Audit & Accounting

A recent report from AuditBoard says that cybersecurity and data privacy are among the key risks facing internal auditors today.

In the wake of the meltdown of FTX, the digital-asset exchange wants to reassure investors and stakeholders.

Auditing firms can expect enhanced inspections, strengthened enforcement and higher penalties, says Public Company Accounting Oversight Board Chair Erica Williams.

The board issued an ASU to improve accounting guidance for arrangements between entities under common control.

The board announced the launch of its new Technology Innovation Alliance working group, meant to advise the audit overseer on issues with emerging technology.

A fintech company that handles bookkeeping and accounting operations for small and midsized businesses has acquired a cloud-based bookkeeping service from KPMG.

Audit committees are including more disclosures within proxy statements, but there's a disconnect between what investors expect and what companies are willing to disclose.

Small businesses saw little change in their month-over-month hiring rates and hourly earnings growth, but the number of hours worked by employees rose, according to payroll giant Paychex.

Cole was convicted of a single count each of securities fraud and improperly influencing an audit, plus six counts of making false filings with the SEC.

The dramatic move comes in the wake of an investigation by prosecutors and Italy's market regulator into some of the club's balance sheets regarding alleged false accounting and market manipulation.