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Grant Thornton China opens office in Shanghai FTZ

Grant Thornton China has opened an office in Shanghai's Free-Trade Zone (FTZ).

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GGI adds member firm in Austria

Geneva Group International (GGI) has added sister businesses BFP Steuerberatungs and BFP Wirtschaftsprüfungs to its association in Austria.

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Alliott Group appoints new advisory board member

Alliott Group has appointed long-standing association member Selim Ozutez to its EMEA advisory board.

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FRC bank review shows improvement but concerns remain

A review of the audits of 13 British banks and building societies by the UK's Financial Reporting Council (FRC) has found ten of the audits examined to be either good or requiring limited...

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EY UK joins PwC and KPMG by securing ABS licence

EY UK is the latest Big Four firm to be granted an alternative business structure (ABS) licence by the Regulation Authority, enabling it to provide legal services in England and Wales.

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PKF Littlejohn adds business recovery firm

PKF Littlejohn, a UK member firm of PKF International, has added its first business recovery, turnaround and insolvency specialist, firm Geoffrey Martin & Co.

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Exclusive survey: Succession planning a global challenge for accounting firms

The Global Accounting Alliance and the Succession Institute have given The Accountant exclusive access to a global survey which found that many accounting firms are still oblivious to the necessity of...

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BKR adds Bangladeshi member

BKR International has added G. Kibria & Co from Bangladesh to its association.

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IECnet adds a member firm in Chile

IECnet has added Chilean Consaudit International Auditoria & Control LTDA to its network.

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KPMG: M&A activities on the rise in the USA

M&A activities have re-emerged as a leading growth strategy amongst businesses in the USA, according to a survey by KPMG US.

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Kreston adds Kazakh firm

Kreston International has added Kazakh firm Eurasian Financial Services (EFS) to its network.

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GGI adds firm in Myanmar

GGI has added the Myanmar member of Japanese association Tokyo Consulting Firm (TCF), however TCF Myanmar will remain a member of the Japanese association.

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Satyam ex-chairman jailed in final chapter of accounting scandal

Indian software group Satyam Computer Services's former chairman and founder Ramalinga Raju has been sentenced to six months in prison for his role in a $1.5bn international accounting fraud case that...

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KPMG global revenues up 6% after two years of sluggish growth

KPMG global has reported revenues of $24.82bn in the year to 30 September 2014, up 6.3% in local currency terms and up by just under 5.9% in US dollar terms.

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ACCA recognises PKF International with approved employer status

The Association of Chartered Certified Accountants (ACCA) has awarded PKF International with the global approved employer status for professional development, which provides ACCA members employed by...

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As PwC grilled over Lux Leaks by UK gov't fresh cases emerge

PwC has come under fire from MPs at a public accounts committee (PAC) meeting in the House of Commons this week over its role in allegedly "selling tax avoidance on an industrial scale" in Luxembourg,...

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IASB and FASB fail to converge on lease accounting

Despite years of attempts, complete convergence on lease accounting has ultimately failed to materialise, as the International Accounting Standards Board (IASB) and the Financial Accounting Standards...

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Crowe Horwath International appoints Ruihau and US firm CEOs as network...

Crowe Horwath International has appointed Crowe Horwath US chief executive officer Charles Allen and Ruihua principle partner Yang Jiantao as co-chairmen of the network, effective 1 January 2015.

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Reanda International adds firm in Kazakhstan

Reanda International has added Finaudit Firm to its network in Kazakhstan.

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Deloitte Australia first Big Four firm in the country to appoint female CEO

Deloitte Australia has appointed Cindy Hook as chief executive officer effective 1 February 2015, marking the first appointment of a female leader by a Big Four firm in the country.

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