Audit & Accounting

The more than 71 million people receiving benefits will get the smallest gain since 2021, reflecting a significant cooling in inflation.

The Task Force on Climate-related Financial Disclosures is seeing more than half of companies issuing at least a handful of the disclosures it recommends.

The PCAOB released a report that found 42% of auditing firms got at least one quality control criticism related to engagement quality reviews.

"These findings are damning," Jon Holt, CEO of KPMG in the U.K., said. "It is clear to me that our audit work on Carillion was very bad."

The dispute centers on a 2012 IRS audit into transfer pricing, a method used to shift profits to tax havens and avoid the U.S. corporate tax rate.

The number of students earning accounting degrees keeps falling, according to the latest figures released by the American Institute of CPAs.

The changes aim to make the ESG rules more relevant to a global audience.

When she asked whether a line of credit would show up in FTX's audit, he said, "Don't worry, the auditors aren't going to look at that."

Whether a qualified, disclaimer or adverse opinion is given depends on the nature and scale of the problem, and some states had lots of problems.

Nearly half the directors on corporate boards would like to see one of the other members replaced, but few changes are happening, according to a new survey.