PwC’s global leader is doubling down on the firm’s commitment to its multi-service business model, but will be watching closely to see how competitor Ernst & Young’s restructuring could alter demand for its offerings and staff.

The SEC is down dozens of officials to scrutinize and regulate companies’ climate disclosures and other corporate reporting, as they grapple with a years-old staff shortage and more work under Chair Gary Gensler.

Dubai’s financial regulator fined KPMG LLP $1.5 million for its auditing of Abraaj Capital Ltd., a unit of the former emerging markets private-equity firm that collapsed after being accused of deceiving investors and misusing their funds.

Boeing Co. is appealing the Court of Federal Claims’ dismissal of its government contract cost-accounting lawsuit that challenged a $1 million claim by the federal government.

Alan Hudson, until recently the head of EY’s Turnaround & Restructuring team in the UK and Ireland, has been appointed leader of EY-Parthenon in the region, according to an emailed statement.

Singapore Telecommunications Ltd. is engaging lawyers after a major data breach at its Australian unit Optus, even though the company has yet to receive any legal notice of a class action lawsuit.

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Global accounting rulemakers are leery of tackling cryptocurrency accounting rules—and leapfrogging potential regulator action—with so few international companies holding cryptocurrency, International Accounting Standards Board members said Friday.

RSM US LLP agreed to pay $3.75 million to settle SEC charges that it ignored red flags about Revolution Lighting Technologies Inc.'s revenue accounting and didn’t consider the errors to be material to investors.