Audit & Accounting

Institute of Management Accountants president and CEO Jeff Thomson talks in this video about how he views the plans by the American Institute of CPAs and the Chartered Institute of Management Accountants to form a new international association.

Companies that botch the accounting for transactions between different legal entities within their organizations can make their financial reporting slipshod.

The Institute of Internal Auditors and the International Federation of Accountants have renewed an agreement to collaborate on advancing auditing and accounting practices around the world.

The American Accounting Association’s Auditing Section has introduced a database summarizing research papers on auditing that were published in seven academic journals.

The Center for Audit Quality and the American Accounting Association have expanded their Access to Audit Personnel program for connecting academic researchers with auditors.

The Financial Accounting Standards Board has released an exposure draft proposing changes in its conceptual framework related to how items are presented in a financial statement.

Internal audit departments are making greater use of innovative technologies such as data visualization, according to a new report.

PricewaterhouseCoopers LLP failed to spot for seven years a multibillion-dollar fraud that led to the demise of Taylor Bean & Whitaker Mortgage Corp., a lawyer for the lender’s bankruptcy trustee told a Miami jury on Tuesday.

Daily Journal Corp., a publisher that counts billionaire investor Charles Munger as chairman, has shored up how it discloses information to investors after years of disputes with auditors.

ComScore Inc., the Internet and entertainment research firm, replaced its chief executive officer and chief financial officer as the board’s accounting probe dragged on into its sixth month.