Audit & Accounting

The board is looking for nominations for new members of its Investor Advisory Group and its Standards and Emerging Issues Advisory Group.

The unemployment rate dipped one-tenth of a point to 3.5%, the U.S. Bureau of Labor Statistics reported.

The disclosures that companies make about their green credentials will be evaluated by new global audit standards that are expected to be finalized by the end of next year.

Business entities subject to the CTA will face significant new reporting and related record-keeping obligations. There are several things advisors should consider.

Digital World Acquisition blasted Marcum for not adhering to "requisite audit procedures" that would have identified the accounting errors sooner.

The company has suspended contracts with about 60 suppliers, launched internal audits, and has put its U.S. head of procurement on leave.

The Center for Audit Quality is working to convince the board to water down a proposed update telling auditors to be on the lookout for fraud and other signs of noncompliance.

The International Auditing and Assurance Standards Board proposed new rules for providing outside assurance on a company's sustainability reporting efforts.

CPA firms are resorting to strategies like hiring workers abroad, raising starting salaries, offering fully remote jobs, and hiring staff who haven't graduated college.

Annual pay grew 6.2% year over year, according to payroll processor ADP, which separately added generative AI features to its software.