Audit & Accounting

The FRC filed a disciplinary complaint against KPMG LLP, a former partner and current and former employees over their role in past audits of two companies.

The amount of civil tax lawsuits filed by the Internal Revenue Service in federal court this year is only half the number of a decade ago, but has held steady since last year.

Legislation is on track to give the service the authority it needs, with tax pro groups supporting it.

Jackson Johnson of Johnson Global Accountancy shares best practices for auditors facing their overseer -- and for making audits better in general.

Government budgets are prepared with “wild, wild west” accounting rules.

The fitness company warned that a price cut would hurt its bottom line, and that it found a problem with the way it accounts for inventory.

Financial analysis, reporting and controls help lay the foundation for business success.

Climate change is prompting more accountants to get involved in environmental, social and governance services.

Most firms pivoted to giving valuable advice during the pandemic, but only some of them got paid for it.

The Big Four firm was fined a reduced penalty of about 2.2 million pounds ($3 million) due to mitigating circumstances.