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UK’s FRC probes EY for unauthorised audit report issuance
Yahoo Finance· 2025-12-12 08:14
UK regulator the Financial Reporting Council (FRC) has launched an investigation into Ernst & Young (EY) regarding the unauthorised issuance of auditor’s reports to clients. The purpose of the investigation is to assess the circumstances leading to these “unauthorised” signoffs and determine if auditing standards were compromised. The decision to begin this inquiry was taken by the FRC’s Conduct Committee on 22 July 2025. Two employees of EY are included in this examination, though they have not been n ...
国民技术拟变更境内会计师事务所 原会计所中兴财光华因个别审计业务被证监会立案调查
同在28日晚,*ST立方发布公告称,公司当天收到安徽证监局行政处罚事先告知书,因被认定2021年至 2023年连续三年财务造假,安徽证监局拟对公司及10名责任人罚款合计4000万元,其中拟对公司罚款 1000万元。 与此同时,证监会官网发布通报,*ST立方严重财务造假案件,涉嫌触及重大违法强制退市情形,深交 所将依法启动退市程序。同时,证监会决定对本案所涉会计师事务所执业行为正式立案调查。对于可能 涉及的证券犯罪问题线索,将移送公安机关。 12月10日晚间,国民技术(300077)披露公告称,公司拟变更境内会计师事务所,决定聘请中审亚太会 计师事务所(特殊普通合伙)(以下简称"中审亚太会计师事务所")为公司2025年度境内财务报告及内部控 制审计机构,聘期一年。 对于变更会计师事务所的原因,国民技术表示,原拟续聘的2025年度境内会计师事务所中兴财光华会计 师事务所(特殊普通合伙)(以下简称"中兴财光华")因其他个别审计业务被证监会立案调查,为避免该事 项对公司2025年度审计工作产生影响,结合公司业务发展和审计需求等实际情况,公司拟变更2025年度 境内财务报告及内部控制审计机构为中审亚太会计师事务所。 此 ...
CBIZ Releases 2026 Benefits & Insurance Market Outlook Highlighting Rising Costs, Regulations, and Workforce Trends
Globenewswire· 2025-12-10 14:00
Resource offers guidance for employers on managing cost pressures, meeting demands, and responding to employee priorities.Cleveland, Dec. 10, 2025 (GLOBE NEWSWIRE) -- CBIZ, Inc., a leading national professional services advisor, today announced the launch of its 2026 Benefits & Insurance Market Outlook, aimed at helping employers prepare for another year of increasing healthcare costs and rising employee expectations. The report outlines key trends shaping the benefits and insurance sector and offers employ ...
FASB pubs new interim, quarterly reporting rules
Yahoo Finance· 2025-12-08 15:55
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: The Financial Accounting Standards Board published a new standard that aims to clarify, but not change or reduce, existing reporting rules for interim reporting periods under Topic 270 of the guidance that underpins generally accepted accounting principles, according to a Monday press release. Among the new provisions, the amendment will require entities to d ...
PCAOB levies fine on Beckles & Co for late Form AP filings
Yahoo Finance· 2025-12-08 09:31
Core Points - The Public Company Accounting Oversight Board (PCAOB) has fined Beckles & Co $35,000 for repeated delays in submitting Form APs for audits conducted in 2023 and 2024 [1][6] - Beckles & Co failed to meet filing deadlines for nine audits, with late submissions occurring in August 2025 after PCAOB intervention [2] - The audits affected include those for OpGen, Token Communities, UbuyHoldings, and Eline Entertainment Group, with various audit report release dates spanning from June 2024 to June 2025 [2][3][4][5] Company-Specific Details - For OpGen, the audit report for the fiscal year ending December 31, 2023, was released in June 2024 and included in the Form 10-K submitted to the SEC [2] - Token Communities had audits for fiscal years ending June 30, 2023, and 2024, with reports issued on August 2, 2024, and December 31, 2024, respectively [3] - UbuyHoldings' audits covered periods ending May 31 for both 2023 and 2024, with reports issued on March 7, 2024, and June 6, 2025 [4] - Eline Entertainment Group's audits for the years ending December 31, 2023, and 2024, had reports issued on December 23, 2024, and April 15, 2025, respectively [5][6] Regulatory Actions - The PCAOB's order includes a censure, the $35,000 civil penalty, and a requirement for Beckles & Co to enhance its policies for timely reporting of audit participants in future filings [6] - Following the violations, Beckles & Co communicated to the PCAOB that it had implemented revised procedures to ensure compliance with reporting requirements [7]
Vertex and CPA.com Announce AI-Driven Expansion of Tax Compliance Services for Accounting Firms
Globenewswire· 2025-12-05 13:00
KING OF PRUSSIA, Pa., Dec. 05, 2025 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, and CPA.com, the trusted partner in accounting and finance transformation, today announced an expansion of their partnership to include an AI-driven solution in collaboration with Kintsugi. The application helps accounting firms of all sizes and tax expertise deliver automated, accurate, and scalable sales tax compliance for clients. Building on ...
PCAOB imposes penalty on TPS Thayer for audit failures
Yahoo Finance· 2025-12-05 11:23
The Public Company Accounting Oversight Board (PCAOB) has issued a penalty against US accounting firm TPS Thayer for lapses during five audits involving two companies with main operations in China. PCAOB found that TPS Thayer did not sufficiently plan the five audits of these two companies or supervise a public accounting firm (Firm A), which is also in China. Firm A’s work formed a significant part of these audit engagements for the two companies that have their “principal place of business” in China. ...
ISCA signs agreements to build accountancy talent
Yahoo Finance· 2025-12-04 10:29
The Institute of Singapore Chartered Accountants (ISCA) is extending its involvement in Singapore accountancy international partnerships by forming two new collaborations. These agreements are intended to increase the number of CA (Singapore)-qualified professionals and address the needs of Singapore companies operating abroad. The focus areas include talent development, professional standards, and links between industry and education. A partnership between ISCA and Jiangsu, a region in China, was forma ...
Christina Ho to step down from PCAOB board by early 2026
Yahoo Finance· 2025-12-03 09:27
The Public Company Accounting Oversight Board (PCAOB) in the US has disclosed that Christina Ho will end her tenure as board member. Her service will conclude on either 31 January 2026 or as soon as the Securities and Exchange Commission (SEC) names her replacement. Ho joined the PCAOB board in November 2021 after being selected by the SEC. Throughout her period at the organisation, she led the Technology Innovation Alliance Working Group, which connected the board with specialists in new technological ...
Azets adds 384 new graduates and school leavers in the UK
Yahoo Finance· 2025-12-02 11:49
Core Insights - Azets has increased its accountancy graduate recruitment by 15%, hiring 384 graduates and school leavers in the UK, despite many firms in the sector reducing entry-level roles [1][3] - The company aims to use AI to enhance the work of junior staff rather than replace them, allowing new hires to focus on advisory roles while automating routine compliance tasks [3][4] - Azets completed the acquisition of Ensors, a chartered accountancy business, earlier in 2025, expanding its service portfolio [4][5] Regional Breakdown - The new graduate intake is distributed regionally, with 70% in the South and North East & Yorkshire, 64% in Central & West, 55% in Scotland, 46% in National Service Lines, and 40% in the North West [2] Strategic Vision - The CEO of Azets emphasized the importance of investing in graduate recruitment to prepare for future client demands and to ensure the growth of the business and the sector [3] - By automating routine tasks, Azets enables new staff to learn valuable advisory skills and progress more quickly in their careers, ultimately adding greater value to client businesses [4]