Audit & Accounting

The Financial Reporting Council said that four of the eight audits reviewed at Mazars and five of 12 audits at BDO required more than limited improvements.

The ESG standard-setter is merging into the recently formed International Sustainability Standards Board.

Ernst & Young employees were upset to discover their paycheck deposits had been reversed after a glitch at its payroll processing company ADP.

Fractional work is replacing the traditional billable full-time professional, and value pricing is emerging as the accounting of tomorrow.

Audits of sportswear retailer failed to highlight possible related party, inventory and website sales risks.

Sue Coffey of the AICPA shares the latest trends and newest developments in this fast-changing corner of the profession, and looks ahead to what's next.

The Financial Accounting Standards Board is considering changes in the transition requirements for its long-duration insurance standard.

The board has given $19 million in awards since 2011.

Economic confidence among accountants and finance professionals in North America has declined to levels seen during the height of the COVID-19 pandemic in 2020.

While Charles Rettig is scheduled to testify to Congress’s main tax-writing committees, IRS officials offered potential justifications for the unusual audits.