Audit & Accounting

Three former executives engaged in improper revenue recognition practices that inflated the company's earnings.

The U.S. Small Business Administration disbursed up to $200 billion in potentially fraudulent EIDL and PPP funds, but that amount was disputed in a separate report by the SBA itself.

The former president's daughter won dismissal from the suit when a state appeals court ruled that the claims against her were too old.

The professional services firm is freezing pay bands for auditors at the senior associate level.

The seven-country search could plunge the troubled German landlord deeper into crisis.

Companies that buy offsets from the voluntary market now have guidelines to inform what they can and can't claim about the credits.

Are accounting firms looking at deals with private equity firms opening the door to increased regulatory scrutiny and action?

Organizations are not making a priority of examining their corporate culture, although some internal auditors are doing that to deter corporate malfeasance, according to a new report.

The board proposed an update to improve the accounting for purchased financial assets, including those acquired in a business combination.

Why accountants should prioritize nonfinancials in business valuations