accounting

Big Four Accountancies Fail UK Audit Test
Big Four Accountancies Fail UK Audit Test
July 11, 2019  |  B2B Payments

All of the U.K.’s so-called Big Four accountancy firms — KPMG, PwC, EY and Deloitte — have reportedly failed to reach audit quality standards set...

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Cambridge Global Payments Automates X-Border AP
Cambridge Global Payments Automates X-Border AP
July 10, 2019  |  B2B Payments

FLEETCOR-owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. Cross-border commercial payments and FX management firm Cambridge Global Payments said in...

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SMBs May Get More Time To Adopt New Accounting Standards
SMBs May Get More Time To Adopt New Accounting Standards
June 24, 2019  |  B2B Payments

Financial regulators are considering allowing smaller businesses (SMBs) more time to comply with sweeping changes in lease accounting standards, which experts have said will place...

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Amaiz Debuts Mobile Banking App For Startups
Amaiz Debuts Mobile Banking App For Startups
June 07, 2019  |  B2B Payments

U.K. FinTech Amaiz is rolling out a mobile business banking app for entrepreneurs, announced in a blog post this week. The solution is available 24/7,...

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Brex Integrates With Accounting Platforms
Brex Integrates With Accounting Platforms
June 07, 2019  |  B2B Payments

Commercial card startup Brex has announced the launch of a portal to connect cardholders to accountants. In a press release Thursday (June 6), Brex revealed...

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PwC: Next Auditing Giant To Overhaul Business
PwC: Next Auditing Giant To Overhaul Business
June 06, 2019  |  B2B Payments

PricewaterhouseCoopers is the next Big Four U.K. auditing giant to overhaul operations amid growing regulatory scrutiny on the industry. PwC is reportedly planning to ramp...

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SEC’s Top Accountant Role Left Vacant Ahead Of Standard Changes
SEC’s Top Accountant Role Left Vacant Ahead Of Standard Changes
June 05, 2019  |  B2B Payments

As the Securities and Exchange Commission (SEC) readies to implement sweeping changes in accounting standards, the agency’s top accounting role has been left vacant. Reports...

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New Details Emerge On Chinese Pharma’s $4.3B Fraud
New Details Emerge On Chinese Pharma’s $4.3B Fraud
May 30, 2019  |  B2B Payments

New details have surfaced about how a Chinese pharmaceutical conglomerate overstated its cash position by about $4.3 billion. Bloomberg reported on Wednesday (May 29) that...

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UK Financial Watchdog Ramps Up Auditor Oversight
UK Financial Watchdog Ramps Up Auditor Oversight
May 28, 2019  |  B2B Payments

U.K. financial watchdogs have stepped up their oversight of the accounting and auditing industry amid a string of corporate accounting scandals, collapses and questions over...

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