Audit & Accounting

EY is revamping two of its internal U.K. management teams, weeks after the company ditched plans to break up its audit and consulting operations globally.

KPMG announced a new initiative to deploy a series of generative AI partnerships and investments to reinvent how the firm operates.

The New Jersey Society of CPAs awarded $221,500 in scholarships to 53 local high school and college students. 

Both audits and independent boards are basic standards that any investor would expect a company to have in place, particularly if that firm is of a certain size and working in a financial sector.

Danielle Pollock became one of the seven students to be selected for the board's Postgraduate Technical Assistant program.

Commissioner Werfel is promising to fix the method of selecting taxpayers for examinations that seems to lead to more Black taxpayers being audited.

The foundation appointed the managing partner of assurance and risk at Baker Tilly, Jere Shawver, as the next chair of the council.

The state society is giving $175,000 to students from across the state. 

She advised Congress that the Treasury may exhaust its special accounting maneuvers to avoid running out of sufficient cash as soon as early June.

Illustrative guidance would help determine whether the extra money companies hand out to execs should be accounted for as share-based payments.