Audit & Accounting

With their critical eye and technical knowledge, accountants can interpret when a number doesn't match reality, anticipating failures before they become scandals.

The artificial intelligence company was facing legal scrutiny in the weeks before it went bust.

The far-reaching legislation would transfer the responsibilities of the Public Company Accounting Oversight Board to the Securities and Exchange Commission.

The Public Company Accounting Oversight Board released a publication to help smaller firms as it comes under threat of being absorbed into the Securities and Exchange Commission.

IT auditors who know a lot about AI can now show it through a new certification, as the ISACA now offers an AAIA, or "Advanced in AI Audit," credential.

The latest data on new SEC audit client engagements for 2024 and the number of accounting-related securities class actions.

Minnesota approved a bill on Monday night to create additional pathways to CPA licensure, and it awaits the signature of Gov. Tim Walz.

Accountants can turn the audit playbook into an AI assurance framework that policymakers have been groping for.

The Financial Reporting Council found EY "demonstrated a complete lack of professional skepticism" and failed "to be alert to conditions that may have indicated possible fraud."

With the number of extensions, many practitioners are seeing tax season continue through the summer and fall.