Audit & Accounting

The Public Company Accounting Oversight Board has released a report on its 2014 inspection of KPMG LLP, finding deficiencies in 28 of the 52 audits it reviewed.

The International Organization of Securities Commissions is encouraging audit firms to be more transparent to investors about their practices by producing a new kind of report.

BDO Canada LLP has acquired H&A Forensic Accounting, a Toronto-based professional forensic accounting and advisory firm.

Toshiba Corp. sued three former presidents as the maker of personal computers and power plants tries to recover from accounting irregularities that have led to profit write-downs of more than $1.2 billion over almost seven years.

A key accounting safeguard intended to protect U.S. investors who buy shares of Chinese companies is close to unraveling.

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A new study predicts the Securities and Exchange Commission’s final regulations on clawbacks of incentive based compensation for corporate executives could backfire and only encourage companies to avoid the kinds of financial restatements that might trigger a clawback.

To Paul Pacter: It's the ends that matter, not the means

As the assumptions underpinning Valeant's growth story quickly unravel, attention has quickly turned to the company's accounting and its deviation from standardized accounting measures.

The International Federation of Accountants has published a paper calling for more “integrated thinking” by accountants.