Audit & Accounting

CPAs often talk about becoming strategic partners to help drive business decisions, and food safety is a real-world problem with a real-world impact.

The developer of cloud-based auditing software has finished a second round led by Battery Ventures.

Survey finds clients are more likely to refer their accountant if they offer client accounting services.

Exxon Mobil Corp. must face a lawsuit by investors who blamed a drop in the company’s shares on the disclosure that regulators were scrutinizing its reserve accounting related to climate change.

The Financial Accounting Standards Board released a long-awaited accounting standards update Wednesday to improve the financial reporting for insurance companies that issue long-duration contracts, such as life insurance, disability income, long-term care and annuities.

Ernst & Young is acquiring Riverview Law, a London-based provider of legal services, expanding the Big Four accounting firm’s global presence in the legal profession.

Compliance hours and costs for the Sarbanes-Oxley Act have risen in the past year for many companies, in part due to the new revenue recognition standard, according to a new survey.

The Financial Accounting Standards Board is proposing to make a number of narrow improvements in the lease accounting standard as public companies get ready for it to take effect at the end of the year.

The Institute of Internal Auditors has decided to focus on its main certification of Certified Internal Auditor while phasing out three of its less popular specialty certifications.

The AICPA's Chuck Landes looks both back and ahead to track where this core service has been -- and where it's going.