Audit & Accounting

Client accounting services has been hugely successful as a service offering, but CPA.com's Erik Asgeirsson and Kalil Merhib say firms need to evolve toward the next stage: client advisory services.

The AICPA and NASBA are laying the groundwork for a major overhaul, with some content moving to new sections.

The Federal Accounting Standards Advisory Board is looking for volunteers to join a new task force it is forming on climate-related financial reporting.

The board is preparing to launch an updated Accounting Standards Codification platform.

The Institute of Internal Auditors unveiled new research during its annual international conference in Chicago this week pointing to changes in the internal audit profession worldwide.

The clock is ticking to avoid a 2024 deadline for kicking businesses off the NYSE and Nasdaq unless U.S. regulators get full access to inspect their audit work papers.

The push by the city-state’s firms to offer larger paychecks reflects the broader competition for skilled talent in the financial hub.

The Financial Reporting Council said that four of the eight audits reviewed at Mazars and five of 12 audits at BDO required more than limited improvements.

The ESG standard-setter is merging into the recently formed International Sustainability Standards Board.

Ernst & Young employees were upset to discover their paycheck deposits had been reversed after a glitch at its payroll processing company ADP.