News
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15 March 2024
EU Adopts New Corporate Sustainability Reporting Directive (CSRD) to Enhance Transparency and Accountability
The Corporate Sustainability Reporting Directive (CSRD) entered into force on January 5, 2023, marking a significant shift in sustainability reporting requirements for companies within the European Union (EU).
- 13 February 2024 Revolutionizing Audits: The Transformative Power of AI in Enhancing Efficiency and Accuracy Artificial Intelligence (AI) is rapidly transforming the auditing landscape, offering unparalleled efficiency and precision in data analysis. As the auditing field grapples with vast amounts of unstructured data, AI ...
- 19 January 2024 Deloitte's Oversight in Tingo's $412 Million Fraud Raises Questions About Auditing Integrity In a significant oversight by Deloitte, one of the 'Big Four' accounting firms, a massive financial discrepancy was uncovered in the financial statements of the Nigerian company Tingo Group. Despite Deloitte's ...
- 26 December 2023 Why Should We Invest In Supplemental Insurance? Many employers offer group insurance to help their workforce financially. However, for other employees with unique needs and situations, their current employer-sponsored insurance may not be enough. This is ...
- 11 October 2023 Financial Analysis: Higher Rates for Longer In the ever-evolving landscape of global finance, the recent surge in interest rates and its potential impact on the extended economic recovery is a topic of paramount concern. As we delve into the intricate web of ...
- 22 June 2023 Failures Shake KPMG's Dominance on Bank Audits Bloomberg questioned KPMG's reputation as a reliable bank auditor. KPMG, one of the leading members of the prestigious "Big Four" accounting firms, is facing a significant challenge to its dominance in bank ...
- 5 May 2023 New Data on US Companies and Industry Benchmarks We have updated the database of financial statements for the world's largest US-listed companies. These public companies regularly report to the SEC, which publishes their financial statements on its website. ...
- 7 February 2023 $4 Billion Accounting Scandal Puts More Scrutiny on PwC’s Auditing Record Brazilian retailer Americanas SA has filed for bankruptcy protection after a $4 billion accounting scandal came to light.
- 29 June 2022 Ernst & Young Auditors Caught Cheating on Ethics Exam The S.E.C. said the cheating involved hundreds of the firm’s workers from 2017 to 2021, resulting in the largest penalty ever imposed by the agency against an auditing firm.
- 29 June 2022 8 Tips for Choosing a Loan Lender Finding a reliable and trustworthy lender can be difficult, especially if you are not familiar with the lending industry. There are many things to consider while choosing a lender, and it's vital to make sure you find a ...