Audit & Accounting

Complex transactions in this industry can trigger accounting and reporting issues that may result in SEC letters, restatements and challenging conversations with investors.

Ernst & Young issued a major mea culpa following a failed split of the firm.

The 83 publicly disclosed accounting and auditing enforcement actions in FY 2023 represented the highest number of actions initiated since FY 2019.

Auditors are including CAMs in more of their opinions but disclosing fewer CAMs per opinion, according to an Ideagen report.

While most accountants are aware of the reporting requirement, the majority of business owners are likely to be, at best, dimly aware of them.

The Public Company Accounting Oversight Board is proposing a new rule to prevent auditing firms from making false or misleading statements about being registered or overseen by the PCAOB.

Auditing is undergoing a seismic shift, largely driven by the relentless march of technology.

One high point of the trial was the testimony of Oliver North, who said that in 2019 he pushed for an outside audit of the NRA's finances but longtime leader Wayne LaPierre refused.

It's not just the 150-hour rule for obtaining a CPA license that may be the culprit for the talent shortage, according to an academic study.

The SEC's new cybersecurity disclosure rules will affect plenty of businesses, but a survey finds many cyber professionals lack confidence they can comply in time.