Audit & Accounting

The blue-chip auditing firm of Deloitte is being sued after signing off on the fund's financial statements before its collapse in 2025.

The International Public Sector Accounting Standards Board proposed a set of narrow changes to align them with recent guidance from the IASB.

The rapidly changing profession leaves firms with a host of challenges — and opportunities.

U.S. and South African accounting organizations extended a mutual recognition agreement through mid-2031, allowing accountants to practice in both countries.

The accounting standards update offers guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.

PricewaterhouseCoopers agreed to pay fines and compensation to settle investigations into its auditing work for the collapsed property giant.

The International Sustainability Standards Board decided during a meeting on Earth Day that it will propose a set of requirements for nature-related disclosures in the form of an IFRS Practice Statement.

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The House Financial Services Committee voted to advance legislation that would effectively repeal the Corporate Transparency Act and its beneficial ownership information reporting requirements.

It's not that we don't have enough petroleum in our pipelines, it's that we don't have a high enough octane to perform what we need it to do.