Audit & Accounting

Assurance delivered by trusted auditors — who are independent and objective — is a cornerstone for the health of our financial and capital markets.

A recent report from the Big Four firm says audit committee members can no longer afford a "set it and forget it" approach to security.

Educators aren’t fully meeting the needs of students or employers when it comes to teaching accountants and finance professionals, according to a new international analysis from the Association of Chartered Certified Accountants.

The board asked for input on a proposal for a sustainability reporting framework, echoing recent moves in the private sector.

The board named the members the Investor Advisory Group and the Standards and Emerging Issues Advisory Group, and scheduled their initial meeting dates.

The Federal Accounting Standards Advisory Board is looking for feedback on an exposure draft of a proposed set of technical clarifications and amendments on lease accounting for the federal government.

The Securities and Exchange Commission extended the comment period Monday for approximately a month on its proposed rules for climate-related disclosures, giving commenters until June 17, 2022 to send in their feedback.

The board issued guidance Monday to address different accounting and financial reporting issues it identified.

The U.S. banned American accounting and consulting firms from working with Russia and imposed its first sanctions on Gazprombank as part of a package of new penalties targeted at Moscow.

The accounting profession is undergoing a reexamination of its efforts to address the lack of diversity, not only in the U.S. but in other parts of the world.