Audit & Accounting

A tough season has some preparers considering taking down their shingle, but many still plan to hang on.

Telling your clients the story behind the numbers is critical to client accounting services.

The institute's Auditing Standards Board amended its standards Tuesday to include guidance in two areas.

Clients anticipate that audit fees will increase in 2021 due to the impact of inflation, COVID-19, acquisitions and divestitures, according to a survey by Gartner.

The New York State Society of CPAs announced that Rumbi Bwerinofa-Petrozzello will serve as the 102nd president of the organization.

The SEC abruptly fired William Duhnke as chairman of the Public Company Accounting Oversight Board. As part of the shakeup, PCAOB board member Duane DesParte will become acting chair, but the SEC plans to replace the entire slate of board members.

Almost three-quarters of inspections showing sub-par work, according to the watchdog.

By creating a more efficient and strategic finance team and improving their access to data, AI helps them gain the ability to more closely manage and control money.

International Accounting Standards Board chair Hans Hoogervorst is looking back at the growth of International Financial Reporting Standards as his decade running the IASB is set to end this month.

As companies come under increasing pressure to deal with climate change and diversity, their internal auditors are putting more emphasis on making sure environmental, social and governance reports are reliable.