounting
8+ mon, 3+ week ago (628+ words) WH Smith Plc is under investigation by the UK's Financial Conduct Authority over the accounting error in its North American business that triggered a stock slump and the resignation of its chief executive officer. The embattled retailer also cut its…...
Ex-bankers convicted over €45M in tax fraud deals
8+ mon, 3+ week ago (497+ words) Two former bankers were convicted in Germany over their roles in striking Cum-Ex deals by Fortis Bank, causing €45 million ($52.7 million) of damage to the country's taxpayers. The Frankfurt Regional Court sentenced Thomas S. to two years and seven months while…...
BDO UK partner pay drops 14% to £589K after deals slow
9+ mon, 1+ week ago (480+ words) BDO U.K. partner pay fell 14% in its latest set of results after a slowdown in its deals practice. The U.K. arm of the accountancy firm said average profit per equity partner for the year to July 4 slipped to £589,000 ($780,000), from £681,000 in the previous…...
RSM US and UK agree on transatlantic partnership
10+ mon, 3+ week ago (209+ words) The partners of RSM US and RSM UK approved a new transatlantic partnership structure in a nearly unanimous vote, effective Jan. 1, 2026, in the latest sign of global consolidation among Top 10 Firms. However, both firms plan to remain independent members of…...