Audit & Accounting

Jimmy Haslam contends Pilot Travel execs have changed quarterly-earning accounting methods in a way that will cut the value of his holdings by $1.2 billion.

GE's legal and accounting teams were investigating how accurately turbine sales in Angola were reflected on the company's books.

The board is providing information to help companies with its disclosure standards before they take effect in January.

The Institute of Management Accountants reported increased salaries and job opportunities for Certified Management Accountants as opposed to those without certifications.

The American Institute of CPAs provided information for U.S. accounting professionals on the potential impact on their out-of-state engagements if some of the pending legislation in some states on licensure requirements is enacted.

The Chicago-based firm plans to add the federal government practice of CliftonLarsonAllen, effective Dec. 31.

The International Internal Audit Standards Board voted to approve a set of new standards that are expected to be released in January.

The Financial Accounting Standards Board issued an accounting standards update aimed at improving income tax disclosures from companies.

The deal saved hundreds of Chinese companies in the U.S. from being booted off American stock exchanges but has done little to revive the flow of initial public offerings.

The International Federation of Accountants wants organizations to combine sustainability reporting with their existing internal control and governance frameworks.