Audit & Accounting

The Public Company Accounting Oversight Board posted new downloadable datasets related to Part I.A and Part I.B deficiencies.

A regulator unveiled settlements with two former Wells Fargo auditors who were alleged to have ties to the bank's systemic sales-practice misconduct.

The International Sustainability Standards Board published an exposure draft proposing amendments to IFRS S2 to make it easier for companies to apply the standards.

The House Financial Services Committee is considering legislation to transfer the Public Company Accounting Oversight Board's responsibilities to the SEC.

The International Auditing and Assurance Standards Board is proposing to tailor its standards to align with recent additions to the IESBA's Ethics Code.

The Iowa Society of CPAs announced Carrie Steffen as its next CEO, effective May 19.

The Financial Accounting Standards Board published a rule in 2023 requiring companies that hold crypto to report their tokens at fair value.

Big Four firm KPMG announced that it has built several new AI agents into its global smart audit platform Clara, with plans to develop more in the future.

As the odds of a downturn climb, one expert warns that it may result in the uncovering of so-far undetected fraud schemes.

Utah Valley University and Intuit are piloting a hands-on education program to attract students to pursue accounting careers.