Audit & Accounting

India’s tycoon Singh brothers took at least 5 billion rupees ($78 million) out of the publicly traded hospital company they control without board approval about a year ago, people with knowledge of the matter said.

AI can be a problem for some CPA firms, particularly for those concentrated on attest services, which already have thin margins.

The test-makers are working to keep it responsive to the needs of candidates, employers and the profession. AICPA vice president of exams Mike Decker explains how.

The Big Four firm had the larger number of new clients for the year, but the Seattle firm netted the most.

The Association of Certified Fraud Examiners appointed a new CEO and president, Bruce Dorris, succeeding longtime leader Jim Ratley, who will be retiring.

A new academic study scrutinizes how bias may play a role when an auditor used to work in the same accounting firm as the CFO of the company being audited.

Audit committees at public companies should be aware of some of the accounting implications of the new Tax Cuts and Jobs Act, according to a new report from Ernst & Young.

What is IFRS 16, how will it affect your business and what do you need to do to ensure your leasing arrangements remain compliant?

The new dashboard allows accountants to offer concierge-supported payroll and HR services to their clients.

The fraud trial of three former Tesco Plc executives was halted when one of them, ex-U.K. Chief Financial Officer Carl Rogberg, had a heart attack days before the jury was due to begin deliberations.