Financial and Accounting News

• June 22, 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 ...
• May 5, 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. ...
• May 4, 2023 5 Limitations of Financial Ratios Financial ratios are essential tools in evaluating a company’s performance and financial health. They provide insights into various aspects of a business, such as profitability, liquidity (i.e., how quickly assets can be c ...
• February 7, 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.
• February 2, 2023 How Loan Refinancing Can Save You Money: A Comprehensive Guide A powerful strategy that can help you save money and improve your economic health is loan refinancing. Understanding how financial restructuring works and its potential advantages can empower you to make informed ...
• July 8, 2022 How to Choose a Trading Strategy When You're Not a Trader: A Simple Guide to Styles and Risks Understanding trading strategies can feel overwhelming, especially if you're just starting out. This guide will help you make sense of the different types of strategies, how they work, and how to choose the one that suits you best.
• June 29, 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.
• June 29, 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 ...
• December 30, 2021 KPMG Replaces EY as the Insurance Giant’s New External Auditor The FTSE 100 Listed Phoenix Group Holdings plc has decided to replace EY with KPMG for the financial year ended December 31, 2024 The big four firm EY has been the company’s auditor since 2018 so technically was in a ...
• November 14, 2021 Empowering Personal Finance: Smart Strategies for Financial Stability In today's fast-paced and ever-changing world, achieving financial stability is a goal many share. Whether you are just starting your career, looking to build wealth, or planning for retirement, mastering the art of personal finance is critical to securing a prosperous future.