Audit & Accounting

The International Accounting Standards Board is considering an update to IFRS for SMEs, its stripped down version of International Financial Reporting Standards for small and midsize entities, the second major update to the standards since it was introduced in 2009.

Crowe Global, the eighth largest network of audit, tax and advisory firms, reported global revenues of $4.4 billion in 2019, an increase of 3.5 percent (not counting the impact of foreign currency exchange), the network’s eighth year of consecutive growth.

The international accounting firm network reported revenues of $1.98 billion in its 2018-2019 fiscal year.

Five college accounting students received $500 each for their creative entries answering the question, “Why do you want to become a CPA?”

A bill stuck in Congress might help improve audit oversight.

The majority of the U.S.’s 75 most populous cities lack enough funds to pay their bills, but the remaining 12 have budget surpluses, according to a new report.

Private companies got a reprieve for implementation of this major standard -- and they'll need all of it, according to LeaseQuery's George Azih.

The two-way Payroll Relief API allows permitted data to move between it and HR and human capital management solutions.

The Public Company Accounting Oversight Board released a video Monday discussing how to comment on its recent concept release on potentially revising quality control standards for audit firms.

As an accounting professional, you know there are potential tax-related upsides and downsides for every type of business entity.