Audit & Accounting

Sage EVP Jennifer Warawa says technology has turned everyone into explorers – but they all need help navigating the future.

Two years ago, the Financial Accounting Standards Board decided to defer the effective date of the revenue recognition standard for a year until Dec. 15, 2017 for public companies to give them more time to adjust to the new standard and to work out some kinks in the far-reaching rules. The deferred effective date arrived Friday, and many companies still aren’t ready.

The e-filing service provider has posted a range of useful information for tax pros online.

Christo Wiese’s grip on his global furniture retailing empire is slipping after the South African billionaire resigned from the board of troubled Steinhoff International Holdings NV and creditors forced a sale of part of his stake.

The International Federation of Accountants is expressing alarm about recent proposals from a group of global financial regulators to separate its standard-setting boards for auditing and ethics.

KPMG International reported Thursday its worldwide revenue grew 5 percent in local currency terms to a record level of $26.4 billion the fiscal year ending Sept. 30, 2017.

The American Institute of CPAs has released a new guide to data analytics to familiarize CPAs with the technology.

Ernst & Young has been reaching out to recruit and hire more people with disabilities, including workers on the autism spectrum.

The Securities and Exchange Commission has appointed William Duhnke to succeed James Doty at the Public Company Accounting Oversight Board.

KPMG has resigned as Liberty Tax’s independent accounting firm amid the continuing fallout over Liberty founder John Hewitt.