Audit & Accounting

Better, the online mortgage lender whose chief executive officer infamously fired 900 staffers on a Zoom call, is now facing a whistleblower lawsuit.

Revenues from client advisory services between 2018 and 2020 rose from 34% to 47%; by contrast, all other practice areas grew from 28% to 34% in the same period.

The average number of leases held by companies has returned to or exceeded pre-pandemic levels, according to a new report, even as they adjust to new rules that put leases on the balance sheet.

The Securities and Exchange Commission is requiring some financial forms that currently are allowed to be filed or submitted in paper format to be filed or submitted electronically.

To have a CAS firm, you need to change the narrative about accounting — you’re no longer selling your time; you are selling your knowledge and expertise.

Executives resent the cost and interference of auditors; investors see them as a safety net that is only noticeable when it fails.

Errors and misstatements were headed down, according to a report from Audit Analytics, but instead they hit a 15-year high.

The board plans to hold a meeting next Wednesday with its reconstituted Investor Advisory Group, the first meeting in nearly four years with one of its biggest stakeholders.

The economy added 390,000 jobs in May, the U.S. Bureau of Labor Statistics reported Friday, including 16,000 jobs in accounting and bookkeeping services.

The board's future projects include digital assets, intangibles, government grants, and accounting for financial instruments with ESG-linked features.