Audit & Accounting

A young CPA shares offers a valuable primer on preparing for the test.

The board is giving companies an overview of some of the key areas it will be looking at during upcoming audit firm inspections.

When businesses fail to file on time, they can get hit with fines or other penalties.

The American Institute of CPAs has named Angela Newell, a national assurance partner at BDO USA’s Dallas office, as the new chair of the AICPA’s Financial Reporting Executive Committee, succeeding Crowe partner Jim Dolinar.

MoviePass’s parent company hit another bump Tuesday, acknowledging it lost track of how many paying customers the film-subscription service had on its books.

Regulators in some Asian countries are getting tougher on auditors after landmark defaults, in an increasingly high-stakes game as investors call for earlier warning signs amid expectations for debt failures to mount.

Accountants need a strategy to make them stand out from their competitors.

Seventy-six percent of internal audit groups are undertaking some form of innovation, but only 31 percent have a roadmap in place.

The Securities and Exchange Commission has approved the Financial Accounting Standards Board’s 2019 GAAP Financial Reporting Taxonomy, along with the 2019 SEC Reporting Taxonomy, FASB said Tuesday.

Olympus Corp. lost a U.K. lawsuit that tried to block the pension of former head Michael Woodford after he blew the whistle on an alleged $1.7 billion accounting fraud and 13-year cover-up at the firm.