Audit & Accounting

Most of the Top 100 CPA firms reportedly are showing significant increases in revenue in their SUT practices.

The fraud that brought down tiny Commerzialbank Mattersburg im Burgenland AG raises questions for financial regulators and auditors that have uncomfortable echoes of the Wirecard AG debacle in neighboring Germany.

With the recent economic slowdown, companies are under increased pressure to show stability, or even growth, and paint a rosy picture for investors.

PPC Ltd., South Africa’s largest cement maker, plunged deeper into crisis after reporting accounting errors and delaying the release of full-year earnings for a second time.

The AICPA's Dynamic Audit Solution is on track to transform the field; Sue Coffey of the American Institute of CPAs and Erik Asgeirsson of CPA.com offer an update on this ambitious project.

The Governmental Accounting Standards Board is working on developing new standards for state and local governments to use under its new chair, Joel Black, while responding to the novel coronavirus pandemic.

The board is considering a proposal aimed at reducing the cost and complexity for private companies when they need to decide on the fair value of the shares underlying a share-option award on its grant date or modification date.

The campaign looks to recognize auditors through videos, blog posts and other stories in order to "put a face to the auditors who play a significant role in keeping the capital markets functioning."

Mark Frissora will return nearly $2 million in incentive-based compensation to settle a U.S. regulator’s claims that he played a key role in causing the now-bankrupt car-rental company to file inaccurate financial statements in 2013.

FICPA welcomes next class to emerging leaders program; Anders adds St. Louis firm; and more CPA news.