Audit & Accounting

Richard Eckstrom told lawmakers he had unintentionally exaggerated the state's cash position by $3.5 billion.

The Ministry of Finance said it found 'serious audit deficiencies' in the Big Four firm's audits of Huarong of troubled bad-debt manager Huarong.

This handful of elements is critical to effectively and profitably serving clients environmental, social and governance needs.

The Top 10 Firm announced a new summer internship program for high school students to gain leadership and career opportunities.

The agency had scaled back audits of all taxpayers between 2010 and 2019, with the total audit rate falling to 0.25% from 0.9%.

The service is largely blaming third-party promoters, but it's putting some of the burden of fixing the problem on tax preparers.

The Big Four firm gave a clean audit opinion to Silicon Valley Bank's parent company and Signature Bank only weeks before they failed.

Investors and analysts had complained that the existing disclosures don't offer enough information.

A recent survey has found that while a solid majority of small and midsized businesses want to improve their spend management, few CPA firms offer services to help them.

A marked increase in staffing shortages at auditing firms has resulted in significant setbacks to complete issuers' financial disclosures, S&P said in a report.