Audit & Accounting

The decision is the harshest regulatory consequence yet for the firm since Wirecard's demise almost three years ago.

Three former executives from Austal USA have been indicted for a fraudulent revenue recognition scam.

Banks have been reclassifying their losses to avoid taking steep write-downs that could be helping them stay in business.

Accounting firms are looking for ways to keep in touch with clients often and to advise them as much as they can, and payroll is a high-touch service that can accomplish this.

Plus, GBS Tax and Bookkeeping rebrands as Cleer Tax and Bookkeeping; ITA looks for new president; and other news from the accounting tech world.

The committee released a study Thursday on how to apply its widely used internal control framework to sustainability reporting.

Correct accounting, tax preparation and reporting in the cannabis industry requires proper operational setup and processes, expertise and tools.

The Global Reporting Initiative released a report urging companies to take a due diligence approach in their sustainability efforts.

The board released an update to improve how companies disclose investments in tax credit structures by letting them use proportional amortization.

The CAQ and Everfi celebrate the launch of a digital curriculum designed to attract more diversity into the accounting profession.