Setting up a business in Germany can be challenging—even something as basic as opening a bank account poses difficulties. Here’s what you need to know.

TMF Group’s Global Business Complexity Index ranks Greece the most difficult jurisdiction for international companies to do business in, with Brazil, Germany and China also in the top ten.

Recent corporate collapses such as BHS and Carillion have put “going concern” statements in the spotlight. New guidance will make non-executive directors—especially those on the audit committee—part of the assessment.

Central government is searching for a senior figure to undertake a review of the audit market and model.

Global luggage brand sees share price fall and stock trading suspended after claims by Texas-based activist investor that the company’s accounting needs independent examination.

Financial watchdog is to implement new sanctions for the UK’s Big Four audit firms following an independent review.

Report from accounting watchdog proposes lifting the maximum fines for Big Four audit firms to £10m or more in cases involving “seriously poor audit work”.

Clear disclosures about the effect of major new accounting standards, alongside better linkage between strategy, KPIs and remuneration, are areas under the gaze of the Financial Reporting Council.

Governance expert Guy Jubb calls on non-executives to consider ethics and culture in their “critical role” of helping produce true and fair financial reports.

Three former Tesco directors are to stand trial for fraud and false accounting, relating to the supermarket chain’s £326m black hole.