Audit & Accounting

Just days after American officials arrived in Hong Kong to review the audit work papers of Chinese companies, Washington's watchdog has a stern warning for Beijing: U.S. inspectors must get full access.

The American Institute of CPAs received a $120,000 grant from the Maryland Department of Labor to expand its Registered Apprenticeship for Finance Business Partners in the state.  

Utilizing a shadow payroll process, the payroll in the work country shadows (or mirrors) the compensation paid to the employee in their origin country.

New York Attorney General Letitia James filed a sweeping lawsuit accusing Trump of inflating his asset values by billions of dollars to obtain favorable loan terms and other financial benefits.

The Pennsylvania Institute of CPAs found that while executives and practitioners agree that environmental, social and governance reporting matters, they are not prepared for the impact ESG practices may have on their organizations.

Over the last three decades, internal audit plans of financial institutions have shifted from a model focused on deep dives of sample selections to plans based on overall risk and controls.

Attorney General Letitia James filed suit, naming Trump, the Trump Organization, and Donald Trump Jr., Ivanka Trump and Eric Trump.

Ernst & Young reported a 13.7% revenue increase in U.S. dollars and 16.4% in local currency terms in fiscal 2022, the highest growth in nearly two decades.

Lawyers and agents have always bemoaned "Hollywood accounting," in which studios overstate costs and disguise profits so as not to share proceeds with financial partners.

Remembering a reform expert; more suggestions for IRS improvement; fluffy nonsense; and other highlights from our favorite tax bloggers.