Audit & Accounting

Accounting giant PwC’s work for Mattel Inc. is being reviewed by the top U.S. audit watchdog after the toymaker said it would restate some previous financial results because of a bookkeeping error, according to a person familiar with the matter.

For all the worry about the interaction of blockchain and assurance, there haven't been many real-life examples of it -- until now, with Top 100 Firm Armanino's release of a new attest product around stablecoins. The firm's Scott Copeland and Andries Verschelden share the details, and what it means for the future of assurance.

The bookkeeping-on-demand service is proving popular with accountants, and creating new opportunities for Intuit.

Three senators have reintroduced a bill that would exempt small broker-dealers from the expanded audit requirements of the Dodd-Frank Act of 2010 and reinstate looser auditing requirements.

A federal judge indicated he would allow House Democrats to proceed with a lawsuit that seeks to obtain the president’s tax returns from the Treasury Department.

Well more than half of accounting firms offer more than three distinct services to business clients.

The Institute of Management Accountants has released a new report explaining how accountants can improve their organization’s costing models, tools and information to support better decision making.

Despite new CAMs requirements, disclosures are still needed about how audit committees are interacting with their auditing firms, according to the CAQ and Audit Analytics.

The consulting practices of accounting firms saw their revenues increase 15.9 percent in 2018 to surpass $2 billion for the first time ever, reaching $2.1 billion, according to a new report.

Two Volunteers of the Year and 15 CFFs and ABVs were highlighted for their achievements during the 2019 AICPA Forensic and Valuation Services Conference in Las Vegas.