Audit & Accounting

The Public Company Accounting Oversight Board levied sanctions and penalties against four auditing firms as part of a sweep.

There are many myths flying around the internet about how niching down can harm your firm. They're false.

The Internal Revenue Service would be able to implement changes to the Child Tax Credit within weeks, IRS Commissioner Danny Werfel told Congress, and send out tax refunds promptly.

Despite the recent pushback in the U.S., many companies — roughly 90% in a survey by KPMG — plan to dedicate more resources to ESG over the next three years.

The existing guidance directs public companies, including banks, to count crypto they custody as liabilities on their corporate balance sheets.

Helping clients comply with the Corporate Transparency Act's reporting requirements represents an opportunity for accountants.

The International Ethics Standards Board for Accountants has proposed new rules to help auditors steer companies away from greenwashing.

With almost 13% of full-time employees working remotely, and 28.2% in a hybrid arrangement, accounting firms are coming to see the importance of adapting to the new working environment.

The IRS is warning practitioners about a tactic that recurs every tax season.

The engagement partner and engagement quality review partner on the audit of Mexican steelmaker owe a combined $165,000.