Audit & Accounting

The company was hit with a $24 million penalty as a result of an accounting scheme designed to inflate earnings.

Sage's new generative AI Copilot solution, set for U.S. release later this year, is meant to make powerful automation capacities more accessible.

Auditors face increasing challenges in evaluating how organizations estimate and report credit losses.

The document will be available for comment on the International Financial Reporting Standards website.

The IIA Internal Audit Foundation's newly released Vision 2035 project sheds light on the challenges over the next decade.

Intuit and nonprofit Education at Work announced a pilot program to employ college students at TurboTax, helping them gain experience while earning tuition money.

KPMG US has established an independent advisory committee to improve its audits amid tougher inspections and enforcement.

Shipbuilder Austal USA and its parent company agreed to a $24 million civil penalty to settle fraud charges by the Securities and Exchange Commission.

The Institute of Management Accountants debuted a corporate membership program Tuesday that provides training and resources for teams in organizations.

The advice will help in determining the appropriate situations to use the standard.