Audit & Accounting

CECL’s impact on a financial institution is all about the portfolio makeup.

The Securities and Exchange Commission voted to propose amendments to the financial disclosure requirements in Regulation S-K and streamline the Management's Discussion and Analysis disclosures.

With FASB reviewing the standards for goodwill, PJ Patel, co-CEO and senior managing director at Valuation Research Corp., dives into the evolving complexities in the field.

Bernard Ebbers, the ousted chief executive officer at WorldCom Inc. whose corporate malfeasance led to imprisonment, has died. He was 78.

When it comes to getting up to speed for filing season, everyone has a different hurdle.

The Internal Revenue Service has convinced nearly 80 percent of the taxpayers who received settlement offers after engaging in micro-captive insurance schemes to accept the settlement terms it recently offered them. But there are still thousands of other taxpayers who will be facing examinations.

From blogging and social media to email marketing and prize drawings, preparers share how they lure in new clients.

The International Ethics Standards Board for Accountants released an exposure draft Thursday proposing changes to the International Code of Ethics for Professional Accountants to provide additional guidance to audit engagement quality reviewers about their professional objectivity.

Auditors need to provide value beyond the compliance function.

Denmark’s business watchdog said it has brought two auditors before a disciplinary board after concluding they violated regulations while reviewing Danske Bank A/S, the lender caught up in Europe’s biggest money laundering scandal.