Audit & Accounting

The American Institute of CPAs expressed strong support for bipartisan legislation that would establish the accounting profession as a STEM career pathway.

The number of companies that have restated their financial results or disclosed accounting problems has increased significantly in recent years.

The Public Company Accounting Oversight Board sanctioned a Deloitte member firm in South America for violating quality control standards.

The firm said its risk controls were inadequate and its board didn't challenge leadership enough, following a months-long independent inquiry into malpractice.

The international network founded by a group of former partners from Arthur Andersen has unveiled a global valuation practice.

Forbes Advisor has ranked the 99 best places for an accounting career.

The judge sided with Letitia James on her allegation that Trump repeatedly engaged in fraud by claiming exaggerated values for some of his best properties on his annual statements of financial condition.

From more agents to the deployment of AI, the service is directing resources where the money is.

The board levied a $2 million penalty against the Chicago-based Top 10 Firm for violating its auditing rules and standards, and sanctioned two of its audit partners.

Less than a month is a small window for an auditor to complete their work.