Audit & Accounting

The accounting profession is one of many struggling to adapt its workforce to reflect the changing demographics in the U.S.

The Governmental Accounting Standards Board proposed new accounting and financial reporting guidance Friday on deferred compensation plans under Section 457 of the tax code.

Forensic accounting, like forensic pathology, is a discipline, if not a calling, for many universities and business schools.

A new Accounting Today survey dives into the intricacies of this core service of the accounting profession.

The Financial Accounting Standards proposed some minor adjustments Thursday to the credit losses standard, also known as CECL because of its use of a Current Expected Credit Losses model.

Listen carefully, and you can detect a change in the way that partners at the major firms talk about their consulting work.

Tongaat Hulett Ltd. said South African police are investigating an unnamed former executive for his role in an accounting scandal that’s forced the sugar maker to restate financials and ask for its shares to be suspended.

The Top 100 Firm is expanding its forensic accounting, litigation support and business valuation practice with its latest M&A deal.

The International Accounting Standards Board has some amendments to the standard after hearing complaints from insurers.

Nearly 400 companies transitioned to ASC 842 within the first six months of the effective date.