Audit & Accounting

The New York State Society of CPAs announced that Rumbi Bwerinofa-Petrozzello will serve as the 102nd president of the organization.

The SEC abruptly fired William Duhnke as chairman of the Public Company Accounting Oversight Board. As part of the shakeup, PCAOB board member Duane DesParte will become acting chair, but the SEC plans to replace the entire slate of board members.

Almost three-quarters of inspections showing sub-par work, according to the watchdog.

By creating a more efficient and strategic finance team and improving their access to data, AI helps them gain the ability to more closely manage and control money.

International Accounting Standards Board chair Hans Hoogervorst is looking back at the growth of International Financial Reporting Standards as his decade running the IASB is set to end this month.

As companies come under increasing pressure to deal with climate change and diversity, their internal auditors are putting more emphasis on making sure environmental, social and governance reports are reliable.

The Governmental Accounting Standards Board issued a proposal to improve the accounting and financial reporting requirements for state and local governments.

The IFRS Foundation is looking for a chair and vice-chair of a board that will set global ESG reporting standards.

While some are scouting for prospects, others are still recovering.

As the pandemic moves into its final stages, accountants need to be planning their own and their clients' exits.