Audit & Accounting

Willingness to manipulate earnings helps individuals succeed in corporate accounting, according to a new academic study.

Noble Group, the commodity trader battling criticism of its accounting, stepped up its public defense by publishing an auditor’s report in support of its practices.

The Financial Accounting Standards Board has released two proposed accounting standards updates related to derivatives and hedging.

Thomson Reuters has introduced the Corporate CPE Network to provide corporate professionals with information, recommendations and best practices to educate them on new tax law and accounting requirements.

The Securities and Exchange Commission announced charges Thursday alleging that Miller Energy Resources Inc., its former chief financial officer, and its current chief operating officer inflated values of oil and gas properties, resulting in fraudulent financial reports for the Tennessee-based company.

The last of Bernard Madoff’s employees to be sentenced in the largest Ponzi scheme in U.S. history was ordered to serve six months in prison after pleading for mercy because of his failing health.

The Securities and Exchange Commission has adopted a final rule requiring public companies to disclose the ratio of the compensation of their CEOs to the median compensation of their employees.

Serving nonprofit clients requires a distinct skillset from CPAs and auditors.

Check out the digital edition of the August 2015 issue of Accounting Today.

Nonprofit organizations make accounting errors at a relatively high rate, in part because they try to avoid devoting a high percentage of their funding to administrative costs, according to a new study.