Data Reveals Opportunity for Both Advisory and Compliance Work
Recent findings indicate that accountants don’t need to shift entirely to advisory work, as firms that balance both advisory and compliance services tend to be highly successful. This conclusion stems from a study by the Center for Accounting Transformation, CPA Trendlines, Avalara, and Brigham Young University, which analyzed responses from 213 accountants across various firm […]
PwC Investigation Extends to Hong Kong Following Record Fine in China
Following a record fine imposed on PricewaterhouseCoopers LLP’s China operations over their audit of the failed real estate giant China Evergrande Group, the investigation into the firm now shifts its focus to Hong Kong. The Accounting and Financial Reporting Council (AFRC) of Hong Kong announced that its review of PwC’s Hong Kong practice, distinct from […]
Ireland Faces Decision on Apple’s €13B Tax Windfall It Never Wanted
Ireland now faces a challenge that most countries could only dream of: how to allocate an unexpected €13.8 billion ($15.2 billion) windfall from back taxes that Apple Inc. was ordered to pay following a ruling by the European Union’s top court.