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Ernst & Young must pay $10.8 million to an auditor who blew the whistle on wrongdoing at a Dubai gold refiner in another black eye for the U.K. accounting industry.

Small and midsized firms need to prepare for a world of reduced liquidity and lower organic growth.

The Securities and Exchange Commission recently voted to exempt many smaller public companies from the Sarbanes-Oxley requirement for auditor attestations of their internal controls over financial reporting, but many companies have been able to bypass those audits anyway.

The Treasury Department and the Internal Revenue Service are partnering with the U.S. Department of Veterans Affairs to deliver economic impact payments automatically to veterans and their beneficiaries, without filling out extra forms, in response to the COVID-19 pandemic.

Doing valuations of commercial real estate in the midst of the pandemic is complicated when professionals can't just hop on a plane.

The American Institute of CPAs recognized 133 students across the country with the highest scores on the 2019 Uniform CPA Exam.

In addition to resources and information on various pandemic-related frauds, taxpayers can email the services tips directly.

The Internal Revenue Service processed more than 80 million stimulus payments on April 10 in a centerpiece of a $2.2 trillion effort to shore up the battered U.S. economy.

Whitley Penn launches strategic consulting services practice; Illinois CPA Society announces 2019 Excel Award winners; and more CPA news.

The typical case of fraud costs $8,300 per month, and the median duration of each fraud case was 14 months.