Audit & Accounting

The next 12 months offer accounting firms lots of changes to rethink how they operate and reposition themselves to be more intentional about growth.

Prager Metis CPAs LLC, an auditor for FTX, was sued by an investor, who also sued Armanino LLP, an auditor for FTX US, FTX's co-founder Sam Bankman-Fried and others.

The new rule has a profound impact on advisor use of testimonials, performance advertising, and compensation for referrals.

The judge said depositions of all parties in the case must be completed by March 20.

Team members donate time and resources in Michigan as part of the firm's annual Day of Impact. 

The agency aims to hire scores of auditors, but there's a nationwide shortage of accountants.

The Financial Accounting Standards Board is proposing a new chapter in its conceptual framework on recognition and derecognition of items in financial statements.

A recent report from the IESBA says that technology has created more opportunities for ethical dilemmas that highlight the importance of standards.

These promissory notes offer buyers an accounting power: Emitters of planet-warming pollution get to deduct emissions from their own ledgers simply by purchasing tons of carbon offsets sourced to projects elsewhere.

The Public Company Accounting Oversight Board proposed significant changes in the requirements for firms' QC systems, modernizing standards in place for decades.