Audit & Accounting

A new report from the Illinois CPA Society examines why young professionals aren't pursuing licensure.

PricewaterhouseCoopers is restructuring its U.S. firm into two business segments, and redefining its global strategy around the concept of trust.

The Institute of Management Accountants is objecting to the possible elimination of management accounting from the future courses required for students pursuing a career in accounting.

The International Auditing and Assurance Standards Board issued two new implementation guides Monday for its recent quality management standards.

For the first time, multiple CPAs under the age of 41 were honored for their contributions to the future of the accounting profession.

The board released updated implementation guidance for its leases standard, along with other accounting standards for state and local governments.

The consulting firm announced its newest group of high-potential CPAs who completed the one-year professional development program.

A failed oil trader in Singapore that owes creditors more than $3.5 billion is suing Deloitte & Touche LLP, alleging the auditing firm failed to detect “serious irregularities” in its financial statements for more than a decade.

Five local students received $8,500 via the Indiana CPA Educational Foundation Scholarship, providing financial assistance on their road to CPA licensure.

The top 10 firms grew their share of the SEC audit market slightly, but the increase didn’t go to the biggest firms.