Times are tough at SeaWorld, home of killer whales and bottlenose dolphins. But they’re even tougher at GeckoParx, a few hours down the Florida Turnpike.

The 137 countries trying to forge a global approach to taxing multinational companies are behind schedule, hobbled by the pandemic and by disagreements about dozens of issues large and small. And the U.S.—home of many corporate giants—has objections.

KPMG’s global council has elected Chairman Bill Thomasto a second term leading the Big Four accounting firm.

Goldman Sachs Group Inc. admitted its role in the biggest foreign bribery case in U.S. enforcement history, conceding that its officers helped spread $1.6 billion in illicit payments across Malaysia and the Middle East.

Congressional intervention in accounting rulemaking imperils independent standard-setting and hurts capital markets, the largest U.S. accounting academic association said Thursday.

KPMG LLP is looking at options for its U.K. restructuring business as the auditing industry watchdog seeks to break down the dominant position of the biggest firms.

KPMG is in talks with several private equity firms over the sale of its U.K. restructuring practice that could raise up to GBP300 million, the Financial Times reports.