Audit & Accounting

A warning from the commission has prompted hundreds of special purpose acquisition companies to issue financial restatements.

The Federal Accounting Standards Advisory Board released a standard for accounting and financial reporting on government-owned land and delayed the effective date due to the pandemic.

As part of the Black CPA Centennial, three leaders discuss what the accounting profession needs to do to become more diverse.

The key tactic for CPA firms moving forward is strategic prioritization, according to the panel of AICPA and CPA.com leaders.

A federal judge in San Francisco ruled in favor of PricewaterhouseCoopers in a case involving a former employee who sued PwC for firing him after he complained about conflicts of interest among audit clients.

The International Accounting Standards Board proposed to reduce the disclosure requirements for eligible subsidiaries under International Financial Reporting Standards.

Even as Mike Lynch faces potential extradition to the U.S. on fraud charges, those who have stayed loyal to him are reaping the rewards.

Tesla, MicroStrategy and Square will have to reckon with their digital holdings in earnings reports.

Former Treasury officials say both parties should agree to increase money for the agency.

FASB's proposed update could help companies with their risk management, but they will probably need sophisticated hedging expertise to benefit.