Audit & Accounting

The Financial Accounting Standards Board is extending the period of time to use its LIBOR-to-SOFR relief guidance.

Accounting's most influential outline how the profession can better attract new talent.

As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "The profession is having trouble attracting new talent, in general and CPA exam candidates in particular. Why do you think that is?"

The move caps a three-year legal saga initiated by Democrats to obtain and release the former president's closely held financial documents.

The new standard for audit confirmations would replace an interim standard that hasn't changed for two decades.

Scheduled for May 8-10 in San Diego, this premiere event will teach firms how to rethink their business model, launch new services and leverage new technology to build a 21st century practice.

The board released its latest inspection reports on Deloitte & Touche, PricewaterhouseCoopers, KPMG and Ernst & Young, plus BDO USA and Grant Thornton.

A recent study found that using machine learning in tax audits can significantly increase evasion detection as well as delinquent tax collection.

Michael Burry, the investor who foresaw the housing market crash in 2008, is skeptical about today's proof-of-reserve audits.

The accounting firm Mazars Group halted work for Binance and other crypto firms on reports that are meant to demonstrate that the companies hold the necessary reserves.