Audit & Accounting

The change would make it easier for private companies and nonprofit organizations to evaluate a goodwill triggering event.

President Donald Trump on Friday signed legislation that could kick Chinese companies off of U.S. exchanges unless American regulators can review their financial audits, a move likely to further escalate tensions between the two countries.

The International Auditing and Assurance Standards Board has issued a set of three revised standards aimed at improving quality management for auditors across the globe.

The SEC Reporting Taxonomy and GAAP taxonomy still need to be approved by the SEC.

Business owners don't have the time or expertise to deter bookkeeping fraud.

The company made up more than $300 million in fake retail sales.

The move to focusing primarily on being a trusted advisor has been a long time coming.

As part of this year’s Top 100 Most Influential People survey, Accounting Today asked, “What one thing would you recommend accountants do to prepare for the future?”

The board’s proposed ASU offers specific guidance on certain recognition and timing issues.

The Securities and Exchange Commission rewarded the whistleblower who exposed potential securities law violations in connection with their audit-related responsibilities.