Audit & Accounting

The lawsuit alleges that Jim Chanos "planned on using his power as general partner to run the company into the ground, enjoy the tax benefits of his financial shenanigans, and leave his partners with nothing."

China may suspend some of the global auditor's local operations over its role in one of the nation's biggest alleged financial fraud cases.

While robust software solutions can streamline these processes, it's still important to have a fundamental grasp of the requirements for successful implementation.

The foundation commemorated the 40th anniversary of the Governmental Accounting Standards Board, and referenced last year's 50th anniversary of the Financial Accounting Standards Board.

The International Sustainability Standards Board and the IFRS Foundation published an inaugural guide to using their standards in different countries.

The Biden administration unveiled a framework that includes principles to help ensure the trading regimes deliver real emissions reductions.

China Taiping Insurance Holdings, China Merchants Bank, China Railway Group, China Electronics Huada Technology and People's Insurance Company (Group) of China are among those that changed auditors.

Gen Z accounting interns believe the biggest misconception about their generation is that they don't want to work hard, according to a new KPMG survey.

Firms are using different recruiting practices to attract younger talent, thinking outside the standard talent pool and prioritizing company culture and personal growth opportunities.

The Governmental Accounting Standards Board released an updated standard to improve some of the main components of the financial reporting model for state and local governments.