The Latest

The cutbacks in the Australia region are the latest sign of pressure in an industry that spans accounting, audit and consulting.

The annual rush to pay Uncle Sam tends to suck hundreds of billions of dollars from the banking system.

An earlier postponement of the reapplication date has been rescinded.

A new report shows that, increasingly, the respondents in Public Company Accounting Oversight Board enforcement actions are firms, rather than individuals.

The new standard represents one of the biggest changes to IFRS in decades.

The firm may pursue its claims through an administrative office at the agency after agreeing with the federal government to dismiss its case.

Crete Professionals Alliance added Reid Tax & Advisory Services; and Financial Independence joined Level Four Financial.

Failure to maintain an acceptable accounting system may result in the withholding of payments from the government to a contractor.

Allen Weisselberg admitted to falsely testifying about his role in the valuation of assets the state proved at trial had been inflated for years to get favorable terms on loans.

The board imposed its largest-ever penalty of $25 million against KPMG's firm in the Netherlands, in addition to $2 million in fines against Deloitte's firms in Indonesia and the Philippines.