Accounting/Consulting

Companies worldwide made deep cuts in enterprise technology spending last year, with tighter information-technology budgets likely to stretch well into the year ahead.Global IT spending…

Kellogg Co. is working to reap additional cost savings by relying more heavily on standardized performance benchmarks, a move that could prove particularly…

The Financial Accounting Standards Board in 2023 wants to get closer to finalizing key rules, ranging from companies sharing more details on cryptocurrency holdings to breaking out certain…

The U.S. audit watchdog sanctioned three firms and four audit professionals from KPMG’s global network for alleged misconduct such as failing to cooperate with an inspection and cheating on…

As some U.S. companies are turning to job cuts to reduce costs, chief financial officers and other executives are navigating a host of potential stumbling blocks.While jobless claims are…

A recent agreement between Washington and China allowing U.S. accounting regulators to inspect China-based audits is raising questions about the role of unregistered auditors in the Chinese…

A number of finance chiefs at some of the country’s biggest companies have left their jobs in recent weeks, an exodus that comes amid the pressures that high inflation and the Covid-19…

Retailers and their finance chiefs are facing a challenge balancing consumer expectations for discounts and the need to keep raising prices to offset high inflation.Major retailers including…

Strong competition and a slowing economy could pose challenges for Ernst & Young as it looks to stand up a separate consulting brand as part of the planned split of its business.EY’s…

Firms that verify businesses’ climate data are at odds over who is qualified to perform the work, a pivotal and potentially lucrative task under a proposal from the Securities and Exchange…