Audit & Accounting

Last month a very strange thing happened.

IRSAC will expand its functions, incorporate two other groups, and focus on the service's operating divisions.

Audit committees are providing company investors with more information about their oversight of auditing firms, according to a new report.

The new lease accounting standard that takes effect for public companies next year poses obstacles for the audit firms that have begun implementing it for their clients.

The accounting standard redefines the rules for operating leases.

The standards update aims to reduce the cost and complexity of variable interest entities, particularly for private companies.

Experts at an NYU roundtable shared their views on how AI and blockchain may change, or eliminate, the audit profession.

In Larry Culp’s first earnings day as CEO, the company revealed an expanded federal probe into its accounting.

Companies are still behind schedule in getting ready for the impending standard, according to a new survey.

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