Audit & Accounting

A recent ACCA study highlights the shortcomings of academia in effectively training future accountants for the skills needed in the marketplace.

A KPMG report showed Cevdet Caner — who was not supposed to have any direct role in the company — setting meetings, weighing in on pay and berating executives.

R&D amortization; FAQs’ limits; ‘tax’ by any other name; and other highlights from our favorite tax bloggers.

Sen. Ron Wyden asked for more information about the firm's disclaimer that a decade’s worth of financial statements should no longer be considered reliable.

The board of trustees released a draft strategic plan Tuesday and is asking for input.

When the IFRS Foundation trustees put out their Consultation Paper on Sustainability Reporting, the accounting scientific community responded in unusually high numbers.

Forty-four local students received education-related funds as part of the state society's Educational Foundation Scholarship Program.

The FRC fined the Big Four firm and partner Anthony Sykes over its 2010 audit of the carmaker, the latest in a long list of audit scandals surrounding the firm.

Climate change could cost the global economy $178 trillion over the next 50 years, a 7.6% cut to global GDP in 2070 alone, according to estimates from the Big Four firm.

Finance ministers and central bank governors are asking the new board to go beyond climate change disclosures to set standards in other areas related to nature and social issues.