Audit & Accounting

Being the trusted advisor means being the problem-solver.

The collapsed payment processor is set to depart Germany's main exchange in Frankfurt next week after an accounting scandal.

The Financial Accounting Standards Board issued an update to simplify the discount rate guidance for lessees that aren’t public companies, including private companies, nonprofits and employee benefit plans.

CPAs put a lot of time and effort into guiding their clients to financial success, but that work can come at a cost.

The claimants allege that KPMG “failed to maintain independence and an appropriate attitude of professional skepticism" in the insolvency of Dubai private-equity firm Abraaj Group.

The institute joins two other groups in withdrawing because of the involvement of officials from Myanmar.

The Financial Accounting Standards Board voted Wednesday against deferring the lease accounting standard for a third time for private companies and not-for-profit organizations.

Audit committees at public companies have been upping the amount of disclosures they have been providing in proxy statements, especially when it comes to cybersecurity and non-audit services.

Internal auditors are keeping a close eye on emerging risks as the COVID-19 pandemic continues, with cybersecurity at the top of the priority list.

With today marking International Accounting Day, now is the time to remind clients just how much we have to offer outside of audits and tax compliance.