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Top International Accounting Bulletin News

Consulting · Saudi ArabiaThe ScoopSaudi Arabia’s sovereign wealth fund has ended a year-long ban on new advisory services from consultancy PwC, opening the door for the firm to rebuild its business in the kingdom after a bruising fallout with one of its biggest clients in the region.Public Investment Fund has informed PwC that the restriction imposed in February 2025 has been lifted and invited the firm to start pitching for new work, according to people familiar with t…See the Story
PwC Said to Resume Work on Pitches to Saudi PIF After Ban Ends
100% Left coverage: 2 sources

United Kingdom · United KingdomThe UK government has announced the scrapping of planned audit and corporate governance reforms, citing concerns over escalating costs. The decision marks a significant shift in the regulatory landscape, as authorities step back from measures initially designed to enhance transparency and accountability in the wake of several high-profile corporate failures. This move has prompted a [...]See the Story
UK Scraps Audit and Governance Reforms as Costs Soar
Coverage: 2 sources

Taxes · EdinburghJohnston Carmichael has appointed Stephen Oates as Head of Payroll, reinforcing its commitment to guiding employers through upcoming regulatory changes and strengthening its specialist tax leadership. Stephen, a tax partner and Chartered Tax Adviser with more than 20 years’ experience, brings extensive expertise in tax strategy to his expanded role. Since joining Johnston Carmichael in August 2022 and becoming partner in 2025, he has led growth …See the Story