Audit & Accounting

The National Association of State Boards of Accountancy voted to approve the CPA Evolution model, which it has been developing with the American Institute of CPAs, in an effort to require more technology skills from CPAs to pass the Uniform CPA Examination and qualify for state CPA licenses.

More than half the companies that completed their first audits under the new standard needed to make an extra effort.

The Governmental Accounting Standards Board is proposing a set of improvements in how state and local governments report on their financial condition.

Under Armour Inc. said a pair of top executives, including founder Kevin Plank, has been named in a federal probe of the company’s accounting, sending shares of the athleticwear maker down.

Deloitte is helping more of its clients leverage blockchain technology as it sees the distributed ledger technology gain increasing usage after years of experimentation with the technology.

Eleven CPAs, all 40 years old or younger, were recognized across the personal finance and information technology sectors.

If you have clients who own more than one business, how they structure those companies can affect them from the legal and tax perspectives.

The platform lists young, small firms within its directory to promote and support entrepreneurship in the profession.

Former Wirecard AG Chief Executive Officer Markus Braun and two other former officials were arrested as prosecutors said the company knew about massive losses as early as 2015.

Richard Chambers, who has led the Institute of Internal Auditors for 12 years, will be stepping down effective March 31, 2021. The IIA plans to begin an immediate search for a new CEO.