Audit & Accounting

Cta.x is designed to help audit firms quickly develop and deploy automated internal controls tests to help them comply with regulations including Sarbanes-Oxley.

The board proposed changing “comprehensive annual financial report” to “annual comprehensive financial report” because the abbreviation sounds like a racist term in South Africa.

The memorandum of understanding with the Vietnam Ministry of Finance aims to advance the internal audit profession in Vietnam.

The American Institute of CPAs recognized four current professionals interested in becoming accounting professors by providing $20K stipends to support their Ph.D educations.

U.S. regulators are throwing another wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to a key element of blank-check companies.

The IRS announces several leadership appointments; Prager Metis expands in South Florida with Miami office and managing principal; and more CPA news.

Mary T. Washington Wylie broke a major barrier in the accounting profession in 1943.

Employees who move to low-tax states may still be taxed by their former residence, as more states levy taxes on cross-border business.

Nearly a quarter of internal audit teams intend to implement cloud-based audit management or governance, risk and compliance software this year, according to a new survey.

The board is planning changes in how it conducts inspections of audit firms, and where it will focus.