Audit & Accounting

The Big Four increased their percentage of SEC audit engagements at the expense of the rest of the top 10 auditors in 2019.

The pandemic and the new accounting standard are leading to lower regulatory capital ratios at global investment banks, according to a new report.

The Financial Accounting Standards Board released an accounting standards update providing a one-year effective date delay for private companies and organizations to apply the revenue recognition and leases standards due to COVID-19, although they still have the option to apply the standards early.

Highs, lows, curveballs and surprises are routine for every business, including accounting firms. Pandemics, however, are not routine (thankfully!). This crisis tests and provokes us all to the extreme.

Defunct U.K. contractor Carillion Plc won’t be able to get key KPMG documents to prepare for a 250 million-pound ($314 million) negligence lawsuit against the accounting firm.

The service hasn’t been doing enough to collect the taxes owed by hundreds of thousands of people who owe billions of dollars, according to a new report.

The Public Company Accounting Oversight Board issued inspection reports Monday for the six largest auditing firms in a new format with more graphs and charts.

Now is a great time for firms to get into cannabis accounting — but they need to be careful how they build their niche.

Experts share what the profession has learned from COVID-19, from CPAs being ‘small businesses’ first responders’ to the inevitability of remote work.

EY adds to global executive team; BKD breaks out big data & analytics into new national practice; and more CPA news.