Audit & Accounting

Stock compensation opens up new challenges from a GAAP perspective.

The managers of the bankrupt crypto exchange sued the parents of its co-founder and former CEO to "recover ... fraudulently transferred and misappropriated funds."

The service said Monday it plans to lower its audit rate of low-income taxpayers, even as some criticize its ability to protect taxpayer information.

To start, many firms fail to recognize the difference between driving demand and fulfilling demand.

Price Waterhouse was the auditors for the Academy of Motion Picture Arts and Sciences, and this is an early example of cross-selling to add outside-the-box services to an engagement.

The new positions, which will be in more than 250 locations, will help ramp up compliance efforts against high-income earners, partnerships, large corporations, and promoters.

Software vendors also lauded the board's new cryptocurrency standard as a worthy first step.

Reporting and assurance around sustainability disclosures are a natural fit for the profession — but it's attracting other players, too.

From Alabama dinosaurs to pickleball, accountants have studied some unusual things to fulfill their education requirement.

The American Institute of CPAs is teaming up with other groups to help accountants cope with natural disasters, as well as learn more about the environmental, social and governance area.