Audit & Accounting

Despite the higher premiums they can charge when operating at capacity, the lack of qualified candidates is spelling trouble for firms who are running on skeleton crews.

Management at the Brazilian retailer told auditor PwC and its audit committee there were no supply-chain financing ops, but gave securities regulators conflicting information.

Plus, Genius Scan introduces new expense reporting capacities; Xero to retire WorkflowMax; and other news from the accounting technology arena.

Slowly but surely, more private businesses are adopting the new standard as they face demands to put their operating leases on their balance sheets.

Overall new client additions — and departures — continue to rise, thanks to M&A.

"Our budget request provides steady-state operational funding," Yellen said. "It will complement the one-time, long-term investment in the IRS."

The Minnesota Society of CPAs' recent legislative effort highlights the need to develop a wide range of solutions to the profession's staffing issues.

The Top 25 Firm is expanding its entertainment management practice by adding Royalty Compliance Organization in St. Louis and Blue Sky Group in Nashville.

Employees in investment consulting, compliance, legal and audit would worry over their jobs, given duplications with UBS.

New York Attorney General Letitia James asked a state judge to force Whitley Penn to produce documents and testimony in her lawsuit against Donald Trump.