Audit & Accounting

An income statement summarizes revenues and expenses and then reports profits. Isn’t that just like the Christmas letter that summarized all the year’s activities?

Companies discussed taxes, followed by goodwill and/or intangibles, most frequently during their first year of disclosures of critical audit matters, according to a new report from the Center for Audit Quality.

The most influential people in the field, as chosen by their peers.

The legislation is in reaction to U.S. regulators being unable to review the companies' financial audits.

Auditors have taken a number of steps to address pandemic-related issues, according to a new publication from the Public Company Accounting Oversight Board.

Regardless of how we feel, the CPA, like everyone else on the planet Earth, is undergoing major changes.

TurboTax Live will connect taxpayers with a tax expert for advice — or to prepare their return.

The future of the field lies in directing the orchestra, not playing in it

Practitioners weigh in on their preferred mix of tax return types.

As part of this year’s Top 100 Most Influential People survey, Accounting Today asked, “What’s the most important lesson you’ve learned from the pandemic?”