Audit & Accounting

Former CPA Canada chief Kevin Dancey will succeed Fayezul Choudhury at the end of the year.

Financial professionals in the Americas and Europe are generally making as much or slightly more than last year, particularly those with certifications, according to a new survey by the Institute of Management Accountants.

The Financial Accounting Standards Board wants to improve how to deal with implementation charges for hosting service contracts.

The Big Four firm agreed to resolve potential liabilities related to its work for a failed mortgage lender.

Steinhoff International Holdings NV said a review by auditors at PwC into its accounts is focused on certain off-balance-sheet structures and deals with related parties and is likely to find that some assets, revenue and profit figures have been overstated.

Accountants need to have this conversation as much as anyone else.

The American Institute of CPAs and the National Association of State Boards of Accountancy have inked a mutual recognition agreement with the Institute of Chartered Accountants of Scotland to provide a streamlined process for accountants to practice in each other’s country.

Efforts in the U.S. and Europe to encourage public companies to change audit firms have largely failed, according to new academic research.

One of Noble Group Ltd.’s largest shareholders has stepped up criticism of the embattled commodity trader, describing losses as “shocking” and warning the billions in red ink will pile more pressure on investors to agree to a controversial debt-for-equity rescue plan that it opposes.

To prosecutors, Hewlett-Packard Co.’s purchase of Autonomy Corp. was akin to buying a Pinto dressed up as a Cadillac.