Audit & Accounting

The thoughtful development of a formalized internal control framework can help with effective management of risk.

U.S. oil and gas companies, along with their investors, may not be doing enough to reflect the impacts of the climate crisis in their financial reports.

KPMG U.K. Ltd. faces a 15 million pound ($21 million) fine after it committed “gross misconduct” over a conflict of interest when it advised bed manufacturer Silentnight and the private equity firm that bought it in 2011.

The Securities and Exchange Commission is reportedly probing William Duhnke, the recently fired chair of the Public Company Accounting Oversight Board.

Internal alignment between departments will be more critical to success than ever.

Find out why the recent guidance from the SEC on how SPAC warrants are classified requires careful consideration of the specific facts and circumstances for each entity and each contract.

The board released a proposed ASU with the goal of improving the guidance for lessees that are not public businesses.

The Big Four firm is investing in an overhaul targeting better audits, digitization of services and greener operations.

The increasing number of hours devoted to Sarbanes-Oxley compliance, along with the COVID-19 pandemic, have accelerated the need to use technology and automation to cope, according to a new survey.

The American Institute of CPAs and the National Association of State Boards of Accountancy debuted the new accounting education framework, which introduces more future-forward concepts to CPA candidates in time for the 2024 Uniform CPA Exam.