Audit & Accounting

The bank should have booked provisions for more than $20 billion worth of government bonds that it had accumulated in its portfolio, the auditor said.

The board proposed revisions to its current going concern standard with the goal of improving transparency and consistent practices.

The foundation is adding a place on its website where people can raise concerns about the standard-setters not following due process.

Invoices sent after what is perceived to be the final invoice are less likely to be paid or can leave an impression of sloppiness that could affect your chance to do additional work.

The lawsuit, filed by a Florida-based public pension fund, appears to be the first targeting the bank since it was crushed in early March by unprecedented outflows.

Even four years after the Wayfair decision, businesses of all kinds are looking for advisory help on all aspects of sales tax.

A new report reminds auditors of the need to critically assess their own firm's capabilities and get a better understanding of the company they're auditing.

The International Public Sector Accounting Standards Board hopes to find common ground for government sustainability disclosures.

Accounting firms are uniquely positioned to help clients address ESG issues and manage risk.

Many advisors have clients who took out the forgivable loans. Some wealth management firms did the same. Three years after the government doled out more than $800 billion in mostly-free cash, here's what's happening.