Audit & Accounting

The profession needs to leverage both its unrivaled reputation for trustworthiness and its creativity and entrepreneurial spirit, say leaders at the AICPA.

When it comes to client advisory services, one size doesn't fit all.

The commission charged the Top 20 Firm and three of its partners Wednesday, and the firm agreed to pay a $1.9 million penalty to investors.

Aprio, a Top 50 Firm based in Atlanta, has watched its revenues increase from mergers and organic growth since rebranding over five years ago and plans further M&A activity ahead.

PricewaterhouseCoopers was fined almost £5 million pounds ($6.22 million) for a series of poor audits of two U.K. construction companies, as the regulator continued to crack down on audit failings by the Big Four.

Better, the online mortgage lender whose chief executive officer infamously fired 900 staffers on a Zoom call, is now facing a whistleblower lawsuit.

Revenues from client advisory services between 2018 and 2020 rose from 34% to 47%; by contrast, all other practice areas grew from 28% to 34% in the same period.

The average number of leases held by companies has returned to or exceeded pre-pandemic levels, according to a new report, even as they adjust to new rules that put leases on the balance sheet.

The Securities and Exchange Commission is requiring some financial forms that currently are allowed to be filed or submitted in paper format to be filed or submitted electronically.

To have a CAS firm, you need to change the narrative about accounting — you’re no longer selling your time; you are selling your knowledge and expertise.