Audit & Accounting

The Institute of Management Accountants has published a new Statement on Management Accounting on Implementing an Effective Risk Appetite to help businesses identify their key risk exposures.

The Securities and Exchange Commission imposed sanctions Thursday against a Florida-based CPA for performing deficient and fraudulent audits and quarterly reviews for eight publicly traded companies, and issuing false and misleading audit opinions on the companies’ annual financial statements.

Investors place the greatest trust in independent auditors, according to a new survey by the Center for Audit Quality.

The Association of Chartered Certified Accountants has teamed up with the United Nations Children’s Fund in an effort to show companies how to improve children’s rights around the world, while also expanding its efforts to educate accountants in the U.S. and abroad.

Pressures are growing quickly around the world for internal auditors who work in the financial services industry, according to a new report.

The chairmen of the two organizations responsible for the creation of IFRS argue the value of the standards to the public in a new publication.

Between legislative changes and proposed rules and guidance issued by government agencies at the federal, state, and local levels, business owners have a lot of red tape to navigate and understand.

The International Accounting Standards has issued an amendment to its revenue recognition standard, IFRS 15 Revenue from Contracts with Customers, formalizing the deferral of the effective date by one year until 2018.

The Securities and Exchange Commission filed accounting fraud charges against two former top executives of a now-bankrupt online video management company, accusing them of falsifying financial statements to make the company appear more profitable than it was in reality.

The pace of new hiring for accounting and finance jobs is expected to hit its highest level this year during the fourth quarter within certain markets, according to a new report.