Audit & Accounting

Fractional work is replacing the traditional billable full-time professional, and value pricing is emerging as the accounting of tomorrow.

Audits of sportswear retailer failed to highlight possible related party, inventory and website sales risks.

Sue Coffey of the AICPA shares the latest trends and newest developments in this fast-changing corner of the profession, and looks ahead to what's next.

The Financial Accounting Standards Board is considering changes in the transition requirements for its long-duration insurance standard.

The board has given $19 million in awards since 2011.

Economic confidence among accountants and finance professionals in North America has declined to levels seen during the height of the COVID-19 pandemic in 2020.

While Charles Rettig is scheduled to testify to Congress’s main tax-writing committees, IRS officials offered potential justifications for the unusual audits.

U.S. and Chinese officials have been negotiating for more than two years to ensure staff from the PCAOB can access the audit papers of Chinese companies traded in the U.S. 

Funding for nonprofit organizations has remained flat or declined this past year, according to a new survey, as they face pressure from inflation and continuing fallout from the pandemic.

Focusing on the right key performance indicators enables a business to home in on the metrics that benefit it the most.